Medical Billing Company Reduces Anesthesia Denial Ratio with ecare Support – ...ecare India
A medical billing company in Florida was experiencing high denial rates for anesthesia claims due to issues like missed timely filing limits, outdated provider credentialing, and a lack of denial management and accounts receivable follow up. Ecare analyzed the company's billing processes and identified the root causes of denials. They prioritized addressing denied claims, updated credentialing information, and created streamlined billing protocols. As a result, Ecare was able to significantly reduce denial rates and increase collections for the client over time.
Cardiology Practice Increases 38% in one Month with e-care’s RCM Supportecare India
This document discusses how a cardiology practice in Texas was able to increase their monthly collections by 38% after partnering with Ecare for revenue cycle management services. When Ecare took over billing processes in July 2021, they identified issues with charge scrubbing and procedure/ICD-10 coding that were negatively impacting collections. Ecare addressed these issues and also deployed teams to complete EFT requests, manage denials, and obtain necessary authorizations, which resulted in AR days dropping from 52 to 33 and monthly collections rising from $47,000 to $65,000.
INTERNAL MEDICINE PRACTICE INCREASE COLLECTIONS WITH “ECARE’S” E2E MEDICAL BI...ecare India
we provide a Quick resolution to denials and brought the AR days down to 31 days #internalmedicine #Medicalbillingindia #medicalbillingservices
https://www.ecareindia.com/case-studies.html
Accurate data mining is the best thing in medical billing services, MGSI providing and helping physicians and medical practices with Tops ideas to improve medical billing services.
https://www.mgsionline.com/medical-billing-and-collections.html
#MedicalBillingCollections
Medical practices lose a lot of money when they don't deal with denials and underpaid claims. By revising and appealing with the payer, a procedure known as AR recovery is used to pursue denied claims with an insurance company until full reimbursement is received.
MDeverywhere is a physician-centric revenue cycle management company that aims to increase practice revenue through various services. They provide a fully integrated practice management and electronic medical record system to over 3,200 physicians. Their software uses rules engines to automate eligibility checks, reduce claim denials by 90%, and ensure compliance with payor contracts. This increases revenue by 5-15% on average through decreased denials, PQRI and e-prescribing bonuses, enforcing payment rules, and growing patient volume. The software also offers management reports and visibility into patient accounts.
Looking for Denial Management and Accounts Receivable Specialist? Reach out t...ecare India
The California billing company was facing challenges with inefficient claims processing, denial management, and accounts receivable follow-up that was negatively impacting revenue. An analysis by Ecare identified a lack of streamlined processes for reimbursement tracking, aging accounts receivable, and reducing denials. Ecare implemented solutions like dedicated resources, clear communication protocols, and issue tracking to reduce denied claims backlogs and clear aging AR buckets, resulting in increased monthly collections and client satisfaction.
FQHC Denial Management Solution for Aging AR and Financial Losesecare India
This document discusses challenges faced by a large FQHC practice in Massachusetts providing family medicine, internal medicine, and pediatrics services. The practice was experiencing high numbers of unpaid claims over 91 days old due to denials from Medicare for unsubmitted cost reports and incorrect vendor IDs on filed claims. Ecare assisted by identifying these issues, helping submit cost reports to receive over $81,000 in pending payments, and correcting the vendor ID to refile previously denied claims, collecting an additional $88,000 for the practice.
Medical Billing Company Reduces Anesthesia Denial Ratio with ecare Support – ...ecare India
A medical billing company in Florida was experiencing high denial rates for anesthesia claims due to issues like missed timely filing limits, outdated provider credentialing, and a lack of denial management and accounts receivable follow up. Ecare analyzed the company's billing processes and identified the root causes of denials. They prioritized addressing denied claims, updated credentialing information, and created streamlined billing protocols. As a result, Ecare was able to significantly reduce denial rates and increase collections for the client over time.
Cardiology Practice Increases 38% in one Month with e-care’s RCM Supportecare India
This document discusses how a cardiology practice in Texas was able to increase their monthly collections by 38% after partnering with Ecare for revenue cycle management services. When Ecare took over billing processes in July 2021, they identified issues with charge scrubbing and procedure/ICD-10 coding that were negatively impacting collections. Ecare addressed these issues and also deployed teams to complete EFT requests, manage denials, and obtain necessary authorizations, which resulted in AR days dropping from 52 to 33 and monthly collections rising from $47,000 to $65,000.
