8 hour workdays lead to a stagnant revenue cycle and increased workload ! 24/7 RCM process is the smarter way to work ! http://www.billingparadise.com/24-hours-billing-and-collection-services.html
2. Does your biller also double up as a…
1. ICD-10 Certified Coder
2. Denial Analyst
3. EMR PM Biller
4. AR Agent
5. Eligibility Verification
6. Credentialing and Contracting Agent
Is your billing office closed 16
hours a day?
3. First 8 hours:
(8 AM - 4 PM):
AR Calling
Second 8
hours:
(4 PM – 12 AM):
Claim Analysis
Third 8 hours:
(12 AM – 8 AM):
Denial
Management
The 24 Hours of Our Billing Cycle
7. Tracking unpaid claims.
Allocating work queues to callers based on
previous experience of handling similar rejections.
Analyzing your pending AR.
The first 8 hours are dedicated to…
1
2
3
4 Following up with insurers.
8. Second 8 Hour: 4 PM to 12AM
Client Management Team:
• Here we create claims based on the super-bills
received or based on the output given by our coding
experts.
• Internally scrubs the claims and transmits to the
insurance companies.
9. EOB Posting & Denial Management Team:
• This generates a denial report and start working on
the denials if any on a case to case basis on the
same day of EOB receipt.
Third 8 Hour: 12 AM – 8 AM
11. Send claims to clearinghouses.
In the second half of the day we…
Correct claims based on ERAs
received.
5
6
7 Transmit claims to insurers.
12. • We use analytical tools to track rejection pattern
and frequency of claims.
• We work methodically to weed out denials from
your practice and ensure you see a 98% decrease
in denied claims.
The Last 8 Hours:
13. Our Denial Management Team:
1
2
3
4
Claim analysis team
Trend analysis team
Financial planning
Denial prevention team.
14. Get in touch with us and transform your
practice with our
24/7 revenue management solutions