To get paid faster, file your claims electronically. An electronic claim submitted to Medicare, for example, will generally be paid within 17 days. If the same claim were filed on paper, you would not expect payment for at least 30 days. Filing electronically not only increases your chances of getting paid quickly, but also allows practices to better monitor the payor’s receipt of claims via the confirmation/exception report.
For more information, see CMA's billing and collections toolkit, "Getting Paid: Strategies to Maximize Reimbursement—A Focus on Revenue Collection." The toolkit is available free to members at the members-only website.
Contact: CMA’s reimbursement help line, 888/401-5911.
