The Benefits of Electronic Claims Processing with EMR

Electronic claims processing is the way of the future for medical offices. Paper billing processing is time consuming and expensive. The days of paper billing are numbered. With electronic medical record software, electronic claims processing makes receiving payments faster, and billing easier and more accurate.

Electronic claims processing is the way of the future for medical offices. Paper billing processing is time consuming and expensive. The days of paper billing are numbered. With electronic medical record software, electronic claims processing makes receiving payments faster, and billing easier and more accurate.

The Benefits of Electronic Claims Processing with EMR

Electronic claims processing is a method of sending claims to insurance carriers electronically rather than by paper. Health care providers often use electronic medical records, or EMR, to generate billing invoices automatically. Electronic claims processing is just one of the many benefits of EMR software and service packages.
Using an electronic data interchange, or EDI, electronic claims are sent using an internet connection. Claims can be sent to insurance carriers directly or to a clearing house where bills are processed. Clearing houses send claims to several insurance carriers for you, saving you time and money on man hours. Larger insurance carriers, such as Medicare, Medicaid and BC&BS have created direct claims services. There are many benefits to electronic claims processing.

EMR software error checks invoices. Without error checking, electronic claims sent to clearing houses are checked for errors and immediately rejected if there are data entry mistakes, missing information, invalid information, etc. In most cases paper claims are processed once. After the first rejection, the claim is rejected totally. Electronic claims processing scrubs the entire claim file and alerts you of errors that would cause a claim to be rejected. It is then easily fixed so claims can be streamlined through clearing houses.

Because paper claims take days to reach the payer, electronic claims processing speeds reimbursement. Most carriers delay paper claim payments, with Medicare delaying payments for a minimum of 28 days on paper claims. Electronic claims processing cuts that down to 14 days, and since claims are scrubbed before leaving the office, delays are cut back dramatically. Rejections can be resolved in minutes rather than weeks.

Because electronic claims processing allows much more information to be provided to the insurance carrier, claims are rejected less often. Payers have less overhead costs with electronic claims, which make them much more likely to process claims quickly. Insurance companies appreciate electronic claims.

EMR software helps clinics and hospitals increase productivity in their business office. Because the software verifies the billing is correct, eliminates the need to print labels, bills, etc. offices are spared hours of wasted time. With electronic claims bills are sent directly to insurance companies or clearing houses, where you can find out in seconds whether or not a claim was accepted or denied, and why. To learn more about the benefits of EMR software and to get a free demo, visit http://www.healthtec-software.com/.