Medical Billing Clearinghouse and Electronic Claims Services
Medical billing clearinghouse services are designed to automate the revenue cycle process for health organizations. Among those services are clearinghouses that help you make the switch from paper, generating electronic claims for a cleaner, easier process. Simply put, claims that are sent electronically are paid much fast than paper claims. Claim errors are reduced to as low as 2-3%, compared to paper claims with an error rate of around 28%. Delivering real-time visibility through electronic claims services, Imagine’s medical billing clearinghouse services offer the necessary tools to proactively correct errors in claims, ensuring a high first-pass accuracy rate and helping to eliminate lost transactions. By providing practices with unprecedented visibility into their financial performance and an accurate clean claims ratio, thousands of medical practices across the country have reduced their A/R cycles to maximize revenue and increase operating efficiency.
The Imagine team will work with you to integrate these electronic claims services seamlessly into your existing workflow, making sure that your claims lifecycle is fully optimized. Reduce bad debt, lower administrative costs, and accelerate payments while monitoring performance to keep your fingertips on the pulse of your organization. Learn more about medical clearinghouses services.