INTERNAL MEDICINE PRACTICE INCREASE COLLECTIONS WITH “ECARE’S” E2E MEDICAL BI...ecare India
we provide a Quick resolution to denials and brought the AR days down to 31 days #internalmedicine #Medicalbillingindia #medicalbillingservices
https://www.ecareindia.com/case-studies.html
Accurate data mining is the best thing in medical billing services, MGSI providing and helping physicians and medical practices with Tops ideas to improve medical billing services.
https://www.mgsionline.com/medical-billing-and-collections.html
#MedicalBillingCollections
Medical practices lose a lot of money when they don't deal with denials and underpaid claims. By revising and appealing with the payer, a procedure known as AR recovery is used to pursue denied claims with an insurance company until full reimbursement is received.
MDeverywhere is a physician-centric revenue cycle management company that aims to increase practice revenue through various services. They provide a fully integrated practice management and electronic medical record system to over 3,200 physicians. Their software uses rules engines to automate eligibility checks, reduce claim denials by 90%, and ensure compliance with payor contracts. This increases revenue by 5-15% on average through decreased denials, PQRI and e-prescribing bonuses, enforcing payment rules, and growing patient volume. The software also offers management reports and visibility into patient accounts.
Looking for Denial Management and Accounts Receivable Specialist? Reach out t...ecare India
The California billing company was facing challenges with inefficient claims processing, denial management, and accounts receivable follow-up that was negatively impacting revenue. An analysis by Ecare identified a lack of streamlined processes for reimbursement tracking, aging accounts receivable, and reducing denials. Ecare implemented solutions like dedicated resources, clear communication protocols, and issue tracking to reduce denied claims backlogs and clear aging AR buckets, resulting in increased monthly collections and client satisfaction.
FQHC Denial Management Solution for Aging AR and Financial Losesecare India
This document discusses challenges faced by a large FQHC practice in Massachusetts providing family medicine, internal medicine, and pediatrics services. The practice was experiencing high numbers of unpaid claims over 91 days old due to denials from Medicare for unsubmitted cost reports and incorrect vendor IDs on filed claims. Ecare assisted by identifying these issues, helping submit cost reports to receive over $81,000 in pending payments, and correcting the vendor ID to refile previously denied claims, collecting an additional $88,000 for the practice.
Akshar MediSolutions is an all-in-one medical billing company that offers a full suite of healthcare services. We have a dedicated team of world-class experts who are ready to help in your business make more money, get paid more quickly, and have fewer claims denied. Our experts take care quickly of your old accounts and follows up on all your claims to make sure you get paid on time.
With e-care’s end to end RCM Services; Cardiology Practice in TX Increases Co...ecare India
This client was a cardiology practice in Texas that was facing challenges with cardiology billing and coding. Specifically, they were missing documentation of time spent on smoking cessation counseling, which affected coding and charges. They also lacked processes to effectively report additional services. After Ecare took over revenue cycle management in July 2021, they performed an audit and identified opportunities. Ecare provided education to the provider on enhancing documentation to capture counseling time. This allowed Ecare to code for these services, increasing monthly revenue by over $10,000 and average services billed per month from 2500 to 2650.
This presentation discusses revenue cycle management services including appointment scheduling, patient enrollment, eligibility verification, pre-certification, medical coding, billing, claims submission, payment posting, accounts receivable management, denial management, medical transcription, and document management. The presentation emphasizes accurate and timely processing to maximize reimbursements and improve cash flow. Services are provided using experienced staff and secure technology to efficiently handle the revenue cycle for healthcare practices.
This document provides an overview of medical billing services. It discusses how medical billing can help doctors by handling insurance paperwork and administrative tasks, allowing them to spend more time with patients. The company claims to have 40 years of healthcare experience and can handle all aspects of the revenue cycle management process from credentialing to billing to collections. They work with multiple EHR systems and specialties. Key benefits include increasing net collections, reducing days in accounts receivable, and improving the billing process overall. Risks and mitigation strategies are also outlined, as well as the transition process and importance of quality assurance.
Outsourcing medical billing services will avoid overbilling, make claim submission faster, and maximize your cash flow. mgsi is the best solution for all your medical billing services
Zawna Health provides medical billing and coding services to healthcare facilities. They have over 99% patient satisfaction rates and allow their clients to focus on patient care while ensuring bills are paid on time. One client said working with Zawna has simplified their billing process, increased revenues, and decreased days in accounts receivable. Zawna handles transcription, coding, billing, accounting, and follows up extensively to maximize claim reimbursements for their clients.
This document summarizes the various medical billing and practice management services offered by the company. They aim to maximize reimbursement through experienced staff and a focus on accurate coding, billing and insurance follow-up. Their full suite of services includes appointment scheduling, registration, eligibility verification, coding, billing, payment posting, accounts receivable management, and medical transcription.
