AMA States 1 out of 5 Medical Claims are Processed in Error
Medical claim processing is a sore spot with almost all physicians today and to submit on paper without software today is a nightmare. At EZClaim we have several choices, depending on the size and number of claims your practice submits. Take a look at our website and see which one is a good fit for your needs.
The report from the AMA states eligibility is one of the big areas for denial and this goes beyond just whether or not a patient is insured or not, as policies are more complex today, it may be a portion of the claim that is not eligible. By using a clearinghouse service, you can be assured that your claims are correct in format; however denials go beyond just getting the numbers correct and we also offer our services to help. With the complexity we all deal with today, billing on paper is almost a thing of the past.
This is what was published in Reuters this week:
CHICAGO, June 14 (Reuters) - Claims-processing errors by health insurance companies create billions of dollars in unnecessary administrative costs, slow down payments to doctors and frustrate patients, the main U.S. doctor’s group said on Monday.
The American Medical Association said one-fifth of all claims are mishandled by health insurers.
Currently, the health care system spends as much as $210 billion annually on claims processing, according to the report issued at the AMA’s annual meeting. Doctors have long complained about excessive paperwork required to satisfy insurance companies. The AMA described mishandling as claims processed with errors - underpaid, overpaid or incorrectly unpaid.
http://www.reuters.com/article/idUSN1422071220100614
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