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Benefit 1:
 
FASTER.Much Faster: Electronic filing drastically reduces the amount of time it takes to collect from the insurance companies from 60 to 90 days to just 7 to 21 days. This is possible because electronically filed claims are handled by computers and therefore bypass all of the low-wage, untrained human "gate keepers" that work the low-level clerical jobs for insurance companies. These "gate keepers" are the ones who ultimately determine whether or not and how fast you should be paid. But when it is all handled by computers, there is no people to bog down the process.
 
Benefit 2:
 
LOWER Rejection Rate (By Far): The rejection rate for claims plummets from over 30% to under 2%. Obviously, claims that aren't rejected move through the system a lot faster. Plus, claims that are mysteriously "LOST" by the insurance companies and never paid are eliminated altogether. They can't be lost when using electronic medical claims filing because they produce an acceptance report from the carrier that ensures receipt.
 
Benefit 3:
 
FREES Your Time: This benefit is not always quite so obvious to doctors, but is very significant nevertheless: Many doctors spend as many as one and a half to two hours a day supervising and working on insurance claims. Or at the very least, they have a high-paid staff person working on them. With electronic medical claims filing, you free up your time to either see more patients.and therefore make more money... or spend more time playing golf or with your family. Outsourcing electronic medical claims filing frees up the time of your staff members, now they can be making patient calls and running the office more effectively instead of worrying about medical claims all the time.
 
Benefit 4:
 
IMMEDIATE Cost Savings: You will realize a real and immediate cost savings when you outsource the billing to us. A recent survey in the Medical Group Management Journal showed that the average cost of internal billing departments was 11% of the practices' income. Our billing services, on the other hand, charge much less to perform the same service, depending on the volume and complexity of the situation. Usually we charge 5% or less of the practice's income. And that's just the front-end direct costs of collections. That doesn't even take into the increased effectiveness and efficiencies of actually collecting the money that we've already listed
 
Electronic Medical Claims Filing
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