SilverTree Health Overview, A Premier Medical Insurance Reimbursement Company - Presentation Transcript
Medical Insurance Reimbursement Unparalleled……. Unequaled David Greene, MD Director of Medical Relations
SilverTree History
Started by a physician who owned multiple pain management practices.
Through trial and error, realized implementing standard operating procedures for reimbursement techniques boosted his profits over 25%.
Did not have to increase patient volume or fees.
SilverTree Health consists of dedicated and qualified professionals that have a genuine and vested interest in your success.
Our success can only be reached if we fully ensure that your success is consistently achieved.
We have created better business practices to gain control and increase profits to give you more time for patient care.
Most business consultants agree that operating "the business" (billing, accounting, marketing, front/back office training, human resources, etc.) of a physicians office is roughly 80% of the practice as a whole.
We devote 100% of our time to that 80% of yours!
A Complete Medical Insurance Reimbursement and Business Development Company
Maximizing Experience
Our founder experienced the errors, fixed them by Leveraging Technology along with instituting Standard Operating Procedures.
Surrounded the Technology with first rate customer service and maximized revenue cycle.
Now we’re consistently boosting the profits of Medical Practices, ASC’s, hospitals, ER’s, Urgent cares, and MCO’s from 10-30%!
Result
End to end business reimbursement solution
Just the right combination of automated technology with the Human Touch
Web Based and Operationally Transparent to the client - actually gives more control than in-house billing.
Suite of Services
Professional Medical Billing
Medical Information Systems
Electronic Medical Records
Staff Quality Assurance Training
Marketing
Human Resources/Payroll
Accounting
Patient Support & Collections
Versatile
Integrates with practice’s EMR easily.
We customize the interface for patient scheduling and superbills however the practice desires.
Web Based, accessible by client 24/7 from anywhere. The client sees what we see!
Secure
Data is stored hourly in 11 time redundant Tier 1 secure servers.
Increases HIPAA compliance by 300%
The security and transparency virtually eliminates risk of data theft, loss, or embezzlement.
What if this was your office --- and your data had been in it!!!!
Technology
Our system is integrated into EVERY US Insurance Company.
Rules Engine updated Hourly ensures first rate Claim Scrubbing from top to bottom.
We GUARANTEE minimum 95% First Pass Claim Acceptance across every medical specialty!
E-health Initiative
Legislation mandating providers will need to submit claims and medical necessity info electronically and have vehicle to receive fund remittance electronically as well.
Will be instituted nationally within the next 2-3 years.
We’re READY NOW and will make you COMPLIANT!
Customer Service
Each client assigned Medical Billing Account Coordinator (BAC) who implements Standard Operating Procedures.
The BAC handles all patient billing questions and communication with insurance companies, boosting productivity for the client.
Automation plus BAC plus Standard Operating Procedures = Unparalleled, Unmatched Client Outcomes!
Outcomes
5-10% improved collections per provider
99.1% Collections on Net Billings (Allowable Charges) within 45 days. Our average is 19 days -- Unheard of!!!
Get paid up to 33% faster
Guaranteed 95% minimum first pass Claim Acceptance (Natl average under 75%)
Services
Gold (Subscription) Service
We run your claims through SilverTree’s Rules Engine Guaranteeing 95% minimum claim acceptance. You take over from there. Available for flat monthly fee.
Platinum Service
Our most popular service. Provides End to End Reimbursement solution. Includes scheduler, Rules Engine with minimum 95% first pass claim acceptance, full customer service support for patients and insurance companies along with active collections.
Our Fees
Gold Subscription Service
Flat monthly fee (unlimited claim submission)
Platinum Service
Based on amt of claims and total collections.
Minimum Client Profit Gain we’ve seen after our fees washed out = 11%
SilverTree Claim Scrubber in Action
Reports
Over 220 reports available to client from anywhere, anytime.
Since client platform is same as SilverTree’s and service is Web Based, transparency makes reports accurate and meaningful.
Even track allowed charges versus what’s being paid to catch insurance company payment errors!
Getting Started
We start with a Needs Analysis, which identifies areas where we can help (or our affiliates).
Once engaged, our proprietary start-up method ensures no bump in collections.
Within 3-4 weeks, we achieve the Go Live point.
Our company works with previous reimbursement company to ensure seamless transition.
SilverTree Completes the Revenue Cycle! Customization Go Live Encrypted Data The Cleaner BAC Collections Revenue Reports Profit!
Affiliate Program
Based on Fair Exchange
Allowing us to assist your clients will result in Recurring Monthly Residual
Monies can go to Affiliate or charity
We will assist in promotion of your services/offering as well.
We will ALWAYS work with our affiliates, never against!
Affiliate Program
By working together, we can ensure a Win-Win-Win for you, us, and most of all
OUR CLIENTS!!!
As mentioned, SilverTree will always respect the offering of our affiliates to work with you, NEVER AGAINST!!
SilverTree Health Superior Service Guarantee
Our Guarantee legitimizes and robustly ensures that we are thoroughly committed to our mission of excellent client support and service.
Contact Information
For additional information, such as a Live Demo, Case Studies, Marketing Info, etc. please contact:
SilverTree Health is a top tier medical insurance r more
SilverTree Health is a top tier medical insurance reimbursement company. Much more than your standard billing company, SilverTree incorporates automation along with Individual Client Service to serve as an end to end reimbursement solution. Our statistics for boosting profits are unparalleled in the industry. less
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