Meta Description: The medical billing process is complicated, and even the most experienced professionals can make mistakes. Here are 10 of the most common medical billing errors.
Are you a medical billing professional? If so, then you know that even a small error in coding or billing can cost you and your practice money.
To help you avoid costly mistakes, we’ve compiled a list of 10 medical billing errors that could cost you money:
- Not checking insurance eligibility before services are rendered. This is one of the most common mistakes made in medical billing, and it can be costly if the patient is not actually covered by their insurance. Always check insurance eligibility before rendering services to avoid having to write off the bill later.
- Coding errors. Another common mistake is coding errors, which can often happen when medical billing codes are not updated frequently enough. Make sure to stay up-to-date on the latest medical billing codes to avoid these mistakes.
- Claim submission errors. Another common medical billing error is claim submission errors, which can happen when claims are not submitted correctly or on time. This can often be avoided by using medical billing software, which can help to automate the claim submission process and ensure that claims are submitted correctly.
- Not following up on denied claims. When a claim is denied, it’s important to follow up with the insurance company to find out why and to appeal the decision if necessary. If you don’t follow up on denied claims, you could be leaving money on the table.
- Not billing for all services rendered. This is a common mistake made by medical billing professionals, as they may forget to bill for certain services that were rendered. Always make sure to bill for all services rendered to avoid leaving money on the table.
- Not tracking payments. It’s important to keep track of all payments made by patients, as this can help you stay on top of any medical billing errors that may have been made. If you don’t track payments, you could miss out on payments that are owed to you.
- Not keeping accurate medical records. Accurate medical records are essential for medical billing purposes. If you don’t have accurate medical records, it can be difficult to correctly bill for services rendered. This can often lead to errors and denials.
- Not using medical billing software. Medical billing software can help to automate the medical billing process and ensure that claims are submitted correctly. If you’re not using medical billing software, you could be missing out on important features that can make your job easier.
- Not staying up-to-date on medical billing changes. Medical billing is constantly changing, and it’s important to stay up-to-date on the latest changes. If you’re not keeping up with medical billing changes, you could be missing out on important information that could help you avoid errors.
- Not seeking help when needed. If you’re struggling with medical billing, don’t be afraid to seek help from a medical billing professional. They can often help you avoid common mistakes and ensure that you’re correctly billing for services rendered.
These are just a few of the medical billing errors that could cost you money. By avoiding these mistakes, you can help to ensure that your medical billing is accurate and error-free.