Always be on the lookout for better ways to run your practice. For example, a surgeon may work with operating room staff to keep time between cases to a minimum. Any remaining time could be used to complete paperwork or check up on other patients. Billing better Fees should also be collected efficiently. Establish controls and procedures to ensure billings are accumulated, verified, and forwarded to the proper authorities as expeditiously as possible.
Many provinces now insist that claims be submitted electronically on computer diskettes.
In fact, some provinces such as Ontario, Quebec, Alberta, Nova Scotia and British Columbia have recently offered electronic billing services whereby claims are uploaded directly from the physician's office computer to the respective Department of Health. In most provinces, error reports can usually be downloaded within one to two days after submission, allowing physicians to review approved fees and make corrections in a timely manner. Although dedicated computer time and expertise are needed, electronic billing services do offer significant time and money savings. But the software can only increase your practice efficiency if you ensure that billings are compiled, billed and collected quickly and accurately. Not only are accurate bookkeeping and preparation of financial reports required by Revenue Canada, they also help control costs.