Speed Up Your Claim Process Via Electronic or Paper Submissions
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Highlights of our Electronic and Paper Claim Submission
- Pre-audit claim fields automatically for potential errors before submission to a payer
- Detect claim issues and offer claim resolution before processing by a payer
- Electronic claim reduce postage, supplies, and mailing expenditures
- Updated with Medical Coding Requirements
- Improve the practice’s accounts receivable
Electronic vs Paper Claim Submission
Electronic claims have significantly improved the claim submission process and have been shown to provide a number of advantages. Although paper claims are practically outdated, some payers continue to use them. In order to send out paper claims, billers will need to submit claim details in the forms provided by insurance companies, as well as the complete details.
Difference of Electronic and Paper Claims
An “electronic claim” is a paperless patient claim form generated by computer software and transmitted electronically to a health insurer or other third-party payer (payer) for processing and payment, whereas a “paper claim” is a manual claim form that refers to either the CMS-1500 form (formerly HCFA-1500) or a Uniform Billing UB-04 form, both of which are typically sent to the payer through the mail.
How Electronic Claims Work?
Electronic claim processing is done with the use of computers and technology, which decreases the risks of claim errors and enhances accuracy, allowing claims to be processed faster. The best medical billing software with an electronic claim submission option won’t enable medical coders submit bills without filling in all of the required fields. Our team has been trained in the use of the said technology and has the necessary knowledge to process your claims.
How Paper Claims Work?
The manual or paper claim procedure involves a lot of documentation, and billing errors are more likely to occur. When a person fills out a claim, there’s a good risk they’ll misspell names or leave out crucial information, resulting in claim errors. However, we recognize that paper submissions are still unavoidable. As a result, we take steps to make the process easier and faster on our end.
How MedCal Can Help You?
69% of our claim submission are done via electronic claims and 31% of our claims are through manual process. We have the experience and knowledge to do both. We can speed up your claim process by eliminating errors and offer clean claims lead to faster reimbursements and organized workflow either by electronic or manual claim submission.
Run Your Billing for Half the Cost
Are you looking to cut costs to your practice and bring more money in your door but you’re not sure how? Would your practice benefit from having $7,000 a month extra? If your answer is YES to either of these questions, then we are the company for you.