Thursday, May 1, 2008

Medical Billing - DME Software Forms

As is true in most of the administrative world, there are more forms than people know what to do with. Go to a doctor's office for a procedure and he'll most likely have you fill out a slew of forms that will end up taking you longer to do than the whole examination or procedure itself. Well, the world of medical billing is no different. There are more forms than you can possibly imagine. We take a look at some of the more common of these forms.

Probably the most common form in medical billing is the HCFA 1500 form. This is the main claim form to bill for services. These forms are enormous. There is more information contained on a HCFA 1500 form than probably on any other form in existence. The amount of information contained in a HCFA 1500 is beyond the scope of this article but some of the main pieces of information are patient personal information, insurance information, items billed and patient medical history. HCFA 1500 form manufacture is big business and these forms are very costly to billers. That is why many medical billers are switching over to electronic billing so that they don't have to deal with these HCFA 1500 forms.

Another billing form, though not as common but gaining popularity, is the UB-92 form for billing. The main difference between the UB-92 and the HCFA 1500 form is the format. For the most part, the same information is transmitted. It's just in different places. There are some things contained on one form and not on the other. But for the most part, they serve the same function.

Another common form is the Certificate Of Medical Necessity, or CMN. CMNs are needed for any item given to a patient where the biller has to show proof that the patient is in medical need of this item, such as a wheelchair or oxygen concentrator. This proof has to come from the doctor who fills out a CMN, which he then has to sign. CMNs are also big business and very costly forms, though not as expensive as HCFA 1500 forms.

Not quite as common are forms called Centers For Medicare And Medicaid Services, or CMS forms. These are actually very new and as of this writing, a new version will be coming out in April of 2007. These forms cater specifically to Medicare and Medicaid claims.

And there are a number of other odds and ends forms to add to the above list. Each one has its own specific purpose. Some you may use only once in a year but if you don't have it, it could lead to lost revenue. So be assured that the price you will pay for that form will be a hefty one.

And if all that isn't enough, each of these forms comes in either regular dot matrix form or specially made for laser printing. Yes, the laser forms are much more expensive.

Make no mistake about it. Medical billing forms is big business and one of the biggest costs to any medical billing agency.

Michael Russell

Your Independent guide to Medical Billing

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Thursday, March 20, 2008

Billing Software Guides

You have your own business and it?s doing well. However, you feel a little disorganized. Your accounting and billing system could use some organization. You need to find some billing software guides that will help you find the perfect software program for your business. Billing software is designed to help you keep track of customers and generate statements, invoices, and other business documents.

Billing software guides are designed to help you choose the billing software that is right for your business. When it comes to billing software, you can get as general or specialized as you need to. For example, medical billing software has special features designed to accommodate the needs of a thriving medical practice including a place to enter patient insurance information. Automotive billing software is designed to meet the needs of an auto body shop. What kind of business do you own? Is there specialized billing software designed for your type of business? If not, then you will need to choose a more generalized program.

Once you choose the billing software program that is right for you, you will need to learn how to use it. The best software program is one that is easy to learn and easy to use. If a system is too complex and confusing, it won?t have the desired effect because you may not use it. That?s not to say a learning curve will not exist or is not normal. But it shouldn?t take you too long to figure out how to use it.

Billing software guides help you choose the billing software that is right for your business. If your industry doesn?t have specialized software, as is the case with medical billing, then you will need to purchase a more generalized system. When you do find the software that is perfect for you, it will make your job so much easier.

Billing Software provides detailed information on Billing Software, VoIP Billing Software, Chiropractic Billing Software, Free Billing Software and more. Billing Software is affiliated with HIPAA Complaint Medical Billing Software

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Monday, March 17, 2008

Billing Software

Every business or company needs efficient, fast and quick results from their employees; they are more dependent on the manual work than machines for a few accurate and quick processes. The major places where there are problems, faced by either small businessmen or tycoons, are accounts or cash procedures. Even in an age where machine power is the norm, many businesses yet depend on manpower. This gives rise to inefficient and delayed results. Billing software, also known as invoice software, is software that helps us to maintain bills or accounts accurately.

It simplifies the process of manual billing and provides features like automatic invoicing, integration with other systems, time management, self service, payment processes and more. Added to this, it can be used to maintain a complete client and staff history with billing adjustments and time-slip production. This software can be also used in creating invoices, quotes, proposals and customer statements, and also to keep track of outstanding invoices and customer payments. This is a very important component that can be used in any type of business.

