Improving Your Obstetrics and Gynecology Practice’s Revenue Cycle and Billing with Confidence
Operating a successful obstetrics and gynecology ambulatory surgery center practice involves several distinct challenges. For many medical professionals specializing in obstetrics or gynecology as well as practice administrators, one of the more overwhelming difficulties is the maintenance of private insurance and Medicaid billings in such a way as to generate consistent cash flow and therefore keep the business profitable. More specifically, many obstetrics and gynecology practices find themselves with an unreasonable amount denied claims and waiting far too long to receive payment for the claims that are accepted. Many obstetrics and gynecology specialists can find themselves disheartened when they think about the time and energy billings requires from their team. Likewise, many obstetrics and gynecology practice professionals are unsure of how to begin addressing and easing these struggles.
Whether you are starting a new obstetrics and gynecology practice or you have been managing your practice for many years, there are steps you can – and should be – taking to manage your private insurance and Medicaid billings the correct way. At Fortis Medical Billing, we have the expertise, and understanding you need to successfully manage your medical billings.
About Fortis Obstetrics and Gynecology Billing Services
Ideally, who would you prefer to be responsible for your obstetrics and gynecology practice? Would you like your practice’s coding duties to be assigned to an entry-level employee with next to no work experience in obstetric and gynecological billing? Or, would you prefer to have a team of experienced professionals tackling this work? Each of whom has decades of relevant medical billing expertise to offer?
At Fortis Obstetrics and Gynecology Billing Services, we offer the latter. Our medical billing company is composed of physicians, medical specialists, auditors, registered nurses, and former FBI agents who have devoted their working life to comprehending and working alongside the medical billing industry as well as the multitude of complex laws, rules, and regulations that apply to it. For example, Dr. Stephen Taylor is a member of our team. He is both a registered nurse and a physician and has been working in the industry of federal medical billing compliance for over 25 years. Each member of staff at Fortis Medical Billing has a detailed understanding of the important information you need to keep in mind when making decisions that impact your obstetrics and gynecology practice’s financial situation and risk. We take pride in working as a team to deliver effective and custom-tailored medical billing solutions to each one of our clients ensuring that our clients are paid promptly and that their time and energy are being used efficiently when it comes to medical billing.
Our Medical Billing Services for Obstetrics and Gynecology Practices and Practitioners
Managing your obstetrics and gynecology practice’s billings takes time, effort, and expert knowledge. Reducing your denial rate and A/R collection time begins in the coding stage. Ensuring that you code your billings accurately requires an in-depth understanding of the coding rules and requirements that apply including, but not limited to, professional, facility, and risk adjustment factor (RAF) coding regulations. We share with our clients the crucial knowledge they need to manage their billings efficiently and effectively with services including:
Billing & Coding – At Fortis Medical Billing, we help obstetrics and gynecology ASC practices across the country organize compliant billing and coding policies and practices. We also assist our clients in implementing these procedures within their patient care and management practices so that the medical billing process runs as smoothly as possible. While both billing and coding are crucial components of managing a successful obstetrics and gynecology practice, the goal is that this component is streamlined, running with minimal effort in the background, easing the workload of your already busy employees. We provide both initial and continual consulting services intending to ensure that our clients’ billing programs are valuable assets as opposed to expensive liabilities.
Auditing – Fortis Medical Billing offers two different types of obstetrics and gynecology billing audit services. If you are contemplating a switch between billing companies, we can study your current billing practices to discover where there is room for improvement and recommend the steps needed to implement these improvements. We are also able to audit your company’s recent and outstanding private insurance and Medicaid billings to iron out why claims are being denied, as well as why it is taking so long for your practice to receive payment. Secondly, as your obstetrics and gynecology billing services provider, we are happy to audit the results of our work to maintain transparency and accountability as well as to discover any deficiencies within your internal billing personnel’s procedures to ensure that your obstetrics and gynecology practice’s billing efforts are optimal.
Revenue Cycle Management – Effective revenue cycle management, or RCM, requires an understanding of the specifics of your particular practice. Universal RCM “solutions” are simply not able to provide the same quality or quantity of results as a system that is custom-tailored to your specific obstetrics and gynecology practice. At Fortis Medical Billing, we work side by side with our clients to understand the unique challenges their practice faces and to develop creative and focused strategies to overcome these challenges.
Why Choose Fortis Medical Billing?
If your obstetrics and gynecology ASC practice requires medical billing assistance, why should you consider Fortis Medical Billing?
You should be considering assistance from a professional medical billing company if:
- Your obstetrics and gynecology practice is having difficulty maintaining consistent cash flow
- Your in-house billing team or current billing company is struggling to keep up with the amount of work they face
- Your billing compliance program requires updating
- You often find claims are denied and/or your accounts receivable is high
- You know you should be making more money
What Can We Offer that Other Medical Billing Companies Cannot?
Fortis Medical Billing offers:
- A 95% success rate when it comes to securing payment for our clients’ billings
- A 99% client retention rate
- Operations based in the United States with headquarters located in Dallas, Texas
- Expert medical professionals, auditors, and former FBI agents
- No setup fees
Discuss Your Obstetrics and Gynecology ASC Practice’s Medical Billing Needs Today
Are you considering medical billing help? If so, we encourage you to get in touch. To speak, in confidence, with one of our senior medical billing consultants, call (866) 808-4160 or inquire online today.
Dr. Nick Oberheiden is a federal attorney with 20 years experience in healthcare compliance and defending healthcare providers.
Dr. Stephen Taylor has 25 years as a medical billing specialist and consultant in medical, chiropractic, nursing, and physical therapy.
Ms. Beverly Gibson has been a health care consultant for more than 25 years and specializes in medical record auditing, E/M training, and audit risk mitigation.