Medical billing is the process of submitting patient diagnosis and treatment information to an insurance payer for reimbursement. Internet medical billing provides many advantages.
Efficiency of Claims Processing
Previously, medical claims were either faxed or mailed to insurance payers. With Internet medical billing, insurance claims are submitted electronically over the Internet which makes the process more efficient.
Faster Payment
Medical claims submitted via mail may take several weeks for reimbursement payments to be processed. With Internet medical billing, claims that are submitted online are often paid within days.
Ability to Share Information
Health care providers may have several office locations. Internet medical billing makes it possible for office staff to access billing information online for any location
Easy Installation and Updates
Medical billing is done via specialized software programs. With Internet medical billing, software installation and updates can be done online when the office is closed so it does not affect normal business.
Decreased Costs
Internet medical billing significantly decreases costs by reducing paper needed for mailing medical claims and staff time spent preparing physical mailings. Additionally, medical offices no longer need to buy a server or specific computer hardware because Internet billing is accessed online.
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