If the billing isn?t on time and accurate, or if the billing processes are inefficient, then there are chances of losing customers and revenue. Billing software can be the perfect solution to your problem. It can not only help get your billing done fast, but manages to save your customer contacts and provide sales reports. This software meets the requirements of not only a one-person office, but also a large network-based organization getting fast and immediate results.

If you are looking for software that will get your billing done with minimum time and maximum flexibility, get billing software in your office. Spend less time billing your customers and more time filling their needs.

Billing Software provides detailed information on Billing Software, VoIP Billing Software, Chiropractic Billing Software, Free Billing Software and more. Billing Software is affliated with HIPAA Complaint Medical Billing Software

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Monday, March 3, 2008

Dr. Brian Capra, Chiropractor and Expert in Office Automation and Billing Software - Part II

Dr. Brian Capra, a graduate of Life University, has been a practicing chiropractor and office automation expert. He routinely visits chiropractic offices around the nation while receiving raving feedback from his clients. In his blog on Chiropractic Office Billing Software Profitability, Dr. Brian offers practical solutions for building a profitable and completely paperless office. In the second part of his interview, Dr. Brian gives advice to chiropractors who are at the start of their professional career.

 

  • How did your own viewpoints evolve from the time you started Billing Precision?

     

    Dr. Brian : My viewpoints evolved in step with the growing scope of our service. As the number and size of the practices we support grew, I realized that my initial conjecture about the importance of integrated office workflow is paramount to success. For instance, besides a solid billing process, perfect SOAP notes are critical for better care, for lower audit risk, and for full reimbursement.

    Two other critical points are practice owner's business focus and teamwork. An unfocused practice owner will always confuse profit, revenue, and costs. And insurance companies will always exploit the lack of teamwork between billing and front office personnel.

    Today I realize that focus and teamwork can be turned around from being points of vulnerability to the strongest weapon for improving practice profitability and making the insurance companies pay everything they owe you. You can lock them down. You can research your options, fight back, and help others to fight back too.

  • When talking to practice owners who invite you to their office, what are the comments that stick out most in your mind?

     

    Dr. Brian: In many ways, working with practice owners reminds me of working with the patient: a practice is a very complex system, where the flow of information must be uninhibited in order to have the practice growing at a healthy pace. Patients must make progress and vital functions of the office too must perform optimally to grow and to avoid risks.

    Patients are notorious for saying "well, I just get these headaches about once a day." When they realize that a headache is a problem with blood to the brain and most chiropractic do not have headaches, they see a whole new reality they never knew is possible. When patients begin to understand the principles of how things happen, they understand that chiropractic is not just a treatment for headaches. They begin to appreciate their true potential.

    A systemic "subluxation" may not be immediately observable to a naked and untrained eye, yet it may cause major setbacks for the practice owner. Just like patients who lack education about their own body and their nervous system, practice owners are often ignorant about the reasons for their underpayment or for the lack of practice growth. Many are complacent, they think where they are is as good as it gets.

    Doctors and practice managers are no different with realizing the potential for the health and wellness of their own office. Their own resistance to change and education, not the payers or the lack of adequate technology, is their biggest enemy. Few practice owners are open immediately to the changes in attitude and self-discipline required for measurable improvement in collections and reduction of audit exposure. Some seem stuck on "I don't need this," "we have it under control," "we tried it and it did not work," "we can do it better" or "if it is so great how come nobody else is doing it?" Others have tasted previously awful experiences with outsourcing to billing services that neglected denials and underpayments and collected commission fees only on claims that were paid anyway.

  • What would you advise to the chiropractor who is about to start a new practice?

     

    Dr. Brian: Keep the principles in mind. An office is in a lot of ways a living thing. Just as it is impossible to for the liver to do the job of the kidneys it is impossible for the chiropractor to do the job of the biller of front desk. Luckily, God made a centralized system to control and coordinate the intercommunication and function of every cell in the body. Obviously the system is the CNS and all organs and systems are accountable to it. A new doctor should see that he/she should leverage a technology and use it as the CNS of his/her practice. In that way they can act at times like the brain, sending messages and giving orders to the rest of the body through the technology, and at other times allow that system to sustain the life of the practice. The doctor can then pick and choose where his/her time is most effectively spent: IE, Marketer, Adjuster, or Manager.

