No Headaches!
The Transition To MED-BILL Can Be Seamless!
Imagine for a moment a Health Care Professional who treats and loves their patients, and their patient’s love their provider. The patients look forward to seeing their providers without having to wait for a long period of time. They do not want to wait while the office staff may be on the phone answering billing questions for another patient. The patients want to provide their information, see their provider, check out and NOT have to worry about or deal with billing issues that follow their visit with inaccuracies/questions and untimely billing statements.
With MED-BILL “ALL” billing inquires no longer come to the practice, we take care of that and “ELIMINATE” phone calls to the practice about billing issues.
Your office staff can “TAKE CARE OF YOUR PATIENTS”.
We are HIPAA compliant, and ready to handle your entire billing function. Outsourcing is not the answer for every practice, but if you are not getting the return you expect, we may be able to help. Pricing is determined by an analysis of the current status of your practice.
Patient balances now make up 23% of a practice's A/R. This means it is crucial to collect from patients at time of service.
Advantages/Expectations of Utilizing Med-Bill
Cost Savings Realized By Practice Outsourcing
- No employee wages
- No employee benefits
- No employee taxes
- No billing question phone calls at your office
- No patient calls about claim problems
- No time-consuming phone calls to Insurance Companies
- More time to take care of YOUR patients
- Extra space in your office
Other Benefits Realized By Outsourcing
- Experienced billers with knowledge of every aspect of billing functions
- Total transparency of the billing function
- Superbills/claims sent right away
- Rejected/Denied claims worked daily
- Insurance payments in just 4 days with some insurance carriers
- Goal of insurance AR under 2% over 120 days
- Detailed notes on every claim issue
- Patient balances constantly worked
- Monthly closings with detailed reports
- Monthly analysis to improve profitability
Is Hiring A Billing Service The Right Decision For Your Practice?
The following questions can be helpful in assessing your current situation and identifying key decision points:
- Do you have confidence in your current billing process?
- Is your percentage of accounts receivable over 120 days greater than 15%?
- Are you seeing the same or increased number of patients but seeing a decline in revenue?
- Is your net collection rate declining?
- Are you experiencing a higher percentage of bad debt write-offs due to delinquent patient accounts?
- Do you experience a high rate of turnover with your in-house billing staff?
- Do you have difficulty finding qualified billing staff?
- Are you spending a lot of time on the billing process?
If you answered yes to any of these questions, you could benefit from outsourcing your billing.
The Bottom Line
The relationships we develop with Doctors, Front Desk Staff, and Office Managers are our strongest assets. Every person in our business model is important to achieve the success our client expects. We so enjoy using our “Southern Charm” to create smiles in every associate and practice contact in doing our job.