The use of electronic health records and highly computerized databases is becoming standard practice in the healthcare industry. Consequently, the demand for medical billing and coding experts is high and is expected to grow by 13% in 2024. Finding the best medical billing specialist can, therefore, be a challenge to most healthcare practices, particularly startups and SMEs. If you’re looking for a medical billing specialist, here are five great qualities you should keep in mind.

Analytic Abilities

A medical billing specialist should be able to understand and analyze patient information as quickly as possible. Analytical skills can help them to accurately review patient details in previous medical records. They may also need to determine which codes to use for each treatment or procedure that was conducted. Analytic skills are also crucial in processing insurance claims and determining medical bills. Without these skills, your billing team may over-bill or under-bill patients, which can have devastating consequences on your practice.

Detail-Oriented

Attention to detail and accuracy are must-have skills when processing and coding medical insurance claims. When reviewing a patient’s records, a medical billing specialist must pay attention to both large and minor details so that they can understand and code each procedure correctly.

Solid Moral Values

A medical billing specialist must have strong moral values. That means they must be professional, ethical and fair. Working in this sector requires employees to keep patient information and records confidential. Medical billing experts with questionable character often fail to observe this regulation and can jeopardize your practice.

Social Skills

On a typical day, a medical billing specialist will communicate with supervisors about a discrepancy, contact nurses and other physicians to clarify issues, or discuss patient information and procedures. Therefore, it’s imperative they’re able to communicate effectively with other professionals so that workflow is smooth.

Tech Savvy

A medical billing specialist must be able to quickly adapt to changing technology. Currently, most healthcare facilities use electronic health records software to record, process and store patient information. Since technology is a must, all employees should be able to use the software effectively.

The demand for medical billing and coding specialists will continue to increase. If you need help, please don’t hesitate to get in touch with Advanced Reimbursement Solutions in Wilmington and Phoenix to consult with one of our experts. Contact us today and book your appointment!

Considering the potential of outsourcing to a medical billing specialist, but not sure what you should be looking for? Make sure you keep your eyes and ears open while researching, and make sure to check with us at Advanced Reimbursement Solutions!

Professionalism

You need your medical billing team to be professional with you and with your patients, or you’re going to run into any number of problems. As such, you need to be certain you can rely on a medical billing specialist to treat your customers as you would treat them, for the sake of your reputation and marketing.

Effective Resources

A medical billing team which can’t adequately track payments, can’t effectively pursue delinquent clients, and generally struggles to keep up with the various tasks involved in medical billing obviously isn’t worth your money. At Advanced Reimbursement Solutions, we know that modern billing requires quite a lot of software, plenty of manpower, and appropriate skill sets for navigating the legal and practical considerations of collections.

Guarantees

It’s impossible for a medical billing firm to make certain guarantees, but we are at least willing and able to make certain basic promises in terms of successful collections, communications, ease of use, etc. We are confident in our services, as we have seen firsthand the benefits that have come from them.

References

A successful medical billing practice shouldn’t have any trouble presenting satisfied customers to use as references. Ideally, references will closely match your own circumstances; a company which excels in collections for one type of medical business may not necessarily be ideal for yours, though such success does indicate a basic level of competence.

Ease of Use

Outsourcing medical billing should work to make life easier for your company, not harder. If you’re constantly fighting incoherent systems, can never get support on the line when you need them, or have to deal with arcane and arbitrary rules to work around your billing service, it’s not worth your money.

Learn More

If you’d like to learn more about how a medical billing specialist at Advanced Reimbursement Solutions can help you, get in touch with us at our office in Wilmington or Phoenix. Contact us today to learn more or to get started!

Most medical professionals are not solely concerned about making money. Their primary goal is to help a sick individual feel better. Their satisfaction comes not from getting a huge paycheck, but instead from seeing people’s health improved. Working as a doctor or other medical professional is a very taxing thing. It requires a lot of you mentally, emotionally, and physically. Fortunately, a medical billing specialist can help.

Although doctors are not focused on the financial aspect of the work that they do, doctors or hospital administrators must be concerned about the financial aspect of things. Without a constant flow of cash, medical facilities are not able to purchase the equipment, medicine, and other supplies that they need to provide patients with high-quality medical care.

Advanced Reimbursement Solutions understands the importance of a seamless payment system. We understand how challenging it can be for doctors or hospital facilities to interact with insurance companies. We also understand how vital that interaction is in ensuring that future patients get the medical care that they need. If doctors are unable to collect their fees, either from their patients or from their insurance companies, they’re going to be less likely to deal with those patients or to deal with that patient’s insurance company. For this reason, Advanced Reimbursement Solutions focuses on helping the medical community maximize the reimbursement they get for the services that they provide.

We are able to accomplish this because we have an extensive knowledge of the healthcare system and the insurance system, and we understand how the reimbursement market works. Part of our success stems from the personalized customer service we provide to each and every one of our clients. Our emphasis is seeing to it that the medical facility or the doctor gets paid.

Since most medical facilities are interacting with insurance companies, Advanced Reimbursement Solutions shines in our ability to interact with insurance companies and follow-up on them. We are able to post insurance payments, as well as the payments made by patients.

At Advanced Reimbursement Solutions, we realize that as a doctor or as a medical facility, you need to have a clear picture of your financial standing with customers. For this reason, when you’re looking for a medical billing specialist, look no further than our team of professionals at Advanced Reimbursement Solutions.

Individuals in the medical community are focused on providing medical care. Advanced Reimbursement Solutions is focused on helping the medical community get the financial compensation that they need in order to continue to provide stellar care to the community.

Are you wondering what a medical billing specialist can do for your practice? Get in touch with us at Advanced Reimbursement Solutions in Wilmington and Phoenix. Contact us today to get started!

All businesses have the need and right to receive timely payments for services rendered. While many companies get paid on the spot, the healthcare industry is another story entirely. Delayed payments can place a considerable amount of financial stress on medical practices of all sizes. Unfortunately, however, many of these entities do not have sufficient manpower on hand for coding and submitting requests for payments on a regular basis. Moreover, most growing practices simply cannot justify the costs of hiring their own full-time, in-house billing specialists. The good news is that there’s an increasing trend in outsourcing these responsibilities, and many practices have hired a third-party medical billing specialist with impressive results. If you are looking for a state-of-the-art medical billing system, look no further than Advanced Reimbursement Solutions!

Regular Coding Errors

It’s one thing for practices to submit their invoices in a timely fashion, and another thing entirely to submit requests for payment that are properly coded and free of all other administrative or accounting errors. If your practice is regularly receiving claim denials or requests for additional information from insurance companies, seeing a medical billing specialist could be the surest way to avoid unnecessary delays like these and expedite your payments.

Dwindling Patient Care

Another sure sign that you need the help of a professional medical billing specialist is a growing inability to meet both the administrative needs of your office and the needs of your clients. Medical billing can be a very intricate and time-consuming process. Rather than having your front office staff devote their energies and time to tackling mounting paperwork, you can have these professionals fully engaged in patient care. This can mean the difference between having relaxed and friendly team members greet and service your incoming clients and having a flustered, frustrated crew that’s unable to take the personable approach to patient care that you want your practice to be known for.

Getting Started

Working with a third-party medical billing specialist will give you access to the accounting and coding expertise that your practice deserves while enabling you to tightly control your overhead costs. At Advanced Reimbursement Solutions, we handle all stages of health insurance claims and are at the ready to assist you in your medical reimbursement needs. We have locations in Wilmington and Phoenix. Contact us today to learn more about how our process can benefit you!