Multi-Specialty Billing and Business Management Solutions
Is your multi-specialty group collecting every dollar it is owed? Are you getting the information needed to manage the practice today and prepare for ACO’s and “pay for performance” tomorrow? With top-notch service?
Multi-specialty groups face unique challenges in today’s healthcare environment. The group has obligations to its patients and to its hospital partner(s). At the same time, each specialty has unique needs, requirements and priorities. This is particularly true for coding and billing.
At AdvantEdge, we recognize these challenges and work with the group and each specialty, as a business partner, to solve them. We take pride in being more than a billing company: our healthcare business management solutions enable your group and each specialty in it to be successful today…and tomorrow.
So whether you need assistance with a coding project today or a complex ACO reimbursement solution for tomorrow, we have the resources ready to help.
Customized multi-specialty billing, coding and practice management solutions
Your practice and hospital require—and deserve—a billing process tailored to your precise needs. Among many other capabilities, our solutions include:
- Technical capabilities to easily interface with your ADT, EMR, charge capture and other systems
- Flexible processes that adapt to your workflow with special attention to when and where your staff and physicians want to be involved
- A complete range of practice management services, if you need them
- AdvantEdge people available when and where you need them
Billing Performance that Matters: Results, Results, Results
You expect your billing partner to deliver strong collections, every day. The core AdvantEdge systems and operating processes have a relentless focus on this mission.
Results can be seen in metrics such as Net Collections Rate (mid to high 90’s), Days in A/R (low 30’s), Days over 120 (under 10%) and Bad Debt % (under 3%). More important, however, are the results that show up in your bank account: monthly cash collected. New AdvantEdge clients see more cash, with greater consistency of cash flow.
Results and Information
Today’s practices and hospitals require increasing amounts of information from their coding and billing and know that information needs are escalating every day. In today’s world, that means the Quality Payment Program with the Merit-based Incentive Program (MIPS) which replaced Meaningful Use, and hospital quality metrics. It is clear that clinical quality and outcomes measures and payment information must be linked together—and not just for your group but for your group in partnership with your hospital(s), referring physicians and payors.
In this environment, practices and hospitals need business partners whose services include comprehensive informatics such as dashboards, data analytics, drill downs and, most importantly, the flexibility to adapt to the evolving requirements.
Unlike other multi-specialty billing companies, AdvantEdge is also a technology company. That allows AdvantEdge to adapt quickly to changing regulatory and customer requirements. And it empowers our clients with leading informatics through our AdvantEdge Analytics portal.
Multi-Specialty Billing Partner
Our experience proves that the best medical billing results occur when there is a strong partnership between your team and our team. This means communications, information sharing and complete transparency. We encourage and expect our customers to be involved in as much of the process as they wish.
At the same time, we want to remove administrative burdens from your practice and from your providers (learn more about multi-specialty practice management services). We work with each client to achieve the right balance. We look forward to partnering with your multi-specialty practice! Call us on 877 501-1611 to learn more.