Understanding Medical Billing: Streamlining Healthcare Payments
- Medical billing involves submitting and following up on claims to insurance companies for healthcare services
- It ensures accurate and timely payments for providers while minimizing errors
- Key steps include claim submission, payment processing, and managing rejections
- Its purpose is to streamline financial operations and enhance efficiency in healthcare
Experienced Team with Industry Expertise
ASU Technologies delivers precision-driven medical billing solutions, backed by years of experience and in-depth industry knowledge, to optimize your revenue cycle and ensure compliance.
Transparent Processes with Real-Time Updates
ASU Technologies ensures complete transparency in medical billing, providing clients with clear, accessible workflows and real-time updates for accurate and efficient revenue management.
Cost-Effective Solutions Tailored to Your Needs
At ASU Technologies, we offer customized medical billing solutions designed to meet your specific requirements, ensuring optimal efficiency while keeping costs manageable.
Advanced Software and Tools to Minimize Errors
ASU Technologies utilizes cutting-edge software and tools to enhance accuracy, reducing errors in medical billing and ensuring seamless claim processing.
Claims Submission
ASU Technologies streamlines the claim submission process, ensuring accurate and timely submissions to insurance providers, reducing delays and minimizing the risk of rejections.
Denial Management
ASU Technologies efficiently handles denial management by promptly identifying issues, submitting appeals, and ensuring swift resolution to recover lost revenue and improve claim approval rates.
Payment Posting
ASU Technologies ensures accurate and timely payment posting, reconciling payments with patient accounts and insurance claims to maintain up-to-date financial records and improve revenue cycle efficiency.
Patient Billing and Follow-up
ASU Technologies manages patient billing with clarity and precision, ensuring timely invoicing and proactive follow-up to facilitate prompt payments and enhance patient satisfaction.
Coding Compliance
ASU Technologies ensures strict adherence to coding standards and regulations, minimizing errors and ensuring accurate reimbursement by applying the correct codes for all medical procedures and diagnoses.
Accounts Receivable Management
ASU Technologies offers comprehensive accounts receivable management services, efficiently tracking outstanding balances and accelerating collections to improve cash flow and reduce overdue payments.
Benefits of Our Medical Billing Services
- Increased revenue and faster reimbursements
- Reduced administrative burden
- Improved accuracy and compliance with regulations
- Better focus on patient care
Enagol Ame
Adam Smith
Maria Mak
Medical billing is the process of translating healthcare services provided to patients into claims that are submitted to insurance companies for payment. It ensures that healthcare providers are reimbursed for their services by handling the submission, follow-up, and management of these claims.
- Revenue Cycle Management: Medical billing ensures that your practice is paid for the services rendered, helping maintain a steady cash flow.
- Accuracy: Proper billing minimizes errors, reducing claim denials and ensuring timely reimbursement.
- Compliance: It ensures adherence to regulations and insurance requirements, reducing the risk of legal or financial penalties.
- Efficiency: It streamlines administrative tasks, allowing healthcare providers to focus more on patient care rather than dealing with payment issues.
At ASU Technologies, we prioritize the security and confidentiality of your data. Our services are designed with robust security measures, including encryption, secure data storage, and compliance with industry standards such as HIPAA. We ensure that all patient and practice information is handled with the utmost care to protect against unauthorized access and breaches.
ASU Technologies works with a variety of healthcare practices, including:
- Medical Clinics
- Dental Practices
- Urgent Care Centers
- Specialty Practices (e.g., cardiology, dermatology, orthopedics)
- Hospitals
- Behavioral Health Providers
- Physical Therapy Clinics
We tailor our services to meet the unique billing needs of each practice, ensuring efficient and accurate revenue cycle management.
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Locations
Oklahoma City, USA
(Corporate Office)
914 SW 5th Street,
Oklahoma city, Oklahoma. 73109
1.405.235.2900
Info@asutechnologies.com