As a healthcare professional, chances are good that the least satisfactory and, perhaps, most frustrating part of your job, is the billing and collection process. At Healthcare Information Services (HIS), Revenue Cycle Management is what we do best and, in successfully partnering with private physicians, hospitals and clinics over the past twenty plus years, we have been able to help them boost both profitability and cash flow through the implementation of our services. We do what we do best so that you can concentrate on what you do best, patient care and treatment.
Like any business, you want your medical practice to run efficiently, to be profitable and to experience sustained growth. With HIS as your partner, you can be confident that our primary goal is to aid you in achieving your goals, and know that our success depends on your success.
With specialized divisions dealing strictly with Orthopedic and Radiology practices, we do much more than merely focus on revenue cycle management, although that's a vital part of the puzzle. We strive to educate our clients in many areas and to fine-tune each step of the entire revenue cycle, from the moment an appointment is made until proper reimbursement is received.
Our highly educated staff, including more than 60 certified coders, work with state-of-the-art technologies to streamline your practice into being ultra-efficient. This includes:
Maximizing reimbursements through improved billing and collection processes
Streamlining office processes and reducing redundant tasks
Increasing the accuracy and timeliness of claims
Ensuring proper coding
These processes are all designed to promote an 'ease of practice' and increased cash flow. These proactive strategies have never been more important than they are in today's economic climate.
As an example of observable results, it is not uncommon for a typical medical practice to run a clean claims rate of between 70-80 percent. This translates into loss of time and money, as it becomes necessary to determine the cause of delayed reimbursements, to fix the errors, and then resubmit the claims. In some cases, claims are not even resubmitted, causing more monetary loss to the bottom line.
HIS runs a verifiable clean claims rate of greater than 98% for their clients, a result of proper coding and accurate and timely filing. Our use of unique 'claims-scrubbing' software and a variety of internal quality control checks before any claim is submitted, ensures these higher reimbursement percentages, thereby increasing your practice's profitability.
Contact us today to learn how HIS can help you.
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