Understanding how account receivable practices work in medical billing is an essential part of being able to keep a doctor’s office or medical practice, no matter how big or small, up and running on a day to day basis. However, with all the hustle and bustle that is involved with running a medical practice, it is very easy to let these kinds of services slip by the wayside. This is not a good idea though, as having an effective account receivable medical billing system in place is what makes sure that all the necessary monies that need to be paid out from the respective parties who owe them have done so.
In order to make sure that you have an effective account receivable medical billing system in place at your place of employment, here are some simple and easy to implement practices that will help make sure that your accounts receivable process does become so entangled and complicated that it no longer works correctly.
Make Sure to Handle Copays Quickly and Efficiently
One of the most important things that your account receivable medical billing team can do to make sure that the practice is running smoothly on a daily basis is to collect the total amount owed in terms of copay at the time in which services are rendered. This will allow your account receivable team the ability to not have to spend time trying to track down patients who have not paid several weeks after the fact.
Always Check Patient Insurance Eligibility
Another thing that your accounts receivable team should be doing is checking the insurance availability of every patient that comes through the door, which will make it easier to determine how much their copay is at the time of the visit.
For more information on account receivable medical billing, contact Gebbs Healthcare Solutions through their website today.
