Accurate capture of patient details is perhaps one of the most under-rated processes in the revenue cycle process chain. Not only does the data captured in the demographic entry process form the base for the medical record, but it also affects insurance claims payment. Error-free capture of patient information is essential for clean claim submission and facilitates quick claims processing by Payers.
The front-office at the place of service should accurately capture the patient information, either via paper-based registration processes or via the scheduling system. Accurate information about the patient is critical to ascertain the patient’s eligibility and benefits, obtaining prior authorization, and error-free claims filing. Additionally, population health analytics is possible only by utilizing accurate patient information.
At Medical Billing Wholesalers, we have trained our team of revenue cycle professionals to validate all information available in the face-sheets. Our team contacts the provider’s office or the medical billing company if any information is incomplete or erroneous in case of any discrepancies. Our team members enter the validated data on the client’s practice management software with a high degree of accuracy and within a turnaround time of 24-48 hours. We review and update the following information on the practice management system:
Demographics information
Healthcare Insurance Information
Medical Information
Payment information
Inaccurate capture of the Patient information could result in:
Did you know that medical practices bleed as much as 7% of their annual revenue due to errors in patient demographics capture?
Accurate Entry of patient information results in timely reimbursements and reduces the days in A/R, besides reducing rework. Our Patient Registration team receives training to spot errors in the Patient Registration process and work collaboratively with you and your practice clients to:
Save over 40% in operational costs
Improve Productivity and Accuracy
Reduce Claim Denials, Improved Clean Claim Submission
Account Management and Collaboration
Software proficiency
Medical Coding and Charge Entry
Simplifying medical billing for health care providers and allowing you to focus on providing quality patient care.