Charge entry is a critical process in the healthcare revenue cycle that involves entering the appropriate data related to the services provided to a patient into the billing system. Accurate charge entry ensures that healthcare providers can submit clean claims to insurance payers, leading to timely reimbursements and minimizing denials. At Thrive Technologies, our charge entry services are designed to be efficient, accurate, and compliant with industry standards. We focus on capturing every service provided, ensuring the correct financial representation of care, which is essential for maximizing revenue.
Our team of specialists ensures that all the necessary details from patient encounters, including diagnoses, procedures, and services rendered, are entered into the billing system with precision. This step is crucial in the medical billing process, as any error in data entry can lead to incorrect claims, denials, or delayed payments.
We monitor the billing and payment cycle to ensure that all claims submitted based on our charge entry are processed without issues. If any rejections or denials occur, we immediately address them and take corrective action to resubmit the charges.
We ensure that all services provided to the patient are captured, including those that might otherwise be missed or underreported. This includes office visits, diagnostic tests, surgical procedures, hospital stays, and any other billable activities.
Once the charge entry process is completed and validated, the charges are submitted for billing. Our team coordinates with the billing department to ensure that the claims are processed quickly and accurately, leading to timely reimbursement.