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Medical Billing News From ClaimCare

ClaimCare Named Among Top Five Medical Billing Companies!

Posted by ClaimCare Resources on Wed, Jan 25, 2012 @ 10:18 PM

Tags: medical billing, medical billing companies, ClaimCare News, medical billing services, selection process, best medical billing companies

Best Medical Billing CompaniesIn kicking-off 2012, Money & Business, the online magazine that provides comprehensive coverage of business and personal financial matters, named the ClaimCare Medical Billing Company among the top five online medical billing companies. Independent researcher/writer Michele Wyan, listing the top five companies in alphabetical order, was impressed with ClaimCare’s track record, extensive experience and proven ability to serve all medical specialties nationwide.

The researcher, mirroring ClaimCare’s mission “To collect the maximum revenue for your practice as fast as possible while helping to alleviate costs and hassle for your organization,” spotlighted a couple of ClaimCare’s many positive attributes:

  1. A guarantee that 85% of charges will be resolved within 60 days and that 95% of charges will be resolved within 120 days.
  2. The submission of claims within one weekday of receiving documentation of a patient encounter. If ClaimCare misses a claim submission deadline, the client is reimbursed for the missed claim.

ClaimCare’s CEO/President Carl Mays II says, “This recognition is greatly appreciated because it reflects the dedicated hard work and the consistent, conscientious attention to detail that ClaimCare employees provide in order to serve our clients and to accomplish our mission. We are also quite proud of the fact that we have the ability to work on all major medical billing systems such as Centricity, eCW, NextGen, eMDs, Sage, Greenway, Misys, etc.”

About ClaimCare, Inc.

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience and can work its clients' medical billing systems.  For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

ClaimCare is Alive and Well

Posted by ClaimCare Resources on Tue, Jan 25, 2011 @ 10:56 PM

Tags: medical billing companies, ClaimCare News, medical billing services

ClaimCare Medical Billing ServicesMark Twain is attributed with saying, “The reports of my death are greatly exaggerated.” We at ClaimCare can now relate to how he must have felt! A small company by the name of Claim Care that helped patients with denied claims (and not associated with us in any way) closed their doors in September 2010. We were not even aware of the group until someone phoned us this week to see if we were still in business. Be assured – ClaimCare is alive and well – and going strong!

Not only are we alive and well – we are continuing to keep on the cutting edge of information and key technologies to collect the maximum allowable revenue for our clients while alleviating costs and hassles for their offices. We look forward to continuing to serve all of our existing and new clients in 2011 – and beyond!

About ClaimCare, Inc.

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

Clean up your old AR with ClaimCare’s new AR Clean-Up and Denial Management service

Posted by Carl Mays on Thu, May 20, 2010 @ 01:03 AM

Tags: medical billing, medical billing companies, improving medical billing, denial management, medical billing resources

AR clean up denial managementClaimCare is proud to announce a new service offering for Practices who do their billing in-house  - Old AR Clean-Up and Denial Management.  This new service will enable Practices who do not want to outsource their entire billing (or who are temporarily short-handed) to capitalize on ClaimCare's deep expertise with insurance follow-up, patient collections and billing processes.  

"This is a great way for a Practice whose billing process is fundamentally sound but has room for improvement to quickly capture the collections that are tied up in old AR, receive targeted and actionable feedback on their billing process, and potentially gain concrete, lasting insights and improvements in their billing," stated Carl Mays II, President of ClaimCare, in a recent interview.

With ClaimCare's AR Clean-Up and Denial Management service, Practices will receive:

  1. A seasoned insurance and patient follow-up team to work all of their AR over 60 days old - this frees the Practice's staff to focus on the current billing instead of getting bogged down with working the old AR;
  2. Feedback on the Practice's coding;
  3. Feedback on the Practice's adjustments (i.e., are charges being adjusted off that are actually payable);
  4. Feedback on the Practice's overall billing processes (e.g., poor insurance verification that leads to significant delays or denials, pin-pointing codes that are consistently denied, solving pre-authorization problems, etc); and (if you choose).....
  5. A series of dashboard reports for the Practice that will provide an on-going, easy to use reporting mechanism for the Office Manager to more effectively oversee the Practice's AR.

