In general billing companies face a lot of challenges with their clients due to the shortage of skill set and domain expertise that result in Outstanding Revenues and disorganized Revenue Cycle management. Beidgewater provides a wide range of services in Health Care Revenue Cycle Management to Physician groups and Hospitals.
Our expertise spans across the entire gamut of the Revenue Cycle and our services meet the HIPAA Compliance and other regulatory requirements. We leverage best practices and technology to provide operational and financial solutions to our clients. Our goal is to maximize your revenue and minimize your cost.
Patient Demographics
Insurance Verification
Medical Coding
Charge Entry
Submission of claims
Cash Posting and Adjustments (Insurance and Personal receipts)
Accounts Receivable Analysis and Management
Aging Analysis & Denial management
Collections
This refers to our detailed monitoring system where our line managers conduct detailed and thorough quality audits on all transaction processing functions and testing.
This refers to our technology-enabled monitoring capabilities where calls are logged and reviewed by line managers for domain expertise, soft skills, communication and adherence to client specifics to ensure accurate data is processed.
Both Data Quality and Call Quality monitoring include stringent compliance standards to regulations such as HIPAA, depending upon the practice and nature of the process.
Streamline processes, improve efficiency, enhance ROI and accelerate growth
Improve productivity
Reduce staff requirement
Reduce payroll and training cost
Faster turnaround time
Quality output
Quick Response
Thus leading to substantial increase in profitability
Key benefits of outsourcing to Beidgewater
Billing specialists with experience in handling diverse specialties
Professionals with experience in handling various Medical Billing applications
Experienced AR Analysts and Denial Management Specialists
Significant savings in process cost
Better utilization of client's high-value resources