Cash flow is key. Your days spent on A/R, or revenue cycle management, has a significant impact on your bottom line. Outsourcing medical billing to a professional billing service can help you submit your claims faster and with fewer errors, so you receive payment from payers in the shortest amount of time. Your payments are posted by professionals who will prevent errors in payment posting, resulting in denials being detected upfront. These are worked and resubmitted for timely payment.
EZ Med Billing Inc. will ensure that you are transmitting claims electronically to all possible carriers and are set up to receive ERAs, further reducing turnaround time. Achieving the highest reimbursement possible in the shortest amount of time puts money in the bank and not on the books.
Credentialing:
EZ Med Billing Inc. gets through all the red tape for you. We take care of all Credentialing Applications from start to completion.Insurance companies all have varying standards and policies for credentialing, and we know them inside out. Our vast knowledge is there to serve you faster and better!
Fee Schedules:
Since reimbursement is the key, we stay on top of your Fee Schedule by applying for Fee Increases, whenever your company may have the opportunity to be eligible. EZ Med Billing Inc. will ensure that you get the maximum you can qualify for!
Consistency:
EZ Med Billing Inc. can provide the benefit of a vast knowledge-base and just as importantly; we are privy to aggregated trends from a network of other practices. This inside information keeps us on the cutting edge and shared knowledge is transferred to the YOUR practice in real time. Real time information can be invaluable when the change is fast paced and unprecedented.
Economies of Scale:
EZ Med Billing Inc. distributes our expenses across the entire client base providing an economy of scale. We can operate at a lower cost than a single practice and those savings are passed on to you. We can afford to hire the best staff possible, so you pay less for the same and often higher collection percentages. In addition to the direct financial benefit of higher returns and lower costs (overhead, staff, insurance, hardware…), you save in the more difficult to quantify areas of time, stress, and office space.
Why we use and offer AdvancedMD to our clients:
AdvancedMD is the most efficient and professional tool that streamlines and automates all billing tasks. AdvancedMD greatly improves the processes of our business!