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Without a strong Revenue Cycle NMB Management system in place you cannot properly manage this critical element of medical billing. If you are not managing your NMBs then you are most likely leaving more than 20% of your revenues uncollected.

Florida, FL (prHWY.com) September 27, 2012 - Florida, Sep 26, 2012 - Without a strong Revenue Cycle NMB Management system in place you cannot properly manage this critical element of medical billing. If you are not managing your NMBs then you are most likely leaving more than 20% of your revenues uncollected.

Healthcare Manager - Some medical billers believe NMB management is the same as follow-up, others believe NMB management is primarily geared towards dealing with issues around medical necessity. Many medical billing experts simply think as NMB management as a description for the overall billing process.

A good start to finding out if your practice is suffering from improper NMB management is to find out from your billing service (or in-house billing manager) how they manage NMBs and how they measure success in this area.

It is amazing how few medical billers or medical billing companies understand how proper NMB management will dramatically increase the revenue of a practice. They understand the value of working NMBs, but this is not the only secret to good NMB management. Working NMBs is like bailing water from a leaking ship - it can help keep the ship afloat, but ultimately you really need to fix the leak.

Health Informatics - Fixing core NMB problems and increasing collections requires keeping track of, understanding the magnitude of, and reporting on every claim that is denied by a payer. Tracking all NMB across all payers is critical. The proper NMB management system provides the data required to stop the root cause of problems and significantly increase the rate of first claim submission acceptance. If your practice is not measuring this level of detail then money, significant money, is being lost in the flood of denied claims pouring into your practice.

Three elements are typically missing from a practice or billing company's NMB management process: data, filtering/sorting methodologies and feedback to systematically correct errors. Most practice management systems do not properly track NMBs - at least not in the form in which they are typically used (i.e., they may have the capability, but only if properly implemented and used). Those PMs that do track NMBs typically overwhelm the practice with data that is difficult to utilize for high level NMB management.


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Healthcare Manager - National Medical Billing Inc. Services concentrates strictly on providing billing and coding solutions and is the fastest growing company in the industry.

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National Medical Billing Inc.
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