TechStar MDs offers the best patient statements services by generating accurate and itemized patient statements and ensuring that the statements clearly display the services provided, associated charges, insurance payments, and any outstanding balances. Moreover, we review the statements for accuracy before sending them to patients. This helps minimize confusion and potential disputes. We make a follow-up schedule that outlines when and how often patients should be billed. We prioritize follow-up efforts with patients account on the urgency and focus on higher priority accounts by sending patient statements through various channels to increase the likelihood of reaching patients. This may include traditional mail, email, patient portals, or secure messaging platforms. And clearly communicate the available payment methods and provide instructions on how to make payments.
Additionally, we utilize billing software or practice management systems to automate payment reminders, schedule automated reminders through email, text messages, or phone calls to prompt patients about their outstanding balances and provide convenient options for payment and ensure that the reminders clearly indicate the amount due, the payment due date, and the available payment methods. And we maintain detailed records of all follow-up activities, including the date, time, method of communication, and any agreements or arrangements made during follow-up calls or conversations, such as sending updated statements or contacting insurance providers to ensure accountability and accurate tracking of patient interactions.
Why choose TechStar MDs?
TechStar MDs specializes in billing and revenue cycle management. We have dedicated teams of experienced professionals who are knowledgeable about the complex coding, billing, and reimbursement processes. Their expertise ensures accurate and efficient claim submission, reducing the risk of errors and claim denials. We have streamlined processes, advanced technology, and economies of scale to handle billing tasks efficiently.
By outsourcing TechStar MDs, you can focus on your core competencies, such as patient care and practice management. Medical billing can be time-consuming and requires continuous training and staying updated with changing regulations. Offloading these tasks to us allows you to dedicate more time and resources to delivering quality healthcare services. We have processes in place to streamline the claims submission and payment collection process. We ensure that claims are submitted promptly and accurately, leading to faster reimbursement. Our timely and efficient billing processes can significantly improve your cash flow. We always stay updated with the latest healthcare regulations, coding guidelines, and billing requirements. And ensure compliance with regulatory changes, reducing the risk of billing errors or non-compliance. This can help you avoid penalties, audits, and potential legal issues.
We adapt to your changing needs. Whether a practice is expanding, downsizing, or dealing with seasonal fluctuations, we can scale our services accordingly. This flexibility allows you to receive the necessary billing support without the challenges of staffing and resource management. Moreover, we provide regular reports and performance metrics, offering insights into the financial health of a practice. We generate customized reports that analyze key performance indicators, reimbursement trends, and claim denials. This data can help you make informed decisions and optimize your revenue cycle management.
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