Are you struggling with a sub-optimal revenue cycle? Most medical practices have finally woken up to the fact that implementing an EHR is just half the job done. To truly transform, optimize, accelerate and automate RCM processes one needs a trusted revenue cycle management partner.
BillingParadise, offers AdvancedMD users, services that will help tackle the challenges of today and tomorrow… Whether it is aligning our services to intersect with the value based payment environment. Or offering MACRA guidance we are always ahead of the curve.
Facility type: Group practice
Challenges: The medical group had just started conducting anesthesiology procedures and needed help billing them. Faced charge capture difficulties. High claims rejection rate.
How we helped: BillingParadise began with an onsite assessment to identify and prioritize revenue cycle issues. Our expert anesthesia billers and CANPC certified coders fortified the revenue stream of the group practice by billing for anesthesia procedures and optimizing processes across the claims continuum. Our proprietary charge capture software for anesthesia practices with inbuilt editing and communication features has helped the group practice capture 46% more charges.
This is what sets us apart
(3.99% of collections)
|Getting you a daily report on Patients’ Insurance Eligibility info, Procedure Eligibility info, Co-pay, Deductible, Insurance Pre-authorization info and Patients’ Pre-existing Condition info before 8:00 am local time.||Only Insurance Eligiblity Info is avaialble.|
|Medical Coding and Coding Analysis by dedicated specialty specific Certified Medical Coders (CPC) for maximum reimbursement and to zero down denials.|
|Creating clean claims.||7 expert podiatry billing teams who offer specialized services across the breadth of your entire billing cycle|
|Claim Scrubbing to zero down denials.|
|Transmitting claims to the insurance companies within 12 hours from the time of visit.|
|Acting on clearing house report instantly|
|Following-up with the insurance companies over the phone from the seventh day of claim transmission.|
|Posting the EOBs and ERAs.|
|Following-up with denied claims (Denial Management) and resubmitting claims on the same day||
but not on the same day
|Patient AR Management-Mailing-out patient statements-placing follow-up phone calls to get patients’ responsibilities collected.|
|Answering the patients’ questions on their responsibilities by having them call us on our dedicated toll-free number.|
|Access to summary/progress/analysis reports through iPhone/iPad/Blackberry.||
but access only to a few reports
There is a better option. At BillingParadise, you don’t have to deal with monthly minimum headaches, worry about start-up fees or pay for postage charges. But these are not the only reasons we are better than our peers.
We take care of your front end and back end revenue cycle processes. Right from, appointment scheduling, to denial resolution. We help you leverage and extract the most out of the staff, technology and workflow of your medical practice.
Our coders create individual code groups based on the ICD and CPT codes most used in your practice. You finally have workflow and revenue management solutions that work the way you do.
BillingParadise's technical team has created financial and analytical tools to study the revenue pattern of your practice and monitor key performance indicators. The RCM dashboards and reports generated through theBillingBridge act as a single point of truth and enable you to take key business decisions.
Get ready for value based care, a consumer directed healthcare market and the numerous uncertainties of a rapidly changing industry with the right ally by your side.
An answer for your every need
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We take care of your front end and back end revenue cycle processes. Right from appointment scheduling and eligibility verification to claim analysis and denial resolution, our AdvancedMD revenue cycle management services, have you covered. We help you leverage and extract the most out of the staff, technology and workflow of your medical practice.Read More
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