medical billing COVID-19

Preventing the Coronavirus from Impacting Providers Revenue Cycle

When you choose a medical billing consultant for your practice, you’ll love the results. Unlike other administrative workers who handle several different areas of your practice, ebix, Inc. helps prevent the COVID-19 from impacting your revenue cycle.

Now is not a time to say “no” to creative ideas such as outsourcing medical coding and billing.

The Need for Remote Work Capabilities Becomes Urgent

Despite the employee demand for flexibility, money-saving opportunities, and as a recruitment incentive, some revenue cycle leaders have been hesitant to allow their employees to work remotely, due to concerns about remote credit card processing and worker productivity at home.

But with people around the world is urged to practice “social distancing,” the need to allow revenue cycle employees to work from home has escalated.

Private Practice Providers strategically began moving their revenue cycles toward a remote workforce, such as outsourcing medical coding and billing with ebix, Inc. This strategy has successfully managed its revenue cycle in the wake of the COVID-19 pandemic.

Telemedicine Will Soar During and After COVID-19

As the number of cases of confirmed COVID-19 — the disease caused by the novel coronavirus SARS-CoV-2 — skyrockets in the United States, family physicians are consumed with trying to the best care for their patients while protecting themselves and their staff.

That’s why telehealth has become such a useful tool for providing care for these patients.
And right on cue, the AAFP recently updated its guidance on using telehealth to specifically address caring for patients during the COVID-19 pandemic.

There are numerous options when it comes to reporting visits that are not the traditional face-to-face office visit. The medical coding and billing team of ebix remains current to ensure claims are submitted properly thus eliminated claim denials.
The Truth is, the Coronavirus is going to Impact Providers Revenue Cycle for the Foreseeable Future.

Capture up to 10% more revenue quickly

Now is not a time to say “no” to creative ideas such as outsourcing medical coding and billing  The #1 billing solution for small and mid-sized practices is ebix, Inc.

It is essential to realize that the key to successful Revenue Cycle Management to understand all your practice’s revenue sources. Hence, our team will help improve profitability by monitoring, measuring, and managing all aspects of your revenue cycle.

Indeed, the ebix team has excellent tools and experience. Hence, our Revenue Cycle Management solutions are in place to capture revenue from claims remittances, patients, and evidence-based data. Collecting from all these sources will help secure your practice’s health care payments and enable it to become more profitable.

Contact us today. We stand with you during this unprecedented medical situation.

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