What is the average turn-around-time for billing a service to payment of service to the group?
A. This will vary from payer to payer and will be dependent on the completeness of the information received about the service and the patient. It will also be dependent on the type of carrier and if the claims are billed electronically. The industry standard for turn-around time to Medicare and Medicaid is approximately 30 days and for Commercial payers it is 45 days.
Related Questions
- How will the billing be handled for an employer-administered Section 125 group plan? If payment is required in advance, will employers be fronting money for employee deductions not yet taken?
- Can I pay more than the billing statement amount using the Wawanesa Online Payment Service?
- Does the payment go to the provider or the billing service?