    Steps to success:

    1. Get a system of practice
    2. Get a technology that will help measure that system and one that will help manage it
    3. Run the system
    4. Find inefficiencies
    5. Build in automation, leveraging technology and other people’s time, to prevent the inefficiency from reoccurring
    6. Measure the changes and adjust accordingly

      Yuval Lirov, PhD, author of "Practicing Profitability - Network Effect for Revenue Cycle Control in Healthcare Clinic and Chiropractic Office: Scheduling, SOAP Notes, Care Plans, Coding, Billing, Collections, and Audit Risk" (Affinity Billing) and "Mission Critical Systems Management" (Prentice Hall), inventor of patents in Artificial Intelligence and Computer Security, and CEO of Vericle.net - Distributed Billing and Practice Management Technologies. Yuval invites you to register to the next webinar on audit risk at BillingPrecision.com.

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Friday, January 11, 2008

Electronic Medical Billing Software Products in Press (June - July 2006)

Medical Billing technology has witnessed continued expansion during the first two months of this summer, as evidenced by press releases about some ninety products accumulated in BillingWiki. A practice manager may find it difficult to select the best product from such a large product variety. This article roughly tabulates some eighty-five press releases about medical billing technology products and/or vendors across two-dozen service categories.

Asset Life Cycle Management: Products that help healthcare organizations optimize the performance of their capital assets, uncover hidden expenses, gain more visibility and control over their asset and facility operations, and improve safety. Such systems also serve as repositories for hazards, alerts and recalls facilitating a closed-loop process that documents the hospital's course of notifications and corrective action. See St. Croix and LYNX.

Audit and Compliance: Products that help providers and payers to manage compliance by facilitating internal audits and planning external audits respectively. Such systems assist an auditor to spot errors, omissions, fraud, and abuse. Solutions span spectrum from basic audit reporting to complete automation of the audit process by using data mining, natural language processing, and statistical methods to produce a random sample of medical records, data scoring, and potential revenue loss estimate.

  • Claim Audit: A-Life, CodeRyte
  • EFT Audit: GlobalSCAPE
  • HIPAA Privacy and Security Compliance: MedicalSuite

     

     

 

Certification and Awards:

  • Best in KLAS: KLAS is a leading source of information on Healthcare Information Technology vendor performance, with information gathered from users at more than 4,500 healthcare facilities nationwide. Performance data collected from 300 Healthcare Information Technology vendors and 500 of their products is evaluated and made available to subscribers through the KLAS website as well as through periodic reports and custom research. See press releases about VantageMed and athenahealth.
  • CCHIT Certification: The CCHIT Certified mark - a "seal of approval" for EHR products - provides the first consensus-based, consistent benchmark for ambulatory products. See LSS Data Systems and Misys.
  • DOQ-IT Testing: CMS, an agency of the U.S. Department of Health and Human Services, established the DOQ-IT initiative program to encourage physicians to adopt EHRs and, in turn, improve the quality, safety and efficiency of health care. In order to gain official DOQ-IT recognition, vendors must meet all 35 DOQ-IT reporting requirements. See Misys

     

     

 

Deals: This category shows business development activity based on leveraging reciprocal client relationships and complementary product capabilities. See A-Life, Affinity Billing, athenahealth, eClinicalWorks, Eclipsys, GE Centricity, H-Quotient, Healthnostics, IngeniousMed, JPI Data Resource, LEAPpm, Massachusetts Medical Society, MedLink, Misys, medFORCE, medHost, MediSys, Nexplicit, Nicka & Associates, Nightingale On-Board Communications, PatientKeeper, Quantum Group, RXHub, Scandent, Streamline Health.

Electronic Charge Capture: MedAptus

Electronic Data Interchange (EDI): The ability to access one single source of continuously updated claims tracking data to perform real-time status checks directly from local PCs instead of spending hours on the phone calling one insurer after another to track down the status of submitted claims. See MicroSys.

E-learning: AlphaQuest, Care2Learn

Enhanced website: CAP-MPT, Companion Technologies, Patientrak

Factoring: Factoring provides healthcare professionals with automated electronic insurance claims management solutions and advance funding on medical claims, as submitted, through a revolving line of credit. See MDWerks

Integration: Products that expedite revenue cycle by integrating office management functions, which in the past used to be performed separately. Integration eliminates data entry repetition, reduces errors and costs, and streamlines revenue cycle. See press releases about four integration aspects outlined below.

