Saving Money:
- Reduce accounts receivables
by accelerating insurance reimbursements via electronic
filing, thereby increasing cash-flow with consistent,
dependable & reliable claims filing.
- Increase income by thorough
timely follow-up and timely reimbursement.
- Reduced costs in the
following areas:
□ Hardware, software, communication, maintenance or training
□
Supply costs (forms, patient
statements, envelopes, stamps,
print supplies, toner, phone charges, etc.)
□
Salary, social security,
tax on wages, employee benefit costs
(vacation, holiday, illness, leave of absence,
health insurance)
Saving Time:
- No downtime from equipment
failures, data loss, or time spend on coordinating repairs.
- No more paperwork for filing
claims and following-up.
- No more time spent on claim
error resolution and re-files
- No training time
Additional Benefits:
- Lowered overheads - no more
need to hire and train staff, pay Worker's Compensation and
benefits.
- Increase efficiency &
productivity - no more dealing with billing mistakes or
problems.
- Revenue enhancement -
streamlined processing and follow-up, fewer denials and
shorter cycle times, without losing control or oversight.
- Eliminate
back-logs - no more delayed billing or rejected claims.
- Quicker reimbursement -
decrease bad debts and increase speed of payments.
- Tracking - Easily track and
re-submit rejected claims properly.
- Risk reduction -
productivity, accuracy and turn-around guarantees with quick
starts for new clients.
- Rejection handling -
real-time rejection handling and aggressive insurance
follow-up.
- Postings - payment posting
from paper Explanation of benefits (EOB) as well as
Electronic Remittance Advice (ERA).
- Insulates you from
technology changes
- Improves staff morale - by
eliminating the aggravation when working with insurance
carriers.
- Helps you manage your
practice health - via monthly practice management reports
To see more benefits by
Preferred
Medical Billing
click
HERE!
(PDF)
Let's you and your staff focus on healthcare - WHAT YOU DO BEST!
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