Medical billing and electronic claims processing services help in obtaining faster payments from insurers by reducing the time involved in preparing conventional paper claims. The service involves automated claim translation, database maintenance and reporting. Electronic claims processing ensures faster payment for clients. It also reduces your overhead cost by ruling out the labor cost required for printing, sorting and mailing.  

Prominent Features of Electronic Claims Processing Services

Electronic claims processing firms upload the files to the bill payers employing a secure file transfer protocol (FTP). Before sending off to the payers, various techniques are utilized to match the bills with claim numbers. Electronic medical claims billing services utilize various advanced software packages such as Medical Manager, Eclipse, Medisoft, e-clinical, Misys, Lytec, Inception, Next Gen.

Electronic claims processing services offer multiple advantages such as automatic offsite backup and payment posting, claim tracking, bill customization, multiple payment posting, electronic patient statements, and secure internal messaging.

To ensure superior security, the entire electronic billing process is HIPAA compliant. It also ensures accurate keying by auditing the charges entered by charge entry. The main benefits of electronic claims processing services are:

•    Reduced billing and insurance errors
•    Timely management of clients' accounts receivables
•    Free direct access of data from any Internet enabled computer
•    Fast turnaround time and improved cash flow
•    Faster processing with quicker payment resolution
•    No hardware or software installation and maintenance expense
•    Low processing rates
•    No upfront costs
•    Backup and restore data
•    Obtain timely reports and claims status information

Quality Medical Billing Services from Leading Outsourcing Firms

Nowadays you can find a number of outsourcing firms offering medical billing and electronic claims processing services. To get the best service, compare features and costs of various competitors in the industry. Reliable service providers offer precise billing solutions at affordable rates.