The goal of a robust revenue cycle is prompt collections, which may be the most challenging aspect of your practice's billing process. Your claims will be reimbursed on time if your medical billing claims are scrubbed, evaluated, and processed promptly. This shortens the claim cycle.

There are a few things you need to undertake in order to guarantee that your claims are clear:

• Information – make sure all of your demographic information - name, address, and insurance policy data are completed and correct

• Eligibility – verify copays, deductible, and patient insurance policy effective dates before the patient’s appointment

• Authorizations – make sure that you have received any prior authorizations necessary before a patient is seen

• Medical Coding – ensure that you have applied the correct CPT/IDC code and modifiers

• Documentation – ensure that the documentation for services is clear and concise and supports applied medical codes and modifiers

Claim Submission is essential for healthy cash flow, but it takes a lot of effort and time. By contracting with a business like Westward to handle your revenue cycle management, which includes submitting claims, you may maximise revenue and save money by lowering overhead and raising your clean claim rate.

From eligibility to account receivables and all points in between, Westward handles your billing cycle. This includes filing claims with the clearinghouse and handling any follow-up on rejections. This relieves the workload for you and your employees so that you can concentrate on providing excellent patient care.

To learn how we can assist you with your revenue cycle management, get in touch with Westward right now