Urgent care billing is a complicated affair. Being different from the other specialties, the urgent care billing operation in fact requires more awareness and attention. according to the American Medical Association, more than 10 % of urgent care claims are not even been correctly paid and commercial payers on average underpay on 7 % of their claim adjudication leaving practice with huge losses. Besides, more than 11 % of the revenue lost happens in urgent care because of the due underpayment. Furthermore 63 % of urgent care denial occurs mainly due to two common factors – frequent billing and coding problems and untimely claims submission.
- Frequent billing and coding problems – inefficiency in the urgent care billing and coding process like missing names, wrong demographic or codes, incomplete patient’s medical information, etc are common. In fact, according to the American Medical Association (AMA), more than 20 % error rate among health insurers is seen due to wrong data management. This is why you need an experienced team that with the help of constant follow up and scrutiny ensures correct information and efficient data management process.
- Untimely claims – untimely claims management leaves out a lot of cash on the table. This is why proper and dedicated attention is extremely important here.
Today 93 % of practices are looking for dedicated resources that can improve your billing operation and improve the cash flow. In fact, it is very important to find the right partner who not only can ensure a seamless billing operation but can also resolve problems and find solutions from the root to enhance your urgent care billing practice like Sunknowledge Services Inc.
Sunknowledge caters to all your urgent care billing needs:
Providing up to date resources and an experienced team of billers and coders, Sunknowledge has been helping many urgent care clinics and centers in reducing operational costs while ensuring seamless billing transactions.
Ensuring a timely claim submission, continuous follow up, robust reporting along with no cost dedicated account manager Sunknowledge experts, in fact, take complete care of both pre and post urgent care billing operations. Resolving issues with inventory management, order entry and confirmation, form UB – 04 and more, the experts assist in improving collections standards in the long run.
Helping you with a smooth billing transaction and also a faster reimbursement rate, Sunknowledge’s overall goal is to deliver unparalleled support and help in expanding clients’ business in the healthcare industry for a longer period of time.
