ecare India Blog

Administrative costs account for over 25% of the total expenditures of healthcare clinics and hospitals. A large portion of this goes to paperwork involved with billing, coding, records, and insurance. Each patient visit adds to the already voluminous paperwork healthcare providers have to deal with on a daily basis. What’s more is these medical facilities are obligated to maintain all these records for at least 10 years after any patient’s final visit. With the amount of information that practitioners have to manage, how do you ensure your own practice’s reliability, accuracy, and efficiency in keeping patient records?

Continue reading “Rectify Your Patients’ Health Information with Document Management System”

Here’s a fact: hundreds of millions of claims are denied by insurance companies in the US every year, amounting to billions of dollars. If you don’t have an efficient medical billing claims system, just imagine how much money your medical institution or healthcare organization is losing. Perhaps it’s time to review those rejected claims, get paid for them, and ensure that rejections are avoided in the future.

Continue reading “Important Steps When Processing Medical Billing Claims”

Medical billing can be an extremely complicated process. This is why many healthcare institutions and providers hire an offshore company to handle their medical billing, in efforts to improve their accounts receivables and cash flow. There are some very reliable medical billing companies in India. The best ones have over 16 years of experience. They are ISO-certified, SSAE16-certified, are certified members of the HBMA (Healthcare Business Management Association), and comply with all applicable regulations (such as the latest HIPAA rules). They provide end to end medical billing services, including denial management, coding services, medical records indexing, insurance eligibility verification, and other services like Physician Credentialing, data conversion etc.

Continue reading “Tricks in Medical Billing to Improve Your Accounts Receivable”

For most hospitals, clinics, and private practices, the answer to this question is a resounding yes. If you take a closer look at your accounts receivable management, you will likely find that ignored insurance claims are the reason for slow cash flow. And you are not alone. Over 200 million insurance claims are denied every year in the US—and many of those denied claims are no longer followed up, leading to loss in income. Like many other billing companies yours is probably losing a huge amount of reimbursement because of underpaid, unpaid, or delayed insurance claims. Denials are usually caused by coding errors, and unattended claims remain ignored for years because of irregular (or non-existent) follow up efforts.

Continue reading “Is Ignorance in the AR Management Eating Up Your Medical Billing Collection?”