Lytec Medical Billing Also Used In Chiropractic And Dental.
Among the many types of medical billing programs, the Lytec medical billing program is a windows based program that is used in many medical offices, chiropractor offices, dentists offices, and in medical services offices. All of the insurance companies have started to accept medical claims from medical facilities through a HIPAA compliant ANSI format. And this allows the medical facilities to be able to bill their own claims instead of having to pay a clearing house to pay it for them. A clearinghouse in the healthcare industry is a third party middleman that helps to be the bridge between the medical facility and the insurance company. It is used to audit the claims and then send them on. It used to be that the medical facilities would just take care of the medical aspect for the patient, fill out a claim, send it to the clearing house to audit and then it would be sent to the insurance company.
Today with the way technology has grown, medical billing programs such as the Lytec medical billing software has now allowed the offices to do it all themselves. The Lytec medical billing software uses a format exactly the same as the HCFA 1500 which is a physician bill and exactly the same format as the UB-92 which is a hospital bill. When the information is put into these print images, the Lytec medical billing software will then format them into the ANSI system so that they can be electronically billed. The benefits of using the Lytec medical billing software is that you will save and reduce costs because you won't be paying the hefty postage price for mailing out all of your claims. You will also increase the productivity of your staff because if you are using a clearinghouse for the auditing of your claims, it only takes one click to get the claim there and on to the insurance company. A large benefit for using the Lytec medical billing software is that you will get your money back a lot faster. The electronic claims will speed up the time that it takes for the medical facility to get their payment because you won't have to wait for mail time. When mail, there is usually a 45 to 50 day turnaround but doing your claims electronically will drop that time down to seven to 14 days which benefits the doctor immensely.
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