June, 2018 – Accurate and on time payments are critical for a healthcare practice to be able to sustain and provide the health care and attention the patients deserve. If billing inaccuracies are preventing the cash flow and revenue you are expecting, then it’s time to ensure that your medical billing is managed accurately.
Information and Documentation
The most common source of billing inaccuracies is incorrect coding. It is important that everything, from the diagnosis to the procedures performed, should be recorded precisely. Each piece of information, such as the medications administered or vital signs, must be documented.
Medicare Regulations
If Medicare does not cover a procedure, the patient should be informed immediately and given options to prevent any delay in treatment.

The biller needs to be thorough if Medicare stops paying on services by a specific provider. The stopping of Medicare payments should be investigated and resolved if Medicare has wrongly stopped payments.

Sometimes you may have to educate patients about these restrictions and verify eligibility in advance to ensure the patient’s coverage.
EMR (Electronic Medical Records) Software
There will be a delay in insurer payments if important information is missing. CMS (Centers for Medicare and Medicaid Services) has already updated rules for EMR. EMR software can help to prevent delays by sending alerts on missing data. At the same time, your billing staff needs to ensure that no details are overlooked.

Powerful EMR software by leading providers, such as Emerald Health, is designed with a simplistic user interface allowing users to quickly find and enter patient data. It includes –
• Comprehensive charting features in a single screen
• eRx on any PC, iPhone, iPad, Tablet
• Medication management using electronic prescribing module which enables drug-to-drug, drug-to-allergy checking
• Patient encounters in SOAP note format
• Single click reviews of history fields including: medications, prescription, diagnosis, subjective, objective, plan, follow-up
• Customizable report generator
• Customizable interface with physician owned laboratories
• Customizable interface with reference laboratories
• Interface with instruments – EKG, Holter, PFT
• Monitor billing by tracking unbilled procedures
Since successfully managing the medical billing process can be challenging, most healthcare practices are outsourcing their medical billing to professional billing services. These billing service providers can help you –
• Manage all elements of medical coding, billing and collections
• Maximize revenues
• Reduce costs
• Accelerate cash flows
• Improve productivity and efficiency
• Focus on patient care and quality

Many practices even choose to improve their practice’s profitability a comprehensive Revenue Cycle Management service along with medical billing. This gives them time to focus on what they started out to do – patient care.

To learn more or to take advantage of the top medical billing and coding services offered by the best medical billing service provider, call Emerald Health LLC in Massachusetts at 855-650-9906 Today.