Outsourcing Medical Billing Service- What are the Benefits

Outsourcing services is the latest trend that is gaining popularity with most industries. Even healthcare industry is not left untouched. Healthcare is one field that requires massive paperwork, including in-house medical billing. On the other hand, various health care facilities need to keep themselves updated about the constant alterations in the billing codes system. However, now most of the modern healthcare facilities choose to outsource their medical billing service. This not only allows them to stay free from the burden of handling such tedious billing job but also ensure enhanced collections of the healthcare facilities in a significant manner as well by bringing down the number of denied claims.

Read on to find out some benefits that healthcare facility can reap by outsourcing its medical billing process

• Cost saving definitely tops the list of benefits of outsourcing medical billing as healthcare facilities do not need to spend money it would otherwise spend on hiring the staff, paying their salary and insurance or even purchasing, upgrading and maintaining the systems that need to be used for medical billing services.
• Efficiency is the next benefit that comes with outsourcing of medical billing service. This happens because people performing these processes are experts in the field and are well versed with the latest coding systems and regulations.
• Given the large number of claims that medical billing companies handle, they are able to reduce the turnaround time for clearance of the claims. In addition to this, their up-to date knowledge about the insurance regulations and codes reduces number of rejected or denied claims by a significant margin.
• The companies to whom medical billing service is outsourced are usually paid a percentage of the total amount collected by them. This motivates them to increase the collections of the health care facility.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of providing a wide range of medical billing service. For more information on the services offered by them you can logon to their website www.activemds.com.

Electronic Medical Records – Freedom from Record Keeping Hassles

Now a days with huge scientific and technical development, world has become a busy place. Due to increased competency, work load in every sector has increased many folds. This increase in the workload has led to increase in the stress in the healthcare sector as well. Taking care of medical records of huge number of patients is one of the most tedious tasks for healthcare professionals. Medical record keeping is a multi-faceted procedure that includes patient registration, recording of medical history, organized documentation of diagnostic studies to enable judicious accessibility of all the patient data for the healthcare purposes. The process consumes a lot of time and effort. But with the introduction of electronic medical records, popularly known as EMR, all the problems pertaining to patient records have been eased off.

EMR is the computerized form of medical records. It is a unique way in which all the patient data can be stored, read, studied, and manipulated at the ease of physician. Due to its following advantages, it has become very popular :

• EMR enables the easy mobility of medical records. By EMR, medical records can be accessed by the authorized person from almost anywhere.

• EMR is the best way to cut on the costs incurred on transportation and postage of data, salaries of healthcare professionals, stationery charges, and technological costs. By inculcating EMR in your system, you save the money and time spent on creation, gathering, and management of medical records. In order to avail a errorless and secure product, you have to pay a very reasonable fee.

• EMR assures you of a better quality product with huge reduction in the chances of making errors. It is handled by professionals who are proficient and adequately trained for the job.

Healthcare professionals can hugely benefit from outsourcing EMR services. Besides being a quicker and cost-effective procedure, it is a sure shot solution to all the worries related to electronic medical records.

Active Management is one of the well-known consulting companies offering world class Electronic medical records maintaining services. For more information about them and various services offered by them you can logon to their website www.activemds.com

Revolutionizing Medical Data Maintenance with Electronic Medical Records

Only a few years ago, doctors were burdened with the tedious task of maintaining a medical file for every patient with their prescription, test report and various other medical records. Each time the patient came with a new ailment, the doctor was required to manually refer to such files prior to staring the diagnosis. Thankfully, with technological advancements, electronic medical records have made it extremely for medical professionals to maintain medical history of patients. Now, reading, sharing and discussing a patient’s condition is possible with just a few clicks of a mouse!

The ever evolving healthcare needs have made electronic medical recordsan indispensable part of the modern healthcare system. However, like all other innovative technologies, this system has also had its own share of criticism and negative publicity. This opposition can be mainly attributed to the restricted knowledge that people have about this system. Add to this the rumors and misinformation spread by sources that stand to benefit from the failure of the system. Only when one experiences the process can one understand how maintaining health records electronically makes things easier for the entire network of health care systems and facilities.

