Mainstay Presentation2
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The document summarizes the services provided by Mainstay Staffing to take over recruiting, hiring, firing, payroll processing and handling of unemployment and workers compensation costs for clients. Mainstay also provides on-site managers, customized employee orientations, screening services, reporting and safety programs to reduce clients' costs and improve productivity. Mainstay aims to add profitability to clients' bottom lines by absorbing various HR-related costs.
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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.
Vitality Healthcare
Vitality is a medical billing company that offers revenue cycle management and other healthcare services. They have over 25 years of US healthcare experience and certified coding and billing professionals. Vitality claims they can increase client collections by 15-25% and reduce days in accounts receivable to under 40 days. They also offer a service level guarantee and focus on maintaining high quality, compliance, and customer satisfaction.
Plan-Smart Dependent Verification Services
Aon Hewitt recommends performing regular dependent verifications through their Plan-Smart program to identify ineligible dependents enrolled in benefit plans. This helps reduce costs from incorrectly enrolled dependents by an average of 5-7% per audit. Plan-Smart conducts an initial full dependent audit and then ongoing verifications to ensure only eligible dependents remain enrolled. The audits are administered through Aon Hewitt's technology-driven process which provides customizable communications, customer service, and reporting to clients. Regular dependent verifications can result in substantial and ongoing cost savings for organizations.
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Mainstay Presentation2
- 1. Presented by Carla Huss