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.

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.

What Defines Quality FQHC Clinic Billing Services

The fact that any FQHC could use the services of an experienced medical billing company to run efficiently is indisputable. However, with the dozens of medical billing companies available, choosing the right one for FQHC billing services is paramount. FQHC Billing service

Although each company will always present itself as the best of the best in the market, there are certain things that the person in charge of selecting an FQHC clinic billing company should look out for. These are the factors that define a quality FQHC billing company and what FQHCs should seek when looking for help with patient billing protocols.

1. Customization of Billing Services

All though there are common billing problems that all FQHC are faced with each one of them has its unique needs. Due to this a good FQHC clinic billing service should be tailor-made to suit the individual needs of that particular FQHC. The company providing the services should work with the FQHC to identify the challenges and opportunities that it faces and come up with a plan to take advantage of the opportunities and meet the challenges.

2. Ability to Collect

One of the main reasons that FQHCs and health clinics hire these service providers is to get help in self-pay collections and so a good service should help to ensure that patients pay the clinic. Follow up calls and providing avenues through which patients can be able to clear up what they owe the clinic are some of the ways that these service providers can accomplish this.

3. Reporting FQHC clinic billing report

For the FQHC clinic to be successful, it needs as much information as possible. Good FQHC clinic billing services should be able to provide all the necessary information through a regular report. This information is necessary as it will help the clinic determine cash flow, come up with a budget, and also identify any patient accounting opportunities and challenges that it may be faced with.

4. FQHC Billing Solutions

Billing issues are the main reason most FQHCs hire the services of an expert, and so the company hired should be able to provide the clinic with the solutions it needs. By working to together with the management of the clinic and using their experience and expertise the billing company should be able to come up with innovative billing solutions for the clinic, for example, electronic billing systems. In essence, this vital component to providing comprehensive medical billing services helps FQHCs improve revenue cycle management.

5. Customer Support

Excellent customer support is an attribute that every good FQHC billing company should entail. The service provider should be willing, able and available to provide the clinic with all the necessary support as and when they are required. If the company does not offer customer support, the clinic might even be better off dealing with the billing issues on their own.