Experience High-Quality Medical Billing Services with Our $7.5/Hour FTE Model
Introduction
Medical billing has to be
conducted well to ensure the financial health of a medical practice. In-house
billing may eventuate into high costs and occasional delays, leading to
mistakes that become claim denials and revenue loss. These problems prompted
Info Hub Consultancy Services (ICS) to introduce a specialized model of Full-Time Equivalent (FTE) Model at $7.5 per hour.
The FTE is provided for the convenience of healthcare providers looking for
good-value billing services that guarantee accuracy, compliance, and growth.
Reasons to Consider ICS
$7.5/Hour FTE Model
Dedicated Experts for Specialized Tasks
Medical billing represents a
complex web of functions, claims processing, medical coding, denial management,
and accounts receivable follow-up, requiring specialized expertise. With our
FTE model, you will have access to highly skilled experts specializing in
specific billing tasks according to your practice needs. You may enhance your
billing processes with expert intervention without outsourcing the entire
billing process.
Cost-Effective Without Compromising Quality
Hiring and maintaining an
in-house billing team involves costs associated with salaries, benefits,
training, and infrastructure. Our FTE Model allows you to completely avoid
these expenses by paying only when you require specific services at a fixed
hourly price of $7.5. This model is designed to lower actual operating expenses
by 40%, maintaining accuracy and compliance with the industry standard.
Multi-Specialty Billing Expertise
There is no way that the
general model can apply to medical billing, since its techniques are variant
from the specialties types. To be able to access a specialist in multispecialty
billing, ICS provides trained billing specialists from a wide range of
specializations, including:
·
Chiropractic Billing
·
Mental Health Billing
·
Ambulatory Surgical Center(ASC) Billing
·
Durable Medical Equipment (DME) Billing
·
Skilled Nursing Facilities (SNFs) Billing
The dental medicineman,
therefore, uses the field-oriented and process-driven know-how to maximize
reimbursements while minimizing the denials of claims.
You
might discover the unique features of our FTE Model such as:
1. 24/7 Operational Support
Medical billing processes are
never hampered by time zones or working hours. Our FTE Model guarantees 24/7
operational support that eliminates processing delays and enables immediate
claim submissions and resolutions of issues.
2. Advanced Technology Integration
ICS team is indeed very
competent and skilled in working with eClinicalWorks, Kareo, and AthenaHealth
as among the leading billing software in our industry. That keeps efficiency,
accuracy, and data secured, aligned with how you do your work.
3. Compliance and Data Security
The area of medical billing
must comply with all the governing standards such as HIPAA, CMS, and payer
regulations. Our experts meet those international best practice compliance
standards in order to preserve the patient data’s security and regulatory
compliance.
4. Real-time Performance Monitoring
Every resource available to you
is completely dedicated to your practice, allowing for dedicated services with
real-time performance tracking and analytics. You may track their productivity
and receive full reporting on claims processing, denial rates and levels of
reimbursement, giving you total transparency.
5. Scalable and Flexible Model
From just one function to
multiple billing requests, the resources needed to set up your practice are
easily increased or decreased with this FTE Model in line with changing needs.
Built-in flexibility assures you that you will only pay for what you use,
making it the best solution for practices, large and small.
How Our
FTE Model Strengthens Your Practice Operations
Productivity Enhanced and Workflow Transformed
Medical billing is a long
process which shies off caring patients from your in-house staff. Trimming
certain aspects of billing functions through outsourcing to ICS makes your team
effocussing more on the patients and therefore improves total efficiency and
quality of the service.
Faster Claim Processing and Reimbursements
Stalled claims translate to
money loss. Because our specialists do all the claims submissions, follow-ups,
and verification very thoroughly, it takes half the time for the processing.
Most of them are settled within 24-48 hours to allow timely reimbursements and
well-deserved cash flow.
Reduced Denials, Revenue Leakage
While claim denials often arise
from incorrect coding, most occur as a result of missing documentation or
non-compliance of payer. Our services include a well-rounded and cleaned claims
process with thorough coding (ICD-10, CPT, and HCPCS), proper
documentation, and scrubbing. This thus guarantees 98% clean claim rate for
accidents, which translates to a 30% increase in revenue for most practices
that partner with us.
More Control Over Billing Operations
Full outsourcing might have the
billing function completely given to a third party; however, with the FTE
model, control has remained on critical operations defined by you, and you set
what billing to outsource control with the oversight and decision-making
authority in mind.
Success Stories from the Real
World.
Case Study 1: Denial Decrease for a Chiropractic Practice
A Chiropractic clinic in New
York was suffering because of frequent claims denial due to wrong coding and
incomplete documentation.The clinic hired an ICS FTE coding specialist. Within
three months, there was a 50% reduction in denial. It increased the cash flow
and reduced the administrative load of in-house staff.
Case Study 2: Increasing Collections of an Ambulatory Surgical
Center
An ASC in Florida must brush up
on combatting defaulters; it has been stagnating its income due to unpaid dues.
We applied our FTE Model for accounts receivable follow-ups and this has
brought over 90% recovery of the dues within the period of six months to the
center, thus better finances and operational efficiency as well.
Conclusion
This is revolutionary for the
healthcare provider searching for high-quality, cost-effective medical billing
service. An ICS FTE Model at $7.5/hour boasts of having equipped dedicated
professionals with forging advanced technology integration and being subjected
to adherence to all compliance standard measures, thus making efficiency,
accuracy, and success financially possible for your practice. Info Hub
Consultancy Services (ICS) is the only one to provide healthcare practices with full-time equivalent
(FTE) model for their billing and coding at $7.50
hourly.
For
more inquiries, please contact us at +1 (888) 694-8634 / 0422 4212 455 or email us
at inquiry@infohubconsultancy.com.
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