• Join NextServices
  • Newsletter
  • Become a Partner
  • Schedule a Demo
  • Free Consultation
  • Contact Us
  • enki login
  • Services
    • Services – Overview
    • Billing
    • Coding
    • Strategy
    • Health IT
    • Consulting
    • Analytics
    • MACRA
  • Products
    • Products – Overview
    • enki GI EHR
    • enki Office EHR
    • enki ERW
    • enki ASC EHR
  • Specialties
    • Gastroenterology
    • Labs
    • Pain Management
  • About
    • Company
    • News & Events
    • Case Studies
    • Contact Us
    • Free Consultation
    • Schedule a demo
    • Become a Partner
    • Join NextServices
  • Resources
    • Curated Resources for GI Practices
    • Interviews with GI Leaders
    • Resource Library
    • What’s Next [Blog]
  • Schedule Call
NextServices
  • Services
    • Services – Overview
    • Billing
    • Coding
    • Strategy
    • Health IT
    • Consulting
    • Analytics
    • MACRA
  • Products
    • Products – Overview
    • enki GI EHR
    • enki Office EHR
    • enki ERW
    • enki ASC EHR
  • Specialties
    • Gastroenterology
    • Labs
    • Pain Management
  • About
    • Company
    • News & Events
    • Case Studies
    • Contact Us
    • Free Consultation
    • Schedule a demo
    • Become a Partner
    • Join NextServices
  • Resources
    • Curated Resources for GI Practices
    • Interviews with GI Leaders
    • Resource Library
    • What’s Next [Blog]
  • Schedule Call

Streamlining billing increases your money

DATE
April 28, 2016
CLIENT
Based in New York
CATEGORY
Billing, Gastroenterology, Specialty Groups
SHARE
VISIT WEBSITE

Streamlining billing increases your money

 

ABOUT

The client is associated with an endoscopy center in New York.


CHALLENGES

1) Lag in sending charges. Administrators struggled to coordinate with doctors to submit charges in time resulting in losses due to timely filing.
2) Denials from non-participating insurances. While insurances encouraged negotiations earlier, they stopped paying non-par claims after a few years creating losses for the center through anesthesia claims.


WHAT WE DID

1) Streamlining billing: We worked daily with the endoscopy center’s staff to ensure we receive charges in time. Over a period of time, the process of billing was slowly streamlined resulting in timely claim submissions and payments.
2) Contracts with insurances: We worked with two of the top 5 insurances to help the center achieve contracting status. This resulted in an immediate boost in revenues saved from losses due to a non-par status. Electronic remittances (ERAs) and Electronic fund transfers (EFTs) ensure quick payments from these insurances.


LIFE WITH NEXTSERVICES

Through persistence and focus towards a streamlined billing process, insurance Accounts Receivable (A/R) above 90 days is maintained at 7%, significantly lower than industry averages of 14%.

 

 

Post navigation

When connecting the EHR and Practice Management System can disrupt payments
Missing referrals and authorizations – a hidden reason for denials

More Case Studies

Setting up a dermatology practice
Getting a lab credentialed despite insurance closing doors
Optimizing overhead costs for a multi specialty surgery center
SERVICES

  • Services – Overview
  • Billing
  • Coding
  • Strategy
  • Health IT
  • Consulting
  • Analytics
  • MACRA


  • Disclaimer
  • Privacy Policy
PRODUCTS

  • Products – Overview
  • enki GI EHR
  • enki Office EHR
  • enki ERW
  • enki ASC EHR

 

 

SPECIALTIES

  • Gastroenterology
  • Labs
  • Pain Management
ABOUT US

  • Company
  • News & Events
  • Case Studies
  • Free Consultation
  • Contact Us
  • Schedule a Demo
  • Become a Partner
  • Join NextServices

  1(866) DOC-NEXT
        1(866) 362-6398

  1(866) 362-6398

  sales@nextservices.com
        media@nextservices.com
        hr@nextservices.com

   USA:
        500 E. Eisenhower Pkwy
        Suite 130
        Ann Arbor, MI 48108
        P: (734) 677-7700

        INDIA:
        601, Eureka Towers,
        A-Wing
        Off Link Road Mindspace,
        Malad (W),
        Mumbai - 400064
        P: +91-22-4003-9395

© NextServices. All Rights Reserved 2022.
[Download The Key Takeaways From This Interview]
[Download The Key Takeaways From This Interview]
[Free Ebook]
[Free Ebook]
[Free Ebook]
[Free Ebook]
[Infographic]
[Infographic]
[FREE GUIDE]
[FREE GUIDE]
[HOW TO GROW YOUR LAB THROUGH REFERRALS]
[HOW TO GROW YOUR LAB THROUGH REFERRALS]
[Adenoma Detection Rate Infographic]
[Adenoma Detection Rate Infographic]
[Referrals: Your Most Powerful Network]
[Referrals: Your Most Powerful Network]
[The Ultimate Guide To Boost Your Online Ratings And Grow Your Patient Volume]
[The Ultimate Guide To Boost Your Online Ratings And Grow Your Patient Volume]
[The Ultimate 13-Point Checklist To Increase Patient Volume]
[The Ultimate 13-Point Checklist To Increase Patient Volume]
[ The Handy AR Bundle - 4 pre-designed templates to help you get paid faster]
[ The Handy AR Bundle - 4 pre-designed templates to help you get paid faster]