Sponsored by Infinedi
Submitting billing claims is likely a key part of managing your chiropractic practice.
As such, it is vitally important that every aspect of processing your claims is completed securely, accurately, and efficiently. While filing paper-based claims is certainly an option, electronic claims processing has several significant advantages. Electronic processing may improve the business side of your clinic. You could save money, work more efficiently, and protect your practice from serious issues and errors. Protecting yourself from unnecessary liability and reducing your risks helps you continue caring for patients.¹
Manual claims submission depends on you or your office staff to code correctly and prevent mistakes. Without electronic claims processing, you may miss problem claims altogether. Claims processing protects your practice.
Creating manual claims that fully comply with HIPAA and other local, state, and federal laws can be difficult and tedious. Electronic processing through a clearinghouse can help you stay compliant with your claims by running each claim through a full checklist of regulatory standards before it is submitted. This provides an additional safeguard and helps your practice to file claims that are consistently compliant.¹
Rather than risking claims errors that can cost you additional processing time and resources, electronic processing ensures that every claim is accurate and complete. Manual processing introduces unnecessary human error. You are solely responsible for reviewing your claims and making needed changes. This lengthens the claims process and results in less accuracy.
Inaccurate manual claims also take longer to fix and resubmit than electronic claims because manual claims are sent back to your practice through the mail. This process is less efficient than electronic processing. Improving both your billing accuracy and your practice’s efficiency at the same time is possible and may dramatically improve your business.¹
Your practice should always be audit-ready. With so many aspects of your office to manage, bad claims practices may be overlooked until it is too late.
4. Business analytics
Electronic claims allow you take advantage of business analytics tools. Now, even small practices can use data analysis to understand their businesses better and make smart decisions. Tracking informs you of status changes and shows data on key aspects of the financial side of your practice by letting you to review claims information.
You will have at-a-glance access to the information you need. Instead of waiting for results through the mail, you can see real-time information about your claims. With these tools, you can direct your focus to other important revenue issues.¹
5. Integration with EHR and practice management software
A claims clearinghouse system can be seamlessly integrated into your existing EHR or practice management software, so you can efficiently submit claims for review and processing. You can easily import data and prepare your claims quickly and efficiently. On paper, this process may be significantly slower from claim creation to approval and reimbursement.¹
Electronic claims processing helps you to automate your practice. You can catch and prevent more errors, reduce administrative time, and improve billing efficiency. By having a system in place to improve the claims process, you are reducing your own workload and increasing the time you can spend seeing patients and doing other important tasks.
If you are ready to revitalize your practice’s administrative processes, consider how electronic claims processing can help your clinic achieve more. This technology might just make a significant difference for your practice.
Infinedi is committed to making its clients work easier and more efficient. Infinedi is an electronic claims clearinghouse and offers a variety of simple, easy to use technologically advanced services, so you can focus more on your patients and less time on paperwork. For more information about Infinedi visit infinedi.net or call 800-688-8087.
¹American Medical Association. “The benefits of electronic claims submission–improve practice efficiencies.” AMA. https://www.stepsforward.org/Static/images/modules/20/downloadable/claims-flyer.pdf. Published 2013. Accessed November 2016.