Revenue Cycle
Crucial for Practice Financial Success
Experience reliable charge entry in medical billing ensuring accuracy and compliance. Includes precise coding verification, compliance audits, error detection, streamlined processes, expert claims management, and continuous support.
At Velan Healthcare, Our medical Billing Charge Entry Process is structured to ensure thorough checks at every stage. This helps us to maintain a zero-error process, delivering with unparalleled speed and efficiency.
We prioritize the security of sensitive patient and product information. Our security protocols meet industry standards for confidentiality, giving you peace of mind.
Before billing, we conduct an end-to-end review of imported charges. This process ensures that no charges are missed and that all entered figures are accurate and error free.
We are well versed in provider-specific guidelines across various specialties. By adhering to this, we prevent delays and denials, ensuring a smooth billing process.
Our charge entry RCM process follows well-defined steps, starting from organizing document receipts to accurately capturing patient demographics and entering correct billing reference data.
Velan Healthcare has extensive experience with leading medical billing charge entry applications such as pMD Charge Capture, PatientKeeper Charge Capture, SwiftPayMD, and more.
Maintaining the highest quality standards is paramount. We conduct random audits for Statistical Quality Control (SQC) to ensure peak process quality.
Velan Healthcare stands out as a premier leader in Charge Entry Outsourcing Service. Our history of innovation has set industry standards in charge entry process, while our accuracy has made us the benchmark for competitors.
Our precision is the envy of our competitors. With a charge entry error rate of less than 0.01%, we ensure every detail is meticulously handled for optimal results.
HIPAA compliance is not just a goal—it's our foundation. From our very beginning, we have adhered to the strictest HIPAA guidelines, safeguarding patient data with the utmost care.
Our Charge Validation Specialists undergo rigorous training programs with periodic re-testing to maintain the highest standards of proficiency.
How Can Velan Healthcare's Charge Entry / Validation Medical Billing Services, Boost Your Profit and Sustainable Growth?
Gather encounter forms, superbills, charge sheets, scanned documents, and more through fax or other efficient document management systems.
Collect patient demographic details, insurance information, and service-related data.
Verify insurance coverage to confirm patient eligibility for the services rendered.
Thoroughly examine medical and health records to ensure accurate capture and billing of services provided.
Apply procedural and diagnosis codes, along with specialty-appropriate modifiers, to the services rendered.
Enter charges into the medical billing system, including service fees, co-payments, and deductibles.
Double-check all entries for accuracy before submission to the insurance company.
Submit finalized claims to the insurance company for payment processing.
The first phase of a medical billing process is quite crucial: this is the charge input. It involves the accurate capturing and entering of the different charges applicable for all the medical services the patients receive. This involves coding a lot of the clinical assessments, operations, and even the more straightforward items, such as medical equipment, into numbers or letters or a combination of both, such as CPC and ICD-10, and billing for these codes and assessments.
Charge submission is the first data input of the medical services provided, and in this case mentioned above.
This procedure of quality control examines the charge entries, focusing on their validity and their completeness. It assists in the identification and correction of erroneous entries before the claims are submitted, which would decrease the rate of claims being declined and thus increase the revenue stream.
Indeed, without a doubt! Outsourcing charge entry services to a dedicated medical billing firm can help ensure greater efficiency and accuracy.
In fact, accuracy is one of the key priorities when it comes to the medical billing service companies. They perform extensive quality control, including:
Performing regular audits: To discover and correct errors.
Coder certifications: Ensuring Coders Are Informed And Competent
To improve production speed and minimize data entry errors
Ready to Optimize Your Charge Entry in Medical Billing for Maximum Revenue?