This innovative system makes it easy to access information to the vast network of physicians, who can then use the information to help some of their own patients. If patients want to keep their health information private, then they can be given a unique Id code displaying only the symptoms and the suggested diagnosis and treatments to the referring medical practitioners.

However, in order to extract maximum benefits from electronic medical records it is imperative for the system to work efficiently as per the specific needs of the user. For, this to happen, doctors and other medical professionals should get a clear understanding of the various benefits offered by the system to adopt the software with an open mind.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of electronic medical records keeping. For more information on the services offered by them you can logon to their website www.activemds.com.

Electronic Medical Records - Providing Efficient Healthcare

Computers have revolutionalised the way every industry works now. Even medical care facilities are not left untouched and have benefitted tremendously by the advances in technology. However, the unavailability of complete medical records of the patients still pose a major hurdle in the smooth and hassle free treatment of patients. This problem can be sorted out if all health care professionals and facilities were to start maintaining electronic medical records.

To achieve total computerization of health care services is it pertinent that every health care facility should start maintaining medical records electronically. This step will also ensure the provision of better health care services to patients. Paperless technology will help medical practitioners in taking quick and efficient decisions in case of medical operations, and in providing high quality and inexpensive medical care facilities to people from all walks of life. It will allow doctors to view medical test reports and analysis at a click of a button, thus saving lot of precious time. This will enable them to start the treatment without having to wait for the reports to be delivered to them.

When medical records are maintained electronically, then it allows medical facilities to not only efficiently manage patients’ documents for an infinitely long time but also enable easy and timely up gradation. It also makes it easy for doctors to share information as well as case histories over the internet in real time. They are able to view the past medical history of a patient for efficient decisions instead of having to rely on faded medical documents recorded on paper.
Last but not the least, withelectronic medical records there are no chances of losing patients’ records because of theft, fire or natural calamities. Their storage is also not an issue as a single disk can hold vast amounts of data for decades.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of maintenance of electronic medical records. For more information on the services offered by them you can logon to their website www.activemds.com.

The Significance Of Electronic Medical Records In Providing Efficient Healthcare

In the modern times, computers have changed the way of working in every field and industry. This is especially true for medical care facilities as the tremendous advances in technology and the use of latest computerized treatment strategies have helped save millions of lives. However, medical professionals still face some major issues during the treatment of patients, mainly due to the unavailability of complete medical records of the patients. To overcome this problem, it is vital that all health care professionals and facilities start maintaining electronic medical records.

Maintaining medical records electronically, will not only help in the total computerization of health care services, but will also ensure the provision of better health care services to patients. This paperless technology can go a long way in helping medical practitioners to enhance their efficiency in medical operations, decision support systems, and providing high quality and inexpensive medical care facilities to people from all walks of life. The system also helps in saving valuable time as medical test reports and analysis can be viewed by the doctors immediately, which can help them in starting the treatment without having to wait for the reports to be delivered to them.

The efficient management of patients’ documents for an infinitely long time as well as their easy and timely updation is the key attraction of maintaining medical records electronically. Additionally, doctors can share information as well as case histories over the internet in real time and also view the past medical history of a patient without making any guesses which is often the case with old medical records as they tend to fade with time. What’s more, maintaining electronic medical records reduces the risks of losing patients’ records because of theft, fire or natural calamities. Their storage is also not an issue as a single disk can hold vast amounts of data for decades.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of maintenance of electronic medical records . For more information on the services offered by them you can logon to their website www.activemds.com.

Advantages Of Electronic Medical Records Systems

Storing data and information safely is not a difficult task anymore with the coming of the digital age. Now, one can safely store away any amount of data using digital technology. Although initiated some 40 years back, the concept of electronic medical records has only recently gained importance as a way of storing the medical records of a patient by medical facilities. The system has made life easy for medical practitioners through many advantages offered by it. Read on to get an insight as to how this system is better than the traditional method of storing medical records on paper.

