As the name suggests, emergency medicine refers to the medical care provided by a hospital in case of a medical emergency. The emergency medicine works in favour of the patient for it aims at providing the best solutions to resolve all kinds of critical issues. The first instinct of an emergency physician is to respond quickly with the most workable medical solution to save the patient's life. The primary step in this direction is to analyze the patient's condition and make sure he/she keeps breathing until the doctor finds the actual problem. Until then, the emergency physician is responsible for the patient's medical care. This means the emergency physician should be highly qualified and acclaimed. But finding an emergency physician who is highly trained and experienced can be quite a challenging task. This is where emergency physician credentialing comes in.
In addition to the hospitals are also required to verify insurance claims to pay the emergency medicine physician for his services. The necessity of emergency insurance verification is of utmost importance for it is linked with the financial growth of hospitals. It is. Therefore, hospitals outsource emergency physician billing and collection services from prominent medical billing companies.
Importance of Outsourcing Emergency Medicine Services
Outsourcing emergency physician billing and collection services help the hospitals keep track of the patients, physicians and the emergency medical services offered. A trained professional is provided by the billing company to work on each process that is directly associated with emergency medicine.
The company offers services to assist the hospitals in:
Emergency Physician Credentialing: Hiring an emergency physician requires the hospital staff to interview eligible candidates to hire the best physicians. An error of judgment while assessing the best emergency physician can put both the patient's life and the hospital's reputation at stake. It is, therefore, the hospitals prefer to handover the task to emergency physician credentialing to professionals.
Emergency Physician Medicine Billing: Outsourcing emergency physician billing and collection service is the best way to ensure that the patient is billed for all the emergency medical services he/she may have received. The medical biller is trained to do his/her job with utmost professionalism for he/she knows that reimbursement of claims is dependent on correct billing.
Emergency Physician Insurance Verification: Insurance fraud and denials are quite common in the healthcare industry. It is because there are thousands of patients with few doctors to attend. In this long chain of treatment and billing, the hospital staff is likely to miss insurance claims or identify frauds. This is where emergency insurance verification comes in. This helps in verifying insurance claims so that the reimbursement can be done without any mistake.
Emergency Physician Patient Statement: After the insurance payer has paid the promised amount to the physician, the biller prints the patient statement. The purpose of the patient statement is to ensure that the patient pays the rest of the due amount to the emergency physician for his essential services.