Information Technology and Services - , Virginia, United States
Executive SummaryIn today's rapidly evolving healthcare environment, providers not only have to concentrate on the patients but also keep a keen eye on the bottom line of their practice. However, complex payer guidelines and evolving regulations tend to adversely affect the practice's financial health if billing is not done in a prompt and accurate manner.Studies indicate that medical practices can lose a significant percentage of their potential revenue due to various factors ranging from down coding to late filing. Statistics show that down coding and denials (which are usually not appealed) can cause a substantial loss in revenue if not dealt efficiently. Therefore for a larger practice, the losses can be even higher. HILFE BILLING PROVIDERS offers a flexible portfolio of medical billing services ranging from simple follow-ups to comprehensive revenue cycle management without disrupting the existing processes of your practice. Our mission is therefore to increase your revenue by following up on any claims, denials, resubmissions and rejections, further coming up with the best professional and technical advice to avoid any future hurdles or delays in your revenue stream. With comparatively lesser rates and designated account managers Hilfe Billing Providers makes an attempt to provide prolific results and eliminate any loopholes present in your current billing process.