Through these past couple decades the digital space has sunk its teeth into every business and practice imaginable. Various software and tools aid in streamlining the administrative duties of most practitioners and eliminating human-errors. It’s no secret that majority of medical billing is done through electronic claims processing deeming paper billing redundant but some claims …
For medical businesses, financial management is the key. We at Bikham feel the efficiency of a practice is only as good as its revenue management system. Many physicians all across the United States still manage their billing with the help of an in-house team, worse yet, they do it themselves. While in-house billing is simply …
Unless you are actually in the collection business, there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought. However, when those receivables stop flowing into your bank account, all of a …
All small practices, hospitals, and bigger healthcare systems are known for treating patients and saving lives. Also, every healthcare practice or organization needs to create successful procedures and policies for staying financially healthy. Here, the healthcare revenue cycle management plays an important role to simplify administration for medical institutions, especially for hospitals. It helps to …
“Hire a Reliable Revenue Cycle Management Flow Chart Services”
Accounts Receivable Management in Medical Billing is referred as a dedicated procedure where an undesirable account aging along with intensifying number of Accounts Receivable days and denials are controlled and managed. AR involves the management of many reports related to collection analysis, insurance, write-offs, ratio analysis, and bad debt reviews. As per current trends of …
“Role of Accounts Receivable Management in Medical Billing for Claim Reimbursement!”
When you give your DME billing in Bikham’s hands, be prepared for Reduced DSO by managing timely AR & Denials Accurate Billing by trained staff A compliance check of all Rentals & Purchases per Medicare LCDs & other Commercial Payers Structured AR & Denial Management. Try Bikham’s DME Billing services!!!
Emergency Room Billing is a real challenge for physicians and healthcare firms. It includes the processing of claims for various medical procedures performed by a physician to the insurance companies. Any minor error in medical bills and insurance claims will lead to the denial of claims that could critically affect the cash flow of a …
“Emergency Medicine Billing and Payment Collection Services”