Attention Owners of Medical Practices
Learn How To Boost Your Medical Billing
Revenue by 20% Within 90 Days
Unexpected income and cash flow growth for Dermatologists, Cardiologists, Pulmonologists, OB-GYNs, Podiatrists and Orthopedists
Is $3 Million sitting uncollected in your Patient A/R…
and you don’t even realize it?
Practices like yours are finally enjoying benefits like these:
a Better Claims Eligibility and Prior Authorizations
a Better Out-of-Network Negotiated Payments
a Better Denials and Appeals Management (before the expiration date)
a Faster Submitting of Claims to Insurance
a Better Scrubbing of All Claims
a Better AR/Receivables Processing Faster
a Better Claims Eligibility and Prior Authorizations
a Better Financial Counseling of Your Patients
a Better Patient Collections
a Better Transparency with a Real-Time Portal
a Better Response Times
a And more!
Whether your billing is handled internally or outsourced, we challenge you to compare us with your current medical billing solution – and experience the difference!
Leah Britton, Sales and Marketing Coordinator – (800) 343-7021
Email: leah@brightdrivehcs.com
Tina Wellman, CEO – (800) 343-7021
Email: tina@brightdrivehcs.com
Despite high patient deductibles and growing challenges of working with insurers – when done right, the billing side of your specialty practice can actually provide you with significant revenue growth while enabling you to deliver more robust care to your patients.
Here’s how.
1. THE FRONT-END – BETTER FINANCIAL COUNSELING WITH YOUR PATIENTS
Ensuring eligibility, gaining prior authorization, providing the patient with financial counseling (especially for patients with high deductibles) and handling patient collections more effectively can significantly boost the revenues and cash-flow of a medical practice in ways that many physicians find pleasantly surprising.
That’s why, beyond insurance eligibility, we start with financial counseling and negotiating with your patient for the out of pocket portion. If you don’t collect that money or start a payment plan up front, then getting it later is can be infinitely more difficult, especially once the procedure is done.
We ensure that your patient knows they have to make a payment or progressive payments, and then we process it real-time.
2. THE FRONT-END – BETTER INSURANCE COMPLIANCE
To ensure rapid and maximum payment, we make sure the tests or procedures get marked as medically necessary based on the coding, so that insurance pays the maximal amount.
Unlike many other billing firms, we also handle prior authorizations for our clients. There’s no extra charge. It’s part of our billing service.
3. THE FRONT-END – BETTER OUT-OF-NETWORK AGREEMENTS
When possible, we will also negotiate Out-Of-Network agreements for our clients, securing as much as eight times the Medicare allowed rate.
Even when the insurer negotiates with you, the finally agreed upon amount will often increase your revenues significantly beyond Medicare rates.
4. THE BACK-END – BETTER AGGRESSIVE DENIALS MANAGEMENT
If you miss the expiration date, you’ll lose all this money forever.
With denial management, you have to stay on top of it all the time.
For example, often Medicare will initially deny a claim simply because they want to see if you have the documentation to back it up.
That’s why clients will often come to us from competitors – especially if they’re being audited by Medicare – because their current Revenue Cycle Services is not being aggressive enough, not taking things all the way through to appeal, or letting it get backed up.
Aggressive Denial Management is one of our strengths That’s why so many clients are migrating to our more robust and responsive system.
5. THE CLIENT EXPERIENCE – BETTER REPORTING AND TRANSPARENCY
Transparency is a big problem in this industry. Clients often don’t have access to their portals, and often don’t even know their portals exist.
We think that’s nuts.
For our clients, we believe transparency and over-communication are essential.
Rather than waiting before you get a report, we give you constant transparency to your information through a real-time portal. This way, you will always know where your money is.
Compare this to alternatives, where the client has to ask for access to their reports, and wait two or three weeks, sometimes a month before they get it.
So that’s a big one.
6. THE CLIENT EXPERIENCE – BETTER TURNAROUND TIME
– 24 to 48 HOURS
Besides constant transparency, we know that turnaround time is critical.
That’s why our policy for scrubbing is – it should be done in 24 or 48 hours. Clients should not be waiting 4 or 5 days to know if it’s a valid claim.
7. THE CLIENT EXPERIENCE – BETTER INTEGRATION WITH YOUR ENTIRE ECOSYSTEM
Our approach is different from other RCM’s because – rather than just looking at a client’s billing, we’re looking at your entire ecosystem:
This helps us uncover ways we can help our clients be more successful from end to end on their revenue cycle.
With more than 25 years in the industry, we believe you will get hooked on our robust and responsive system… and will discover why we have become “The Leader in Profitable Practice Billing.”
Let’s talk.
Request a free demo or contact us for more information.
Also, click here to learn about our molecular (genetic) billing services