Precision Billing - Medical Billing Services Melbourne
Frequently Asked Questions
Precision Medical Billing Service only applies a small processing fee to the face value of all of the invoices that we process. There is no set up cost or initial fee to commence using Precision Medical Billing Service.
Can you make claims to all kinds of funds?
Yes! We submit claims to Medicare, Veterans Affairs, Workers Comp, and other health funds. Please note:
- We can submit bulk billed/Veterans claims (in- or outpatient claims) where the date of service is no more than 2 years old.
- We can submit health funds claims (inpatient claims only) where the date of services is no more than 2 years old and your provider number was registered with the health fund before the date of service.
Does the money from health fund claims go to you?
No, the money from Medicare, Veteran’s Affairs, and all other health funds gets deposited directly into your nominated bank account. We will send you an invoice at the end of each month for our services.
Can I send you a backlog of claims?
Of course, please do! We love helping you get caught up. We can submit claims as long as they’re no more than two years old. For health fund claims (inpatient claims only) your provider number has to have been registered with the health fund before the date of service.
When will I get paid?
Payment timelines from health funds vary, but here are the averages:
- Medicare online–claims are paid within 2-4 business days, except pathology claims.
- ECLIPSE–health funds in-hospital claims will be paid within 3-4 weeks, with most funds paying within 2-4 business days.