BC Advantage - 2009 Issue 11
Web-based medical claims clearinghouse enables orthopedics practice to slash days in AR
It's not unusual for a practice management (PM) system vendor to form a partnership or even share ownership with a clearinghouse service. Often, it's a good thing for both parties.But it might not be so advantageous for a physician practice. Such arrangements lock the practice into a single vendor for claims management. And, if that vendor is faulty, the revenue cycle suffers.Orthopaedic Associates of Michigan (OAM) found itself in such a situation not long ago. We had relied upon a reputable PM system for years, but it limited us to using proprietary claims processing software. Unfortunately, claims...
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