In an orthopedic surgery practice, timely reimbursement of accounts and billing can directly affect financial strength. Many orthopedic ambulatory surgery centers are losing revenue these days due to two main reasons:
- Inefficiency in billing and coding due to avoiding specialty orthopedic surgery billing services
- Consistent denial of claims due to inaccuracy in medical billing
In such conditions, every orthopedic ambulatory surgery center should outsource to experienced and reputed orthopedic surgery billing services like Fortis Medical Billing Professionals.
Importance of Outsourcing Orthopedic Surgery Billing
Outsourcing a billing service can improve the revenue cycle of orthopedic surgery ambulatory surgery center. The management of an orthopedic ASC has to face many challenges while running it successfully; managing the orthopedic surgery billing system is one of the main challenges faced by the administration and surgeons in an orthopedic surgery practice.
Proper billing systems can help in making a practice profitable by maintaining a steady flow of cash. The management of medical billings for Medicaid and private insurance companies is important for an orthopedic ambulatory surgery center, whether it be well established or new. So, to be a successful orthopedic practice, Fortis Orthopedic Surgery Billing can be a great partner as we have extensive experience, knowledge, and expertise in this field.
About Fortis Orthopedic Surgery Billing for Your Ambulatory Surgery Center
When you have an orthopedic ambulatory surgery center, you can assign its coding and billing services either to the employees (who often have no experience in this field) or to a company with many years of experience. The better option here is clear: it is important to outsource billing and coding to specialty billing services that are experts in what they do.
At Fortis, we employ professionally trained indidividuals to provide the best orthopedic surgery billing services to our clients. We can help you in managing all aspects of your ambulatory surgery center’s billing and coding based on our experience and knowledge about this industry. We use various customized techniques to handle all types of complexities while providing billing services in an orthopedic practice.
To provide the best medical billing services, Fortis Orthopedic Surgery Billing has engaged auditors, physicians, and former FBI agents who understand the rules and regulations applicable in the industry of medical billing for orthopedics or any other medical ambulatory surgery center. The team at Fortis has decades of experience working in federal medical billing and can help orthopedic surgery practices manage their risks and finances based on their deep knowledge and experience in this field. We work as a team to resolve the billing problems of our customers effectively and efficiently.
Services Provided by Fortis Orthopedic Surgery ASC Billing
It requires experience, effort, and time to manage the orthopedic surgery billing system in an orthopedic practice. When you decide to outsource, the billing service provider you hire must have a complete understanding of the risk adjustment factor, professional, and other coding rules and regulations to reduce A/R collection time and claim denial rate at the coding stage. At Fortis Orthopedic Surgery Billing, we meet the requirements of our customers with our efficient and effective services like:
Coding and Billing Services
We comply with the coding and billing procedures and policies followed throughout the country while helping orthopedic surgery practices. To streamline the medical billing process as much as possible, we combine the procedures and policies followed by our clients with their practices of patient management and care. It is also important that a practice’s coding and billing system runs consistently in the background. To make the billing system of our clients an asset instead of a liability, we provide consultation services throughout the process.
For orthopedic practices, we offer two types of services for auditing. Initially, we audit the billing procedures and policies followed by your current billing company to find out what should be improved. We also find out the reason for failure of claims or why it is taking too long to get paid by auditing the outstanding recent bills created by the existing billing company. When you’ve employed us as your orthopedic surgery billing service, in order to maintain our responsibility, we also audit the results of our work to find any internal issues as well as to improve the efficiency of our billing personnel.
Management of Revenue Cycle
It is important to understand all the aspects of your practice to manage its revenue cycle effectively. You cannot expect results of the same level with a pre-designed RCM solution as you can get from a program customized to the requirements of your orthopedic surgery practice. At Fortis Orthopedic Surgery Billing, we take time to understand the challenges faced by your facility as well as overcome them by developing decisive and inspiring strategies and working closely with you.
Why Choose Fortis Medical Billing?
We’re certain that you’ll have a great experience with our orthopedic surgery billing services for your practice.
When Is it Time to Hire a Professional Billing Services Company?
- Your practice is facing problems with cash flow
- Failure of in-house billing team or outsourced billing company
- Lack of an updated compliance program for your billing system
- The number of receivable accounts or the rate of denial is too high
- You’re making much less revenue than you expected
How Our Services Are Better than Others
We’re confident that our billing and coding services are better than those provided by other medical billing companies. Here’s why.
- Client retention rate of 99%
- We secure payment for clients’ billings 95% of the time
- Provide medical billing services through our U.S.-based headquarters in Dallas, Texas
- Highly experienced staff including former FBI agents, auditors, and physicians
- No fee for setup
Discuss Billing Needs for Your Orthopedic Surgery Ambulatory Surgery Center Today
If you are looking for an orthopedic surgery billing service, then you can contact Fortis Medical Billing online or call us at (866) 808-4160 to speak with our senior consultants.
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.