What is eBilling?
Well, it depends on who you ask. Technically if you receive and pay bills online or electronically, you are ebillng. But ebilling differs for every industry and every system. Some government agencies create and require their contractors, consumers, and attorneys to submit invoices through a system that only requires one to input data.
What is the difference between medical billing and legal billing?
Submitting medical claims electronically to insurance companies and other payors is an important part of the medical billing process. It's also necessary to verify a patient's insurance coverage and keep track of payments until they are received by the medical facility. These steps help ensure that medical bills are processed and paid correctly, which benefits both patients and healthcare providers.
When it comes to legal eBilling, there are a number of different systems that are commonly used by corporations. These systems typically require users to input their billing information and attach a PDF copy of the invoice for review and approval. It can be an in-depth process, arguably equal to or more difficult than submitting medical claims electronically; but it's still an important part of ensuring that bills are processed and paid correctly.
What is LEDES?
When it comes to submitting legal bills through ebilling systems, there are various options available. Some systems, require or have the option to submit LEDES (Legal Electronic Data Exchange Standard), which requires users to create and use industry-standard file types for time entries. This helps to ensure that the billing process is streamlined and efficient, allowing for accurate review and payment. While it may be a more involved process than mailing or emailing invoices, it's an essential aspect of managing legal expenses for corporations.
What are the benefits of LEDES?
Submitting legal bills through ebilling systems, such as LEDES, provides a uniform process for reviewing time and cost entries. This allows clients and legal teams to quantify their spending on matters, categorize and report different matter types and work types, and review past billed and paid invoices in detail. It's an essential aspect of managing legal expenses for corporations and helps to ensure that the billing process is streamlined and efficient for accurate review and payment.
What is UTBMS?
When submitting legal bills through a LEDES-based system, it's important to use task, expense, and activity codes created and maintained by the American Bar Association in combination with the system. The Uniform Task-Based Management System (UTBMS) provides standardization to the billing process and there are specific codes for different matter types. To find the current UTBMS codes, you can click HERE and check the ABA website regularly for updates.
If you need help with ebilling projects, the Smart eBill Team Consultants are available to provide educational tools and services to improve electronic billing practices. They offer training materials, remote electronic billing services, in-house or virtual e-bill training, and consultation. Contact Smart eBill Team today for more information.