1. Storing medical records electronically helps to do away with the errors associated with manually recorded paper records. Electronic records are not only more accurate and correctly spelled but are also free from the problem of illegibility and use of differing terminologies.

2. Over a period of time paper records can get lost, destroyed or can even fade away. On the other hand, electronic medical records help in maintaining even the minutest details about patients’ health for decades together, something which is almost impossible with paper records.

3. Maintenance is another issue faced with medical records stored on paper. They require lot of storage space and also make it difficult to shift bulk records from one place to another. Electronic medical records make it possible to record bulk medical records on a small disk. This allows the doctor to easily upload the data on the internet as well to carry it around without much inconvenience and hassle.

4. The most important benefit of maintaining electronic records is that it can help save lives as doctors can refer to similar cases instantly and look for possible treatments that can be started immediately. In case of paper records, much precious time would be wasted in finding a similar case, let only seeking treatment advice.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of electronic medical records keeping. For more information on the services offered by them you can logon to their website www.activemds.com.

Medical Billing Services – The Necessity of Current Healthcare

Today’s healthcare industry has leaped to a more proficient level. Billing and collection functions in the healthcare industry keep the professionals tied up. It has become a really cumbersome task to keep a track of innumerable insurance billing codes, handling problematic claims and bills. Dealing with complicated billing forms and insurance policy procedures requires constant effort and consumes plenty of time. In order to seek assistance in medical billing needs, outsourcing medical billing services is the right way out. More and more healthcare professionals are opting for outsourcing medical billing because of its following advantages:

• It is a clear-cut answer to the time consuming in-house billing process. It vastly reduces the time and effort spent on claims procurement. Outsourcing your medical billing department will cut on the costs incurred on staff salaries, insurance, and training.

• The outsourcing vendors have a professional and proficient staff employed who are well informed on latest updates on insurance codes and standards. Their performance is outstanding as compared to any in-house medical billing staff.

• Besides cutting on the costs of staff related expenditure, they hugely bring down the money spent on transportation and postage.

• The need to buy costly computer hardware and billing software is also eradicated.

• They provide faster and more efficient services by providing timely reimbursements and prompt submission of claims.

Employing a professional, committed, and experienced medical billing service provider will help you deal with your billing processes efficiently and effectively. It is however important to consider background, size, structure, and methods of providers before zeroing on any one of them. By going through feedback over performance and customer service of a provider one can gauge the relative accountability and efficiency. Employing a medical billing service provider will hugely bring down the amount of your valuable time and money spent on tedious billing and coding functions.

Active Management is one of the well-known consulting companies offering world class medical billing services. For more information about them and various services offered by them you can logon to their website www.activemds.com

Selecting The Right Medical Billing Service Provider

Practicing medicine is very challenging in today’s healthcare set-up. Many doctors complain that the hardest part of working in medicine is actually getting paid on time by insurance companies. Timely reimbursements require an effective medical billing structure. With increasing competency in the healthcare sector, keeping a track of insurance billing codes, rejected claims, uncollected bills, management of cash-flow healthcare professionals are frustrated to no end. In order to get rid from all billing related problems, outsourcing medical billing services is the perfect solution. It will not only lower your costs but also will improve your collections.

A good medical billing service provider aims at improving the efficiency of your billing system by reducing the number of denials and boosting reimbursements. Outsourcing your medical billing will help you cut down on operational costs and the time spent on performing billing related functions. But in order to find a reliable service provider, one should keep a note of the following things:

• You should check for the provider’s commitment to regulatory compliance. You should assess them on the basis of checking on the compliance policies and procedures used by their staff.

• Before selecting the provider, you should consider the number of employees who will support your account, their credentials, experience, and specialties.

• You should ask the service provider about the use of IT resources and billing software’s. You can further ask about the frequency of updates. You must assess their technology solutions and automated systems for conformance with the quality standards.

• You should check for service provider’s dedication to maintain customer service standards. The professional providers always have customer service guidelines published for their staff to follow.

