Is your radiology group or department collecting every dollar it is owed? Are you getting the information needed to manage today and prepare for ACO’s and “pay for performance” tomorrow? With top-notch service?
Radiology groups and departments 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, radiology has unique needs, requirements and priorities. This is particularly true for coding and billing.
At AdvantEdge, we recognize these challenges and work with your group and department, as a business partner, to solve them. We take pride in being more than a billing company: our radiology business management solutions enable your group to be successful now and in the future.
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 Radiology Billing, Coding and Practice Management Solutions
Your practice and hospital require—and deserve—a radiology billing process tailored to your precise needs. Among many other capabilities, our solutions include:
- AdvantEdge radiology billing technology linked directly to RIS, PACS and other hospital systems.
- Dictated radiology reports translated directly to the proper coding with exceptions coded by our certified coders
- 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
Radiology 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 non-stop 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 percentage (under 3%). More important: the results show up in your bank account: consistently strong monthly cash collected. New AdvantEdge clients see more cash, with increased consistency of cash flow.
Results and Information
Today’s practices and hospitals require increasing amounts of information from their coding and billing, with information needs 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 integrated—and not just for your group or department but in partnership with your hospital(s), referring physicians and payors.
In this environment, practices and hospitals require business partners whose services include comprehensive informatics such as dashboards, data analytics, drill downs and, most importantly, the flexibility to adapt to evolving requirements.
Unlike other radiology billing companies, AdvantEdge is also a technology company. This allows AdvantEdge to adapt rapidly to changing regulatory and customer requirements. And it empowers our clients with leading informatics through AdvantEdge Analytics.
Radiology Billing Partner
Experience proves that the best medical billing outcomes 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, department and providers (learn more about radiology practice management services). We work with each client to achieve the right balance. We look forward to partnering with your radiology practice and department! Call us at 877 501-1611 to learn more.