NueMD is a medical billing software that helps users improve reimbursements by filing accurate claims. The software allows users to instantly verify insurance benefits and make billing adjustments, as well as follow up on accepted, rejected, and overdue claims. NueMD's billing services include handling insurance contracts, credentialing, and collections. The software also provides financial reporting tools that give an accurate picture of the practice's financial health. NueMD's insurance billing services include the NueMD Claims Module, which makes claims processing more efficient by automatically scrubbing and editing all claims against an updated list of federal, state, and commercial claims edits. The software also allows users to batch claims for electronic filing, transmit electronic claim forms, check the status of a claim in real time, and receive explanations of benefits.
Characteristics | Values |
---|---|
Does NueMD automatically bill secondary insurance? | NueMD does not explicitly state whether it automatically bills secondary insurance. However, it does mention that it helps with billing and reimbursements, and it can turn claims over to secondary plans.. |
Billing features | NueMD has several billing features, including the ability to file accurate claims, check claims against a database of common edits, and receive reimbursements quickly. |
Insurance claims processing | NueMD's claims module allows for efficient claims processing by automatically scrubbing and editing claims, verifying insurance benefits, and providing real-time status updates. |
Reimbursement management | NueMD helps manage reimbursements by allowing users to post insurance payments for multiple claims to multiple patient tickets simultaneously. It also provides financial reporting tools to give an accurate picture of the practice's finances. |
What You'll Learn
- NueMD's clearinghouse files claims directly with commercial and government payers
- NueMD's billing services handle insurance contracts and credentialing
- NueMD's billing software helps users recoup outstanding bills in 30 days
- NueMD's billing software helps users increase reimbursements with accurate claims
- NueMD's billing software helps users reduce time spent on paperwork
NueMD's clearinghouse files claims directly with commercial and government payers
NueMD's clearinghouse capabilities are part of its medical billing software suite, which includes features such as reimbursement management, patient statements and collections, reporting and analysis, and medical scheduling for providers. The software is designed to increase reimbursements and reduce the time spent on paperwork and waiting for insurance reimbursements.
The NueMD Claims Module streamlines claims processing by automatically scrubbing and editing all claims against an extensive and constantly updated list of federal, state, and commercial claims edits. This process ensures compliance with the National and Local Medical Determinations for Medical Necessity and the National Correct Coding Initiative (NCCI). The module also enables users to batch claims for electronic filing, transmit electronic CMS 1500 or UB04 claim forms, and check the e-filing status of a claim in real time.
Additionally, NueMD's clearinghouse provides instant insurance benefit verification with over 200 payers and delivers explanations of benefits (EOBs) directly within the platform. It also offers a clear snapshot of overdue claims, making it easy to follow up on accepted, rejected, and overdue claims. NueMD's clearinghouse capabilities enhance the efficiency of the billing process, enabling healthcare providers to focus more on patient care.
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NueMD's billing services handle insurance contracts and credentialing
NueMD's billing services include a team of seasoned medical billers and coders who ensure accurate claims processing. The software also handles credentialing, contract negotiations, and collections. It also provides on-demand account information, claims status, and customizable reports. With NueMD, you only pay for amounts received, not amounts billed.
The software's built-in clearinghouse files claims directly with commercial and government payers without the need for additional software. It also allows for instant verification of insurance benefits and easy follow-up on accepted, rejected, and overdue claims. NueMD's database of over 10 million common claims edits helps improve accuracy by automatically scrubbing claims and making edits before filing.
NueMD's billing services also include reimbursement management, patient statements, and collections. The batch payment module allows for easy management of multiple claim reimbursements and payments, and the electronic remittance advice feature automatically posts government and commercial payments, reducing paperwork.
NueMD's billing services are designed to streamline your billing process, increase reimbursements, and provide you with the tools and information needed to manage your practice's financial health effectively.
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NueMD's billing software helps users recoup outstanding bills in 30 days
NueMD's billing software offers a comprehensive suite of features to help users streamline their billing processes and improve their revenue collection. One of its key benefits is the ability to recoup outstanding claims quickly, usually within 30 days. This feature is particularly advantageous for medical practices, especially small and medium-sized businesses, as it helps improve their cash flow and financial health.
The NueMD billing software is designed to be easy to use and efficient, allowing users to focus more on patient care than administrative tasks. It automates and simplifies billing processes, ensuring that claims are accurate and submitted promptly. The software also handles credentialing, contract negotiations, and collections, further easing the burden on users.
One of its notable features is the NueMD Claims Module, which makes claims processing more efficient. This module automatically scrubs and edits all claims against an extensive database of federal, state, and commercial claims edits, ensuring compliance and reducing the risk of errors. The software also allows for batch processing of claims, enabling users to submit multiple claims electronically based on various criteria.
