9 tools for a successful switch to ebilling of workers’ compensation claims

Electronic in stead of paper billing of workers’ compensation claims decreases administrative costs, reduces the time it takes to submit bills, and helps you get paid faster. Just regular ol’ ebilling.

But, how do switch from manual billing to medical ebilling ? Thankfully the American Medical Association (AMA) developed a toolkit to  switch to ebilling of workers’ compensation claims. Similar to the E-invoicing Toolbox.

Workers’ Compensation, Property and Casualty eBilling Toolkit

This toolkit shows how electronic billing (eBilling) for workers’ compensation bills can dramatically cut your practice’s billing and payment cycles, while improving your interaction with payers by:

• replacing paper bills and attachments with electronic health care transactions that, in many cases, can be sent through their existing practice management system, billing service and/or clearinghouse vendors
• minimizing bill rejections by electronically submitting claims and attachments in one electronic submission
• increasing cash flows by eliminating multiple submissions via mail, and freeing up time for revenue-enhancing functions, such as ensuring accurate payment
• reducing your bill (claim) submission costs by over 55%
  • cost to submit manual bills (claims): $6.63 x 6,200 = $41,106
  • cost to submit electronic bills (claims): $2.90 x 6,200 = $17,980
  • annual savings per physician from automating bill (claims) submission: $23,126*

Resources in the ebilling toolkit

So what resources have found their way into the ebilling toolkit? We introduce to you:

1. Workers’ Compensation State-Specific Resources
   Use the interactive map to learn how to submit a Workers Compensation bill in each state.
2. “Workers’ compensation eBilling-A rapidly evolving solution to a historic revenue cycle headache!”
3. “How to automate your Workers’ Compensation claims”
4. “Getting started: Five easy steps on how to automate workers’ compensation processes”
5. “Evaluating your practice’s situation: Workflow considerations for automating workers’ compensation health care transactions in the physician practice”
6. “Questions to ask a workers’ compensation payer before enrolling in an electronic health care transaction program”
7. “Questions to ask a practice management system, billing service or clearinghouse vendor before enrolling in a workers’ compensation electronic health care transaction program”
8. “Workers’ Compensation Glossary-Understanding the Language”
9. “Workers’ compensation vendor directory”