In the wake of rising healthcare costs having an in-house hospital billing personnels can bend the budget neck of the company, not only it is expensive but also tedious. Staff costs, infrastructure cost, training costs, and administrative costs will create a hole in the company budgets, dismantling the importance of cost governance, and competitive advantage. A good patient care would require undivided attention and patient coordination which can be instilled if lot of other tasks are scheduled and are duly taken care by dedicated staff for the same. Outsourcing hospital billing services can help you in leveraging the talent of skilled staff and cohesive team and overcome ongoing staffing challenges of healthcare industry.
Hospital Billing services we offer:
Medical billing: Our physician billing solution includes electronic claim filing, ongoing follow-up to ensure payments, and account receivable aging audits.
Medical coding: Our AAPC-certified coders are superior to the competition and have extensive experience with all coding systems, including ICD-10, HCPCS, and CPT. We closely collaborate with doctors to code documents and analyze patient data that is kept in the electronic health record (EHR).
AR collection and follow-up: We analyze, reconcile, amend, and resubmit a claim when the payer returns it to the physician’s office to make sure you are effectively reimbursed with a greater payout. Our team can provide you with the best-quality accounts receivable follow-up services within a quick turnaround time.
Credentialing: The secret to stress-free claim filing and reimbursement are thorough paper trails. The credentialing services provided by Qway may compile and assist in maintaining paper and digital records without losing any important data.
Denial analysis and denial management: Organizations should keep track of claim denials since they can result in significant losses. After determining the underlying reason, we make an effort to fix the problem before resubmitting. Once you engage us for denial management and claim filing, your chances of hassle-free claim acceptance increase significantly
Why Choose Qway for Hospital Billing Services?
- We have industry expert led billing team equipped with the prerequisite knowledge and expertise according to industry standards.
- We work with revenue driven growth flowchart citing necessary actions and course to take the revenue flow in rewarding direction with insights and data driven plans.
- Our trained personnel is proficient in regulations related to Medicare, Medicaid, managed care, third party liability, workers compensation, and other industry touch points.
- Our services are industry standard compliant with Health Insurance Portability and Accountability Act (HIPAA) standard.
- We strictly adhere to non-disclosure policies with regards to patient dental records, hospital reports, and patient information.
- We adhere to standards such as CPT, HCPCS and ICD-10
- Our coding experts are proficient in Medical Coding Levels 1, 2 and 3
Appeals and Claims support services
Patient end-to-end services
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