How to Choose the Right Electronic Billing Clearing House If you know what you are looking for, it would be quite easy to find the right electronic billing clearing house. What you can do is to check out the different clearing houses around and compare their benefits. It is possible to find the right electronic billing clearing house quickly once you have made your comparisons already. One thing is important to remember and that is that not all insurances can be submitted electronically. You might think that at this present age all medical claims processing have changed with new technologies, but this is not true because there are still many companies that have not taken advantage of these advancements and have no capability to submit insurances electronically.
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What you can do is to check two or three companies or more. Substantial cost differences will be seen over time. Here is a guide of things you need to know from these companies.
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Ask yourself what insurance companies are most important to you to send electronically. The biggest insurance companies in your area should be determined. The company that you send the most claims and that mandates electronic submission should be chosen. Also consider how many claims you are sending in a week of a month that are able to be sent elecrtroncially. After doing this youwill be able to start comparing your options. What you want from the electronic billing clearing house is that it will be able also to send electronically to the insurance companies of your choice. You can find a list of insurance companies that these clearing houses send to electronically. Look at the list and see if your big companies are there. If most of the companies are there except for one or two, then make sure to check to see how often the list is updated. You can check every now and then from the clearing house if the list have been updated and you companies are included. You should know that amount that they charge if it is a per claim fee or if there is a monthly minimum. It is also good to know the charge if they drop the claim to paper. IT is also good to know how much their set up fee is. You should find a clearing house that can submit electronically to every insurance company that is important to you. Clearing houses charge different prices. Not only the price should be considered although it is important but all other aspects. You need to exercise care in choosing the clearing house but if it doesn’t work out then don’t be afraid to change. Sometimes things work well at the start but if somewhere along the way something turns bad, don’t be afraid to change.