Outsourcing – When You Need Medical Billing Revenue
Outsourcing your medical billing is the best decision. Here’s why. Our proven track record helps private medical practices capture up to 10% more revenue through our Revenue Cycle Management Service.
You have invested years, resources, and energy to become a medical provider. And you do not want to spend much time managing your billing and revenue cycle. Specifically, that is why ebix, Inc. is here. We have the talent, methodology, and resources to help your practice flourish.
- Free Process and AR Analysis
- Ongoing coding education for your staff and ours
- Reduce Management Headaches
- Advanced-Data Analytics
- Detailed and Thorough Claims Follow-up
- Consistent Results
- Accountability and Transparency
- Up to 10% Added to Your Bottom Line
Accordingly, providers outsource medical billing for several reasons.
Outsourcing your medical claims billing process is beneficial to your practice. Specifically, it will speed up the process, reduce business expenses, and increase efficiency. Most importantly, to increase the efficiency, revenue, and ultimately the income of their practice.
It is essential to realize that the key to a successful Revenue Cycle Management Service is understanding all of your practice’s revenue sources. Hence, our team will help improve profitability by monitoring, measuring, and managing all aspects of your revenue cycle.
The ebix team has excellent tools and experience. Hence, our RCM Service is an outsourcing solution in place to capture revenue from claims remittance, patients, and evidence-based data. Collecting from all these sources will help secure your practice’s healthcare payments and make it more profitable.
Outsourcing Revenue Cycle Management Service
Managing revenue for medical practices can prove challenging due to the complexity of payor requirements. Hence, our RCM Service can help by ensuring accurate and timely billing through certified medical coders. Therefore, fewer claim denials and higher reimbursement ultimately improve revenue.
Accordingly, our team is dedicated to helping you optimize your revenue cycle by verifying eligibility and benefits coverage, clinical documentation standards, and adhering to payor rules and mandates. Thus, accurate patient information and clean claims are vital for a successful revenue cycle.
Further, to achieve financial success, it’s essential to understand all revenue cycle sources and utilize tools and expertise to collect payments from insurance, patients, and data. Finally, our team can assist you in increasing profits and ensuring timely payment for healthcare services, ultimately helping you achieve financial success and increase revenue.
At The Forefront of Physician Support
Furthermore, affiliations with professional organizations enable ebix, Inc. to stay at the forefront of physician support and fiscal management in healthcare settings.
- The Advance for Health Information Professionals
- The American Academy of Professional Coders
- The American Association of Healthcare Administrative Management
- The Clinic Credit Managers Association
- The Wisconsin Medical Credit Association
- The Medical Group Management Association
Contact us for a Complimentary Consultation. Download Brochure ebix Overview PDF.