Outsourced Medical Billing Services
Transparency is CHRM’s mission! As your medical billing partner, we strive to provide a modern and refined take at revenue cycle management. The key value we add is providing transparency into your billing. We want our clients to know how their practice is performing and what we are doing to sustain a positive revenue cycle. We have the experts to take on your entire revenue cycle process. If you are unsatisfied with your current billing and collections, reach out to the experts today!
Our team of billing specialists have the experience to improve your bottom line and positively impact profitability. CHRM wants medical practices, physician leaders, hospitals and all other healthcare organizations to work with us because they choose to not because they are locked in a long-term contract. Our contracts are intended to provide an easy 90-day out. This is intended to allow our work do our talking for us. Avoiding long-term contracts is another way to instill trust in our prospective clients.
Additionally, we are not a billing software company, nor are we tied to any one system. This allows you to keep your EHR in place and avoid a system change. If your current system is not the best fit, we will work with you to prospect other systems and find the best match! We have real people putting eyes on your claims. We believe that having a team of experts with years of experience in billing and coding provide the best billing services. By the time your claim is submitted to insurance, it has been reviewed by multiple members of our team. This accountability reduces the chance of error and improves clean claim rates. All meaning you will get the money that you earned faster!
Comprehensive Healthcare Revenue Management is guided by the tenets of transparency, honesty, integrity, and excellence in all of the services that we offer our clients, including outsourced medical billing. Our mission is to maximize your revenue cycle management through constantly striving for efficiencies in our processes, keeping abreast of the latest healthcare changes, and investing in our billing and coding staff by providing them with comprehensive training. We want you to not worry at all about medical billing in your healthcare practice, and instead to allow us to help you. When you partner with us, you’ll receive the best customer care in the business. Contact us today to get started!
Benefits of Outsourcing Your Medical Billing
Reduce billing errors: High claim rejection rates can seriously impact your practice’s cash flow and bottom line. When you choose to work with a team of highly trained medical billing professionals, like Comprehensive Healthcare Revenue Management, you can rest assured that you are having some of the best eyes in the industry review (and then re-review) all of the claims coming out of your practice to ensure that they are error-free, every time. In fact, outsourcing your medical billing can allow you to improve your clean claim rate by up to 99%. This results in your practice getting paid what it’s owed faster than ever before, increasing your overall revenue.
Improve patient care: Your administrative staff’s main priority should be taking care of your patients, not spending hours on the phone verifying insurance coverage or mulling over the correct codes. Outsourcing your medical billing and coding allows you to redirect your administrative and clinical staff’s energies away from complicated billing questions and back to what they do best — taking care of patients.
Save money: One of the main reasons why medical practices choose to outsource their billing and coding departments is because it can save them significant costs on staff salaries, training, and benefits. At CHRM, our medical billing experts can offer you higher quality services than you would get with an in-house team, and at a lower overall cost.
Ensure billing compliance: Ensuring billing compliance is an essential responsibility of all healthcare facilities, but staying on top of the ever-changing government regulations in healthcare billing can be a headache. No one wants to go through the stress of an external audit or even the closure of their practice. When you outsource your medical billing and coding with CHRM, our team will work day and night to ensure that you are compliant with all government regulations, saving you from the hassle of any extra stress or work.
Improve patient satisfaction: Patient satisfaction refers not only to quality of care, but also to the quality of patient engagement from the moment that a person steps into your practice. Outsourcing your medical billing will make for a smoother and more relaxed check-in and payment process for your patients than it would if they were having to deal with an overstretched administrative staff, leading to higher patient retention rates and greater levels of overall satisfaction.
Improve security of patients’ data: According to a 2018 study published in a HIPAA journal, there has been a 70% increase in healthcare data breaches in the last seven years. As a healthcare provider, you know that patient data is more valuable than anything, which means that it can become very expensive to maintain and guard. When you outsource your medical billing to CHRM, we will protect all of your patients’ data records in a highly secure repository to ensure that there is zero possibility of a breach.
Boost productivity: At CHRM, we offer so much more than just reducing your claims rejection rate and doing your billing and coding for you. We also can provide you with valuable insights into your staff’s workflow based on historical patterns and projections, helping you to identify obstacles in your scheduling and allowing you to operate your overall practice much more efficiently.