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Why Outsourcing Medical Claim Billing?

By James Lee on Jan 23, 2010 |Health and Fitness

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Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Medical claim billing is a process of complete paper worksubmission and claiming by insurance companies for retrieving payments. Thisprocess generally followed by medical insurance companies which are private orgovernment companies.   Medical claim billing process involves various types ofactivities but the main purpose of any medical claim billing company is toprocess super-bills and submitting medical claims to insurance companies inorder to receive payments for their clients in a timely manner.   Once the procedure and diagnosis codes are determined, themedical biller will transmit the claim to the insurance company. Medical claimbilling is usually done electronically by formatting the claim as an ANSI 837file and using electronic data interchange to submit the claim file to thepayer directly or via a clearing house.   To run a profitable medical business, hospitals and otherhealth care facilities should follow an effective way of collectingreimbursement.   Medical claim billing process includes below steps:   Pre-certification & Insurance Verification Patient Demographic Entry CPT and ICD-9 Coding Charge Entry Claims Submission Payment Posting Account Receivables Follow-up Denial Management   Today, medical claim billing process is become one of the mostimportant outsourcing services in the healthcare industries and across the world.This services booming day by day in many hospitals and practitioner tooutsource their medical billing and reimbursement requirements to offshorefacilities.   The concept of medical billing outsourcing was started fromthe requirements to get additional medical specialists to perform thosesecondary tasks apart from the primary medical tasks which are managed by themedical specialists from the medical institutions such as the hospitals, privateclinics, nursing homes etc.   Outsourcing of medical billing service has been widelyimplemented in the medical industry today. Offshore Medical Billing hasprovided numerous medical health care and medical billing services. We also providesmedical claim billing systems with more than 17 years of experience, specializedin services provided with Medicare and Medicaid.   To outsource your medical claim billing requirements to us,please contact us at: http://www.offshoremedicalbilling.com/medical_claims_processing.php OR E-mail us at: info@offshoremedicalbilling.com  

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