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CBS By the Numbers
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A How to Guide for Navigating RAC Audits for New Hampshire Medical Practices
How To Choose a New Hampshire Medical Billing Company
5 Ways Your Medical Practice Can Reduce Billing Errors and Increase Cash Flow
Medical Claims Remittance
A Proven Process for Claims Management
For a busy modern healthcare practice, working through the laborious process of claim management is an enormous daily challenge. It requires consistent follow-up and follow-through to maintain a healthy accounts receivable status for your medical practice.
CBS Medical Billing and Consulting, LLC has developed a proven process for successful claims management. We follow up on claims every 15 days, keeping them in an active status up until they are approved and successfully paid.
Our Follow-up Protects Your Medical Practice from Unnecessary Revenue Loss
Sometimes, while auditing a new partner’s Accounts Receivable, our CBS Team uncovers numerous unpaid claims over 120 days old. We research each claim to determine if it can be collected instead of written off, thus protecting your firm from unnecessary loss of valuable revenue.
We Serve as Mediator to Efficiently Collect What You Have Earned
We understand and respect that the healthcare industry often appeals to compassionate people whose focus is more inclined toward patient care than accounts receivable. The CBS Team is ready and able to serve as a mediator between healthcare professionals and their patients to quickly and efficiently collect outstanding balances owed to the practice.
Electronic Billing and Claims Remittance
To ensure that you receive payment from medical claims in the timeliest and most efficient manner, CBS will unlock the full potential of your own medical billing software or we can use our own in-house medical billing software. Insurance payments are generated through electronic remittance, and uploaded into the patient’s medical billing record.
Medical Claims Remittance Frequently Asked Questions
Do you assist with obtaining new contracts with insurance carriers?
Yes, we can help you apply for new contracts and manage your existing ones.
What is your claims follow-up process?
CBS follows up on each claim every 15 days, until the claim is paid. This ensures that all your claims remain in an active status, to minimize the time it takes for you to receive payment on each claim.
What is your success rate with prepayment audits?
For claims on which we have performed compliance scrubs, CBS consistently achieves an outstanding 98% audit pass rate.
“We have been using CBS Billing for almost a year now, and I cannot express how thankful we are for their wonderful service. Since we opened our doors, they have... „
“The quality and service we receive from CBS is amazing! Every step of the process is made easier because the CBS team is extremely knowledgeable, very attentive... „
“I have been with CBS for years. They are awesome and they do a great job all around. I am very pleased with their services. „
“CBS has been wonderful to our company. Honestly, I don’t know how I have functioned this long without them. CBS has been an asset to my claims, and I can’t than... „
“Our company discovered CBS after hiring two other billing companies who fell desperately short of our high standards and expectations. In today's third party... „
“The folks at CBS have provided detailed statements on a timely basis, kept our billing process very organized, and are a pleasure to work with. „