How Medical Practices Can Increase Revenue 70% With Best Billing Practices

According to a Smart Health Claims report, medical billing best practices can increase revenue up to 70 percent if used correctly in medical practices.

The report recommends medical practices:

•    Allow visits by appointment only to create a consistent scheduling/billing plan
•    Verify insurance to make sure services will be covered
•    Capture data and measure performance on all relevant employees
•    Collect from patients at the time of service, as the chance of collection decreases by 40 percent when the patient leaves the office
•    Use electronic medical records to automate billing office functions and save on employee charges
•    Send out clean and accurate claims the first time

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