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NEW COMPANY BRINGS ELECTRONIC MEDICAL BILLING SERVICES TO ST. AUGUSTINE & JACKSONVILLE
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Abbruzzino states that the solution is electronic claims processing. “Many health care providers routinely file their Medicare claims electronically,” said Abbruzzino, “but most still file their claims to commercial insurance carriers manually on paper forms through the mail. These commercial carriers represent the bulk of their business. This antiquated process results in significant delays, errors and, ultimately, denied claims that have a negative impact on the provider’s bottom line.” Through electronic claims processing and a comprehensive analysis of the procedure codes used by providers to report their services, Abbruzzino reports that claims that usually take anywhere from 45 days to as much as 90 days to be paid are routinely paid in 7 to 21 days on average when filed electronically. “This represents a dramatic improvement to cash flow and the financial well-being of the practice” said Abbruzzino.
Abbruzzino states that her services range from just filing claims electronically all the way up to full practice management involving the posting of payments received from insurance companies, filing claims with secondary & tertiary insurance, if any, and billing patients for any remaining balance after insurance has paid its share. Telfonix also offers its clients the benefit of monthly practice management reports that aid providers in making critical business decisions affecting the practice. Abbruzzino states that her services actually save the practice several dollars on each claim filed electronically when compared to manual filing and that she can prove this by running a computer analysis using the practice’s own figures. Interested parties can contact Telfonix Medical Billing & Hipaa at (904) 543.8459 or 800.843.5875, www.telfonix.com, or medicalbillinginfo@telfonix.com for more information.
This article courtesy of http://Medical Info101.com.
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