Oct 4, 2018

How Medical Billing Can Benefit Your Organization

Alanna Diffendal  |  Updated May 24

graphic of a prescription bottle and paper

Medical Billing is a complicated field with many moving parts. Large amounts of data are being transferred between practice management systems, clearinghouses, and payers, which can cause a variety of issues when submitting claims, preventing practices from getting paid in a timely manner. Common errors that are made when filing claims include the following:

  • Entering incorrect information for the provider (Name, Contact Information)
  • Entering incorrect information for the patient (Name, Gender, Date of Birth, Insurance information)
  • Entering incorrect information for the insurance providers (Policy Numbers, Contact information)
  • Inputting incorrect procedure codes or ICD-10 codes
  • Inputting mismatched treatment and diagnostic codes

RXNT offers billing solutions that remedy many of these issues. The integrated Electronic Health Record (EHR) solution allows for information to be directly imported into the RXNT practice management solution, eliminating the possibility of data entry error for procedure codes and ICD-10 codes within the claim. Our solution also features built-in claim-scrubbing, providing real-time coding edits. This feature allows the provider, coder, or biller to drill down to the exact ICD-10 code that he or she would need, removing the opportunity for incorrect entry of these codes, which in turn reduces claim rejections or denials.

Even for those already using a billing solution, the RXNT practice management system offers an enormous amount of value and warrants your consideration. RXNT is directly integrated with one of the largest clearinghouses in the country, Change Healthcare. This integration allows all claim information to flow directly out of the RXNT solution, through the Change Healthcare network, and directly to payers. Once reimbursement has been released by the payers, the Electronic Remittance Advice (ERA) will be available directly within your RXNT account, removing the need to go to any external website to find claim status and payment amounts. This is just one of the many ways that RXNT solutions can save you time and improve your revenue cycle.

For more information on how the RXNT solutions can help your practice, contact us at 1-800-948-7968 option 3 or [email protected]. Ask us about a live, online demonstration of our solutions.

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