Top Features to Look for in a Billing Service Provider

Medical practice needs strong medical billing processes to stay financially healthy especially in today’s challenging environment, where 69% of respondents to a recent Medical Group Management Association (MGMA) Stat poll reported increased overhead expenses over the previous.

Managing medical billing is a challenge in today’s financial and regulatory environment. It requires practices to keep up with ever-changing payer and regulatory.

Feature #1: Streamlines and Simplifies Your Medical Billing.

1. Eligibility verification

   Eligibility verification—by electronically checking insurance eligibility and patient copays Creation of superbills—by electronically pulling required data from EHR chart notes.

   This also means finding a vendor that will simplify and expedite the many steps in the medical billing process, either by taking over or automating those steps.

2. Creation of superbills

   One of the most critical features to look for when evaluating Billing Services options is a vendor that will streamline and simplify your medical billing process. Look for vendors that will collaborate with your practice to handle medical billing processes from start to finish.

3. Stays Up-To-Date

   You will also want to ensure your vendor will keep abreast of evolving government and payer.