Do you find your finances getting out of control due to your accounts receivables and claims aging rapidly climbing? A disorganized hospital billing process will not only affect your revenue but will add to your daily stress. Outsourcing presents a great solution for your hospital billing requirements, helping you organize the entire billing and collection process at a fraction of your current operating costs.
Medivance Billing Service can help you make the most of outsourcing with its hospital billing services and over 10 years of experience serving the healthcare industry. We understand the billing process in your hospital and can customize our services for maximized results. Also, at Medivance Billing Service we are stringent followers of HIPAA compliance regulations and constantly keep up to date on the ever changing major regulatory standards.
Streamline your hospital billing process at Medivance!
Once your hospital billing process is in our hands, we can take care of the entire cycle including the following:
- Pre-admission procedures
- Data entry of patient information during admission
- Coding of data
- Billing statements generation
- Accounts receivables management
- Interactions with insurance companies including claims follow up, approvals and denials
- Hospital billing collection services
- Collections reporting
- Medivance works with most hospital billing software
At Medivance, our team can work on all major medical billing software such as:
- Medisoft ®
- Medical Manager ®
- eClinicalWorks ®
- AdvancedMD ®
- Kareo ®
- Elligence ®
So,What are your benefits by outsourcing your hospital billing to Medivance?
Apart from relieving you from the managerial and infrastructural hassles of maintaining an in-house hospital billing division, you can look forward to:
- Timely billing of accounts
- Real-time generation of billing status reports
- Structured processes and quality control measures to ensure error-free billing
- Increased collection ratio with a faster collection of accounts receivables (AR)
- Increased reimbursements
- A possible 40% savings on your operating costs by choosing Medivance’s hospital billing services.