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!!!
Quote from: Pay_My_Claims on January 21, 2010, 08:03:45 PMWhat 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!!!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?
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.