Medical billing is an important component of practices, ensuring smooth operation and management of your revenue cycle. Proper medical billing codes and all necessary supporting information are necessary to accurately charge health insurance providers and ensure accurate reimbursements.
Sometimes the healthcare provider doesn’t supply sufficient information about the performed procedure for billing coders. Resolving such issues requires requests for information (RFI) to which Physicians must respond. This process takes valuable time away from continued patient care. Furthermore, lacking certain information can substantially reduce payments by insurance companies, which ultimately increase the overall cost of healthcare.
Expeed has solutions that use artificial intelligence to reduce your practice’s insurance payment challenges, leading to more accurate, timely billing and payment.