I have been frustrated when I continually see Doctors & other medical professional try to manage their billing on their own. They are not only losing $1,000.00 by not migrating to an outsourcing billing contractorm but how they plan to keep track & maintain compliance with all the new rules that are coming, is beside me.
Doctors are under siege from all sides. You just need to look at the Medicare Recovery Audit Contract (RAC) to see how the government revenue policy is developing. It is not to be either fair or equitable. They basically blackmail you by taking your perceived overpayments upfront and then negotiate how much they will return. They have an active marketing campaign to convience the public that the government is looking out for them and that both doctors and insurance companies are recovering too much money. Insurance companies and Medicaid are considering similar program to RAC to go after perceived doctor overpayments. I don't know how a doctor will be able to make it without help. Doctors just don't have the staff or expertise to be able to respond to and keep track of this assault on their bottom lines.
What should you expect from a medical biller
- Access to your client data 24/7 from any computer with internet access
- Payments withing 7-21 days
- 98% of bills submitted correctly the 1st time-
- Internal audits shall catch errors before submitted
- Management reports to monitor all billing activities
- Claims filled for all carriers including Medicare & Medicaid- No one should be left out
We provide the above along with
- Member of largest association in USA of our 1500 Medical billers
- Access to our 200 certified medical coders to provide support upon request
- Constant program improvements such as on- Line patient insurance coverage verification
- Intergrated patient scheduling system with our billing system is included free of charge
- Bank drafting option that allows you to get money on a regularly scheduled basic directly from your patient accounts
- Professional management- I am a retired Navy Supply Corps Captain (O-6) and my daughter is working with me for long term certinity.
I don't have the answer for all your problems or for world peace & prosperity. I can only offer a State of Art Medical billing system with a father & daughter dedicated to you - support & financial sucess.
Give us a call at (503) 364-2647 if we can be of service. It should be an interesting next few years. I just hope we can spend it together so you can spend it being a doctor & not worrying about gettin paid & responding to government audits.
Call the Best,
John Stensland
Safe Harbor Financial Planning
935 Sunmist Court SE
Salem, OR 97306