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Does Your Practice Suffer From… Shrinking Practice Income Syndrome?It's no secret that, by many measures, physician incomes are shrinking. Add to this a staggering, recession-ish economy that's making collections more difficult, well, this isn't helping things. Medical expenses are a leading cause of bankruptcy; more and more people are losing individual coverage because of insurer recessions! Medical inflation keeps outpacing overall cost increases!
Shrinking Practice Income Syndrome 42008.pdf
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888-880-0384
Electronic Claims Direct
Electronic Claims are Faster than Paper
Electronic claims significantly reduce the amount of time a practice waits to be paid for their services. On average, electronic claims are paid in half the time of paper claims. Electronic claims improve payment speed in two ways: First, the mail system is avoided. An electronic claim can arrive at a carrier's office within 24 hours and be ready to be paid by their computer. Contrast this with the time it takes for the post office to deliver the mail and data entry staff at the carrier's office to enter the claim information! Second, insurance carriers give priority processing to electronic claims. Medicare processors cut two weeks off their payment time to give providers the incentive they need to send claims electronically!
Which Claims Can Be Sent Electronically?
MediSoft Direct Electronic Claims software is offered for selected insurance carriers. Medicare, Medicaid and Blue Cross/Blue Shield accept claims directly from providers and billing services in most areas.
Electronic Claims are as Easy as Paper
Billing data is entered into MediSoft, then is used to print paper claims or submit claims electronically. After the initial setup, no additional data entry is required -- Just select the Electronic Claims menu option!
Free Electronic Claims Software Isn't Free
Carrier-supplied software works differently than MediSoft, requiring extra time to learn and use. Claim information sometimes must be entered a second time to use carrier-supplied software. MediSoft Direct Claims modules work inside MediSoft, using the same familiar menu structure and commands.
- Carrier Tested and Approved
- Works Inside MediSoft
- No Data Re-entry
- Usually No Per-Claim Fee
Modules are available across the country
NDC Direct Modules are available for select payers across the US.
MediSoft Electronic Claims Direct Is Easy To Own
MediSoft Electronic Claims Direct all-payer modules cost $1199.00, single carrier modules $999.00
Order MediSoft Electronic Claims Direct
From Sunrise Service 888-880-0384