Additionally, NueMD's billing software provides real-time updates on the status of claims, including accepted, rejected, and overdue claims. This feature helps users stay on top of their reimbursements and quickly follow up on any outstanding payments. The software also offers reimbursement management, patient statements, and collections, further assisting users in streamlining their billing processes.
NueMD's integration with a clearinghouse is another advantage. This integration enables direct filing of claims with commercial and government payers without the need for additional software. The clearinghouse feature also speeds up reimbursement by filing electronically with major government payers, such as Medicare and Medicaid.
Overall, NueMD's billing software is designed to help users optimize their billing processes, increase reimbursements, and improve their fiscal health. By recouping outstanding claims quickly, usually within 30 days, the software ensures that medical practices can focus on patient care while maintaining a healthy cash flow.
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NueMD's billing software helps users increase reimbursements with accurate claims
- Easy-to-Use Interface: NueMD's billing software is easy to learn and use, with an intuitive design that makes navigating patient and practice data effortless. This reduces the time spent on administrative tasks, allowing users to focus more on patient care.
- Automated Claim Scrubbing: The software automatically scrubs and edits claims before submission, checking them against a database of over 10 million common claims edits. This results in cleaner claims with fewer errors, increasing the likelihood of acceptance and reducing the risk of audits.
- Built-in Clearinghouse: NueMD's built-in clearinghouse enables direct filing of claims with commercial and government payers without the need for additional software. This streamlines the claims process and expedites reimbursements.
- Instant Insurance Verification: Users can instantly verify insurance benefits with over 200 payers, making billing adjustments and follow-ups more efficient.
- Electronic Remittance Advice (ERA): ERA automatically posts government and commercial payments, instantly reflecting approved amounts, deductibles, and other relevant information in patient accounts. This reduces paperwork and provides secure cloud storage for account information.
- Batch Payment Module: This feature allows for the processing of insurance payments for multiple claims at once, streamlining the reimbursement process and reducing administrative burden.
- Reporting and Analysis: NueMD offers dozens of standard and customizable reports to help users track reimbursements, outstanding payments, and other financial aspects of their practice. This provides greater control over the practice's fiscal health.
- Scheduling and Appointment Reminders: By handling scheduling and sending automated appointment reminders, NueMD reduces no-shows and increases patient volume, ultimately contributing to higher reimbursements.
- Integration with EHR: Linking NueMD's billing software with its Practice Management software enables real-time updates to patient bills and seamless data sharing between billing and health records.
- Trained Billers and Coders: NueMD's team of seasoned medical billers and coders handle credentialing, contract negotiations, and collections. They ensure accurate claims submission, reducing the stress associated with billing and improving reimbursement rates.
By leveraging these features, NueMD's billing software empowers users to increase reimbursements, improve efficiency, and enhance their overall fiscal health.
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NueMD's billing software helps users reduce time spent on paperwork
NueMD's billing services can help users recoup outstanding claims quickly—usually within 30 days. The software also handles credentialing, contract negotiations, and billing, and users only pay on amounts received, not amounts billed.
NueMD's claims module makes claims processing more efficient. Before submission, NueMD automatically scrubs and edits all claims against its constantly updated list of almost 10 million federal, state, and commercial claims edits. The software also allows users to batch claims for electronic filing by a variety of criteria and check the e-filing status of a claim in real time.
NueMD's billing software also includes electronic remittance advice (ERA), which automatically posts government and commercial payments in seconds. Patient accounts instantly reflect approved amounts, deductibles, coinsurance portions, payments, rejections, and contractual allowances. This feature eliminates the need to scan paper remittance advice (RA) forms and ensures that all information is collected electronically and safely stored.
NueMD's billing software also includes reimbursement management features, which allow in-house and third-party billers to manage multiple claim reimbursements and payments easily and efficiently. The batch payment module allows insurance payments for multiple claims to be posted to multiple patient tickets at once, and patient balances are automatically ready for secondary filing or patient responsibility.
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Frequently asked questions
Yes, NueMD can automatically bill secondary insurance.
NueMD's billing services include credentialing, contract negotiations, and collections.
NueMD's billing software includes a Claims Module that makes claims processing more efficient. It also includes a Batch Payment module that allows insurance payments for multiple claims to be posted to multiple patient tickets at once.
NueMD improves reimbursements by filing accurate claims, reducing paperwork, and providing financial reporting tools that give an accurate picture of a practice's fiscal health.
NueMD's billing services can help to streamline your billing process by reducing the time spent on paperwork and waiting for insurance reimbursements. It also provides access to a team of seasoned medical billers and coders who can handle credentialing and contract negotiations with payers.