To be successful and meet the value expectations of the reform based healthcare environment, healthcare organizations need to follow a multi-pronged approach to contain costs, increase revenue capture and improve quality metrics.
It requires advanced business intelligence, top-of-the line revenue management strategies and a revenue cycle partner who is willing to roll with the punches to help you achieve optimal financial performance.
BillingParadise offers scalable, secure, customized, round the clock revenue cycle management services to healthcare organizations. We have the people, workflow and technology to help you reach your financial goals faster and easier. Not convinced? You’ve heard these lines before. Probably from a smooth talking sales executive or a PMS vendor who also wanted to palm off his incompetent revenue cycle management services to you. Well, here are 18 quick reasons why and how BillingParadise will work for you.
Scrutinizes insurer compliance with contractual terms and audit remittances.
Lists out top paying CPT codes so users know where to focus on to drive up revenue.
Inbuilt claims scrubbing tools to increase your first pass claim acceptance rate.
Maps denial reason codes to identify denial trends and address problem areas.
Prioritizes and organizes pending AR into buckets based on age, claim value & insurer.
Provides extensive net collection reports that detail insurer and patient collections.
"My hospital’s AR was growing at an alarming rate. ARAnalyzer created a platform for my denial management and AR calling teams to communicate. As it automatically categorizes AR it helped my teams to prioritize and work more proactively."
- Margaret Gomez, NY, hospital CFO
"Despite taking every possible effort we couldn’t lower the denial rate in our hospital. After automating the denial management process with DenialManager our denial rate is low and we’re able to study denial patterns more effectively"
- Jerald Peterson, denial prevention manager, Cincinnati
"I knew that contract management was one area where my medical practice fell short. ContractEdge has enabled us to negotiate better performing contracts and fee schedules"
- Kriya Adkins, CEO of a medical practice in New Jersey
"It is amazing how a little bit of automation can go a long way. With CodePro we automated our code scrubbing and work list allocation process. We’re seeing a huge increase in coding accuracy and efficiency now"
- Rhonda Anderson, Vice president and CFO of a California based hospital
"I found it difficult to keep tabs on my claims cycle. ClaimCheck has made tracking the status of my claims and analysing insurer-specific claims payment information easy".
- Sue Barnes, VP of finance and CFO of a hospital in Minnesota