Revenue Cycle Management Services

Outsourcing billing services is the key to increasing your financial growth. Evaluating another party to entrust the financial well-being of your healthcare practice is an important process. Your decision will affect the financial prosperity of your practice and the financial receptiveness of your patients. Effective communications about a patient’s financial obligations are at the heart of a customer-friendly billing process. We treat everyone with respect, kindness dignity with a comfortable reminder of account balances. None of the services provided by Savant medical Billing are outsourced to another party to complete. All work is performed by U.S. based professionals that have graduated from certified medical billing and coding educational institutions.

Savant Medical Billing utilizes technology and tools to manage the swift collection of reimbursable fees. By your choice to outsource your billing services portion of a financial management plan we will make a lasting impact on the health of your growing revenue cycle. Evaluating your current revenue cycle process with you in the driver’s seat we will increase your profit margin. In the big picture this will provider you more time to focus on patient’s and practice growth.

Keep the billing processes that work for your practice in place. Our relationship starts with working closely together to evaluate and integrate the elements of your current practices to incorporate your new billing service. Each provider will have personal preferences to consider during our implementation time. Some providers may choose to continue to utilize their existing software and data transmission protocols, while others may want assistance converging into newer technologies, which reduce overhead and improve the revenue cycle. Savant Medical Billing will continue to work with your requests to realign any process to your practice needs. We are very tech savvy and are easily ordained into new software protocols and access. By adding Savant Medical Billing’s security officer as a user on your existing practice management programs will allow access the necessary information to process claims and manage collections on your behalf.
For sole practitioners Savant Medical Billing provides a well-rounded office support alleviating the need for additional office staff. By using technology to automate the billing process your revenue cycle will operate like a well maintained tool.

Electronic claims processing – Account Management – Patient Support
Fast, Efficient
Covers entire revenue cycle

First and Secondary Filings
Follow-up on Unpaid Claims
Processing Exclusion Explanations
Denial Claims Management
Submission of Appeals
Processing Patient Statements
Patient Communications (at the level you request)
Posting Payments (Insurance and Patient)
Monthly Aging Reports

Our system will scrub each claim prior to submission to eliminate any errors. This is the first step to prevent rejected claims. All rejected claims are tracked in our system and are immediately followed with corrective action. In the occurrence of a denial being issued our software tracks denials and we repair and pursue all claims until they are paid. Appeals will be filed when necessary.
These steps reduce the incidence of rejected claims, lower the potential for a denied claims, and supports decreased waiting time for funds to clear your account.
Through the utilization of technology the management of EOBs and ERAs is streamlined into automatic electronic delivery. If this option isn’t available through some insurance carriers we take responsibility for obtaining the necessary information.
Patient statements are generated monthly, or on an as needed basis. Your patients are always welcome to communicate with us to request any account information they might require. By providing this service we support the healthy boundary between provider healthcare management and billing service financial management of patient accounts.

There are some consistencies in the information we can review briefly here.
Below is a basic example of what I will need to receive from you on a weekly/daily basis to provide accurate and timely billing support.

Provided to Savant Medical Billing from your practice:

Basic demographics (intake form)
Identification (State Issued)
Health Insurance Card (copy or image front and back)
Patient preference of approved communications

FYI
If we are communicating electronically with your patient's, the practice privacy statement needs to include the use of electronic
communications from business associates.

5. Account or log of services provided:

Patient Identified
Date of Service
CPT(s) Applied
Diagnosis(s) Applied
Account of Monies Collected Including: Co-pays, Co-Insurance, Deductibles or Patient Payments on Account.

A suggestion...
Use an Excel sheet, super-bill, a log sheet provided by SMB or other means to report this information to SMB via fax on a daily or weekly basis. This format will be provider driven, the only thing that SMB requests is, that we schedule the same day each week that you submit information to me. This helps us be better for you.

6. Provide SMB with a copy of any correspondence received regarding the financial management of any patient or insurance accounts.

By providing this crucial information from your practice ensures correct set-up of billing accounts, timely insurance filing and prevents delays in the recapture of funds for your services
Provider preference will be requested to decide what format best fits your practice to transfer the data described above. Adapting to you is what we do. We are here to support an easier management of your revenue cycle. Providing a sense of relief that your accounts are accurate and kept up-to-date.

Seems like a lot of information? We assure you, once we get a system down between the two of us, your collections and account management will be seamless.Special preferences can be worked out as we negotiate our relationship.

Send SMB an email at the link below with any questions or concerns you may have. SMB will be able to bring clarity and understanding to any areas of our business interactions.

Thank you and I look forward to providing your practice and patient's with exemplary service,
Susanne

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