Improving Your Infectious Disease Practice’s Revenue Cycle and Billing with Confidence
Operating a successful infectious disease practice involves many specific challenges. In particular, for many physicians specializing in infectious diseases as well as practice administrators, one of the most overwhelming challenges involves thoroughly and successfully managing private insurance and Medicaid billings to ensure regular cash flow and build a practice that is reliable and profitable. More specifically, many infectious disease practices find themselves frustrated by the amount of claims being rejected or denied as well as the time it takes for payments to be received when claims are accepted. Many infectious disease specialists can find themselves discouraged by the time and effort billings requires from their team. Likewise, many infectious disease practice professionals are uncertain of how to begin addressing and easing these frustrations.
Whether you are starting a new infectious disease practice or your practice has been operating for 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 knowledge, insight, and experience you need to successfully manage your billings.
About Fortis Medical Billing Professionals
Whom would you prefer to be caring for your infectious disease practice? Would you like your practice’s coding duties given to an entry-level employee with next to no work experience in the infectious disease field? Or, would you prefer to have a team of expert professionals in your corner? Each of whom can bring decades of relevant medical billing experience to the table?
At Fortis Infectious Disease Medical Billing Services, we offer the latter. Our medical billing company is composed of doctors, medical specialists, auditors, and former FBI agents who have devoted their working life to understanding and working with the medical billing industry as well as the myriad of complicated laws 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. He has been working in the industry of federal medical billing compliance for over 25 years. Each member of staff at Fortis Medical Billing has an extensive understanding of the important information you need to keep in mind when making decisions that impact your infectious disease practice’s finances and risk. We take pride in working as a team to deliver efficient, 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 used efficiently when it comes to medical billing.
Our Medical Billing Services for Infectious Disease Practices and Practitioners
Managing your infectious disease practice’s billings takes time, effort, and experience-based knowledge. To reduce your denial rate and A/R collection time, the coding stage must first be examined. 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 critical knowledge they need to manage their billings efficiently and effectively with services including:
Billing & Coding – At Fortis Medical Billing, we help infectious disease practices across the country establish compliant billing and coding practices and policies. In addition to this, we assist our clients with integrating these procedures into their patient care and management practices so that the medical billing process is as economical as possible. While both billing and coding are important steps involved in running a successful infectious disease practice, ideally they should be operating seamlessly in the background, with minimal time and effort from your already busy employees. We provide both initial and continual consulting services intending to ensure that our clients’ billing programs are efficient assets as opposed to liabilities.
Auditing – Fortis Medical Billing offers two different types of infectious disease billing audit services. Foremost, if you are considering changing billing companies, we can examine your current billing practices to discover where and in what ways they can be improved. We can also audit your company’s recent and outstanding private insurance and Medicaid billings to resolve why claims are being denied, as well as why it is taking so long for your practice to receive payment. Second, as your infectious disease billing services provider, we are more than happy to thoroughly audit the results of our work to maintain transparency and accountability as well as to determine shortcomings within your internal billing personnel’s procedures, and ensure that your infectious disease practice’s billing efforts are operating with maximum efficiency.
Revenue Cycle Management – Effective revenue cycle management, also known as RCM, requires experience and expertise in regards to aspects of your practice. Universal RCM “solutions” cannot possibly offer the same quality or quantity of results as a system that is custom-tailored to your specific infectious disease practice. At Fortis Medical Billing, we work side by side with our clients to understand the specific challenges their practice is facing and to create innovative and targeted strategies explicitly designed to overcome these challenges.
Why Choose Fortis Medical Billing?
If your infectious disease practice requires medical billing assistance, why should you consider Fortis Medical Billing?
How Do You Know Whether it is Time to Seek Help?
You should be considering assistance from a professional medical billing company if:
- Your infectious practice is having difficulty maintaining regular cash flow
- Your in-house billing team or current billing company cannot keep up
- You find yourself in need of an updated billing compliance program
- You regularly have claims denied and/or have a high accounts receivable
- You know you should be making more money.
What Can We Offer that Other Medical Billing Companies Cannot Not?
Fortis Medical Billing offers:
- A success rate of 95% when it comes to securing payment for our clients’ billings
- A client retention rate of 99%
- Operations based in America with headquarters located in Dallas, Texas
- Expert physicians, auditors, and former FBI agents
- No setup fees
Discuss Your Infectious Disease 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.