At DnD Billing & Credentialing, our medical billing services put you, the provider, at the center of everything we do. Regardless of the size of your practice, we apply a dedicated focus on improving your bottom line. Our in-depth industry experience will guide you through the challenges of increasing reimbursement. Simply put, we don't get paid if you don't get paid so we work very diligently for you.
Our goal is to work closely with you along with your staff to increase income and overall improve your cash flow through excellent and efficient medical billing and collection services that will lead to your financial success. Remember, your success is our success.
As a medical professional, your education, training and experience is too valuable to be wasted on billing paperwork or worrying if you’ll get paid in full for your services. Don’t waste another moment interpreting changing medical billing regulations, correcting billing codes or worrying about revenue cycle management when you could be spending that billable time with your patients.
Your mission is to provide quality care for your patients while at the same time managing your practice’s profitability. Unfortunately, you’re under increasing pressure to find new ways to cut costs without sacrificing service or negatively impacting patient experience.
At DnD Billing & Credentialing, we can help you achieve greater profitability while at the same time freeing up your time to focus on patients. Our medical billing reduces costs, increase revenue and improves the accuracy of patient billing. These services provide a hassle-free, proven way to manage collections by:
Simplify medical billing and coding by allowing DnD Billing and Credentialing to streamline claims reimbursement processes to ensure you maximize revenue and capture every dollar you’re entitled.
DnD Billing & Credentialing is a leading provider of medical billing services tailored to meet your needs; as the healthcare provider. We eliminate the headaches inherent in current industry practices allowing you the opportunity to focus on what's most important; Your Patients.
Managing a medical practice grows increasingly, difficult every day. Recent trends show reduction in payments by insurance carriers, government cuts on public plans and ignored patient responsibilities. These changes require healthcare providers to implement cost-effective solutions to increase returns.
At DnD Billing & Credentialing, our medical billing services put you, the provider, at the center of everything we do. Regardless of the size of your practice, we apply a dedicated focus on improving your bottom line. Our in-depth industry experience will guide you through the challenges of increasing reimbursements and optimizing returns on your investment. Our goal is to work closely with you along with your staff to increase income and overall improve your cash flow through excellent and efficient medical billing and collection services that will lead to your financial success. Remember, your success is our success.
Only 40% of claims are electronically processed
It is estimated that more than 6 billion insurance claims are filed each year or around 500 million claims per month. Of those claims, only 40% are filed electronically. About 60% are still filed manually or on a paper claim form called a CMS 1500 (formerly HCFA 1500). Medicare alone receives more than 500 million claims per year.
FACT: Electronic Claims Processing reduces payment turn-around time by shortening the payment cycle.
Also, electronic Claims Submissions formats have been mandated by Congress. You can help by providing electronic claims processing and medical billing services for all types of healthcare providers in the required format. We are not far from every practice using an EMR system.
Electronic Claims Processing and Medical Billing can reduce average error rates to less than 1 or 2% by filing claims electronically.
Paper claims contain errors which significantly reduces payment turn-around time. About 30 to 35% of all paper claims are rejected due to typos, errors and omissions. Electronic Claims are submitted to the carrier via modem after the claims are "scrubbed" which means they are checked for accuracy either by a billing service's software or a claims Clearinghouse.
This audit/edit process reduces the normal rejection rate of 30 to 35% down to around 1 or 2%. By checking electronic claims for accuracy up front, the claim is put in a payable status when it is received by the insurance carrier, thus reducing payment turn-around time.
Annual healthcare expenditures increase by more than 10%. Each year, for the rest of this decade, it is estimated that there will be more than 4 million babies born, 20 million children will be below age 5, over 4 million people will reach the age of 45, and more than 2 million people will turn age 65. The average person accounts for 6 physician encounters per year. More than 220 million Americans are covered by some form of health insurance. That's a lot of electronic claims processing services to provide!
Benefits of Electronic Claims Processing:
After years of discussion, Congress passed legislation on administrative simplification called the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This act signed into law August, 1997 calls for the electronic transmission of core financial and administrative transactions, including billing, electronic claims processing, eligibility, and payment and remittance advice.
We prepare and send all claims to the proper insurance carrier and ensure timely submission of each claim. Our company policy is to submit claims within 24 to 48 hours of receiving a super bill from our clients or transfer via electronically. Each claim is processed and scrubbed by our skilled medical billing staff and our up-to-date clearinghouse software, which ensures that the bill adheres to the Medicare’s (CMS) Local Coverage Determination (LCD) and other insurance medical billing guidelines.
We successfully appeal denials, follow up on outstanding claims and help achieve 100% reimbursement we make every effort to ensure that every insurance covered claim will be paid by an insurance vendor. Furthermore, to increase income, we will also bill and collect reimbursement from the patient, in accordance to the specified guidelines given by you, the provider.
DnD Billing & Credentialing is well versed in all HIPPA guidelines. Our HIPAA privacy officer ensures that all procedures in practice billing are tailored to specified insurance billing service guidelines.
In addition to Medical billing services, DnD Billing & Credentialing provides real time comprehensive reporting features that inform our clients the status of their claims. This provides for complete transparency of our dedicated work.
We hope to free the medical practitioner from the burden of medical billing and collection and virtually eliminate provider and patient payment confrontation. Our goal is to allow you to focus primarily on your patients and leave the practice billing and reimbursement to us.
AZ, United States
DnD Billing &