Are you establishing a new private medical practice?

You have invested years, resources, and energy to become a New Private Medical Practice. Moreover, you do not want to spend much time managing your billing and revenue cycle. Specifically, that is why ebix, Inc. ebix, Inc. helps private medical practices increase revenue by up to 10% through our Revenue Cycle Management (RCM). We have the talent, methodology, and resources to help your practice thrive.

Your New Private Medical Practice Benefits:

  • Initial Credentialing is Free. Our expert staff reaches out to the carriers of your choice to obtain network status.
  • Analysis of Fee Schedule. At the forefront, the mission is to assist in researching the best levels of change. We keep a watchful eye on network agreements to ensure that any fraudulent reimbursements are not slipping through the cracks.
  • Consulting on Workflow Optimization. Our leadership staff has over 100 years of combined experience.
  • Advice on Carrier Contracts. There are pitfalls to avoid in contracts and situations that may cause you to choose non-network status with challenging carriers.
  • Coding Expertise. We can provide coding staff to extract codes or review your code. We offer chart audits and staff education. Revenue and a clean audit are the results of our efforts.
  • Fees based on Results.
  • There won’t be any surprises. You won’t have to pay extra for postage, claims, statements, or custom reports.
  • Submit claims quickly to avoid delays or write-offs. Immediately, your billing will be processed when received, so submit it properly to prevent issues.

Contact us for a Complimentary Consultation.

Download Brochure ebix Overview PDF

Download Brochure ebix Physician Credentialing PDF

Medical Coding Compliance for Your New Private Practice

The ebix Billing Services team has a strong reputation as an expert in medical coding services. By and large, medical billing begins with accurate and complete documentation in the medical record. Hence, coding converts intellectual work into billable code for insurance and service worth recording.

Unquestionably, the most noteworthy are the ICD-10 codes. The ICD-10 is currently the cornerstone of classifying diseases, injuries, health encounters, and inpatient procedures in morbidity settings. Because of this, the ebix, Inc. team has honed coding skills to meet the needs of independent physicians.

Therefore, converting medical information into universal code numbers for insurance claims is the main purpose of medical coding. For this reason, our certified medical coders help increase reimbursement by correctly aligning services with medical diagnoses. Consequently, this doesn’t just assure proper payment. It will also minimize denials resulting from the incorrect association of diagnosis and procedure codes.

New MedicalData Analytics for Your New Private Medical Practice

Financial reporting helps identify and solve charge issues, improve processes, ensure coding compliance, and maintain claim integrity. Hence, office Managers and Administrators can review performance, analyze root causes, and evaluate claim denials’ financial impact.

Your New Private Medical Practice will Minimize Claim Denials.

Naturally, a successful revenue cycle starts at patient registration and continues throughout the claims cycle. Indeed, accurate the patient data reduces claim issues and statement returns.

The Forefront of Physician Support

Furthermore, ebix, Inc. stays ahead in healthcare by affiliating with professional organizations.