HIMSS - Optimize Your Patient Portal for Patient EngagementBret Wagner
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e-care helps fix “Podiatry Billing” Challenges & Generate More Revenue!ecare India
Understanding the challenges faced by our client and after identifying the primary reason with our strategical approach our team worked out on a streamlined process
Reducing Billing Errors: How Medical Billing Services Can Improve Financial S...OmniMD Healthcare
These days, it is essential that healthcare providers remain capable of fulfilling ongoing operational costs and remain financially viable. So, medical billing services are vital in helping healthcare providers sustain financial stability and stay afloat in today's uncertain times.
How One Practice Transformed Revenue with Outsourced Medical Billing Services?Matthew Clark
In today's increasingly complex healthcare landscape, medical practices need help maintaining a steady revenue stream. However, one method achieved a remarkable revenue transformation by leveraging the benefits of outsourced medical billing services. In this blog, we'll explore the key factors contributing to this practice's revenue transformation and discuss the advantages of outsourcing medical billing services for small practices financial success.
MDeverywhere is a physician-centric revenue cycle management company that offers various interfaces, workflow automation tools, and rules-based solutions to help increase physician revenue. Their solution utilizes rules engines, eligibility checks, payor contract compliance reviews, and patient recall/marketing programs to reduce claim denials by 90% and increase revenue by 5-15%. They provide web-based practice management software with reports, dashboards, and workflows to give clients improved visibility and control over their revenue cycle. Their typical startup process takes 8-12 weeks with no upfront fees beyond an initial deposit that is refunded after go-live.
MDeverywhere is a physician-centric revenue cycle management company that offers various interfaces, workflow automation tools, and rules-based systems to help practices increase revenue in 5 key ways:
1) A rules engine reduces claim denials by 90% through pre-defined payer rules and additional custom rules.
2) The system automatically applies for PQRI and e-prescribing bonuses through built-in rules.
3) Payor contract compliance identifies underpayments and appeals claims to ensure practices are paid according to contracts.
4) Eligibility checking decreases denials by verifying patient insurance information upfront.
5) Marketing and recall plans can increase patient volume through reminders and referrals.
Process Improvement: A Consultant's View of your Healthcare Revenue Cycle | A...Meduit
Get a look at how well your revenue cycle processes are functioning and learn how to identify the initiatives your healthcare facility can take to reduce days in A/R and boost revenue! Download the live event recording here: https://lab.meduitrcm.com/process-improvement-innovationlab-webinar/
What Can a Medical Billing Company Do to Improve Your Revenue Cycle.pptMatthew Clark
Running a successful healthcare practice requires efficient revenue cycle management, and medical billing plays a pivotal role in this process. However, managing medical billing and coding can be complex and time-consuming, especially for small and mid-sized practices with limited resources. To streamline billing operations and optimize reimbursements, many healthcare providers are turning to medical billing companies for expert assistance. In this blog, we'll explore the key ways a medical billing company can improve your revenue cycle and enhance the financial performance of your practice.
Position specification director revenue cycle hospital billing-well_star_01...Tony Cinello
WellStar Health System has retained Anthony Andrew to add talent to their team of revenue cycle leaders - a System Director of Hospital Billing, leading a team of 28, managing all commercial and government billing, for a $2B net patient revenue system. Relocation package w/incentives, industry-leading compensation, extraordinary benefits, coupled with a high-growth career path (73% of positions are filled from within).
Apply or refer to: tony@anthonyandrew.com
Benefits of Outsourcing Medical Coding Services-ecare.pptxecare India
In addition to coding audits, outsourced medical coding companies may also offer other services like clinical documentation enhancement, research assistance, and evaluation of medical records.Get the best medical coding services from ecareindia.
https://www.ecareindia.com/medical-coding-services.html
Let us know the advantages of otsourcing Account receivable Management services. aGet the best AR management services from ecare india ine of the best medical billing companies in India.https://www.ecareindia.com/accounts-receivable-management.html
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Akshar MediSolutions is an all-in-one medical billing company that offers a full suite of healthcare services. We have a dedicated team of world-class experts who are ready to help in your business make more money, get paid more quickly, and have fewer claims denied. Our experts take care quickly of your old accounts and follows up on all your claims to make sure you get paid on time.
With e-care’s end to end RCM Services; Cardiology Practice in TX Increases Co...ecare India
This client was a cardiology practice in Texas that was facing challenges with cardiology billing and coding. Specifically, they were missing documentation of time spent on smoking cessation counseling, which affected coding and charges. They also lacked processes to effectively report additional services. After Ecare took over revenue cycle management in July 2021, they performed an audit and identified opportunities. Ecare provided education to the provider on enhancing documentation to capture counseling time. This allowed Ecare to code for these services, increasing monthly revenue by over $10,000 and average services billed per month from 2500 to 2650.
