Catching Unbilled Revenue with Kareo

Hello Kareolleagues, My name is Jason McDonald, Director of Sales at Kareo.  I’d like to take a moment to introduce myself.  I’ll be one of your hosts as we navigate the Kareo waters by virtue of this big orange blog-o-raft.  As one of your hosts, I will make it my mission to provide valuable information that you can quickly act upon to improve your practice with technology and process.  However, I hope that you also find this blog fun and interesting and that you appreciate my light hearted approach.  Without further ado, let’s get this party started!

This will be one of my shorter blog posts, but today I’d like to share a ‘quick tip’ to show you how to use Kareo’s medical billing software to increase your practice revenues by ensuring that you capture all charges associated with your patient appointments.  In today’s economic climate, it’s crucial to the viability of your practice that your providers are reimbursed for all of the time they spend with patients.  While this might seem like common sense, it’s a simple fact that office managers and medical billers still have trouble reconciling appointments with billed medical claims resulting in lost revenue to the practice. 

Well, I’m happy to show you how Kareo makes it simple to reconcile appointments with billed charges.  To do so, run the Missed Encounters Report from Kareo by selecting the menu item Reports > Encounters > Missed Encounters.  The report will display a list of all appointments that have been scheduled but not yet billed.  By making this report a staple of your weekly and monthly billing process, you can rest assured that your practice or medical billing business will never lose revenue from an unbilled charge.  If you are using Kareo’s scheduler and you do not currently use the Missed Encounters Report, then start today!  You’ll be one step closer to increased collections for your practice.

I hope you enjoyed my first blog post.  I look forward to being your electronic tour guide through the Kareo blogosphere.