A recent study by America’s Health Insurance Plans (AHIP) highlights that 75% of health insurance claims are now electronically submitted, expediting the processing timeline to within a month of receipt. This accelerates the claim submission process and hastens the Accounts Receivable (AR) cycle for the convenience of healthcare providers. Moreover, government payers like Medicare and Medicaid mandate the electronic filing of health insurance claims.

In today’s landscape of insurance claims, automated technology plays a crucial role. Tools such as electronic medical records (EMR), electronic funds transfer (EFT), electronic remittance advice (ERA), real-time adjudication, claim scrubbing services, coding software products, and other technology tools are essential. However, not all practices or physicians have the financial resources to invest in these costly technologies, nor the time to manage complex processes, making outsourcing of the claims process an appealing alternative.

Experienced medical billers at NBW Consultants effectively leverage available technologies to ensure claims are paid and denials are reduced. With insurance policies constantly evolving, providers have a strong incentive to embrace outsourced billing solutions.

NBW Consultants endeavors to provide a convenient system for all providers, simplifying the claim submission process. Our Electronic Data Interchange (EDI) solutions in practice management and medical billing services are transforming the claim submission experience for many providers.

Direct Benefits:

• Quicker claims submission
• Faster payments
• Improved claims accuracy, reducing transcription errors and missing data
• Elimination of printing and mailing costs
• Reduced time spent on resubmitting corrected claims
• Paperwork reduction
• 24/7 access to claims tracking

With NBW Consultants, claim submission becomes a seamless process, allowing providers to focus more on their patients—the heart of their practice.