Medical debt causes most patients stress and creates many questions. A good question/answer resource we have found is a website called Ask Dr. Debt. This site answers many frequently asked questions and gives suggestions on how a patient can eliminate and reduce medical debt.
Supported by the ACA International Education Foundation, Ask Dr. Debt is a resource for your client’s. The key areas Ask Dr. Debt offers advice are:
1. Know your rights when dealing with creditors and debt collectors.
2. Take action to avoid further debt and resolve current debt.
3. Get answers to debt questions and read answers to questions submitted to the site.
To view the site click here: www.askdrdebt.com.
Monday, May 10, 2010
Thursday, May 6, 2010
A Few Tips for Running a Medical Office in a Tough Economy.
We came across this article in Web Articles.com and thought many of the tips and tasks were helpful advice.
1 – An effective piece of medical office software is becoming a must have. Software can help you check patient eligibility with insurance companies to make sure the patient is covered for insurance. This is a repetitive task that may be taking up too much of your employee's time. Have the software do this for you.
2 - Check patient balances when they are calling for an appointment and remind them of any outstanding balance before they even get to their appointment. Ask them to bring a check or credit card with them to appointment to pay off the outstanding balance.
3 - Collect patient deductibles and insurance co-pays at time of service. Offer different payment options.
4 – Follow up on all insurance denials or rejections. If you need help making these follow up calls, contact ORI.
5 - Schedule efficiently to fill up your schedule.
6 - Immediately bill any claim to the patient if the insurance company denies it.
7 - Send patient statements at least monthly. The more current contact your office is able to have with the patient, the more likely it is you will be paid in full. Consider ORI’s FirstMed Contact service for recent aging accounts.
1 – An effective piece of medical office software is becoming a must have. Software can help you check patient eligibility with insurance companies to make sure the patient is covered for insurance. This is a repetitive task that may be taking up too much of your employee's time. Have the software do this for you.
2 - Check patient balances when they are calling for an appointment and remind them of any outstanding balance before they even get to their appointment. Ask them to bring a check or credit card with them to appointment to pay off the outstanding balance.
3 - Collect patient deductibles and insurance co-pays at time of service. Offer different payment options.
4 – Follow up on all insurance denials or rejections. If you need help making these follow up calls, contact ORI.
5 - Schedule efficiently to fill up your schedule.
6 - Immediately bill any claim to the patient if the insurance company denies it.
7 - Send patient statements at least monthly. The more current contact your office is able to have with the patient, the more likely it is you will be paid in full. Consider ORI’s FirstMed Contact service for recent aging accounts.
Wednesday, May 5, 2010
Professional Aging Management. Why Outsourcing Makes Sense.
Aging management requires patience and experience. Outsource Receivables, Inc. can help.
How much work and hassle would you save if you only had to deal with accounts that were current? The accounts that take the most time and require the most expertise are those that are 30, 60, 90,120 or more days old. Wouldn't it be a great relief to have Outsource Receivables, Inc., step in and handle them? Our specialists can turn those aged accounts into cash!
We'll work closely with you and your team to customize a plan to turn your aged accounts over to us. Our specialists are experienced with all payer types and have contacts at most insurance companies. We have a consultant and trainer on our team who works with our associates to ensure that we're up to date on HIPAA, Compliance guidelines, and policy changes with insurance companies. We hold our associates accountable for dealing with payers and patients in a very professional manner. We track project data and provide you with monthly reports on the money collected, as well as sharing any other information that can help you make positive changes to your processes and systems.
Versatile and efficient aging management, the ORI Aging Team works projects for medium to large healthcare groups that have $500,000 + in aged A/R to be managed. For more information on this and other medical accounting needs, visits www.outsourcereceivablesinc.com.
How much work and hassle would you save if you only had to deal with accounts that were current? The accounts that take the most time and require the most expertise are those that are 30, 60, 90,120 or more days old. Wouldn't it be a great relief to have Outsource Receivables, Inc., step in and handle them? Our specialists can turn those aged accounts into cash!
We'll work closely with you and your team to customize a plan to turn your aged accounts over to us. Our specialists are experienced with all payer types and have contacts at most insurance companies. We have a consultant and trainer on our team who works with our associates to ensure that we're up to date on HIPAA, Compliance guidelines, and policy changes with insurance companies. We hold our associates accountable for dealing with payers and patients in a very professional manner. We track project data and provide you with monthly reports on the money collected, as well as sharing any other information that can help you make positive changes to your processes and systems.
Versatile and efficient aging management, the ORI Aging Team works projects for medium to large healthcare groups that have $500,000 + in aged A/R to be managed. For more information on this and other medical accounting needs, visits www.outsourcereceivablesinc.com.
Tuesday, May 4, 2010
ORI Restructures to More Efficiently Focus on Client Needs.
In our ongoing effort to provide exceptional services to our clients, Outsource Receivables has been diligently re-vamping the structure and processes within our company over the first quarter of 2010.
The results are exciting and we’d like to share some of the important changes at ORI with you.
As part of assuring efficient and compliant workflow, we’ve added the position of Manager of Production Quality and Compliance. The position includes five key areas of emphasis that include: process improvement, quality assurance, analysis and work-flow design, employee training, and reporting. Duane Horn, an Outsource Receivables veteran, has been promoted to this position. Read more about Duane in our employee spotlight this month.
We’ve also added five Team Lead positions for the key areas of our business. Our five focus areas include: Clerical, Professional Medical Billing/Insurance, Professional Medical Billing Data Entry, Professional Aging Management Projects, and 3rd Party Collections. Each Team Leader and their team is focusing on a ten point program that places greater emphasis on customer service, education and training, and overall company production goals.
We feel these changes make Outsource Receivables more efficient and focused on the needs of our clients.
The results are exciting and we’d like to share some of the important changes at ORI with you.
As part of assuring efficient and compliant workflow, we’ve added the position of Manager of Production Quality and Compliance. The position includes five key areas of emphasis that include: process improvement, quality assurance, analysis and work-flow design, employee training, and reporting. Duane Horn, an Outsource Receivables veteran, has been promoted to this position. Read more about Duane in our employee spotlight this month.
We’ve also added five Team Lead positions for the key areas of our business. Our five focus areas include: Clerical, Professional Medical Billing/Insurance, Professional Medical Billing Data Entry, Professional Aging Management Projects, and 3rd Party Collections. Each Team Leader and their team is focusing on a ten point program that places greater emphasis on customer service, education and training, and overall company production goals.
We feel these changes make Outsource Receivables more efficient and focused on the needs of our clients.
Subscribe to:
Posts (Atom)
