Today's medical billing industry is a highly
competitive environment. We have made investments in technology,
methodology and people and have gained expertise by obtaining
US training in all aspects of medical billing. Our knowledge
in medical billing and technology can help you obtain a competitive
edge and you can save on your current staffing related expenditures.
We believe in working with healthcare service providers and
medical billing companies, using their existing process and
software to give them prompt turnaround time on their data
processing functions with assurance of a high quality service.
Our Medical Billing Services include the following:
- Patient Demographics Entry
- Charge Entry
- Payment Posting and reconciliation
- Denial / Rejection Analysis
Our processors are well experienced in various types of Patient
Demographic sheets, Super bills, insurance card copies and
other input documents.
Demographic Entry:
Patient Demographic entry is a part of charge entry where
details pertaining to a patient are entered to patient data
base, such as Patient Information, Emergency Contact, Insurance
Information and Subscriber Information.
Charge Entry :
Charge entry is the process of capturing
the physician and treatment details into patient data base
from super bill or charge sheet.
Diagnosis Codes
- Procedure Codes
- Modifiers
- Service Dates
- Referral Information
- Accident Information
- Hospitalization Information
Payment Posting:
We post payments of all insurance carriers. Our processors
are experienced in EOB (Explanation of Benefits) of towards
the charges billed. We analyze partial payments and take corrective
actions.
Cash Posting Process :
- Check Details
- Check Amount
- Allowed Amount
- Paid Amount
- Project based Write-off/Adjustments
- Transfer of balance to next responsible party
With most hospitals and health centers themselves being on
financial life support, cash is king and the most efficient
way to remain solvent is not only to ensure accurate billing
but also efficient management of collections, AR and minimizing
write offs. Increasing malpractice insurance premiums, stringent
legislation of health and human services and the increasing
number of uninsured and underinsured patients in the US have
created an undue financial burden for hospitals and health
centers across the nation. Over half the hospitals in the
US operate either at breakeven or at a loss and this trend
will only continue to rise. As an integral part of Revenue
Cycle Management, Billing, AR Management and Recovery of AR
play a critical role. When managed efficiently and at a fraction
of your current cost, this will contribute significantly to
your bottom line. Improving your margin not only involves
increasing revenues, but also reducing costs. We can help
you reduce your cost by 30% or even more - volume business
from you will allow us to exploit economies of scale at our
end.
|
