Biller's Advantage provides a measurable return on investment, recapturing lost revenue and significantly reducing rejected claims. With Biller's Advantage, the billing process is greatly simplified where it starts -- at the patient encounter. Studies have shown that the majority of physicians undercharge or don't bill a substantial number of revenue opportunities. When the charge is prepared at a later date, encounter information is often forgotten. Biller's Advantage makes the preparation and submission of charge slip data quick and easy - using standard paper encounter forms that many practices use today.
In a matter of seconds, physicians can complete a charge slip ready for entry into the billing system. Charges can be recorded and saved for batch processing when the patient checks out or at the end of the day. Either way, charge data is transferred straight to the billing system, reducing administration costs as well as possible transcription errors. The time lag between the patient encounter and submission of the claim is greatly reduced.
Biller's Advantage incorporates the local LMRP data, enabling the physician to ensure that each charge meets the medical necessity requirements of their local carrier. All CPT codes are optionally paired with reorded ICD-9 codes specific to the local practice.
Charge-scrubbing functions have traditionally been the domain of expensive PC based billing systems. While errors are found by these desktop systems, it is often days after the physician has submitted the charge. This delay results in many charges going uncorrected and hence rejected because the physician cannot be contacted, is unable to recall the specifics of the encounter, or the cost of correction is not justified.
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