Medical Billing Coding - PowerPoint PPT Presentation

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Medical Billing Coding

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Vocis has extensive experience in providing comprehensive billing services for just about every specialty. We provide end-to-end medical billing coding services, including following-up of pending claims, initiating collections, finding out reasons for denials of claims, and tracking outstanding receivable balances. – PowerPoint PPT presentation

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Title: Medical Billing Coding


1
Revenue Cycle Management with free features of
PMS EMR/EHR and updates on ICD-10
implementation  
  • VOCIS, 8442 Dixie Highway, Louisville, KY 40258
  • 866 365 3909 502 638 4285 973 727 0444
    Web vocisinc.com Email contact_at_vocisinc.com

2
Revenue Management - Challenges
  • Healthcare providers are facing the complexities
    of medical billing operations with challenges
    such as
  • High A/R days
  • Low cash flows
  • Insufficient resources
  • Declining reimbursements
  • Lack of reporting/analytics

3
Maximize profitability - Ensure success
  • VOCIS Medical Billing Service has decades of
    multi-specialty experiences in
  • End-to-end revenue cycle management
  • Denial management and resolution
  • Professional services and revenue cycle
    assessments
  • Physician billing
  • A/R recovery

4
Our Medical Billing ServicesInclude
  • Fee Schedule Review and Analysis
  • Eligibility and Benefit Verification
  • Assistance with Provider Enrollment
  • Electronic and Paper Claims Submission
  • Account Receivables
  • Secondary Insurance Billing
  • Inbound/Outbound calling
  • Workers Comp and No Fault
  • Patient Demographics Entry
  • Authorization Request and Tracking
  • Charge Entry All Specialties
  • Posting of Insurance and Patient Payments
  • Patient Statement
  • Denial Review and Management
  • Customized management reports
  • Medical Coding

5
Accurate, reliableand faster
  • By partnering with VOCIS and utilizing our
    Medical Billing Services, our clients see
  • Remarkable improvements in cost to collect and
    payment per procedure
  • Significant reductions in A/R days
  • Decreased operational overheads and enhanced
    workflows
  • Robust analytics and reporting
  • Improved denial resolution
  • Maximized cash flows

Regardless of the size of your practice, our team
of certified medical billing service will enhance
your cash flows, reduce your operational cost
and improve your service quality. You can get
back to your patients and leave all billing
technicalities for us.
6
Our plan of action for ICD-10
  • ICD- 10 trained staff will keep the Providers and
    their staff up - to -date on the changes for
    ICD-10 implementation
  • ICD-10 codes imported in the billing software so
    that the testing can be started at the earliest
    with the new codes Testing starts effective
    Jan 2014
  • Generally we accept 45-60 days in AR as quite
    reasonable, but we would have to be more
    aggressive , more goal oriented. In actual words
    its time to challenge the process
  • VOCIS plans to focus on the AR a bit early so
    that the denials can be captured on time and can
    be worked accordingly. This will fasten the
    payment process.

Cont
7
  • AR reporting will be very crucial to manage the
    accounts efficiently
  • Zero to 30 days, separated by payer
  • Daily and weekly revenue
  • Outstanding days
  • Insurance verification for all the
    patients/accounts. This will ensure that the
    claims are billed to the right insurance and
    that will speed up the payment process and at the
    same time will reduce the denials

8
Pricing -We dont collect until you collect
The pricing structure for VOCISs billing and
coding services is straightforward, and
calculated as a percentage of your organizations
monthly net collections. To the contrary, the
pricing is determined by a detailed analysis of
your organizations key characteristics, finances
and other data. We charge just 4 to 8 of
collected amount
9
Who We Are
  • In 2000, A group of Healthcare Industry veteran
    talents teamed up to launch, 'Vocis', an
    organization with a difference, that specialized
    in making medical groups more competitive for
    today's world
  • Advised and owned by Physicians
  • A BBB Accredited Practice Management Company
    based in Louisville KY, involved in Medical
    Credentialing, Billing, Collections,
    Transcription, Practice Marketing, Virtual
    Receptionist, and Practice Set up for independent
    NPs, PTs, and MDs
  • Successfully providing services to over 150
    satisfied customers all over US
  • Experienced team of AAPC Certified Coders,
    Billing Specialists, AR Analysts, Denial
    Management Specialists, Quality Analysts and
    backed by experienced team of Software, Network
    and Hardware Engineers
  • State-Of-Art IT infrastructure center comprises
    of HP PCs, High speed internet leased line with
    assured 24/7 connectivity, Network Server
    monitoring, Data Back-up Remote storage
    facility and 100 power back-up

10
Contact us
  • Sales
  • 866 365 3909
  • General Information
  • Phone 502 638 4285
  • Web vocisinc.com
  • Email contact_at_vocisinc.com
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