The millions of tests conducted daily to cater to all COVID-19 tests is phenomenal and outrageous. All the Medical Billing and Collection laboratories offering COVID-19 tests know this is good business. But this business lies on how efficient the collection service is. But is it really?
No matter how large the volume of these tests is and how many people come in to get tested in your laboratory, if the numbers are not yet reflected in your cash flow then these numbers are still a liability.
The medical community still continues to find new discoveries about this pandemic which just started more than a year ago. It hasn’t been long since we learned how to live life with a COVID-19 scare just around the corner. Which also means it’s new for everyone. Most insurance companies didn’t have these types of tests covered before, some amended their policies to cater to their clients, some didn’t. Yet because of the demand and the number of people getting tested daily, laboratories are expected to render on-time submission. They need to adjust the needed Be sure you have the tools and the manpower to make sure all these are delivered.
To ensure that these COVID-19 tests translate to really good business, you need to create a team dedicated to medical billing and collections to make ensure that you are paid on time for all the services you have provided to your patients. In outsourcing virtual assistants for medical practice, you are saving vital time and costs. The healthcare virtual assistants manpower handling your medical billing and collections should be able to help you collect bills and record them accordingly.
The medical and collection specialist is responsible for a broad range of billing functions by providing operational support through the full billing cycle: duties include collections, payment posting, billing, claim submissions, medical insurance communications, and other billing matters. Do not worry about delays due to lack of follow-ups and communication from insurance companies and patients, our healthcare virtual assistants will take over this task that will provide you with to assure you to have more time to provide personal care to your clients. in your own service facing clients.
