Getting to the point of real time billing takes major changes in action and attitude for billing specialists, and once the changes are made, income can be continuously flowing.
Denville, NJ (PRWEB) December 13, 2013
“There are many stumbling blocks to prevent a physical therapy clinic from accepting regular cash flow,” said Chhoda. “The major hindrance is insurance claims denial. The practice spends a lot of time to process a claim. And the sad thing about it is that it is more likely to be denied making a regular cash flow almost impossible.”
According to Chhoda, the solution to this problem is for every practice to implement a physical therapy billing system backed by EMR so that filing insurance claims becomes automatic and instant. Effective physical therapy software shows that once patient information is gathered, it can be automated and used over and over to file claims. Without an automated system, information has to be entered over and over every time there is a claim to be filed.
Chhoda added that the goal is to get to a point where claims are submitted in real time. A few years ago, this may seem an impossible thing but Chhoda reveals that real time submission is becoming the norm in the industry today and largely because of EMR.
He noted that the key to reaching the point of real time submission is to prepare and plan. When there is a detailed plan of treatment for each patient, the physical therapy billing specialists can bill for the same thing after each visit. Getting to the point of real time billing takes major changes in action and attitude for billing specialists, and once the changes are made, income can be continuously flowing.
Chhoda’s office can be reached by phone at 201-535-4475. For more information, visit the website at http://www.emrnews.com.
About Nitin Chhoda
Nitin Chhoda PT, DPT is a licensed physical therapist, a certified strength and conditioning specialist and an entrepreneur. He is the author of "Physical Therapy Marketing For The New Economy" and "Marketing for Physical Therapy Clinics" and is a prolific speaker, writer and creator of products and systems to streamline medical billing and coding, electronic medical records, health care practice management and marketing to increase referrals. He has been featured in numerous industry magazines, major radio and broadcast media, and is the founder of Referral Ignition training systems and the annual Private Practice Summit. Chhoda speaks extensively throughout the U.S., Canada and Asia. He is also the creator of the Therapy Newsletter and Clinical Contact, both web-based services to help private practices improve communication with patients, delivery better quality of care and boost patient retention.