Many medical practices consider outsourcing their billing at some point. There are a lot of good reasons to look at this option, including staff changes, lack of qualified billers in your area, a complex specialty, and reimbursement changes like ICD-10. When opting to outsource choosing the right partner is critical.

1. PAGE 1 KAREO | @GoKareo
Considering Outsourcing Your Billing?
Check Out Kareo Medical Billing!

2. PAGE 2 KAREO | @GoKareo
Your Hosts Today
Rachel Ibbetson
Sales Engineer
Rossana Fernandez
Product Marketing Manager
Lea Chatham
Content Marketing Manager

3. PAGE 3 KAREO | @GoKareo
Our Agenda for Today…
1 What You Should Look For
2 ICD-10 Preparedness
3 Kareo Medical Billing
4 About Kareo

4. PAGE 4 KAREO | @GoKareo
Simple Assessment
 Are you a new practice?
 Solo/small practice?
 Is billing for your specialty especially complex?
 Turnover or a lack of qualified talent in your area?
 Are your billing processes efficient?
 Need more time for patient care?

5. PAGE 5 KAREO | @GoKareo
What to look for in a service
 Costs
 References
 Data
 Expertise
 Professional affiliations
 HIPAA-compliant
 Dedicated contact
 Transparency
 Technology/Cloud-based
 Mobile applications

6. PAGE 6 KAREO | @GoKareo
Evaluating Costs
Percentage range for volume-based pricing
Work harder on your behalf
Get paid when you get paid
Compare against total cost:
 Staffing
 Turnover
 Technology
 Training
 Lost revenue?

7. PAGE 7 KAREO | @GoKareo
Technology
 Web
 Cloud-based
 Mobile applications
 Secure messaging
 Regular updates at no charge
 Integration with your EHR
 Patient payments (online, phone, and in person)

8. PAGE 8 KAREO | @GoKareo
Experienced & Focused
 Specialty expertise
 Dedicated contact
 Provides transparency
 Experienced
 Reviews (service & technology)

9. PAGE 9 KAREO | @GoKareo
Our Agenda for Today…
1 What You Should Look For
2 ICD-10 Preparedness
3 Kareo Medical Billing
4 About Kareo

10. PAGE 10 KAREO | @GoKareoPAGE KAREO | CONFIDENTIAL
Why Engage Patients?
Many experts are suggesting that you
should expect to see a reduction in
productivity and revenue for about 3-6
months of up to 30-50%.

11. PAGE 11 KAREO | @GoKareo
How is ICD-10 different?
ICD-9-CM ICD-10-CM
3-5 characters in length 3-7 characters in length
Approximately 14,000+ codes Approximately 69,000+ codes
First digit may begin with (E or V) or
numeric. Digits 2 - 5 are numeric
Digit 1 is alpha; digits 2 - 7 are alpha or
numeric
Limited space for new codes Flexible for adding new codes
Not enough detail Very specific
Lacks laterality (RT or LT) Has laterality
Difficult to analyze due to non-specific
codes
Specificity will improve the accuracy
and depth of data for analysis
Cannot exchange data with other
countries for research
Supports the exchange of healthcare
date between other countries (Canada,
Germany, others and U.S.)

12. PAGE 12 KAREO | @GoKareo

13. PAGE 13 KAREO | @GoKareo
ICD-10 Expertise & Billing Services
 Alleviate billing & administrative burden
 Specialty claims support
 Monitor claim status end-to-end
 Software ICD-10 ready
 Timely follow up
 Get you paid!

14. PAGE 14 KAREO | @GoKareo
ICD-10 – Technology

15. PAGE 15 KAREO | @GoKareo
Our Agenda for Today…
1 What You Should Look For
2 ICD-10 Preparedness
3 Kareo Medical Billing
4 About Kareo

16. PAGE 16 KAREO | @GoKareo
Kareo Medical Billing: Web, Mobile & Messaging!
 Web and mobile
 Calendar, patient check in
& MAC enabled
 Secure messaging
 Revenue cycle
performance overview for
greater visibility into billing
& collections lifecycle
 Account Manager support
and delivery of reports

17. Product Solution Overview

18. PAGE 18 KAREO | @GoKareo
Our Agenda for Today…
1 What You Should Look For
2 ICD-10 Preparedness
3 Kareo Medical Billing
4 About Kareo

19. PAGE 19 KAREO | @GoKareo
Discover Kareo’s Role
• Kareo Billing Services
• All-inclusive pricing
• Software included
• Free upgrades
• Dedicated Account
Manager
• Customer Success
Coach
• Free training &
support
• Pricing
• Percentage of your
monthly collections

20. Thank You For Your Time!