"The reason that we call this a ‘denial management service' as well as Old AR Clean-Up, is because of the long-term improvements that ClaimCare's feedback and coaching will provide to the Practice," Mr. Mays explained recently.  He went on to say, "This program really provides the Practice with the best combination of AR recover and expert consulting - but "hands-on" consulting from a team who is actually working your old AR --- not just spending a few hours or a couple of days reviewing a sample of your charges or AR."

To learn more about this innovative program, visit the Old AR Clean Up and Denial Management page of ClaimCare's website, email [email protected], or call (877) 440-3044.

About ClaimCare, Inc.

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

ClaimCare’s Patient Collection Tool Maximizes Patient Collections

Posted by Carl Mays on Thu, Jul 23, 2009 @ 08:45 PM

Tags: improving medical billing, patient collections

Patient CollectionsA recent survey of 1,279 physician practices, medical billers and billing offices released June 15, 2009 by NaviNet Inc., found that 49% were unable to estimate the amount due at the time of care, other than predetermined co-pay.  As a result according to McKinsey & Co. doctors collect only about half of the balance due from patients and that this translates to $14 billion to $30 billion in bad debt annually.

Collecting at the time of care is growing in importance as even insured patients are increasingly on the hook for an ever-larger share of costs. In 2008 the average patient deductible grew by approximately 10 percent. In 2009 the deductibles grew by 15 percent. This is a trend that physicians cannot ignore. They need a way to economically and reliable collect the money patients owe.

The good news is that such a tool is available.  ClaimCare provides its clients with a patient collection tool that can attack the root of the problem - not knowing before the patient leaves the office how much the patients will owe for the service provided.  In addition, this tool provides enhanced payment options to collect the money owed.

Our clients indicated that in many cases it has doubled or tripled their front desk collections. This patient collection tool can:

  1. Confirm the patient's eligibility coverage and benefits, including YTD out of pocket status before the patient is seen; 
  2. Provide accurate estimates of patient out-of-pocket expenses for specific services (your selected CPTs) against a provider's contracted rates for the particular plan;
  3. Generate a detailed, patient-friendly statement on the spot that shows the amount the patient will owe once the claim adjudicates; and
  4. Set up automated payment plan for patients that cannot afford the full amount due.

This means that your office can know how much a patient should pay before they ever leave the office and collect the money when the value you have provided is fresh in the patient's mind.

For the average practice, 20 percent of the money they are owed is due from patients. If you are currently leaving 50 percent uncollected (like most practices) then a tool like this can increase your practice's revenue by 10 percent.

About ClaimCare Inc

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

MGMA Survey: Medical Billing Companies Produce Strong Results

Posted by Carl Mays on Fri, Jun 12, 2009 @ 08:11 PM

Tags: medical billing companies, medical billing services, improving medical billing

medical billing companiesA recent Medical Group Management Association survey showed that medical practices utilizing medical billing companies typical see improved performance across multiple dimensions. The survey focused on practices that used medical billing companies instead of in-house billing solutions. The survey found that for practices switching from in-house billing to a medical billing company:

  • 73 percent saw a reduction in their AR;
  • 73 percent realized higher collections;
  • 59 percent decreased the volume of lost/denied claims;
  • 59 percent enjoyed significantly better reporting and practice performance insights; and
  • 46 percent achieved higher staff productivity.

The breadth of the performance improvements uncovered by the MGMA survey (with three quarters of all practices seeing significant performance improvements) adds fact-based credibility to the notion that a well selected and qualified medical billing company provides significant performance improvement for medical practices. The results of the survey were no surprise to ClaimCare. Our average clients enjoys a 15 to 25 percent increase in collections and see their days in AR drop below 35.

