The outsourcing of billing services is often engaged in reluctantly by physicians, but it can have distinct advantages to originating billing tasks from the office alone. Personnel turnover issues related to billing become non-existent. Costs associated with billing-related training and retraining of personnel is eliminated. An improved collection through timely error corrections and charges follow-up is readily accomplished. Collection and billing questions are directed to Fox Meadows Software, allowing your in-house staff to concentrate on patient care. If your collections increase, your costs will increase; but if collections decline, your costs decrease. This variable cost is to your advantage.
Outsourcing of billing is accomplished through a unique integration with Fox Meadows Products so physicians can have an in-house billing system while providing a remote connection to us. In this manner, physician offices can take full advantage of integrated Scheduling and/or Electronic Medical Record Software. As another option, Fox Meadows Software can host your software and allow you to connect remotely to us. We can also support practices that prefer to go sans office computers at this time.
Features contained in our Medical Billing Service solution offer the following perks:
1.Entering and maintaining all patient demographic data
2.Coding and entering all charges and submitting electronically to insurance carriers
3. Monitoring clearing house and carrier reports to make sure all claims are accepted for timely payment
4.Posting all monies to accounts including co-payments, payments on accounts, and all EOI from insurance carriers
5.Acceptance of all patient inquiries about billing and collection concerns
6.Communicate with in-house staff daily to ensure accuracy of all patient data
7.Monthly preparation of patient statements
8.Monthly reporting of practice activity
9.Physician credentialing assistance
10.NPI registration assistance
11.Communication with all professional collection services as required
Using our Fox Meadows solution is the professional way to bill. Allow us to handle your billing and questions, and your in-house staff to concentrate on patient care.