WHAT WE PROVIDE YOU:

• Workman's Compensation Claims Submission
• Personal Injury (Auto Accident) Claims Submission
• Electronic Claims Submission
• Paper Claims Submission
• Financial Activity Reports
• Monthly Patient Billing Statements
• Insurance Appeals
• Physician Credentialing (for an extra reduced fee)
• Data Entry
• Charge Entry
• Claims Follow-up
• Secondary Insurance Billing
• Setting up patient payment plans

Experience in Medical Billing:

With over 20 years in medical billing experience for a vast range of insurance companies, we pride ourselves on staying up to date with all the latest legal requirements.

We also work with your staff to make sure that we help you to achieve greater medical billing efficiency while reducing your costs.

We Communicate with Your Patients:

We make it our goal to make sure your patients are happy and that your doctor-patient relationship remains in tact. So we provide personal one on one communications with your patients regarding their bills thru telephone calls, mailings and email. We do not send a patient to collections until we provide you with all the details of our collection efforts and wait for you to sign over the account to us for collections.

Be aware that ICD-10 is on its way and scheduled to take effect by October 1, 2013. It will be a massive change. ICD-9 currently has around 16,000 codes. The ICD-10 codebook will have 155,000.

Be alert too that before you can use ICD-10, you have to move to an updated form of HIPAA's electronic transaction standards called Version 5010. The current standards in place won't work with ICD-10.

The big issue is that ICD-10 entails far more than picking up a new codebook. Your office faces a tremendous amount of work and expense.

The new ICD-10 is going to be a great asset in healthcare because it carries vast improvements over the ninth edition. It covers recent advances in medicine and technology and with up to 7 digits has room for alphanumeric expansion to keep up with current technology and science.

For more information on ICD-10 visit the California Medical Association website at www.calphys.org/html/cc822.asp a or visit the Centers for Disease Control and Prevention at www.cdc.gov/nchs/.

Power Medical Billing is committed to staying on top of the current ICD-10 implementation. We will be staying in contact with our software company as well as our clearinghouses to make sure that the transaction is smooth and your accounts receivable account stays low.

LOWER OVERHEAD - HOW?

LOWER EMPLOYEE COSTS

• WORK COMP

• FICA

• HEALTH INSURANCE BENEFITS

• VACATION AND SICK PAY

• BONUSES

LOWER OPERATIONAL COSTS

• OFFICE SPACE

• COMPUTER HARDWARE AND MAINTENANCE

• SOFTWARE PURCHASES, UPGRADES AND RENEWALS

• FORMS AND STATIONARY

• POSTAGE

• CLEARING HOUSE FEES

INCREASED REVENUE - HOW?

By doing it right the first time.

• Cleaner claims equal increase in percentage of paid claims.

• Claims audited for accuracy prior to submission to insurance.

• Claims submitted electronically which allows you to get paid in 7-14 days.

By allowing you to build your practice.

• By outsourcing your billing, you now free up your office staff to promote your practice and design new marketing strategies to gain new patients.

• By providing superior healthcare and maintaining exceptional patient relations.

Our fees are based on a percentage of our collections. So if you don't get paid then we don't get paid. This is a safeguard for you because it lets you know that we are very serious about making sure that all your claims are paid.