Billing Services Provided by The Billing Department : Practice Management Solutions

INSURANCE CLAIM MANAGEMENT

•	In-depth reporting.
•	Aggressive insurance claim management. All denied, delayed and incorrectly paid claims will be tracked to ensure maximum payment.
•	We will not allow a claim to grow old and become uncollectible.

COLLECTION BENCHMARKS

•	All claims should be paid within 30 to 45 days on average and accounts older than 90 days should be no more than 18% of the total account receivable.
•	Growth and net billing report.
•	Profit loss analysis report.
•	Account receivable detailed report.

INSURANCE ANALYSIS REPORTS

•	Is your practice becoming saturated with bad payers?
•	The most costly mistake a medical practice can make in the managed care world is not to know and understand the trend of your payer mix.

NEGOTIATING MANAGED CARE CONTRACTS

•	If you are not a member of your UPN or IPA run to join it now! There is strength in numbers.
•	The Billing Department, Inc. reviews all managed care contracts and the fee schedules and has been very successful in negotiating fee schedule increases.
•	If you don't ask you shall not receive.

The Billing Department, Inc. _ 66 Witherspoon Street, Suite 1500 _ Princeton, New Jersey 08542
Toll-free 866.271.6444 _ Tel 609.430.2922 _ Fax 609.430.2923 _ email info@mybillingdept.com