Medical Billing Specialists play a crucial role in the revenue cycle management of healthcare organizations. To optimize the efficiency of your healthcare operations, consider partnering with top-tier Medical Billing Specialists available through Access Healthcare.
Teramed’s Billing Specialist model serves as an accountability partner, overseeing all account activities, recognizing trends, and performing in-depth analysis on outstanding accounts receivable (AR).
This approach leads to
Enhanced collection rates
Decrease in unresolved and aged AR
Reduction in AR days
Faster processing times
Increased return on investment
Lower operational costs
Having a partner well-versed in the intricacies of revenue cycle management instills confidence that your patients are enjoying the highest quality experience. Our Billing Specialists serve as liaisons, offering comprehensive status updates and weekly reports.
Account payments are managed, collected, and posted. Additionally, our team submits claims to payers, and follows up with the insurance companies regularly to ensure the quickest possible turnaround time on payments.
Account information undergoes regular analysis to identify trends and opportunities for enhancing revenue cycle processes. Issues such as unresolved accounts receivable, claim denials, and coding discrepancies are investigated to determine their root causes and are subsequently communicated to the client for resolution.
Gathering, posting, and overseeing account payments, as well as submitting claims and coordinating with insurance providers.
Analyze account data to detect patterns and opportunities for enhancing the revenue cycle process.
Investigate outstanding and aged accounts receivable, claim denials, and coding discrepancies (typically, these matters are referred to the client for resolution).
Serve as the client liaison, offering weekly status updates and comprehensive reports.
Utilize Teramed’s expertise-driven framework to enhance efficiency in your revenue cycle. Your Billing Specialist is extensively trained in industry-leading methodologies and will supervise every stage of the process, consistently identifying and evaluating opportunities for optimization.
Get in touch with us to learn more about Teramed's Medical Billing Specialists