An In-depth Look at Practice Management’s FQHC Billing Services

Respected FQHC billing company, Practice Management, is a seasoned medical billing and consulting company with a solid track record in the supply of Federally Qualified Health Center (FQHC) billing services. This Practice Management focuses to provide highly-professional FQHC billing services with greatest level of success rates and professional standards.FQHC billing by practice management

The resources and billing strategies put in place by Practice Management are very effective in establishing a more dynamic patient billing systems and an entirely easier experience for FQHC customers. Practice Management has a great reputation of providing FQHC medical billing services which maximize the collection of revenue while at the same time decreasing the payment turn-around time.

FQHC billing Services Offered by Practice Management

The FQHC billing department of Practice Management has a team of competent billers who offer expert services in all sectors of FQHC billing, coding, and health center billing. These services are provided in areas like Medicaid (that’s a social health scheme in United State for individuals with low-income), Medicare (a health insurance for 65 years and above members), dental claims and also behavioral health.

Inside a Typical FQHC Billing Programbill payment for the medicare

For a lot of FQHCs looking for a medical billing company , Practice Management offers many specialized solutions.

1. FQHC Billing Consultation

Health centers and FQHCs can consult the company on many topics regarding the billing of their clients like use of: software applications, coding, front office processes and financial strategies, and also procedures.

Practice Management also provides FQHC billing consultation services in what is known as revenue cycle management that includes assessment of entire or section of the existing processes. Recommended areas of improvement can include maintenance of software files, analyzing debts, tracking claims and systems configuration.

2. Custom Reporting Solutions

Health centers and FQHCs invested in the health center billing services of the company can enjoy the customized and regular reporting offered by Practice Management. This company works with a health center or FQHC to determine the exceptional reporting demands which lead to personalized medical billing services.

3. Credentialing Services

FQHCs and also health center can depend on Practice Management in getting right credentialing services. This will make sure that they obtain timely billing hence improving their cash inflow. Additionally, Practice Management boosts the center security thereby allowing the FQHCs and health centers to get adequate time to deal with their patients.

4. Software Integration fqhc billing software

Among the top FQHC billers in the field, Practice Management can remotely do all the medical billing activities to the software which belong to health centers and FQHCs. The company can give FQHC billing, schedule appointments and compatible software to match a health center or FQHC.

5. Patient Service Contact

Health centers and FQHCs can get their patient contacts specially customized. Practice Management gives services like patient statements, online payment portal, and former due letters, committed customer care service and free inquiry.

6. Legal Compliance

As a top FQHC billing provider, Practice Management totally complies with the entire laws and regulations. So, FQHCs and health centers operating with the company can easily be assured that their facilities are operated lawfully and ethically.

Finally, the above points show that Practice Management mixes up-to-date technology and competent team of FQHC billing service providers to considerably increase profit in FQHC and health centers. Learn more about Practice Management’s FQHC billing and other related medical billing services by visiting MaximizedRevenue.com.

How 3PL Warehousing Differs from General Storage Warehouses

Third party logistics (3PL) are companies that handle the packaging, storage and transport of goods on behalf of another company. The annual investment in 3PL warehousing keeps growing every year since more businesses are seeing the advantages of this kind of warehousing.

packaging 3pl warehousing

There are major differences between these advanced 3PL warehousing services and general storage warehouses; and these should inform your decision on whether or not such companies will be necessary for your specific business needs.

Packaging & Transport of Products

First of all, 3PL warehousing involves more than just storage of goods. These companies get involved in the packaging of your products and also transportation. Depending on the specific company you choose, all these will be done in a timely manner. A good tip here is not just to consider the pricing of a company’s service as some are priced cheaply for very good reasons.

Basically, with a 3PL warehousing service like that of United Facilities, you are saved the headaches involved after making a sale and can simply focus your energy on what you do best as a businessman: making sales.

Individualized Warehouse Storage Space

3PL warehousing also saves you the pain of losing money during low sales periods. When inventory drops, such warehousing companies will allow you to pay only for the amount of space you need every month. In essence, if you need less space the next month, your payment rates can be adjusted accordingly.

