Chapter 3: Advances of Electronic Claims Flashcards
Electronic claims can be processed quicker than paper claims and paid sooner this is called?
Turnaround time.
What is the first benefit of electronic claims?
Providers can submit claims from anywhere.
What is the second benefit of electronic claims?
Editing provides earlier detection of billing errors prior submission of the claim to the payer.
What is the third benefit of electronic claims?
Postage, forms envelopes and excess staff labor eliminated.
What is the fourth benefit of electronic claims?
Electronic Claims Tracking is available to verify receiving the claim.
What is the fifth benefit of electronic claims?
Electronic remittance (paysment) post sonner to the provider’s account.