We Are One Of The Top Medical Billing Company
Our company has billed for more than 100+ practices in 22 states. Our medical billing expert team works with providers nationwide to decrease stress of the billing and, more important, to increase cash flow. Our management team collectively has more than five decades of experience in managing the revenue cycle of practices from different specialties. Our services extend from front office services to managing Medical billing, Medical Credentialing and efficient handling of accounts receivables. We have developed a delivery model that combines onshore and offshore medical billing resources to provide a best-of-breed, yet low cost solution to our clients. Tech Virtual Services LLC has two focuses when partnering with a practice: to increase profitability (without necessarily increasing patient flow) and allow increased patient focus within the practice.
Partnering to increase profitability
The resources and expertise of Medico Billing make a difference in your profitability by helping you to cut costs by as much as 15% while helping to drive revenue. With the services we provide our partners, we are able to free up time for your office staff and the doctor to help them focused on patient care. Working with us enables you to exponentially reduce Account Receivables, increase patient-base, improve collections, while at the same time significantly reduce your personnel cost. We act as part of your office, working with your staff each day to insure a smooth running operation.
Medical Billing Strategies
Although different strategists build various strategies according to the practice needs,
Medical Billing
Patients’ insurance eligibility verification is the first step that precedes scheduling their visit, which leads to zero insurance denials. More than 60% of patients schedule their visits digitally. Properly managing their phone calls is of prime importance for our front desk team. Our medical front office and billing team helps to decrease patient no-show rate with an appointment confirmation and follow-up system. The most important segment of the billing process is the timely collection of the payment claims. If there are an increased number of outstanding claims, it can hurt the revenue targets of medical practices. Medico billing team timely follows up with each payer.
Medical Credentialing Services
We ensure the credentials received from the practitioner are utterly accurate and review them periodically for added verification. A team that completes the credentialing details and submits it to commercial Insurances, Medicare and Medicaid, as requested by healthcare physicians. Medico Billing team Physician Credentialing Services ensure compliance with the National Committee for Quality Assurance (NCQA) and the Department of Health and Family Services (DHFS). Create and update CAQH & PECOS credentialing portals. We resolve contracting issues and maintain data integrity through audits
Virtual Medical Assistants
When basic screening is done beforehand, you can focus more on delivering quality care. This also means that physicians will be able to cater to more patients per day. Thus, we can say that virtual assistants are as good as on-site assistants with the only difference being that they cost way less. Therefore, hiring a virtual medical assistant seems to be a win-win situation for medical practices. t takes medical practitioners many years to specialize in their respective fields but they end up spending half or at least quarter of their time taking patients’ history. This has a huge toll on their revenue and is the reason why virtual medical assistants are needed. By availing their assistance, you can not only get peace of mind but also save money.
Frequently Asked Questions
Tech Vritual Services & Medico Billing has worked with a variety of medical specialties, developed compliance and HIPAA programs from the ground up, and designed a streamlined process to suit individual practices. We are fully staffed with trained personnel; we have documented success in helping our clients become more profitable while alleviating the frustration of maintaining a billing department.
The Tech Virtual Service & Medico Billing operational module works as an integral extension of your practice. The management team is comprised of owners who are actively involved in the daily operations of the business. We have a personal stake in maximizing our client’s revenue and minimizing the revenue cycle period. We take the time to understand your goals so that we can achieve results to help you meet those goals. Medico Billing has a personal stake in your success and a proven track record of performance.
A variety of reports are provided at the end of each month based on the information you wish to review, including account activity and aging. Specific reports can be designed as requested. Medico Billing & TechVirtual Service suggests a monthly meeting for an in-depth review of the previous month and a comparison to present month’s collections, so that you may see trends and evaluate your practice performance as well as how Medico billing & TechVirtual Service is performing for you.
Yes! Tech Virtual Service & Medico Billing is fully committed to compliance with clear standards of performance and education as well as the use of constructive discipline when and where necessary to maintain adherence to compliance policy and procedure. The Office of Inspector General (OIG) issued compliance guidance to third-party billing companies in 2008.
All providers have different challenges and goals, so it is important for Tech Virtual services & Medico Billing to be flexible in the services we provide. Our first priority is to offer services that promote the best interest of your practice for the long term. Standard services include: