7 Step AR Recovery Process:

This plans takes for granted that you have adequate staff and sufficient practice management software. If you do not have these things we recommend that you contact the experts at Physicians World Online for a free consultation. info@physicianworldonline.com

1. VERIFY PATIENT INSURANCE ELIGIBILITY( this and accurate demographics are a must for collecting Insurance and Patient AR)

2. Evaluate Insurance Contracts to ensure they adhere to current CPT guidelines.

3. Adjust your charges with a consistent formula based on a percentage of Medicare.(This allows for an accurate gross and net collection percentage)

4. Scrub your claim and use a coder with knowledge of your specialty to ensure proper modifiers and diagnosis codes are appended.

5. Submit claim electronically to decrease the payment cycle of claim.

6. Do not wait to receive something in the mail, call when the claim is older than the contract allows.(Medicare 20 days, BCBS and other commercial carriers is usually 30 days)

7. BE PERSISTENT and don’t let them get away without paying you. Call and send documentation if required. Make sure to write down patterns with denied claims and send supporting documentation with original claim if needed.

Primary Care Medical Billing is proud to officially endorse Physicians World Online as their billing service of choice. With their experience in practice management and hospital administration, they are able to effectively combine technology and medical billing to deliver a results oriented service option that increases revenue and reduces headaches. With their billing service they provide electronic medical records and practice management software through AdvancedMD or Eclipsys. 

Their software and service option in our opinion is the best option for both small and large practices nationwide. Their fees range from 4-8 percent of monthly collections and are dependent upon the scope of project and size of client. For most clients they even develop a custom website as part of their package.

To learn more and set up a demo contact them at billing@pwomail.com or call them at 800-406-4796(4PWO).

Click Here now to call and speak with a specialist at Physicians World Online.