WORKERS COMP. BILLING
Privatization of the Workers Compensation industry, caused an influx of insurance carriers, in response to employers searching for new and cheaper coverage. This resulted in significant confusion about which payers are responsible for paying which claims. Patients are not provided with identification cards and do not know who their carrier should be. Worse yet, neither do a majority of the employers. Without this information, admissions staff is unable to input the correct insurance information, or bill the proper carrier.
To accelerate payment of workers compensation claims, facilities can assign accounts at the time of admission, or as soon as practical, so that FIRM’s staff may initiate the process of obtaining the authorization and maximizing payments. All claims will be verified, claim numbers obtained, and adjustors identified before the claim is billed.