This is typically not the case with general storage warehouses. General storage warehouses typically require a business to invest for a longer term lease and whether you need the space the following month or not, you still have to pay for it.

Labor Support

A company that is growing may experience difficulties in employing staff to oversee the storage requirements of their products. Moreover, small business owners may not even be sure how long a good sales period will last and having people permanently employed could be a big risk.

If you intend to go the route of using a general storage warehouse space, you should be ready to deal with these issues. A 3PL warehousing company saves you this headache as they take the risk upon themselves. What happens in this case is that you trade time for money and in the long run, you actually end up saving more money.

3pl warehousing

Food-Grade & Cold Storage Warehousing

Additionally, 3PL warehousing and fulfillment companies could also offer temperature controlled storage services for those looking to transport perishable foods and drinks. The quality and popularity of food grade storage has been rising over time. If you intend to package, store and transport food products, it is necessary to enquire whether a specific company offers such services.

Since third party logistics companies usually have access to better machinery than a regular business, the quality and expertise involved is usually exceptional. Most of these companies also offer custom packaging services which could be more expensive to obtain if you opt for general storage warehouse space.

Customized packaging can be an important tool in boosting business sales and attracting new customers and top 3PL companies understand this fact well enough. Typically, they will also offer advice on how you should handle your customized packaging.

3 Most Comprehensive Banking Equipment Companies

Through the current wave of technology, advanced banking equipment and security systems play a pivotal role in ensuring smooth and well-protected financial institution. In addition to that, today’s advanced bank equipment provides vital security measures that ensures the utmost safety for both the customers and by extension, the bank.bank equipment companies

Spearheading the supply of today’s bank equipment are companies that play this key role in the development, integration, and support of these systems. While there maybe hundreds of companies that offer banking equipment, below are the three most comprehensive that we’ve come across.

Seico Security

Since its establishment in 1972, Seico Security company has been consistently supplying new and used banking equipment to various financial institutions that are in the vicinity of Peoria and central Illinois. Some of the banking equipment that this company is supplying includes: undercounter systems and cabinetry, bank teller systems, ATM security, safes and vaults, audio and video systems, among others.

Seico Security is also characterized by the expert presence of a professional sales, management, and engineering staff that can guide the client on the banking equipment needed as per the bank’s size and needs. They offer custom banking equipment solutions as well as advanced security systems for banks.

It is known to specialize in the engineering and designing of the banking security systems which are ultra-modern. In addition to that, Seico Security tailors these security systems according to any precise client specification.

GRP Banking Company

Headquartered in Guangzhou, GRP Banking Company is another best global company as far as banking equipment is concerned. This is due to its prominence as seen by its ability to supply the banking equipment for more than 70 countries and regions globally.

GRP Banking Company’s main area of specialization includes the design and development of the Automatic Teller Machines (ATMs) for financial institutions. These come in ergonomic and also innovative designs and provide a wide range for varied client tastes and preferences as well as taking care of your ATM security and fraud. In addition to that, it also develops currency recognition and also cash processing equipment, modules and systems. However, it also engages in the provision of software solutions to both financial and non-financial institutions.

It is worth noting that GRP Banking Company has been serving the bank equipment and financing market for more than 20 years and currently, the GRP’s products are used by about 10 million users daily. Hence contributing towards the bank improvements and communication service efficiency to another different level, probably a notch higher!

Starex Financial Systems

Supplying equipment that guarantees accuracy, convenience and efficiency has always been their interest at heart. Starex Financial Systems specializes in supplying various banking equipment to financial institutions. They supply the counterfeit detectors which use chip technology to scan the currency notes so as to identify and also detect counterfeits, if any.

Moreover, Starex Financial Systems also supplies coin counters/sorters. These helps the bank tellers the load of efficient and fast counting and also verification of a very bag of coins. These coin counters are also characterized by the ability to sort the currency in coin denominations. For an accurate counting of generic notes, this company also supplies a cash management solution devices – currency counters.

In addition to that, Starex Financial Systems also sells different models (one and two pocket model) of currency discriminators.

