Family practice billing is unique because a physician regularly sees patients of all different age groups with different common ailments, and several patients in the same family unit may be billed to the same provider. In this way, family practice billing can actually simplify the billing process, despite an increased number of patients and cases.
How Does Family Practice Billing Work?
Like other specialties, family practice billing relies on proper and timely documentation and communication with individuals and insurers. Your clinic starts the process by serving a patient and documenting the normal SOAP notes. A medical coding specialist translates the visit into the appropriate numerical codes that allow for easier communication with providers. The documentation that leads to coding also improves analysis of services (charges and procedures) to improve your practice management.
If you choose to work with Billing Advantage, we can help with practice management and coding, as well as billing. While maintaining HIPAA compliance and any other state or federal regulations, we bill insurance providers and patients. You can rely on us for proper collections and billing maintenance, saving you time and hassle on the follow-up process, all while increasing your revenue.
Family Practice Billing Software
Family practice billing software can help from the point of scheduling, through note documentation and into billing. However, software still requires time investment. Depending on the software’s level of detail and the amount of tasks it carries out, you’ll need a bigger team to handle it. More manpower and time might not be possible for your practice, and that’s where Billing Advantage comes in.
Billing Advantage uses a software program called Kareo, one of the top ranked billing software programs for security and reliability. We are very flexible to your needs, from the method of data exchange to the amount you want to be involved. You can also access it whenever you want, 24 hours a day, every day of the week. A software program in itself is just a tool, but Billing Advantage specialists understand how to use the Kareo tool to its fullest.
How Much Does Family Practice Billing Service Cost?
Financial strength is directly correlated to the management of your medical billing. Mistakes in improper documentation, coding and follow-up amount to thousands of dollars lost each year. By investing in a third-party medical billing team like Billing Advantage, you are assured coverage that eliminates mistakes and money lost.
Billing Advantage has a one-time startup fee of $200 per clinician, plus 5-7% of the amount you receive. Accelerated payments, increased revenue and transparency all make your job of caring for patients a little bit easier, so get started today!
Submit a free quote request and see how we can help your business.