electronic medical billing electronic medical billing software
Welcome
The Opportunity
Business Potential
Software
Training
Marketing
Support
Programs & Pricing
Clearinghouse
Q & A
Success Stories
Industry Links
Why Invest With Us
Contact Us
Electronic Medical Billing | Market Opportunities

electronic medical billing business

Opportunity In The News Challenges Why Electronic? Your Market
Electronic Medical Billing  
Doctors Need to File Electronically
for the Following Reasons

electronic medical billing 1. Electronic Medical Billing is a Sound Business Decision:

It’s a fact that filing electronically helps a doctor’s office to improve cash flow and reduce receivables. Through your electronic medical billing software, insurance company payments are received in as little as 7 to 20 days and not the average 60 - 77 days. Equally important, the cost per claim to the doctor is lower. It is estimated that each paper claim costs a provider from $8 to $12 in direct expenses. With electronic medical billing, this cost is cut to less than $4. Your ClaimTek professional presentation materials include software that literally demonstrates and proves this cost analysis to doctors. You will be able to show doctors, with color graphics and comparison charts and tables, just how much money they can save by converting to electronic medical billing through your professional services. 

2. Electronic Medical Billing Drastically Improves Claims Accuracy:

Notification of potential errors on claims takes just a few minutes and subsequently, lowers the rate of actual errors on claims from 30% to less than 1%. Notification is made to the billing center within minutes, so corrections can be made and claims can be reprocessed immediately.

electronic medical billing 3. Electronic Medical Billing is a Guaranteed Delivery System:

Because there is no viable tracking system for “snail mail,” about 15% of paper claims are “lost in the mail.” In contrast, electronic claims are documented and can be easily tracked through electronic tracers and clearinghouse reports. ClaimTek's professional electronic medical billing software keeps track of processed claims.

4. Electronic Medical Billing Results in the Reduction of Administrative Costs for the Practice:

Electronic medical billing eliminate the high costs associated with processing paper claims, including the related stationery, postage, printing, sorting and mailing. Through our electronic medical billing software you can help eliminate paperwork and office paper clutter. It was estimated that each paper claim generates 7 to 10 forms. Creating a fully automated, paperless environment is the trend of the future. Higher office administrative efficiency allows physicians and staff to be far more productive and satisfied because they can do what they do best: attend to their patients' healthcare needs.

 Site Map
 Industry
 Downloads
 Tell a Friend
electronic medical billing
Copyright © 1996-2007, ClaimTek Systems. All Rights Reserved.
Contents of this Website are protected under the copyright laws of the United States.