General Category > General Questions

Raising Skills

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dfranklin:
Most of mine like it done daily to keep the cash flow the greatest.  I personally like weekly myself but I too try to abide by their wishes the best I can.

I don't think there is anything out there for "Advanced" either.  I think utilzing mediums such as this forum and other groups and absorbed everything you can is all you can do besides learning as you go.  You will never know everything, you just have to be good at researching and finding the answers when you get into the "advanced" world of medical billing.

DMK:
I do billing every 10 days to keep the cash flow steady.  Plus my clearing house charges per claim, so I'm trying to keep our overhead down too. 

I would love to see an Advanced billing seminar, but who can get the correct info out of the insurance companies to train the billers?  I've said it before, the insurance companies seem to keep tweaking their processing just to avoid paying!

I really appreciate the "tricks" I've learned on this site. 

Pay_My_Claims:
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!!!

dfranklin:
Amen! Waiting 10 days does not do anyone justice.  That will reak havoc on the A/R.  Weekly is the longest you should go and Daily is the best as far as keeping the cash flow at its highest for the provider.  The provider is not going to see how you are improving his A/R which will make it tough on getting referrals. 

DMK:

--- 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?

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