The complexities and costs associated with invoice processing are enough to put a strain on any organization, from the high volumes of manual data entry to the time-consuming exceptions processes and lengthy turnaround times.
Medical Bill Processing is the centerpiece of the healthcare revenue cycle, but many providers find it challenging and inefficient, resulting in problems efficiently and accurately billing patients and payers for services. Among the most common medical bill processing issues:
Remittance processing is important, but it’s also a complex — and potentially expensive — part of doing business. However, there is a solution.
Providers struggling with the requirements of secure access to their payers can find a solution in Data Dimensions’ Provider Engagement Portal (powered by Availity).
Explanation of Benefits (EOB) is a crucial step in the payment process, but it’s also one that has many potential pitfalls. Rather than struggle with the costs and complexities of EOB, your organization should consider outsourcing EOB processing to a…
Medical claims adjudication can be an intricate, costly process, and if your organization is struggling with its complexities, outsourcing your adjudication duties could be the solution you’re looking for.
If you’re searching for a way to streamline your organization’s claim and medical bill handling, the solution may lie in changing your workflow.
According to a recent report, the medical bill outsourcing market was valued at $6.3 billion in 2015 and is expected to reach a value of at least $16.9 billion by 2024.
With new legislation, changing corporate structures and ever-shifting benefits models, dealing with health care claims can be a complicated and costly process.
The complexities of dealing with the print & mail needs of your organization mean that outsourcing those duties to a reliable provider is the logical move to make. But which provider should you choose?