Since using DaisyBill, we've reduced our days in A/R by over 50%. My staff especially appreciates the easy interface.
Santa Barbara, CA (PRWEB) October 18, 2012
DaisyBill officially launches to the public on November 1, 2012 and will aid providers and billing agents in taking advantage of California’s new workers’ compensation electronic billing (e-billing) regulations.
Effective October 18th, 2012 the state of California mandates that all workers’ compensation carriers accept electronically submitted bills. Electronically submitted bills must conform to the Medical Billing and Payment Guide and Companion Guide as outlined in 8 CCR § 9792.5.1(a).
Though providers and billing agents are not required to submit bills electronically, the benefits of e-billing are vast.
Take advantage of the benefits by using DaisyBill to submit your bills as it's the only solution designed to electronically manage the entire life cycle of California's workers' comp bills.
DaisyBill is different from existing medical billing systems which lack critical functionality to manage workers' comp bills and get them paid. Existing systems are not designed for the specialized, changing rules of workers' comp, and they are not designed to electronically submit bills with their required reports. This results in:
- 40% of bills submitted by providers never being paid
- billing staff that devote much more time to workers' comp bills than to any other kind of bill
- bills that require multiple submissions to get paid
- a minimum of three months before payment
Because DaisyBill understands and manages the unique problems of workers' comp billing, it increases revenue, reduces payment waiting time and reduces administrative costs for treating injured workers. DaisyBill provides a workers' comp billing system to medical providers and billing agents so that they can easily submit correct bills for prompt payments.
DaisyBill does this by:
- electronically submitting bills and reports, reducing submission costs by over 55%
- integrating California’s work comp rules and regulations
- tracking the status of every bill, reducing administrative burden
- posting payments and analyzing them for accuracy
- appealing incorrect payments
Providers and billing agents using DaisyBill experience increased productivity, increased revenue, decreased costs, and decreased frustration. All with no subscription, no software, and zero implementation time, so trying and using DaisyBill is easy.
Said one DaisyBill provider, "Our existing billing system could not submit bills and attachments electronically. We found DaisyBill to be the only solution that handled our work comp needs. Since using DaisyBill, we've reduced our days in A/R by over 50%. My staff especially appreciates the easy interface."
DaisyBill will officially launch on November 1st.
DaisyBill was founded by Catherine Montgomery and Sarah Moray who have a combined 18 years experience in workers’ compensation medical billing. They also run the website claritymbr.com, a free resource for those whole wrestle with workers’ compensation billing.