Navigation Links
Electronic Merchant Systems Modernize Medical Billing
Date:2/28/2010

The new medical billing process provides patients with additional payment options while reducing administrative and billing costs.

Alexandria, VA (PRWEB) February 28, 2010 -- The average medical office has over 25% of their invoices beyond 60 days. Medical billing problems continue to plague administrators when copayments and reimbursements do not match projections. Doctors and medical administrators are trapped between creating billing statements or simply writing off their fees with either choice resulting in a loss. Consider what transpires when a small bill is sent to a patient who underpaid a coinsurance payment by five dollars. The medical billing staff must first generate a billing statement, address an envelope, then and add postage. If the bill is not returned with a payment the costs continue to increase and the billing staff will be forced to telephone or invoice again. Thought the medical billing process small costs quickly add up to deprive revenue from services which have already been provided. The medical billing procedure outlined below streamlines the medical billing and payment processes.

1. Place signage in several locations that states: “Payment is required at the time of service”

2. "Accept all credit cards Visa, MasterCard, American Express, and Discover."

If service or billing equipment is needed, Electronic Merchant Systems provides free equipment to medical offices. http://www.elect-mer.com/video-free-credit-card-terminal.php

3. Use medical billing forms capable of collecting credit card information, allowing office administrators to correct for under billing.

Free medical billing forms can be found at Electronic Merchant Systems. http://www.elect-mer.com/medical-billing-form.php

4. Avoid making exceptions to the billing policy.

Additional payment options will significantly increase the probability of immediate payment and will reduce administrative and billing costs. Processing a $10 copayment costs less than a postage stamp! Elective procedures are on the rise and patients are paying more of their own expenses. When medical offices accept credit cards, patients can use this opportunity to pay outstanding bills and also schedule follow up appointments at the same time.

About:
Electronic Merchant Systems sets the benchmark for quality, providing first class customer service for over 20 years. Electronic Merchant Systems medical focus assists: dental, veterinary, chiropractic, optometry, and other medical offices with the tools needed to integrate the billing co-pays, reduce receivables, and improve the patient experience. “Check verification, check guarantee and remote check deposit programs provide multiple levels of check processing services to insure timely credit of funds to your business account, optimizing cash your flow.”

Electronic Merchant Systems
www.elect-mer.com
703-379-1500

###

Read the full story at http://www.prweb.com/releases/medical/billing/prweb3662154.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved

Related medicine news :

1. More proof needed of safety and quality of electronic personal health records
2. Glades General Hospital First in Palm Beach County to Provide On-Site Electronic Birth Registration
3. The ScottCare Corporation Completes Acquisition of Rozinn Electronics, a Leading Manufacturer of Cardiac Diagnostic Products
4. Keane Wins $1 Million Electronic Medical Record (EMR) Implementation at New Jersey-Based Acute Care Facility
5. West Penn Allegheny Health System Selects Electronic Health Record From Allscripts
6. Sandia National Laboratories Selects Allscripts Electronic Health Record and Practice Management for Employee Health Center
7. Kaiser Permanente Named Green Electronics Champion by EPA, Green Electronics Council
8. The Cardiovascular Multimedia Network (CVMD) and the International Society of Endovascular Specialists (ISES) Join Forces to Educate Practitioners Worldwide Through Electronic Media
9. Texas Childrens Hospital Selects Hyland Softwares OnBase to Complete Electronic Medical Records Initiative
10. Lakeside Systems Selects Allscripts Electronic Health Record for 100 Physicians
11. Herley Industries, Inc. Receives a $5 Million Award from EDO for Electronic Components for IEDs
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2016)... ... 2016 , ... Trinity Health today launched its inaugural Innovation ... at improving care and reducing readmission rates for patients who are dually eligible ... is to drive innovation that transforms our ministry and our industry to be ...
(Date:5/4/2016)... SCOTTSDALE, AZ (PRWEB) , ... May 04, 2016 ... ... 2016 Annual Technology & Business Conference. The conference opened on Tuesday with Frank ... panel discussion on NCPDP’s PDMP Solution provided a deep dive on NCPDP’s model ...
(Date:5/4/2016)... ... 04, 2016 , ... Level 10 Head Over Heels Athletic Arts’ gymnast Alessandra ... of Arizona for the fall of 2019. , After a handful of college ... the GymCats came from her connection with the coaching staff and the excitement surrounding ...
(Date:5/4/2016)... ... May 04, 2016 , ... IsoComforter, Inc., one of ... the innovative newly improved Iso-Hip Wrap. The newly designed hip wrap has ... comfort and enables the patient to enjoy the benefits of cold therapy while ...
(Date:5/4/2016)... ... May 04, 2016 , ... Nike Rugby Camp's success is ... San Diego. Willis, founder of Elite Rugby Camps and current Nike Camp director, has ... year since 2009. , “I’m excited for our eighth summer here in San ...
Breaking Medicine News(10 mins):
(Date:5/3/2016)... May 3, 2016 BioNovus Innovations LLC ... for Advancing Medical Innovation (IAMI) today announced a ... diagnostics and medical devices. An agreement ... rights to license, develop and commercialize medical innovations ... "This partnership represents a significant advance in ...
(Date:5/3/2016)... , May 3, 2016  Axiogenesis has acquired a major investment from Sino-German High-Tech Fund to further expand ... Photo - http://photos.prnewswire.com/prnh/20160503/362921 ... ... ... ...
(Date:5/3/2016)... , May 3, 2016 ACME ... Jack Whelan and Delaware County Councilman ... HCI) Nasal Spray in all ACME pharmacies ... Centers for Disease Control and Prevention (CDC), naloxone has saved 26,463 ... police officers in Delaware County were authorized ...
Breaking Medicine Technology: