Medical Billing has become the crucial part of revenue management for the medical service provider and hospitals. Millions of dollars are lost annually due to under pricing, coding errors, missed charges and un-reimbursed claims. Thuriams medical billing service enables to eliminate these loses and accurately process the medical billing. Our professional approach and vast expertise will assist in your practice by freeing you with the tedious tasks of billing and follow-up functions, thereby enabling you to concentrate more on medicine and the patients. Thuriams medical billing service incorporates latest technological and software developments and is very user friendly. Medical Billing service is customized to meet individual clients specific requirements.
Medical Billing Experts at Thuriam
At Thuriam our medical billers understand the basic and major medical coverage plans, such as the Fee-for-Service Plans, Health Maintenance Organizations (HMOs), Point-of-Service Plans (POS), and Preferred Provider Organizations (PPOs), and know the different methods of billing patients and understand the medical billing industry and all it's complexities.
Medical Billers at Thuriam are experts with the terminology most often used in a medical office, they have expertise to electronically file claims, and knowledge on the most common types of insurance policies. Medical Billing experts understand database management, spreadsheets , electronic mail, and possess state of the art wordprocessing and accounting skills, proficient in bookkeeping, and able to type at a speed of at least 45 words per minute.
Our Medical Billing experts will explain charges to the patients, and communicate effectively. Medical Billers also have a good working knowledge of medical terminology, anatomy, claims form completion, and coding. Our Medical billing specialists also process responses from the insurance companies which includes the - explanation of benefits (EOB).
Medical Billing Services
Data entry - we obtain information from the provider and/or practice and enter this information into our database.
File claims - most claims are filed electronically and only a few will
go on paper. This is dependant upon the insurance carrier the claims are going to.
Statements - are mailed out from our office on behalf of your practice or facility. The protocols of statements and collections are done specifically to your specifications.
Payments - as we receive payments and explanations of benefits from you, we post these in to our database. Each EOB will be audited for correct payment and/or benefits.
Reports - are done on a monthly basis. Because each provider and/or practice is different, we customize our reports for you.
Fee Schedules - it is vital to have fee schedules with the insurance companies and networks that you participate in, updated on a yearly basis. We request these fee schedules and negotiate the pricing on your behalf. Inflation and cost of living increases on a yearly basis, so should your reimbursement.
Medical billing is a serious business in this day and age of medical practices. Without the proper knowledge of medical billing and reimbursement methodologies, providers and practices will not receive the proper reimbursements, if any reimbursement at all. Thuriam can help to manage your billing process professionally and enhance your revenue generation.
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