Service
Claims Submissions
SCMB will submit claims for healthcare services provided to patients to the relevant insurance companies, government agencies or third-party payers.
Frequently Asked Questions
What is medical billing and why is it important
Medical billing is the process of submitting and following up on claims with health insurance companies to receive payment for medical services provided. It's important because accurate and efficient billing ensures timely and full payment for services, which is crucial for the financial health of healthcare providers.
How does medical billing work?
Medical billing works by submitting claims to insurance companies or other payers, often using specialized software, and then tracking and following up on the claims until payment is received. The process includes various steps, such as verifying patient eligibility, submitting claims with appropriate codes, and managing denials and appeals.
How do medical billing companies charge for their services?
Medical billing companies typically charge a percentage of the total amount collected on behalf of the healthcare provider. This is known as a percentage-based fee structure. However, some companies may charge a flat fee per claim or a monthly fee for services provided.
What are some common billing errors to watch out for?
Common billing errors include incorrect patient information, incorrect procedure or diagnosis codes, missing or incomplete documentation, and billing for services that are not covered by the patient's insurance. These errors can lead to claim denials or delays in payment and can be costly for healthcare providers.
Service
Credentialing & Contracting
We help providers to get credentialed and contracted with all insurance companies. We specialize in assisting providers with opening their own practices.
Service
Denial Management
We will track and manage claim denials, identify and resolve errors or discrepancies, and resubmit denied claims to maximize reimbursements.
Service
Accounts Receivable Management
SCMB will manage the collection of payments from insurance companies and patients, track outstanding balances, and pursue collections.
