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Electronic Claims Submission Toolkit

Automate your claims process to cut back costs and hassles

Save thousands of dollars a year while relieving your practice staff of some of its most tedious and time-consuming tasks. Too good to be true? Not if you use electronic claims submissions. Automating your claims submission process can:

  • Minimize claim rejections and resubmissions
  • Deliver your claims to health insurers in real time
  • Expedite payer responses and boost your cash flow
  • Free up time for revenue-enhancing functions, such as ensuring correct payment
  • Reduce your claims submission costs by over 55%

Savings

Cost to submit manual claims: $6.63 x 6,200 = $41,106
Cost to submit electronic claims: $2.90 x 6,200 = $17,980
Average annual savings per physician from automating claims sub
mission: $23,126*

* Based on an annual average of 6,200 claims submitted for a single physician. Source: Milliman, Inc., “Electronic Transaction Savings Opportunities for Physician Practices.” Technology and Operations Solutions. Revised: Jan. 2006

The benefits of electronic claims submission 

The AMA, in collaboration with the Connecticut State Medical Society, developed this resource to help physicians and their practice staff understand the electronic claim submission process, benefits, and offers tips on getting started with electronic claim submission.