Creating Fault-Free Form HCFA-1500 in Minutes
QuickPractice is steadily growing as one of the most recognized brands across the country and is helping hundreds of practices effectively automate many of their daily chores like medical claims management, physician billing and electronic insurance billing. Our electronic solutions, like the practice management software, can even help you transfer payments received directly into your QuickBooks checking account and/or income account eliminating DDE (double data entry), minimizing errors, and saving you countless time and money.
Our products and services promote informed decision-making, increased efficiency, and ultimately higher quality patient care at a lower cost. Available in three versions; Standard, Deluxe and Professional, our software solutions cater to different practice needs and provide you a host of features such as:
- Robust Reporting
- Sophisticated E-Billing
- Unsurpassed Security
- Instant Claim History
- Full Financial Statistics
- Extremely Fast Visit Entry
- Point & Click Insurance Billing
- Integrated Appointment Calendar
Apart from addressing a wide range of daily and specialty – specific requirements, our software also takes care of many other key issues such as HIPAA compliancy and fault-free filing of important documents like the form HCFA-1500.
HCFA 1500 – let QuickPractice file it right for you!
The HCFA1500 is a Health Insurance Claim Form and is sometimes referred to as the AMA (American Medial Association) form or the CMS-1500. The HCFA1500 is the prescribed form for claims prepared and submitted by physicians or suppliers (except for ambulance suppliers), regardless of whether or not the claims are assigned. Despite talk (and very limited progress) about the industry moving towards electronic billing, the HCFA 1500 continues to be the standard form to file claims by standard mail.
As the standard insurance form used to file insurance claims across the country, CMS-1500, addresses the needs of many health insurers. It is the basic form of the Centers for Medicare & Medicaid Services (CMS) for claims from physicians and suppliers for the Medicare program. The form HCFA-1500 is used to verify and determine a number of things like; does the Medicare patient have other coverage which must be billed prior to Medicare payment, or is there is a Medigap policy under which payments are made to a participating physician or supplier.
Undeniably, the error-free filing of the HCFA1500 is an important, albeit tedious process, and providers usually spend countless hours and dollars (in skilled work force) every month to ensure the timely generation and mailing of these HCFA 1500 forms. Even a minor fault in health insurance or personal detail could result in rejection.
QuickPractice addresses all of the above issues by intelligently programming its electronic billing software to assist with errorless filing of the HCFA1500. Not only does this save you going through mountains of paper to find specific information, it also saves hours in filing, checking and verifying data.
As an integral part of our unmatched quality, we at QuickPractice also make sure that all of our medical practice management solutions comply with all of the pre-requisites listed under HIPAA to ensure absolute legal compliance. We ensure this level of quality consistently throughout all of the products and services that we offer.
HIPAA Compliancy and QuickPractice
HIPAA or Health Insurance Portability and Accountability Act, is a United States regulation that gives patients greater access to their own medical records and more control over how their personally identifiable health information may be used. The regulation of personal information also addresses the obligations of healthcare providers and health plans to protect health information.
The Health Insurance Portability and Accountability Act came into force in 1996 and is intended to reduce the costs and administrative burdens of health care by making possible the standardized, electronic transmission of many administrative and financial transactions that are currently carried out manually on paper.
In general, the act covers entities such as health plans, healthcare clearinghouses, and healthcare providers that conduct certain financial and administrative transactions electronically, and hence, are legally obligated to comply with HIPAA regulations.
QuickPractice has been prompt in making sure that all of its services and products are HIPAA compliant and conform to the most recent rules and regulations. We make sure that all of the practice management solutions that we offer are incorporated with the latest standards on a timely basis.