Physician Revenue Cycle Management at Medical Billing Service Company Illinois (IL)

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PHYSICIAN BILLING SERVICES
Healthcare Overview Presentation
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Revenue Cycle Management
Challenges you may face while managing the
revenue cycle process?
Low level of collections and large accounts
receivable backlogs
Retention and management of billing staff
Rising costs of administration and processing
services
Lack of qualified personnel and billing resources
Increasing need for IT capital expenditures
Difficulty keeping up with ever-changing claims
processing procedures
Lack of follow through on low value claims and
with insurance companies on Credentials,
payment, etc.
Distraction from core business objectives
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Our RCM Offerings
Eligibility and benefits verification
Authorization request and tracking patient
registration Charge entry Medical coding Payment
posting Electronic remittance posting
(exceptions) Submission of paper and electronic
claims Manage clearinghouse and payer rejections
Secondary insurance billing Patient statement
processing and mailing Patient pre-collections
processes Credit balance reconciliation AR
analysis and managementpolicy development Denial
review and management insurance and patient
follow-up and collections Appeal of all denied or
underpaid claims Return mail processing

Denial review and management Insurance and
patient follow-up Appeal of all denied or
underpaid claims Return mail processing
Daily/Monthly close Fee schedule review and
analysis
Medical record reviews Coding audits provider
enrollment and contracting Customized management
reports Old accounts receivable clean-up
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Benefits Of our Solution

• 48 hour turn around time for claim submissions
  and cash postings
• Prompt follow up on every account before 30 days
  aging
• Greater than 95 accuracy with fewer denials
• Dedicated account manager and detailed monthly
  MIS reporting
• Up to 40 reduction in operating costs and up to
  20 increase in revenue
• Faster collection cycle
• Decreased accounts receivable days
• Decreased financial delays
• Improved cash flow
• Improved document and data integrity
• Highly experienced billing resources
• Proactive approach to medical billing
• Eliminates employee retention and training
  headache

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Overview of Physician Billing Services

• Physician Billing Services, a subsidiary of a
  large national billing company, provides
  end-to-end business solutions for U.S. healthcare
  providers.
• PBS has a strong horizontal focus with its
  medical billing, medical coding, hospital revenue
  cycle management, collection EHR solutions.
• We have a solid team of certified billers
  coders and account managers who possess extensive
  expertise in billing and coding services across
  several specialties.
• PBS has been serving 1500 physicians, and deals
  with 14 different specialties.

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Partnership Program Key Highlights
PBS is looking for partnership opportunities with
consulting groups. In this partnership program,
PBS will serve as a partner for providing the
medical billing, medical coding, collections and
revenue cycle management services to the clients
of the consulting group.
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Benefits by Partnering with PBS

• You can expand your service portfolio to all the
  services we provide.
• 2. PBS will act as a back end service provider
  while you will continue
• to be the front end provider for your
  clients.
• 3. You get PBS Sales team support for closing
  sale cycle for the services
• provided by PBS.
• 4. You Get Listed on PBS website as our partner
  for the services you
• provide.
• 5. You Earn Lucrative commission on the invoice
  amount for the
• referred accounts.

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To be a PBS partner you need to

• List us on your website as your partner for
  revenue cycle management services.
• 2. Introduce PBS to your clients for the
  services it provides via mailers, newsletters.
• 3. Provide Referrals for the services we provide

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Contact Us

• Physician Billing Services Inc.1300 Iroquois
  Drive, Suite 205,Naperville, Illinois 60563.
• Phone  [phone]
• Fax [phone]
• Web http//www.pbills.com/

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Thank You