Progression in Banking Equipment Solutions

Banking equipment has come as a very revolutionary invention – thanks to the advancement in technology. Some of the factors to consider when choosing a company to purchase this banking equipment include the quality, price, accuracy and efficiency of the equipment. Also, a company that will guarantee you to get all the suites of banking equipment under one roof is quite recommendable.

4PL vs. 3PL: What’s The Best Logistics Solution for Your Company

Fourth-party logistics, or “4PL,” is the arrangement where a firm contracts or outsources its most of its supply chain solutions to more than one companies (who are often the third-parties of the logistics and supply chain). In short, a 4PL company or contractor is more of a coordinator the activities of the 3PL.3PL 4PL Companies

A 4PL provider ultimately accumulates resources, technologies, and capabilities to run the entire supply chain of a company. Ideally, the outsourcing of transport services through a 3PL has been an effective way of utilizing expertise, improving processes as well as reducing costs of transportation by a company. 4PLs are gaining more and more popularity in the logistic sector. They are the multi-service providers handling all the logistic operations right from planning to final reporting.

How 4PL Differs From 3PL Services

A 3PL company does or specializes in the field job i.e. activities such as warehousing, freight forwarding, inward and outward material, contracting transporters, packaging, and safety of cargo among other tasks. 3PL companies typically customizes all these services to suit customer needs.

A good example is the reputable 3PL company United Facilities, Inc. This 3PL provider is so versatile with its logistics and supply chain solutions that many business can rely on them without needed to work with a 4PL to help simplify things.

Lately, most 3PL companies have specialized in some areas of the industry. The advantage with them is that they have various footprints in most parts of the country, and this enables them to serve most clients located in remote areas.

4PL, on the other hand, deals majorly with the management of supply chain, analysis, planning, design, and optimization among other key sectors. 4PLs majorly concentrates on the corporate job and does less of the field tasks. in a nutshell, 3PL mostly execute the real-time tasks while the 4PL primarily executes more of future planning by use of past information. 4PL are effective in improving the supply chain and inbound logistics of a company.

Advantages of Working With 4PL Companies

1. Information visibility offered by 4PL companies allows a company to drive savings and improve service delivery. They are capable of highlighting areas of inefficiency in a shipper’s line of operation. This makes them more efficient, unlike 3PL’s that lack the incentive to drive out wastages and reduce costs.

2. Optimization of material flow. 4PLs enable a smooth transport management system and freight consolidation and other backhaul services and opportunities.

3. Improved productivity. 4PL providers can handle all the logistics on behalf of a company. This allows for easy detection of flaws in the supply chain hence improving the overall productivity of a company.

4. Quality personnel continuity. This is what sets 4PLs apart in the logistics industry. A company can access well-trained staff for quality operations.

5. Ensures neutrality. By fully acting on behalf of a client, a 4PL is capable of providing high-quality services in implementing the transport services of a company. Additionally, they provide essential information needed in meeting the shifting market dynamics.

With the current transition of 3PL to 4PL for some companies, certain business models and manufacturers have found the more conducive logistic services over 3PL. Taking the instance of the automotive industry, electronic and other warehousing companies, 4PL’s have been able to help them pick the best areas of specialization.

This has helped most clients excel in winning customers’ loyalty. Similarly, medical and other health care providers have found their way in seeking an intricate service delivery in clinics and hospitals. They are now able to drill down dip in their line of specialization.

Why The Increased Demand for Shipping Container Scales?

The World Shipping Council has urged all countries involved in the transportation of maritime containers to be prepared to comply with the new Safety of Life at Sea (SOLAS) regulatory requirements which are set to begin by July 1 2016. Once these new regulations are adopted, the International Maritime Organization’s Committee and the SOLAS program will require all shippers to weigh and verify shipping container weights before transport.shipping containers solas

For many years, shippers across the globe have mostly relied on calculations of their shipments from statistical databases instead of directly weighing their goods. Relying on statistical data weight estimation alone lead to mis-declaration and also resulted in many serious accidents. Under these amendments by the World Shipping Council and SOLAS will require that all shipping container weights to be properly verified before being packed and loaded onto a vessel. As a result, it will be a great violation to pack a container without properly verifying its shipping weight wherever SOLAS shipping container weight verification requirements apply.

