Overview: Physician Billing Services
The life of a physician billing is extremely busy especially during this extraordinary times. What is more frustrating is dedicating more time on back office backlogs! AMA long back ago surveyed nearly 1000 physicians, out of which
♦ Nearly 84% claimed that the burden of prior authorization is high or extremely challenging for them.
♦ Almost 64% waited for nearly 1 day or more for PA decisions from healthcare plans
♦ 92% delays on the same contribute to patient delay concerns
♦ 30% waited for three business days for prior authorization decision from health plans
One of the major deterrents in the process of growth for physician groups looking to expand their business and
increase revenue is an interrupted payment system. A steady flow of cash ensures, among other things, the regular availability of funds that is required to maintain continuity of core processes. In other words, it sustains a business and gives it the fuel to continue functioning smoothly.
Unfortunately, the real scenario is rife with issues involving delayed payments, red-tapes and accumulated account receivables. To add to the problem, there are rejections, denials and cases involving inaccurate billing or erroneous invoices. It’s no wonder that getting paid for services rendered so often turns into a nightmare!
This is an unfortunate state of affairs for physicians like you. To put it in simple words, after all the time and effort you have spent on providing the best quality services to your patients, not getting paid at the end of the day does leave a bitter taste in the mouth.
The Sunknowledge Solution on Physician Billing
A host of factors, including a lack of trained staff, an outdated or simply inefficient physician billing processes and an over-reliance on legacy technology – can all impact accounts receivable performance, negatively impacting practice profitability. Physician groups also need to develop strategies for better financial performance including governance assessment services, which can help ensure that your practice has the structure, agreements and contracts it needs.
This is where Sunknowledge can make a big difference. Our proactive and streamlined revenue cycle management process not only regularizes the flow of cash to your organization, but also gives you complete visibility and assurance of your payments – through every step of your billing chain. We can also help you to regularize processes, maintain the right focus and create the perfect claim-making scenario for quicker payments and faster resolutions.
Service Portfolio
Practice Management
♦ Patient Scheduling
♦ Eligibility Verification & Authorization
♦ Prior Authorization
♦ Customer Care
Billing & Collections
♦ Coding
♦ Charge Posting
♦ Claims Submission
♦ Payment Posting
♦ Denial Management
♦ Accounts Receivable Collections
We have been successfully serving healthcare providers in every domain – hospitals, nursing homes, urgent care centers, durable medical equipment, prosthetics & orthotics, and more. Our billers and coders are proficient in working in several industry-standard practice management and billing systems, and have an excellent track record in delighting each customer through their expertise, dedication and steady focus on making you realize your payments on time.
Some of the reasons why our clients love us include:
♦ At $7 per hour or 2% of collections, we deliver our services at the cheapest price
♦ Instant Reduction of your operational expenses by 80%
♦ Dedicated account Managers / team leaders assigned at no additional costs
♦ Experience in any billing platform: Brightree, Bonafide, Kareo, Universal Software Solutions
♦ No binding contract and seamless transition support
♦ Quick turnaround time
♦ High level of accuracy
♦ Proactive approach to the task of cash recovery
♦ Extensive follow-up measures till resolution
♦ Detailed reporting with suggestions for actions to be taken
Full HIPAA compliance
Get started here…
We welcome you to explore our widely acclaimed range of solutions crafted especially for healthcare service providers just like you. We will be glad to offer you our powerful yet cost-effective services to help you take your business to the next level of success.
To find out more about how we can help you, simply fill out the form below and send it to us. Whether you are looking for more information or wish to receive a free, no-obligation consultation, we are waiting to hear from you.
FAQ’s
Why choose Sunknowledge for Physician billing?
Our team has evolved as a top class revenue cycle management services company in the healthcare space. For more than a decade, some of the leading physicians, doctors, cardiologists, gastroenterologists have relied on our exceptional front and back end support to reduce their payments worries once and for all!
What difference will Sunknowledge bring to my practice?
Our team offers dedicated attention, will extend unparalleled support at the highest productivity metrics in the entire RCM world. We have excellent client references from the leaders in the RCM space and will transform your ROI possibilities.
Will you everything right from start to finish?
We offer you the flexibility of choosing our physician billing services on a standalone basis. Our team does all the heavy lifting work with eligibility checks, prior authorization, patient scheduling. Also we are equipped to handle all your post billing worries with Charge Posting, Medical coding, claims submission, denial management and accounts receivable collections.
How soon can you start?
We can start as soon as you want! After the sign up of the agreement, we will conduct a pilot call and move forward to the transition period. It will be a process of preparing the process manual and how we will work according to your protocols and practices, At all times, we believe in working as your dedicated extension.
Get started today!
So what are you waiting for? Speak to our experts and know how we set the perfect benchmark in your physician billing.