A copy of the survey is available from the MGMA's website.

About ClaimCare Inc

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

ClaimCare Medical Billing Services Expands its Unique Instant Payment Program

Posted by Carl Mays on Tue, Dec 16, 2008 @ 02:18 PM

Tags: medical billing companies, medical billing services, instant payment

medical billing servicesClaimCare Medical Billing Services, a national provider of outsourced billing and revenue cycle management to medical practices and facilities nationwide, is pleased to announce an expansion of the Instant Payment Program for selected physicians and facilities nationwide.

ClaimCare Medical Billing Services offers the only instant medical billing payment option to physician practices nationwide. This novel program eliminates the time lag between charge generation and insurance payments. Currently, the Medical Group Management Association (MGMA) reports the average days in AR for most practices nationwide at over 61 days.

Simply put, with ClaimCare Medical Billing Services, the practice is paid each and every day or week for medical services rendered and is freed from all of the hassles of billing insurance companies and patients. This service is a standard part of the billing service offered by the ClaimCare medical billing company.

"What could you do if you could collect most of your charges the same day you see the patient?" said Carl Mays, ClaimCare Medical Billing Services' CEO.

"Our singular focus on medical billing coupled with unique financial solutions, national experience and long operational history makes us ideally positioned to support physicians and facilities nationwide" says Carl. "We look forward to supporting each practice's specific goals through customized technology and management services".

About ClaimCare Inc

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

ClaimCare Introduces a Suite of Tools that Virtually Eliminate the need for Patient Billing

Posted by Carl Mays on Sat, Dec 13, 2008 @ 03:00 AM

Tags: medical billing, patient collections, patient billing

Patient Billing

ClaimCare Medical Billing Services introduces a suite of front-desk payment tools that drives down bad-debt, accelerate collection of patient balances and provides automatic insurance verification. ClaimCare's complete front-end solution starts working before the patient even arrives in your office by automatically verifying the patient's insurance information. Next, after the patient has seen the physician the tool provides you with a patient statement that shows exactly what the patient will owe for the services provided that day. This takes into account the patients co-insurance, deductible met for the year and the allowables from your payer contracts. With this feature the patient's full payment can be collected before they ever leave the office. Finally, if they cannot pay in full at the time of service then you can set them up on an automatic payment plan. Our system will debit the patient's checking account, debit card or credit card each month (or week) until the patient has paid in full.

With this suite of tools patient billing is virtually eliminated. The patient leaves the office having paid the full balance for their service. Once the insurance has adjudicated the account is paid in full, with no need for sending a single patient statement.

With the rising deductibles and growing co-insurance amounts it is critical to become more proactive with collecting patient balances. With this tool bad debt can be almost completely eliminated.

About ClaimCare Inc

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

ClaimCare Launches Medical Billing Best of the Web Resource

Posted by Carl Mays on Tue, Sep 16, 2008 @ 04:15 PM

Tags: medical billing, medical billing services, medical billing resources

ClaimCare Medical Billing Services is proud to announce that it has launched its best of the web resource. This resource is the first place to stop if you are looking for the best medical billing resources on the web.

medical billing resourcesThe Medical Billing Best of the Web (BotW) resource is more than just a compilation of great online medical billing resources. It actually allows users to vote a resource up or down. This leads to user generated ranking of the resources so that all users can benefit from the experience of medical billing experts from around the country.

The Medical Billing BotW is free. Users may add resources/links to the site and, of course, look through the rankings to find the most useful medical billing resources on the web. Click the Medical Billing BotW link to visit the site.

About ClaimCare Inc

ClaimCare Medical Billing Services stands out from the crowd of medical billing companies. ClaimCare offers a complete medical billing solution, has the only service level guarantee in the industry, offers best-of-breed technology, an air tight medical billing process, actionable reporting and broad experience.   For more information contact ClaimCare Medical Billing Services by email at [email protected] , by phone at (877) 440-3044 or visit the ClaimCare Medical Billing Company website.  ###

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