Shippers Race to Seek Weighing Solutions

Under these new regulations, there are only two acceptable methods of measuring container weight. The first method involves directly weighing the fully packed shipping container at an approved weighing marine station while the second method involves weighing the cargo separately and then adding the container’s tare weight in the calculations. Regardless of the systems or scales for shipping container weight that are used, the shipper will ultimately bear the responsibility of weight verification once these amendments are approved.

As a rule, the shipper will be required to communicate the verified weight of the shipping container in advance so as to allow the ship master as well as the terminal representatives to prepare for the ship stowage plan in advance. The container should also not be loaded onto the loading vessel if the shipper fails to provide verified packed container weight prior to shipping.

Besides that, the weighing equipments are also required to meet the set international calibration and certification standards. Shipping documents have to be signed by an authorized shipper and then submitted to ships master or their representative.

However, in case such signing of documents is not done, it can be alleviated by directly weighing the fully packed container at the port. Some marine terminal may not have standard weighing equipments, for this reason shippers are required to invest in proper weighing equipment so as to verify their shipping container weight. This in turn will result in increased demand for shipping container scales and related truck scales equipments needed to handle such tasks.

Repercussions for Shippers in Violation

The above regulations are aimed at promoting safety as well as reducing operational costs. Although this may sound simple, there are several practical considerations which have to be made. The first consideration will be to identify exactly who is a shipper. There are numerous parties involved in the overall supply chain making it difficult to identify the shipper of a container that does not comply with the set regulations.

Since shippers may not have direct access to marine terminals as logistic companies and other terminal operators have, these new regulations will therefore mean that shippers will have to invest in the new weighing technology that comes at high cost. Shippers will have no alternative when buying shipping container scales and weighing systems but to bear these costs or to shift them to their customers. These new weighing policies will result in increased demand for shipping container scales such as truck scales and container weighing systems.

3 Types of Mortgages for Homebuyers

Almost everyone dreams of owning a home. However, this dream can only be realized when you have enough money for the project. With the increasing number of financial institutions that are more than willing to offer mortgage loans to people, the issue of stable finances is considerably taken care of by the home buyers. Home-building mortgages are simply the future of residential property development. Here are the 3 basic types of mortgage loans for homebuyers.

1. Fixed-Rate Mortgages

Mortgage loan lenderHave you ever thought of having a home loan whose interest rate remains the same for the life of the loan? Well, with a fixed-rate mortgage loan package, the home buyer is required to pay only a small portion of the total value of the cost of the house as principal during the first few years and the rest is being paid as interest that does not fluctuate over the loan repayment duration.

Another interesting thing about fixed-rate mortgage is that you get to split the payment into equal monthly payments for the duration. In most cases, the duration for repaying fixed-interest loans is 10, 20 or even 30 years. The more time you are given to repay your loans under the fixed-interest settings, the lowest you will be required to pay every month. This means that a 30-year fixed-interest package will cost you less money every month than a 10-year package for the same house.

2. Adjustable-Rate Mortgages (ARM)

With the adjustable-rate mortgage loans, the interest that your loan will be accumulating over the repayment period can change from year to year depending on other factors. This means that what you paid as interest for the home loan during the first year might be increased during the second and subsequent years of loan repayment. There is a special category of adjustable-rate mortgages that features aspects of both fixed-rate mortgages and adjustable mortgages.

This category is known as the Hybrid ARM. In most cases, you will be required to pay mortgage loan lenders fixed interests over a period of time before starting on ones that change annually for the rest of the repayment duration. For example, if you paid a fixed interest of let’s say 2% over the first three years, then your lender added the interest amount during the fourth year to 3% annually, then the type of mortgage setup you are subscribed to is called Hybrid ARM.

3. Interest-Only Mortgage Loans

The interest-only loans do not require you to pay principal during the first years of your loan. This is a good type of loan setup for families with irregular income. The interest-only type of home mortgage allows you to pay only interests for the first few years of the loan.

