The healthcare industry is facing a lot of business pressure to remain financially viable while continuing to provide quality care. There has been a rapid increase in the number of participating healthcare organizations which consume time and energy leading to negative profit margins and increased risk under increasing governmental regulation. To achieve sustainable profitability healthcare organizations require a high degree of expertise in their billing process.
Sage IT has such expertise! Our services allow you to spend more time for caring the patient leaving the billing to us.
Healthcare providers are facing the complexities of medical billing operations with challenges such as:
- Lower A/R
- Low cash flows
- Insufficient resources
- Declining reimbursements
- Lack of reporting/analytics.
Sage IT billing team has of multi-specialty experience in:
- End-to-end revenue cycle management
- Denial management and resolution
- Professional services and revenue cycle assessments
- Physician billing
- A/R recovery
Medical Billing Services:
- Fee Schedule Review and Analysis
- Eligibility and Benefit Verification
- Assistance with Provider Enrollment
- Electronic and Paper Claims Submission
- Account Receivables Management
- Secondary Insurance Billing
- Incoming patient calls
- Worker’s Comp and No Fault
- Old Account Receivables Recovery
- Management reports
- Authorization request and tracking
- Patient payment posting
- Insurance Follow Up
- Patient Statement processing and Mailing
- Denial review and Management
- Appeal of all Denied or Low Paid Claims.
With our expertise in medical billing benefits our clients are seeing:
- Remarkable increase in payment per procedure
- Reduction in A/R days
- Operational costs reduction and enhanced coordination.
- Significant reduction in claims denial
- Steady cash flow.
- Wide variety of reports in detail.