If you’re like most eyecare practices, you’re up to your ears in claim filing work, so it seems like there’s no time to take on anything “extra”. Unfortunately, a lot of practices treat their electronic billing reports as something extra when it isn’t. In fact, we think it’s one of the most important parts of the billing cycle. That’s right, PART of the billing cycle.
You wouldn’t ignore any other step in the billing process, would you? If you did, you would pretty much guarantee claim rejections. But while ignoring reporting doesn’t cause rejections on the claims it details, it could cause you to miss something that will result in future rejections or underpayments. Now do we have your attention?!?
Your clearinghouse solution should be generating these reports for you and all you have to do is open them and read them. (You don’t have to compile anything yourself!) And, the reports hold all sorts of juicy information about your claims, like:
- How many claims were filed
- How many claims were paid
- How many claims are delayed
- How many claims have been rejected
- Reasons for delays
- Reasons for rejections
- and much more….
Those last two are key! When you look at your reports, you’ll quickly be able to identify the reasons that claims are rejected, which means you can correct it! You may be surprised how many practices keep resubmitting claims, over and over, with the same mistake that caused the rejections in the first place. They would have known what to change if they would have just read the electronic billing reports!
We are on a mission to help eyecare practices think of the reports as a part of the billing cycle, not just a summary of it. It’s crucial and can help you get paid, and that’s what we’re all about!
Are you reading your electronic billing reports regularly? What advice do you have for anyone that isn’t paying attention to these reports?
Reprinted with permission from the Visionweb Blog