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— Marc Sopher, MD, Exeter NH
What is the worst part about your practice? For many of us. it's the billing nightmare.
To this end, Amazing Charts has contracted with a select few high-quality billing companies, willing to abide by our company's fundamental requirements of "amazing customer service at an amazing price with no nickle-and-diming allowed."
The result is that you can finally get paid quickly, appropriately, and without worrying that you aren't following the myriad of laws and regulations that make the practice of medicine so onerous.
No more frustration dealing with individual payors or unorganized billers. No more angst trying to figure out complicated billing software that only an accountant should use. Instead, let our contracted partners deal with all your billing and show you how amazing and easy your cash flow can be.
As you sign your notes in Amazing Charts, an electronic superbill is automatically generated. Each night, easily export and upload this superbill data over a secured and encrypted (HIPAA-compliant) connection to our servers. The third-party billing company takes this data, reviews and scrubs it for errors, submits it, and deals with denials.
Invoices for unpaid balances are sent out monthly, and uncollected charges can even be submitted directly to a collection agency on a case by case basis. Because using the Amazing Charts software allows improved efficiency and reduced data-entry expense for the billing companies, they are able to pass these savings back to you.
Our recommended billing partners are beyond experienced when it comes to coding. They are always up to speed on the constantly changing billing rules that none of us have the time to track. Being able to outsource your billing will lead to lower overhead expenses including software and labor hours, and many smaller expenses can be eliminated like postage and supplies. You will probably notice improved morale among your staff as one of the more stressful and time-consuming tasks is handed over to the experts. This will reduce employee turnover and training expenses. You will also benefit from the detailed account reporting all of our partners provide as well as cloud access to your account with many of them.
Beyond the savings you will realize from your overhead expenses, our billing partners pride themselves on maximizing your time. This means that maybe an updated coding may qualify you for more from the insurance carrier than the coding your staff has used. Being up to speed on the new coding means less denials and rejects which result in faster collections of the funds your practice is due to receive. In the end, you only will pay the billing company based on your net collections. We have negotiated with them to keep this rate of 7% or less of your net collections.
You will be able to find “cheaper” options on the market from time to time. Remember, when you purchase a service, the “price” is a small factor in the “value”. Anyone of us has learned this in many other facets of life. Don’t overlook that insight in your business decisions.
To learn more about our Billing Service partners, simply submit the form below. We will provide this information to the third-party companies with whom we work.