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Between lagging reimbursement rates and constantly changing regulations, collecting the money legitimately owed to your practice has become an uphill battle. Fortunately, we can help. Through our full-service revenue cycle management services, HCFS helps you ease your administrative burden, speed reimbursement and keep days in accounts receivable well below average. We also provide expert guidance designed to help you gain more control over your managed care contracts and optimize your revenue.
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Our Comprehensive Billing Services Include:
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 | Helping you set an appropriate fee schedule |
 | Evaluating your existing managed care contracts for efficiency |
 | Negotiating favorable payment rates with managed care payers |
 | Correctly enrolling your physicians and mid-level providers with third party payers |
 | Accounting for all of your billable patient charts through daily audits |
 | Correctly coding all billable medical records |
 | Maintaining stringent HIPAA and coding compliance |
 | Collecting deductibles and co-payments from your patients, including "self-pay" patients |
 | Getting your insurance claims and patient bills and statements out quickly and accurately, using electronic means whenever possible |
 | Researching and handling all refunds |
 | Correctly depositing funds into your group’s bank account |
 | Providing a National Patient Service Center to manage billing inquiries from your patients and payers |
Our Diligent Collections Process
In a perfect world, all medical bills would be paid promptly and correctly. But since this is not the case, we’ve put together dedicated claims denial teams that respond quickly when your claims are denied, underpaid or ignored. HCFS billing centers utilize advanced technologies such as electronic skip tracing and electronic insurance verification systems to locate hard-to-find patients and identify insurance coverage more quickly in the revenue cycle. Our diligent follow-up and collections process keeps the insurance companies on their toes - and your income flowing in.
Let Our Experience Work for You
Boasting the largest emergency physician billing operation in the United States, HCFS submits 6 million insurance claims and processes invoices for 7 million new patients annually on behalf of our clients. Our billing services are backed by the expertise, support and technologies needed to get your cash "off the table" quickly and into your bank account where it belongs. In fact, many of our clients experience a dramatic increase in their income as a result of utilizing our services.
Isn’t it time you collected more of the money you deserve? Get a free, no-obligation revenue projection and cash flow forecast to learn how much we expect to collect for your practice.
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