Guide to "Real-Time" Medical Billing - Forward Looking Technology

We all know that the Internet has changed our world. And now it has changed the way doctors get paid!  Real-time claims processing is revolutionizing the way the medical industry bills insurance companies (including Medicare/Medicaid) and is gaining great favor among doctors and office managers across the nation.  The system requires no complex installations and is automatically upgraded on a daily basis. What’s more is you’re given direct access to your client's data 24 hours a day, 7 days a week via the Internet.  That accountability has put doctors at ease and office managers rejoicing. 

Real-time technology is not for the little guys.  This caliber expertise requires an unparalleled experience; not only in medical billing and/or insurance interface but requires a forward-looking intelligence in cutting edge technology.  Take American Billing Systems, Inc. for example.  This Dallas, Texas based company has realized the need for a real-time business model and has successfully accomplished such through their real- time medical billing platform.  With an impressive network of over 1,500 consulting/billing offices nationwide, they successfully process thousands of claims per day and have helped hundreds of doctors in their search for a solution that brings a medical practice consistent cash flow. 

A recent survey in the Medical Group Management Journal showed that the average cost of an internal billing department was 11% of the practices' income.  Billing services, on the other hand, charge much less to perform the same service, depending on the volume and complexity of the situation.  But beware of those who say they bill electronically.  Most are still billing on paper or are struggling to get the latest updates into their system (i.e. NPI, ERA, etc.).  Unfortunately, it’s the doctor who ends up getting the short end of the deal.  With real-time billing these updates are done almost daily with no interruption to business.

Claims that are processed in real-time speed up the adjudication process and lowers the rejection rate from about 30% to about 2%. It goes without saying that claims that are not rejected move through the system more quickly.  A doctor can now expect payment in as little as 7 days.  In addition, claims that are mysteriously "LOST" by the insurance companies and never paid are eliminated altogether. Claims cannot be lost when using electronic medical claims filing because they produce an acceptance report from the carrier that ensures receipt. With a system like this who can go wrong? 

Now you can Eliminate Software Hassles, Lower Rejection Rates, Free Your Time for Patients, Experience Immediate Savings and Speed Up the Payment Process! 

Worry less, you just found a viable solution!


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