A Division of MedNet
We get results.
Consistently.
We Can Help Make It
Humanly Possible !
The New England Journal of Medicine states that a typical doctor’s overhead and billing
expense account for 43.7% of his/her gross income. This translates into an average cost
in wages and benefits of $51,564 per doctor. This does not include the hidden costs of
vacation time, insurance, training and the like.
Our mission is to bring efficiency and transparency to a portion of a physicians business that is generally obscured by antiquated software, and encumbered by numerous expenses. We help our clients to focus their time and energy on patient care rather than paperwork while providing a profitable predictable cost structure.
There are four core benefits clients receive:
1. Accelerated Payment Processing — Our team of certified professionals
combined with next generation electronic processing drastically reduces the time
it takes to collect payments
from the insurance companies
f rom sometimes
weeks to a few days.
2 . L o w e r C l a ims
Rejection Rates — The
rejection rate for claims
utilizing our service can
plummet from over 30% to under 2%.
3. Frees Your Time — This benefit is not always so obvious to physicians, but is
very significant nevertheless, studies have shown that a provider can spend
several hours each week communicating with insurance companies about
claims.
4. Helps Ensure Your Practice Claims are Complete — Through our certified
team checks to ensure procedures, labs, etc are billed in accordance with a
providers documentation
Becoming proactive to ensure accurate medical coding and auditing programs not only ensure quality billing but also help improve revenue.
Inaccurate coding and medically unnecessary services have been found to be the top two areas of improper payments. Our certified team can help you reduce your vulnerability by putting tools and advice into place to avoid the negative affects of an outside audit.
Our expertise is the difference. Based on our experience with coding and auditing, we have developed processes, guides and other supporting tools that address the coding needs to operate at maximum financial performance.
Our certified team of experts offer consulting services that can help facilitate compliant records, reduce the risk for audits as well as provide tools for rapid, accurate responses
to record requests and assistance with effective appeals.
CALL TODAY
1-888-880-8037
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Our client dedication begins with an advanced team of certified professionals. Members are AAPC (American Academy of Professional Coders) and have received their highest level of certification. They have also been trained by NAMAS (National Association of Medical Auditing Specialists) to ensure they understand rules and regulations to ensure coding and reimbursements are in conformity to current requirements.
Through nearly two decades of practice management experience, they are able to offer advice that often means dramatic improvements within the workflow and patient-flow within a practice. They are familiar with the realities and challenges of operating and working within a practice.
Unlike some billing companies, we do not charge a per claim fee, nor do we “piece meal” your charges. We simply charge a small percentage of what we collect for you, if we don’t collect you don’t pay. We offer far more professional services than “at home” or other conventional billing companies for much lower rates. Our fees are 6% to 8% depending on which services you choose.
Plain and simple, we want you and your practice to
succeed with maximum efficiency and profitability while
offering quality patient care.
We guarantee to accelerate your payments by as much
as 20 percent within the first six weeks after assuming
responsibility for the current claims we process on your behalf.
If we do not achieve this within the time specified, we will refund half of the percentage
fees you previously paid.
PERFORMANCE METRICS
> Average of 30 Days or less in Accounts
Receivable
> Average 98% Acceptance Rate for Claims
Submissions
> Claims typically submitted within 24 hours of
Chart sign-off
> 85% of your claims will be resolved within 60 days
> Reimburse any missed claims past deadline due
to our fault