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This document provides an overview of medical billing services. It discusses how medical billing can help doctors by handling insurance paperwork and administrative tasks, allowing them to spend more time with patients. The company claims to have 40 years of healthcare experience and can handle all aspects of the revenue cycle management process from credentialing to billing to collections. They work with multiple EHR systems and specialties. Key benefits include increasing net collections, reducing days in accounts receivable, and improving the billing process overall. Risks and mitigation strategies are also outlined, as well as the transition process and importance of quality assurance.
Outsourcing medical billing services will avoid overbilling, make claim submission faster, and maximize your cash flow. mgsi is the best solution for all your medical billing services
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This document summarizes the various medical billing and practice management services offered by the company. They aim to maximize reimbursement through experienced staff and a focus on accurate coding, billing and insurance follow-up. Their full suite of services includes appointment scheduling, registration, eligibility verification, coding, billing, payment posting, accounts receivable management, and medical transcription.
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e-care helps fix “Podiatry Billing” Challenges & Generate More Revenue!ecare India
Understanding the challenges faced by our client and after identifying the primary reason with our strategical approach our team worked out on a streamlined process
Reducing Billing Errors: How Medical Billing Services Can Improve Financial S...OmniMD Healthcare
These days, it is essential that healthcare providers remain capable of fulfilling ongoing operational costs and remain financially viable. So, medical billing services are vital in helping healthcare providers sustain financial stability and stay afloat in today's uncertain times.
How One Practice Transformed Revenue with Outsourced Medical Billing Services?Matthew Clark
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MDeverywhere is a physician-centric revenue cycle management company that offers various interfaces, workflow automation tools, and rules-based solutions to help increase physician revenue. Their solution utilizes rules engines, eligibility checks, payor contract compliance reviews, and patient recall/marketing programs to reduce claim denials by 90% and increase revenue by 5-15%. They provide web-based practice management software with reports, dashboards, and workflows to give clients improved visibility and control over their revenue cycle. Their typical startup process takes 8-12 weeks with no upfront fees beyond an initial deposit that is refunded after go-live.
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Process Improvement: A Consultant's View of your Healthcare Revenue Cycle | A...Meduit
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Gastroenterology Practice Increases Collection with ecare’s Regular Follow up and Strategical Approach!
1. Florida based Gastroenterology Practice with accumulated claim denials leading
to aging AR affecting monthly collections.
Specialty EMERGENCY DEPARTMENT
Service Offered Complete Medical Billing
PMS Mysis
Gastroenterology Practice Increases Collection with
Ecare’s Regular Follow up and Strategical Approach!
CASE STUDY – AR Recovery for Gastroenterology Practice
ABOUT THE CLIENT
CLIENT
ABOUT THE CLIENT
This client had huge backlog of denied claims and needed support with AR
Recovery and increasing monthly collection. Moreover, they were struggling with
need for proper Physician Credentialing Support
Aging AR
Decreased Collections
Physician Credentialing
Ecare team made a strategical approach by getting deep down into the specialty
related billing nuances to ensure quick clearance of aging AR. Our team of
experienced billers and coders ensured streamlining the process by
Submitting endocapsule charges along with supporting documents
Monthly reports run for endocapsule and ultroid procedures
Handling credentials for non-participating providers
As Ecare’s team started working based on our quick reference checklist and as
per our team’s compliance and regulation guidance, revenue increase was
signification from the very first month.
Our extensive process review and suggestions on additional documentation and
for enhanced documentation opened gate for increased Revenue
Monthly collections increased by $50K
Collection percentage increased by 6%
AR days reduced from 45-60 days to under 30 days
Major carriers have been switched to ERA/EFT for quick payments.
Insurance follow ups within 20 days
Checking 100% patient eligibility thru websites
Billing accuracy provides increase in revenue
CHALLENGES
SOLUTION FROM ECARE’S EXPERTS
OUTCOME
With Ecare’s effort and support this Practice grew in revenue and patient
volume, added new specialists and has opened additional locations. They get
paid faster and are able to keep on top of every claim.
Ecare – A premier Medical Billing and Coding company in India with more than
100+ Clients across the U.S. Ecare is a multi-specialty medical billing company
guaranteeing E2E RCM support with increased cash flow for any niche of the
specialty required. To know more about ecare call 1-813-666-0028 or log on to
Medical Billing Specialists, Medical Billing Services - ecare India
ABOUT ECARE