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Solutions For Medical Billing, Inc. uses electronic data interchange (EDI) services.  Filing claims electronically through clearinghouse services has several advantages over filing paper claims

Features

Benefits

  • Shorter payment cycles allow for more accurate revenue forecasts
  • A robust system that allows SMB-Inc to catch and fix errors in minutes rather than days or weeks - resulting in fewer rejected claims
  • Eliminates the need to prepare claims manually repeatedly or re-key transaction data for each payer
  • SMB-Inc submits all claims at once, rather than submitting separately to each individual payer
  • SMB-Inc has one single location to manage all of the electronic claims; sometimes sent to hundreds of insurers
  • Rapid claims processing submitting claims electronically can reduce your reimbursement times to 10-14 days verses 30+ days with paper claims
  • Your staff no longer spends hours per week on the phone inquiring about claim errors
  • You no longer have the expense of paper forms, envelopes and stamps
 

 

health news headlines provided courtesy of Medical News Today.

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