  • Billing and Coding: ChartLogic
  • Billing and EMR: Affinity Billing, MediEMR, Siemens, NextGen, athenahealth.
  • Billing and Compliance: Billing Precision.
  • Billing and Imaging: IMPAC, AMICAS, Fujitsu, MedLink.

     

     

 

New clients: Ingenious Med For, Lumetra, Misys, Per-Se, MediSys, Craneware, PaperFree, athenahealth, Picis, MicroMD, intraNexus, Visionary Medical Systems, AllScripts, LUMEDX, Streamline Health, LYNX, Sullivan Group, PHNS, Streamline Health, ECDS, McKesson

New billing products and services: Automed, HealthWare, JP Morgan, Physmark-Transplant, LabDAQ

Online Supply Store: Antek HealthWare

Patient Payment Ability Verification: Offers predictive reporting functionality to determine a patient's ability to pay for services and verify a patient's billing address in real time. See Per-Se.

Payer-side automation: See Guidewire ClaimCenter, XPERT Connect.

Personal Health Record Smart Card: Patients and health care providers can access medical health records, and send and save their most vital personal medical information instantly using the Internet or multiple devices, such as smart cards, USB keys, mobile phones, PDA's and Tablet PC's. See Patientrak.

Telemedicine: eNotes.

Yuval Lirov, PhD, author of Practicing Profitability - Network Effect for Revenue Cycle Control in Healthcare Clinic and Chiropractic Office: Scheduling, SOAP Notes, Care Plans, Coding, Billing, Collections, and Audit Risk (Affinity Billing) and Mission Critical Systems Management (Prentice Hall), inventor of patents in Artificial Intelligence and Computer Security, and CEO of Vericle.net - Distributed Billing and Practice Management Technologies. Yuval invites you to register to the next webinar on audit risk at BillingPrecision.com

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Friday, December 14, 2007

Most Popular Electronic Medical Billing Software

In the last few years there has been an increase in pressure in the medical profession. Many people do not have medical insurance to pay their medical bills and this has resulted in medical offices having less money for hiring employees. Because of this, many doctor’s offices have started using third-party electronic medical billers to help improve their cash flow.

Other offices are purchasing electronic medical billing software so they can upgrade their own billing system. Being fully automated helps to cut down on office personnel and is more efficient than the former billing practices. The medical billing software comes with options such as printing the bill with late charges or just showing the number of days the bill is late. There are several software companies which provide billing software; you just need to know what features you need to fulfill your office requirements.

Sage Software: This company offers a billing software package which can be customized to suit the needs of the company. There is a section provided for address changes or to announce an upcoming event. It also has a feature to provide collection letters or letters reminding someone of their appointment time.

Collaborate MD: This software offers medical billing which uses the Internet for its day to day operations. The small monthly fee is affordable and the company always performs back-ups each day. This insures that you will not lose all of the valuable data which is stored in the system. With the click of the mouse you can view the reports needed to tell you what is going on with your business. This frees up time for the office staff since they do not have to spend hours running reports.

Medical ProClaim: This is a powerful program which is windows based and provides top notch medical claims processing. There is more than one version to choose from including medical practice, anesthesia, and dental. The low price for this software with its extensive features can help the medical practice office save a lot of time and money.

Choice Medical Billing Service: This is an outside medical billing firm that charges a percentage of the paid medical claims. Their goal is to provide a dependable billing service that has a high rate of success. They are not paid unless their clients get paid which can help reduce the costs of repeat billing. They offer a 100% guarantee that you will be satisfied with their service.

No matter what route you choose to take, electronic billing can help speed up the process of billing claims. You can choose software which is installed on your office computer which requires very little input from the staff. This software also compiles the reports needed for accounting so your staff has more time to perform other duties. This software is usually fairly inexpensive and provides updated versions for a nominal fee.

By choosing an outside firm or individual to do your billing you will be able to employee less staff and cut the costs of everyday operations. By having fewer employees you will not have to pay the salary or the benefits which are associated with each employee.

Kelly Hunter writes for http://www.electronic-medical-billing-guide.com for Electronic Medical Billing and has several years experience in research and writing.

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