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Revenue Cycle Management Tool for billing service companies
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More than 6200 Billing Service Companies: 95% have less than $1 million revenue. |
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Largely represented by small businesses, until the recent Wall Street success of Athena Health. |
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Athena and other large players with global business model and FREE EMR software. |
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Small billing companies are losing clients to large companies. |
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Small billing companies find it hard to operate under pressure of operational cost, excessive paper trial and inefficient technology affecting profitability. |
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Results in lower sale value of less than 1x of revenue compared to 5x to 7x revenue for large players. |
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Are you experiencing the rising pressure of cost & competition? |
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Medical Revenue Management Tool
- Single-sign-on to all your practices.
- An amazing one dashboard that monitors Key Performance Indicators for all your practices. No need to run several reports in several accounts.
- Month-end Close Model.
- Open and Close Period (Month) to prevent activities in prior months.
- Reports to balance every practice prior to closing the month.
- Powerful built in Month-end reports that enables you to clearly measure your as well as your clients performance.
- Monitoring Reports - User Activities, User Write-offs and others to measure user productivity.
- Built in To-do list and Inter-office messaging.
A robust workflow based secure ticketing system
- Office can scan and store documents online.
- Incoming faxes automatically creates tickets with PDF attachments.
- Office can send e-mail/faxes that auto creates tickets.
- Create links with EOBs, Super-bills and other documents to refer scanned documents.
- You can assign tickets to staff to monitor, communicate with client and within the office. The system maintains complete audit trial.
- Monitor open tickets to effectively manage your office productivity.
- Manage everything through tickets, no lost items, nothing slips through the crack
Increase value proposition to your clients
- Effectively compete with large players who offer FREE EMR. PracticeSuite EMR has very eloquent charting tool with all the nuts and bolts to meet the needs of a practice at a fraction of the cost.
- Provide ePrescribing solution to your practice. Starting January 2009, Medicare shall provide 2% incentive to physicians using eRx.
- Office can scan and store documents online.
- Includes FREE scheduling system for your physicians.
- Integrated with physicians office that would ensure eligibility of visits, reduce paper trial and data entry.
Affordable and simple way to power your business!
- Review your revenue and forecast your business revenue based on collections and billing for all your clients at a single click.
- Claims Rules Engine - performs edits on claims against Payer Rules (powered by Code Correct ™).
- Pay as you use.
- Install in-house.
- Industry's most competitively priced.
- Use your existing clearing house or register with ours.
- Free maintenance, update and support.
- Roll your existing clients to our system without any disruption to the client cash flow.
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Start medical billing service from home |
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Click here to learn more about service >> |
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| Do you have difficulty in? |
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Keeping current with insurance specifications and regulations, so that claims are paid on a timely basis. |
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Concentrating on collecting receivables and co-payments. |
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Ensuring that fees were kept at the maximum allowable insurance carriers were paying. |
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Maintenance of computer hardware/software. |
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Ensuring that Procedure codes are current so that claims aren't suspended or rejected. |
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Meeting your cash goals. |
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Managing your post payment audit risks. |
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Staff turnover...Training and re-training, absenteeism |
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