Clinicspectrum is a healthcare services company providing outsourcing/back office and technology solutions for 17+ medical billing companies, 600+ medical groups/healthcare facilities including hospitals, and hospital medical records departments.
1. 2222 Morris Ave. * 2nd
Floor * NJ, 07083
(908)834-1608 * www.clinicspectrum.com
ClinicSpectrum Hybrid Workflow Model Helps Billing Companies
Reduce Costs up to 30 Percent
ClinicSpectrum to attend HBMA with profitable solutions for billing companies to
prepare today for ICD-10 conversion
UNION, N.J., April 1, 2014 (HBMA Booth #201) – ClinicSpectrum, healthcare services leaders
providing hybrid workflow solutions consisting of both an innovative software suite and back-office
operations, are announcing their solutions for enabling billing companies to maximize profitability.
ClinicSpectrum will showcase its automated billing and credentialing solutions at the Healthcare Billing
and Management Association (HBMA) Spring Educational Executive Symposium, April 7th - April 9th,
2014 in Naples, Fla., providing billing companies with solutions to prepare now well in advance of the
new October 2015 ICD-10 deadline.
“Providers will have increased denials and cash flow issues, while billing companies will subsequently
also suffer from these problems as an extension of their work for providers,” said Vishal Gandhi, chief
executive officer, ClinicSpectrum. “Between open enrollment ending March 31, high deductibles and
code denials – all despite the change in the ICD-10 deadline – there are plenty of challenges that still
exist. The hybrid workflow solutions available exclusively from ClinicSpectrum provide a team of back-
office experts who will come in prepared to ‘save the day’ and resolve denials issues and cash flow
problems.”
ClinicSpectrum’s knowledgeable administrative team and technology solutions are proven to reduce
operational costs—up to 30 percent—and create a Collaborative Accountable Care model for billing
companies, according to Gandhi.
Next step: Automation
Available technology in today’s healthcare space adds to the burden of billing companies because most
solutions are not easy to use. ClinicSpectrum’s automated solutions solve such problems.
ClinicSpectrum’s back office team and automated solutions can together streamline claims entry,
payment posting, accounts receivable follow up, denials management and credentialing, as well as data
migration, custom interface and dashboard reporting.
Technology platforms for efficiency, uniformity and connectivity enabling automation and seamless
operability offered by ClinicSpectrum include:
AutoCollectSpectrum - Automating balance collection using a technology platform,
seamless messaging, decision support and rules for effective processing
CredentialingSpectrum – A complete credentialing profile module for management of
credentialing and re-credentialing activities with complete cloud-based documents,
management of credentialing documents, reminders on expiration of various credentials
such as CDS, DEA, License, CAQH, Board Certification, Mal Practice, and Hospital
Privileges as well as Auto-fax, Auto-email and Secure Messaging. The technology helps
companies manage Insurance Participation Agreements or its Contract.
2. 2222 Morris Ave. * 2nd
Floor * NJ, 07083
(908)834-1608 * www.clinicspectrum.com
Additionally, ClinicSpectrum’s accounts receivable follow-up service is designed to increase revenue
collection for physician offices. The process begins after the doctor’s biller creates and sends Health
Insurance Claims (electronic/ paper claims or manual HCFA forms) to various insurance companies.
“With increased medical record requests, daily denials and lower reimbursements, a billing company’s
staff responsibilities may require extensive efforts to keep up with existing business,” continued Gandhi.
“We know billing teams know their processes in and out. We’re here to do the work and the heavy lifting
and lessen their burden.”
About ClinicSpectrum
ClinicSpectrum is a healthcare services company providing outsourcing/back-office and technology
solutions for 17+ medical billing companies, 600+ medical groups/healthcare facilities including
hospitals, and hospital medical records departments.
The company is promoted by technical experts from diversified industries. In a span of 12 years,
ClinicSpectrum has been able to transform several billing companies and healthcare facilities nationwide
with unprecedented efficiency. The company’s strategy is to build productivity through the use of
technology, highly trained personnel who deliver results in a timely fashion, and customized consulting
services. ClinicSpectrum has created a solution for all the problems in running a medical billing company
and medical practice resulting in better clinical records, revenue cycle, and administrative task
management. For more information, e-mail Vishal@Clinicspectrum.com or visit
www.ClinicSpectrum.com.
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For media inquiries, contact:
Kate Traynor, KNB Communications for ClinicSpectrum
203-504-8230 x117
ktraynor@knbpr.com