Outsourcing Medical billing is the process of transferring the responsibility of medical billing to a third-party company. Outsourcing medical billing can be beneficial for many medical practices as it can help reduce costs, increase efficiency, and improve the overall financial performance of the practice.
Medical billing is a complex process that requires a high degree of accuracy and attention to detail. It involves the submission of claims to insurance companies and government programs, such as Medicare and Medicaid, for payment of medical services.
The first step in the medical billing process is to gather patient information. Staffingly, Inc is HIPAA compliant and hence one can be rest assured of the security of the data such as name, address, and insurance information, as well as medical history and treatment information of the patient. This information is used to create a patient profile, which is used to verify insurance coverage and determine the patient’s eligibility for benefits.
Medical coding is a complex process that involves assigning codes to medical services that accurately describe the services provided. This includes diagnostic codes, procedure codes, and supply codes. Medical coders use standard coding systems, such as the International Classification of Diseases (ICD) and Current Procedural Terminology (CPT) codes, to accurately code medical services.
At Staffingly, we have employees, who come from medical education background and furthermore our employees are trained to understand the complex process and give accurate results.
Number of Bills completed by our employees till date: 474824
In the medical billing process, once the medical coding is done a claim is created that serves as a request for payment that is submitted to the insurance company or government program. The claim includes the patient information, codes for the medical services provided, and the cost of the services. The claim is then submitted to the insurance company or government program for payment. With our trained Employees this information is highly secured and 100% confidential.
Insurance Verification: Before the claim is submitted, the insurance company must be verified. This involves checking the patient’s insurance coverage to ensure that the services provided are covered under the patient’s policy. This step is important because it ensures that the medical billing process is accurate and that the patient is not responsible for paying for services that are not covered by their insurance.
Payment Processing : Once the insurance company has received the claim, they will process the payment. This involves reviewing the claim to ensure that the services provided are covered under the patient’s policy and that the claim is complete. If the claim is approved, the insurance company will pay the medical provider. If the claim is denied, the medical billing process must be reviewed to ensure that the claim is accurate and complete. Our fully trained staff, will make sure the claims are accurate and complete for a smooth approval of claims.
Follow-up and Collection In some cases, the insurance company may not pay the entire amount of the claim. The medical billing process includes follow-up and collection to ensure that the medical provider is paid for all services provided. This may involve negotiating with the insurance company or appealing a denied claim. Our employees possess exceptional communication skills that makes the entire negotiating process smooth.
The medical billing process is a complex process that requires a high degree of accuracy and attention to detail. It involves several steps, including gathering patient information, coding of services, creation of a claim, insurance verification, payment processing, and follow-up and collection. Our employeees are professionals and knowledgeable in the said field and are skilled in order to carry the process of medical billing smoothly.