Submitting claims electronically means fewer errors
When you submit an insurance claim electronically, the claim goes through multiple levels of error checks. These error checks ensure that the information you have included on the claim is valid. Therabill will perform an inital error check looking for blatantly erroneous information or missing information. By checking the claim for errors within Therabill, a lot of errors will get caught before the claim is even submitted. This will save you valuable time. Therabill then routes the claim to a clearinghouse. The clearinghouse will then perform more error checks. If the clearinghouse detects an error, you will receive a message within Therabill letting you know what the error was and how it can be fixed and resubmitted. An error from the clearinghouse normally comes back within 24-48 hours. If the claim passes the clearinghouse error checks, then the clearinghouse forwards the claim to the insurance company. Before sending the claim into their adjudication system, the insurance company will also perform some error checks. If the insurance company detects an error, you will receive an error message within Therabill with instructions on fixing and resubmitting the claim.
Fewer claim errors means faster turn around
If their is an error on a claim that was submitted electronically, the error is caught within the first 24-48 hours and the claim is not entered into the insurance companies adjudication system. This means that you can quickly fix and resubmit the claim within a couple of days. Compare this to the paper claim submission method where the only error checks are done after the claim goes into the insurance companies adjudication system. It will often take 4-8 weeks for you to get the initial error message back in an Explanation of Benefits or Payer Claim Summary. You must then submit the claim again, going through the same process, often multiple times.
Electronic insurance claims are processed faster
You will get paid for your insurance claims much faster when you submit the claims electronically. Insurance companies process claims that were submitted to them electronically much faster than paper claims that they receive through the mail. On average, you will receive an Explanation of Benefits or Payer Claim Summary within 12-14 days of your electronic submission (the amount of time does vary by insurance company).
Reduce your paperwork
Electronic claims submission reduces your office paperwork burden. Therabill stores all claims you have created (electronic claims and paper claims) electronically in an easy to use filing cabinet.
Therabill is web based, your files are digitally stored on our server, you can easily access them from any computer that has internet access. There is no need for filing cabinets full of
CMS-1500 claim forms.
Electronic insurance claims save you money
When you submit an insurance claim electronically you save money on paper, printer ink, envelopes, stamps, storage space..etc. In addition to being a green alternative, submitting electronic claims can save you a lot of money.
Technical Requirements
For most downloadable software, the normal requirement list can be extensive. A lot of software only works on either Windows or Mac. Often the technical requirements can be so intensive for networking that you will need to hire an IT specialist to install your software. Not with Therabill.
Therabill is web based, your only requirement is that you have a computer (any computer), the computer has internet access and a modern web browser. By modern web browser, we mean any web browser that was realeased within the past 8 years. If you bought your computer within the past 8 years, then you most likely meet this requirement. Web browsers are free, therefore, there is no added expense if you need to upgrade your web browser.
Therabill works on any computer that has a internet connection (broadband strongly recommended).Therabill works on Windows and Mac. Therabill works with all modern browsers (Internet Explorer, Safari, Firefox, Chrome, Opera etc..).
You can still submit paper claims
Therabill is fully capable of creating pre-filled CMS-1500 claim forms for you for the times when you need to send a paper claim. Therabill creates two paper claim formats for you. The
red line CMS-1500 format has the red background already in the file. If you are printing a red line form, then you do not need HCFA paper. You just need to make sure your printer has red ink. Therabill will also create a
no line formatted CMS-1500. The no line format does not have any red background to it. You can print this directly on to CMS-1500 HCFA paper. In addition, a lot of insurance companies will accept no line claim submissions. This alternative can save you a lot in printer ink.
Start submitting electronic insurance claims today
You can be submitting electronic insurance claims within 5-10 minutes. The
Therabill 30 day free trial has no restrictions, submit as many electronic insurance claims as you want to any of our
insurance companies during your free trial.