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melissa_2004:
I prefer daily as well.  If you are a billing service, do you charge per claim (flat) or a percentage?  Seems you will lose revenue if you are charging per claim, placing 3 service dates on that one claim that you waited on for 10 days and bill.  If not daily it should be at least weekly.  If you are in the office billing you are saving on the number of claims to the clearinghouse but losing the benefit of money that could come in sooner for the provider and perhaps gain interest on the earlier payment.   I guess it comes down to what's most important for the provider, collecting payments sooner or saving a few dollars on the clearinghouse.   

Melissa

Pay_My_Claims:

--- Quote from: DMK on January 22, 2010, 01:19:45 PM ---
--- Quote from: Pay_My_Claims on January 21, 2010, 08:03:45 PM ---What difference does it make if you do it every 10 days or every day if its being paid by claim? The number of claims you submit won't vary. I'd prefer to submit DAILY. The reason I started my company was to help increase revenue. 10 days delay in billing is an additional 10 days for reimbursements to come in. If there is a denial on your claim that is 10 days you waited to find out about it, then it denies, you get it and wait for the next batch to go out........not feeling that at all!!!

--- End quote ---

Because if we have 3 dates of service for a patient on one claim, I only pay for 1 claim, not 3, if I were to bill daily.  It's for chiropractic, and just our office, so it may be different for multiple MD's who only see a patient once every 6 weeks, or once a year.  Is that logical?

--- End quote ---

I don't like billing different dates on a claim. You have to TRUST the processor at teh insurance dept way too much. I understand your logic, but ...too risky to me.

sherry27:

--- Quote from: sagemb on January 07, 2010, 03:50:59 PM ---Same Here!

For example, my doc wants me to get the bills out as fast as possible so that the payments would come in timely manner.

However, the recent doc I spoke to said that he's seen more experienced billers send out bills once in a week or sometimes 2 weeks. He didn't explain much about why, but said something about the deductibles. It didn't make much sense to me without any details. But I can tell that I don't know all that I should in this business even after 3 and half years.  :-\

--- End quote ---
He's probably talking about the medicare deductibles. We all know at the begining of the year if you hurry and send your claims out, it will probably go to deductible with medicare. I think medicare considers it "not allowed" to hold claims for that reason. So, for that reason, Lets just say I take it easy in January.

 And for the other remark someone made, I bill for Hospitalists. I put multiple days on one claim. It is easier that way, and a lot easier to keep up with.  For the person that billed for the Chiropractor, and the pt is coming in several times a week, I would bill that on one claim also

NuBiker:
That's the one thing that I don't like about medical billing. In my years working for a large corporation, when I was learning something new, there was always a more experienced person around to ask questions.
Here, I sometimes wonder if I am missing something. There is no one to ask!!! I am so glad I found this site.
My worst nightmare is I am missing something really simple and one day the checks stop coming in, LOL.
My doctor sees about 8 to 11 patients per day. She schedules a patient every 45 minutes, starting at 10AM, the last patient leaves at 8:45pm.
I send in the days claims before I go home. I average about 3 weeks from submission (I use Office Ally) to the time the checks come in the mail.
I track with each patient how much their insurance pays, and let the doc know every night how much we put in the "pipeline".

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