In most cases, the structure in this type of loans follows the adjustable-loan methods. During the first five or ten years, you will be required to pay only interests. The rate is then adjusted annually and the homebuyer pays for principal as well as interest over the remaining period of loan repayment.

Hopefully from these three major types of mortgage loans, you will get the home-buying loan package that fits your lifestyle. Remember to do thorough research before getting a loan for your home. Make sure that you understand every detail of the loans prior to signing the agreement papers with the lenders.

5 Surgery Billing Tips for Faster Payments & Greater Financial Health

With the increased focus on health care in the United States and the increasing need for specialized medical services, especially for surgery, it is important for surgeons and healthcare professionals to better optimize their billing practices. By establishing a systematic and dependable surgery billing system, the outcome can be mutually beneficial for both staff and patients.

To optimize your surgery practice’s billing system, below we offer five tips toward better surgery billing, faster payments, and greater financial health.medical billing claims

Effective Tips for Surgery Billing

1. Effectively manage lag and turnaround time. One to the easiest ways to decrease outstanding billing days is to manage lag times. Lag times should number less than five days – the fewer days, the smoother the system will become. Various surgery centers may suffer long lags due to circumstances beyond their control. In such cases they should demand a 24 hour turnaround. These can be enforced with penalties and if not it may be time to search for other companies to fill the void.

2. Learn and understand the electronic pathway. To establish a surgery center billing system, it is important to chart an electronic path for each patient. Since electronic claims are sent to health providers directly to the provider’s EDI company and several other business partners lag times can be exceptionally long.

This can be prevented or lessened if the electronic path is defined and closely monitored on a transaction by transaction basis. Billing managers should start to chart these points to determine if a claim goes directly to the payor or to an additional clearing house or center before reaching its final destination. If issues arise in the process it is wise to call and ask if they have a direct contract with the payor.

3. Insurance verification. It goes without saying that much time is wasted without verification. It is vital to make sure the patient has coverage before undergoing any procedure. It is also wise to confirm the deductible to learn if the patient has a “trash plan” – a very low premium and extremely high deductible.

Additionally many good centers are now verifying benefits of outpatient vs inpatient coverage because there is a difference in many policies. Naturally verifying insurance requires a phone call and that phone call takes time but during this conversation the carrier can advise as to the best procedure for submitting the claim. There are many plans where coverage may change. Carpal tunnel doesn’t require authorization today but this may change without knowing about it so it is always good to verify.

4. Codes must be in correct order. Put codes in the right order so as not to lose reimbursement. For example, Medicare reduces any procedure listed second by 50%. If a $1,000 procedure is listed first and another listed second at $750 this will ensure that you will take the cut on the $750 and not the larger one. It is vital to do this correctly in the first place because by trying to fix it will take more time and of course increase lag time.

5. Managed care. Being aware of every aspect of surgery billing is essential. Surgery billers should have a copy of every managed care contract and understand the details. Details such as how long you have to submit a claim, how long the adjudicated process is, what payment methodology is and why an carrier would reduce multiple claims and what the appeal process is all about are all issues that are vital to learn, understand and put into practice.

Many of these non-human issues can be corrected and or eliminated by installing proper software. The money and times saved will far outweigh the cost of the software.

3 Advancements in How 3PL Companies Conduct Business

Over the past few decades, the overall business model behind top-level 3PL companies has significantly evolved. Not only do third-party logistics (3PL) providers handle the warehouse storage and logistics distribution needs of the clients, but they also provide host of advanced solutions to help streamline operations for their customers. Below are just three examples in how 3PL companies have advanced their capabilities to provide more advanced logistics and supply chain services.

3PL Companies Distribution Center

Integrated Advanced IT Infrastructures

With massive expenses that comes with integrating a robust IT (information technology) infrastructures and support platforms, retail companies seeking to leverage the capabilities of a warehouse management system (WMS) for enterprise resource planning (ERP) can turn to the solutions provided by top-level 3PL companies in the industry.

