Get your hospital/practice's revenue health evaluated with our Revenue Analysis and Audi. Analyze one-year financial data and provide detailed insights on where your practice stands in terms of collections, unwanted write-offs, bad debts, and bottom-line loopholes where revenue leaks happen. We will help you determine collectible and non-collectible amounts and recover lost revenue from existing AR. Our survey showed that most practices lacked proper AR follow-up, resulting in decreased annual revenue. Don't make the same mistakes! Let BillingParadise streamline your billing process and provide you with the data in 24-48 hours.
We will start by evaluating your current Medical Billing process, then set goals such as increasing revenue and improving patient satisfaction. Our team will provide support to your staff wherever gaps occur and implement updated operation modules. Ongoing improvement will be made through regular evaluation and gathering of feedback for maximum efficiency and satisfaction. We will dedicate a separate team to address your existing pending AR and another dedicated team to focus on your current billing. Data from revenue analysis is then used to restore your medical billing operations to their former optimal functions.
Final step we will work closely with your practice manager or RCM director to develop and implement new SOPs that align with the latest industry best practices and standards. These SOPs will be designed to streamline the billing process, reducing errors and increasing accuracy, while also ensuring compliance with all relevant regulations. We will also optimize the use of EHR systems to ensure that they are integrated into the billing process. This will help to eliminate manual processes, reduce errors, and increase efficiency. Our team will train your staff on the use of the EHR system, as well as the new SOPs, to ensure a seamless transition to the new processes within a week.
Want only certain RCM processes to be handled? Fill your RCM process gaps without hassle using our Selective RCM process services.
Too many staff attritions? Or lack of staff to perform a high volume of RCM process tasks? Or need temporary staff to cover during your staff vacation days? Our Temporary RCM service is just what you need to hire experienced RCM staff for a short time.
First, compare what processes are covered in your current Medical Billing services with what we offer. We do not simply jump into the billing cycle processes.
Promises are just promises without results!
Is your outsourced medical billing service provider or in-house medical billing team promising your healthcare practice to increase revenue, streamline the RCM processes, avoid denials, and manage to create and submit huge volumes of claims? But how can they do all these tasks within one work day that is 6-8 hours?
Well, they cannot as their medical billing operations do not function 24/7. BillingParadise works 24/7. One such example of our 24/7 medical billing and RCM operations is we will be working during the night verifying patient eligibility for the next day's appointments, coding, and submitting claims on the same 24-hour TAT. This enables your practice to catch up with daily claim submissions and reimbursement.
Which specialty is your practice? Regardless if it is single or multi-speciality practice we have experienced medical billing staff that you can hire. We make it easy for specialty medical groups owners or RCM directors to struggle identifying the right speciality medical billing service provider. Select from our wide range of specialty-specific Medical Billing teams
The Final step is the EHR/EMR used by your practice. You need not change your EHR, Why do you ask? Because BillingParadise is specialized in major EHR and even the ones you haven't heard of. Serving various clients over 15 years have created a chance for use to provide excellent medical billing service with the current EHR/EMR you use.
Our EHR specific medical billing team has got you! Learn more about our EHR/EMR specific billing services
Teambillingbridge streamlines your revenue cycle with a user-friendly platform for automation, communication, and reporting. With detailed revenue cycle reports, project management, and account receivable tracking, you'll have all the key metrics in one place. Monitor individual productivity, set goals, and track progress with KPI metrics and production tracking. The platform also provides a range of reports, from charge and insurance payments to denials and appeals. Boost your revenue cycle and eliminate errors with Teambillingbridge's comprehensive solution
Days in Accounts Receivable (A/R)
Percentage of A/R Over 90 Days
Non-Contractual Write-Off Percentage
New Patient Ratio
Payer Mix
Referral Mix
Tracking of days in accounts receivable (AR).
Calculate the average hold time, wait time and time to appointment for established patients.
Analyses Total revenue and AR by provider.
Evaluate rejection and denial rates.
Number of patient encounters per provider monthly or quarterly.
RVU (Relative Value Unit) tracking.
Number of procedures performed per provider
Calculating total payroll as a percentage.
Calculate the average hold time, wait time and time to appointment for new patients.
Assess adjustments as a percentage and dollar figure.
KPI and daily, weekly, and monthly reports.
Transparency regarding outsourced or in-house RCM performance.
Designated project manager or supervisors to contact directly.
24-hour problem resolution TAT.Robotic Process Automation for Medical Billing Significantly reduces 60% of Medical Billing operational costs. Reduces costs of hiring more resources as well it will save your time.
Simplifying Medical Billing processes is the main objective of implementing RPA. Combining RPA technology with our Medical Billing Services will save you time and money.
We have specialized teams of medical billers and coders who hold speciality specific certifications to handle your billing and coding tasks
Hire one/combination of services/all, we at BillingParadise will meet your needs 100%
Get paid Three times faster with our 24/7 medical billing services.
Work with medical billers who understand your EHR's billing process backwards and forwards
Avail Free RCM Audit Worth $2,000! Check out 19 different KPI reports that stops your cash flow.
