Electronic Medical Claims Filing: OPTION 1

Few operational aspects of a medical practice are more critical than the billing and collection functions. However, maintaining a trained staff and an electronic billing system sophisticated enough to deal with the complexities of medical practice billing can be expensive and time-consuming.

Many practices that are interested in outsourcing the Medical Billing and Coding portion of their business have some non-billing related systems in place that they feel are effective and don’t need to be changed.

THAT IS OK! At Accurate Cash Flow Solutions, we commit to meeting your practice needs. We will be as much or as little as you need us to be.

We can simply gather your patient information and demographics and perform the entire billing function on your behalf.

No existing software platform, or any change to your existing software / IT infrastructure is required!

43.7% of a provider’s income …
is SPENT on Overhead and Electronic Medical Claims Processing! *

Your In-House Expenses:

With Accurate Cash Flow Solutions:

Employees
   Overhead Infrastructure
   Salary
   Bonus
   Health & Dental Insurance
   Medicare
   Social Security
   Workman’s Comp
   Liability Insurance
   Vacation
   Sick & Paid Time Off
   Taxes

Management
   Computer Hardware
   Initial Purchase
   Continuous Upgrade Costs
   Repair
   Support
   Additional Licenses
   Additional Workstations

Claim Coding, Billing & Tracking
   Supplies
   Forms

Coding Training
   Education
   Coding Manuals
   Paper Envelopes
   Postage
   EMC Charges

Other
   Phone
   Office Furniture
   Office Equipment
   Designated Fax machine
   Designated Scanner machine

Percentage of Claim

The above comparison is based on your ability to employ one (or more) individual(s) whose sole duty and responsibility is Electronic Medical Claims filing, coding, processing and follow up.

* New England Journal of Medicine