The ability for 3PL providers connect to customers existing IT systems for the integration of their distribution activities allows clients to minimize the burden of having to establish such systems in house. As a result, 3PL providers who provide such solutions are able to help increase the overall efficiency and cost effectiveness of their clients logistics operations.

Managing Labor & Strategic Workforces

Although in the past 3PLs have not been known to manage and aid the labor force for client’s warehousing and distribution operations, this component supply chain management has become integral for most full-service 3PL companies.

As a result, today’s top 3PL companies in the U.S. are able to provide expert labor and workforce optimization and strategic output solutions for clients. This has particularly become important ever since the U.S.’s post-recession labor shortage that a number of different companies have experienced across multiple industries. Additionally, 3PL companies handle complex frieght requirements and other confusing aspects of distribution that would otherwise be a challenge for most businesses.

With better management and strategic workforces, companies are now able to concentrate on developing and utilizing their staff in the ways that matter most to growing their business. This new industry-standard of applying labor planning solutions among 3PLs has enabled companies cut costs in overall warehouse management and basic supply chain functions.

Last-Minute Kitting and Packaging Solutions

While most 3PL companies provide comprehensive warehousing and distribution services, the added value that only select logistics companies offer includes final-stage, or last-minute kitting and packaging solutions.

This enables warehouse and distribution centers to delay or accelerate specific functions, as well as decision making and predicting variables that are associated with specific order volumes and product needs for end customers. As a result, companies can either distribute their products and shipments in bulk, or have them packaged by the 3PL company according to their needs for their retailers.

Industrial Farming Problems Center Stem from Poor Distribution of Land & Resources

According to WorldHunger.org the current world scenario is under a food shortage crisis. And the World Food Program states that the major aspects of this rising phenomenon are natural disaster scenarios scattered across the globe such as drought.

farm

Also, this situation has become more aggravated as the industrial farming and agricultural sectors in the U.S. and many other parts of the world, have poor resources and land distribution as a result of global monopolies, financial speculators, and unregulated global markets.

Corporate-Influenced. Government-fueled.

Imagine, this. The governments have the power in their hands in order to at the best scenarios fix drought problems, irrigation, land distribution, and sharing of resources. But the ‘de facto’ reason they don’t do anything about it is that they are lobbied from inside the Congress at Washington D.C., where lobbyists seek to make politicians pass legislation or stall, halt or stop altogether legislation that goes against their profits.

This imperialistic mechanism seeks to deprive the markets of organic natural food and seeks to establish increased food production only by fixes such as GMO’s and genetically modified foods.

Corporations and institutions such as the World Trade Organization, the World Bank, The Alliance for a Green Revolution in Africa, The Millennium Challenge, DuPont, Monsanto, Archer Daniels Midland, Cargill, among many others have really made this a reality in all their efforts through the political and financial means.

But people around the world aren’t just laying around passively. They’ve shown signs of rebellion against this unjust system that seeks to enslave people through food deprivation and
control. As a result, we seen small-scale improvements on the logistics and distribution of production and goods.

Encouraging Independence in the Global Economy

One reality with the current financial system and capitalism is that they seek to make people dependent on the government and global corporations to survive. They don’t allow people to create the mechanisms to break free and become independent of the current global economy.

Real solutions will not only come through proper irrigation systems, crop management systems or the enhancements to the future of farming and food production mechanisms. There needs to a total transformation of the agricultural industrial complex so that land is distributed properly among the populace of any given country, and ag producers can optimize crop load management. Also, the government has to finance people to move inland so that they can be able to produce and maintain themselves there.

As the world financial problems have evolved, many partnerships among citizens have risen that are peer to peer partnerships for the exchange of goods. If all fails and governments and global corporations do not help humanity as a whole become more self-sufficient and less reliable on their mechanisms of control, people could just break free from their grasp by establishing bartering systems and trading agreements that would allow them to exchange food and goods.

But one thing is certain. This transition will not be easy and the governments and global corporations will not just sit passively by to allow this happen since they have so much at stake in the game. They will fight with teeth and nails in order to maintain what they’ve got, to try to maintain the controls over the food supply to manipulate the masses to their own purposes.