FULL SERVICE RCM
At Billnet Solutions, we prioritize our client's ability to focus on delivering essential medical services rather than being burdened with claims processing, accounts receivables collection, and cash flow concerns. With a steadfast commitment to patient and client confidentiality, we ensure the complete protection of sensitive information.
By leveraging our services, medical office personnel experience a boost in productivity, morale, and job satisfaction due to reduced paperwork and administrative burdens. We strive for electronic claims to be paid within an average of 14 days after submission, depending on the payer, facilitating timely reimbursements.
Our fees are affordable and calculated based on a fixed percentage of net receivables, ensuring transparency and aligning our success with yours. Additionally, by outsourcing your billing needs to us, you can eliminate in-house billing expenses, as exemplified in our Cost Analysis example.
Our courteous and professional telephone assistance extends to patients and follow-ups with insurance companies, relieving your medical office staff of telephone traffic and the handling of insurance correspondence. We pride ourselves on being a stable and experienced company like Billnet Solutions, ensuring that the help you require will be consistently available both now and in the future.
Rest assured that you maintain absolute control over the financial affairs of your practice, receiving detailed monthly reports to keep you informed. Furthermore, our operations are fully compliant with HIPAA regulations, ensuring the utmost security and privacy of patient data.
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When it comes to medical billing, healthcare providers have the option to choose between in-house billing or outsourcing to a specialized company like Billnet Solutions. Let's compare the two approaches:
In-House Billing:
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Control: With in-house billing, the healthcare provider maintains full control over the billing process and has direct oversight of all billing-related activities.
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Familiarity: In-house billing allows for a close working relationship between the billing staff and the healthcare providers, resulting in better familiarity with the practice's operations and individual patient cases.
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Immediate Access: In-house billing staff can quickly access patient information and address billing inquiries or issues promptly.
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Training and Management: The healthcare provider is responsible for hiring, training, and managing the billing staff, which requires additional time, resources, and expertise.
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Infrastructure and Technology: Setting up and maintaining the necessary billing infrastructure, including software and hardware, can be costly and time-consuming.
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Outsourcing to Billnet Solutions:
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Expertise: Outsourcing to a specialized medical billing company brings the advantage of working with professionals who possess in-depth knowledge and experience in medical billing regulations and procedures.
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Cost Savings: By outsourcing, healthcare providers can eliminate the need for hiring and training in-house billing staff, saving on payroll expenses, benefits, and ongoing training costs.
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Efficiency and Accuracy: Medical billing companies like Billnet Solutions leverage technology, streamlined processes, and industry best practices to ensure accurate and efficient billing, leading to faster reimbursement and reduced claim denials.
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Focus on Core Competencies: Outsourcing billing allows healthcare providers to concentrate on providing high-quality patient care without being burdened by administrative tasks, paperwork, and billing-related concerns.
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Scalability: Medical billing companies are equipped to handle fluctuations in workload and can easily scale their services to accommodate changes in the practice's size or patient volume.
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Billnet Solutions offers a comprehensive and reliable outsourced billing service, allowing healthcare providers to optimize their revenue cycles while focusing on patient care.
Provider Credentialing
Our philosophy is straightforward: Credentialing Data = Revenue. Accurate and proper physician credentialing is crucial for optimizing revenue collection. With nationwide presence and extensive experience, we provide professional medical credentialing services to diverse payor and provider organizations, ensuring effective solutions tailored to your needs.
Patient Elegibilty
The front desk staff adeptly manages insurance verification amidst their numerous responsibilities, a task that can be arduous and demanding. At Billnet, we understand the critical significance of insurance verification prior to delivering patient care, as it serves as a safeguard against unpaid claims. By alleviating this burden, we take the initiative to confirm patients' eligibility, facilitating a seamless and efficient process for your practice