Healthcare Manager - The Proper NMB Management System Provides The Data Required To Stop The Root Cause Of Problems And Significan
Some medical billers believe NMB management is the same as follow-up, others believe NMB management is primarily geared towards dealing with issues around medical necessity.
(prHWY.com) October 25, 2012 - Florida, FL -- Florida, Oct 25, 2012 - Some medical billers believe NMB management is the same as follow-up, others believe NMB management is primarily geared towards dealing with issues around medical necessity. Many medical billing experts simply think as NMB management as a description for the overall billing process.
How proper NMB management will dramatically increase the revenue of a practice. They understand the value of working NMBs, but this is not the only secret to good NMB management. Working NMBs is like bailing water from a leaking ship - it can help keep the ship afloat, but ultimately you really need to fix the leak.
Healthcare Manager - The proper NMB management system provides the data required to stop the root cause of problems and significantly increase the rate of first claim submission acceptance. If your practice is not measuring this level of detail then money, significant money, is being lost in the flood of denied claims pouring into your practice.
Physicians who are overly controlling, uncomfortable or mis-trusting toward billing services are nearly impossible to administer. I don't want anything to do with those types of physicians but I completely respect and understand their point of view. Setting all ideology aside I would like to delve into the pros and cons of this difficult and complicated decision.
I am a physician who is very interested in the business aspect of medicine and I do not mind spending my valuable time managing the medical billing aspect of my practice.
Health Informatics - Clearly, the best way to do your billing is to do it personally. Obviously, doing it yourself is probably not an option but if you're willing to spend the time and have the interest I would recommend that you do your own billing. Keep in mind that most billing service owners and certainly our employees have limited medical backgrounds. Physicians who study CPT, regularly attend billing seminars and keep up to date on industry changes are the ultimate medical billing gurus in my view.
Most practice management systems do not properly track NMBs - at least not in the form in which they are typically used (i.e., they may have the capability, but only if properly implemented and used). Those PMs that do track NMBs typically overwhelm the practice with data that is difficult to utilize for high level NMB management.
About the Author:
Healthcare Manager - National Medical Billing Inc. Services concentrates strictly on providing billing and coding solutions and is the fastest growing company in the industry.
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