A medical billing service provider interacts directly with your patients. So, choosing the right one based on the above criteria will help you find the right billing partner for your service.

Active Management is one of the well-known consulting companies offering world class medical billing service. For more information about them and various services offered by them you can logon to their website www.activemds.com

Importance of Outsourcing Medical Billing Services

Healthcare professionals now a day are facing challenges to strike a balance between efficient health care and increasing operational costs. Medical billing is an important aspect of patient care. Increasing insurance regulations, complex coding, declining reimbursement, and increasing operational costs collectively make medical billing very cumbersome. But now, outsourcing medical billing services is the perfect solution to achieve the objective of efficient medical billing system. By outsourcing these services, medical experts can reduce their workload and maximize their effectiveness in patient care. It is the most affordable and convenient way for healthcare sector to get rid of complicated medical billing problems.

The medical billing service providers help their clients by handling services like insurance verification, recording of patient charges, insurance collections, tackling insurance appeals on unpaid/improperly paid services, claim submission, and payment posting. They customize their processes in such a way to that their individual client’s needs are met. They combine various strategies to deliver quality results to their clients. These providers keep a track of any change in insurance company’s regulations and update their clients to fetch a better package. They help in providing their clients a complete set of compensation solutions by delivering proper claims. These providers employ the staff which is knowledgeable, experienced, and have in-depth understanding of latest technologies and functions in the area of medical billing. Outsourcing your medical billing will not only help you cut on operational costs but also will provide you with better administration.

These services providers offer you live access of your database by secure internet connection. They generate monthly status reports to help manage the cash-flow better. Now a day, one can outsource medical billing regardless of the size of the facility. If you feel that you are spending more time on practice management than patient care, outsourcing medical billing services is the best choice.

Active Management is one of the well-known consulting companies offering world class medical billing services. For more information about them and various services offered by them you can logon to their website www.activemds.com

Medical Billing Service – The Need of Contemporary Healthcare

The most important aspect in the healthcare industry is to take care of patients. This multi-faceted procedure of patient care involves various aspects, medical billing and coding is one of them. It is very vital to have proper documentation of patient data pertaining to patient registration, verifying insurance policies, and updating of patients’ accounts. In order to ensure smooth running of healthcare process, it is important to have an efficient medical billing structure. By means of an effective medical billing physicians are able to access and gain control over the vital patient information conveniently saving much of their valuable time and effort. Now by employing a competent medical billing service provider, one can hugely cut down on the costs of in-house medical billing. These providers are helpful in providing following services:

• Registration of patient and documentation of charges

• Processing insurance claims and dealing with delayed claims and related problems.

• Generating status reports outlining payments and claims.

• Insurance collection, authentication, and collection of claims.

• Providing regular statements and bills.

By employing EMR providers, healthcare professionals can get freedom from the hassles of medical billing and can rightly focus on the well-being of patients. These services are designed to fit a variety of medical specialties. Not only it will take away the billing related trouble but will also help your organization generate more revenues by proper claim processing. By reducing the downtime and rejected claims, it helps in regulating a better cash flow and efficient billing.

In order to select a service provider, one should be oblivious about keeping in mind the experience of the provider. Secrecy of patient data is of utmost important so you should ensure that the provider you opt for is 100% HIPAA compliant. Having a professional and competent medical billing service provider by your side will ensure expansion in your patient base with enabling you denote more quality time towards patient care.

Active Management is one of the well-known consulting companies offering world class medical billing service. For more information about them and various services offered by them you can logon to their website www.activemds.com

Electronic Medical Records – Keeping Pace with New Age Healthcare

In today’s Internet era, the way we view, edit, and exchange documents has changed to a new advanced level. This has also led to emergence of electronic Medical Records (EMR) in the field of healthcare. Earlier, there was no other option for healthcare professionals than to maintain paper based records. These required a lot of time, effort, and space. But now computer based EMR are increasingly replacing the paper based medical records as they are come with many advantages. The basic benefit provided by EMR is helping the providers with instant availability of data round the clock. They are vastly helpful in reducing the huge costs incurred on data maintenance, storage, and staff.

