Policies and Procedures
Billing
Information
is received from the Practice via email, fax or mail. The staff at MGE
enters procedures and payments daily.
Claims
are processed via electronic submission or to paper on a daily basis.
Accounts
receivable reports are run on a weekly basis, with phone calls made to
insurance companies for claims outstanding over 35 days.
Payment
Statements are processed every week, phone calls are made to
patients with outstanding balances, and payment arrangements are
offered.
Month-End
& Year-End Reports
MGE
will provide the Practice with all Month-End and Year-End reports, which
will reflect the Month-To-Date and Year-To-Date charges, receipts and
adjustments.
Other reports
are available to the Practice as needed.
Coding
and Fee Schedules
The
experts at MGE will construct a coding and fee schedule to collect
maximum reimbursement for your procedures, reduce your receivable days
out, and increase your collection ratio.
We
implement RVU's using the GCPI method, utilizing the latest conversion
factors from the major insurance companies, enabling you to know exactly
how much your reimbursement will be.