In order to draw maximum benefits from the EMR, it is important to choose the provider based on the following criteria:

• While choosing an EMR provider, you should take into account the experience of the provider in the healthcare industry. You should stick to the experienced providers.

• You should be knowledgeable as to how much support a provider offers. Assessing their range of support options ensures you get the needful help for seamless operations. Take your time to select the one that offers the best support and product.

• You should make sure that your provider facilitates easy and quick access to all the patients’ information to you.

• To ensure privacy of your database, adhering to the one with HIPPA compliance is a must.

• It is advisable to visit and explore options of various EMR vendors. You can run an online search, visit the websites, and even take advice from EMR consulting service to support your decision.

Transitioning to a new technology system can be difficult but by selecting the right electronic medical records provider and wise planning, you will be able to increase the efficiency and speed at the office and that too at a very affordable price.

Active Management is one of the well-known consulting companies offering world class electronic Medical Records maintaining services. For more information about them and various services offered by them you can logon to their website www.activemds.com

Medical Billing Services: Solution to All Your Billing Woes

With changing times there has been considerable change in the way professionals work and now there are specialists for everything. Growing scrutiny on part of the government has placed the onus of providing good quality services on the concerned professionals while maintain stringent standards. Medical profession is no exception to this changing trend. In the past doctors were concerned only about taking care of the patients and paid little attention towards maintaining the records and other paperwork. But with time, these matters have gained paramount importance and medics have to shoulder additional burden of taking care that such records are well maintained and error free. The cost of hiring staff for maintaining medical records and medical billing has gone up along with increased stress for the medics. That is where the professional medical billing services come in picture.

There are genuine companies for providing medical billing services to all sorts of medical professionals like physicians, surgeons, etc to spare them hassle of maintaining patient record and other related paperwork. All this is done electronically using latest software and stored in backup files too for safekeeping. The process is completely error free and safe from the any unauthorized person. Also you need not invest in extra staff and space while saving you lots of time and energy. Also the fee charged is very nominal and data remains protected from any damage by natural agents like fire, water, termites, etc.

Companies providing these world class medical billing services maintain the data and also deal with the matters concerning insurance etc. Most patients are covered by insurance and these companies make sure that claims are filed correctly and in given time frame to avoid any loss of revenue. With their systematic work, filing tax returns also become hassle free, correct and timely. These companies help in removing the additional stress on medics and let them concentrate completely on what they do best - treat their patients.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of medical billing services. For more information on the services offered by them you can log on to their website www.activemds.com.

Billing Worries? Medical Billing Services Are The Solution

The standard of living has gone up. And with it has gone up the quality of services provided. Government is all the more concerned and regulating the professional fields to ensure standards are met. Medical profession also has to meet up with these standards. The job of healthcare professionals has become all the more demanding, time and money consuming. This has proved to be a distraction not letting them provide their hundred percent to the patient. To address the woes of these dedicated health professionals some genuine companies have come up with medical billing services to let them concentrate on their practice. These companies take care of all the paperwork, patient records and insurance related issues. The best part is that all this being computerized the process is error free and safe. There is no undue stress on medic now.

To spare the medical professionals from shouldering these additional responsibilities of such huge amount of paperwork some genuine companies have come up with medical billing services for all sorts of medical professionals like physicians, surgeons, physiotherapists and other paramedics. These companies charge a nominal amount for these services and use latest software for the work while maintaining electronic backup files. This not only saves a large amount of money, time, manpower and space but also lets the professionals relax.

These Companies providing medical billing services also take care of all the insurance related issues while maintaining all other data efficiently. The data is safe and can be accessed via password only by the authorized person. Updating is done on regular basis leaving no loopholes. The filing of tax returns, patient record maintenance and related paperwork is done properly. With time you are able to avoid the losses and the revenue starts rising. The best result is you are able to give your best to the patients.

Active Management is a reliable and leading medical billing company with vast experience and expertise in the field of medical billing services. For more information on the services offered by them you can log on to their website www.activemds.com.