TS4MO Newsletter - October 2011
5 Ways Life With TS4MO is BETTER!
working together... finding solutions
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E-Mail: info@t4mo.com
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In times like these there isn't a better solution than outsourcing your medical billing to TS4MO Medical Billing Services. We will help control your costs and improve your revenue through increased reimbursements and decreased denials. Go to www.TS4MO.com to find out more!
1. Patient Recalls
Our patient recall system tracks outstanding, scheduled, and completed patient recalls.
2. Referral Reports
We can track and report your referring providers so that you can maintain those continued relationships.
3. Missing Superbill Report
We track your superbills that have not yet been posted to ensure you are billing for all of your services.
4. Denied Claims
We track and analyze all of your claim denials and report back to your office any denial trends that are identified.
5. We focus on maximizing your billing potential so you can focus on great patient care!
Our patient recall system tracks outstanding, scheduled, and completed patient recalls.
2. Referral Reports
We can track and report your referring providers so that you can maintain those continued relationships.
3. Missing Superbill Report
We track your superbills that have not yet been posted to ensure you are billing for all of your services.
4. Denied Claims
We track and analyze all of your claim denials and report back to your office any denial trends that are identified.
5. We focus on maximizing your billing potential so you can focus on great patient care!
Practice Management powered by:
Insight™
Insight™
The statistics can be simply staggering. Provider revenue lost due to improperly processed claims by insurance companies, coupled with the expense of too often ineffective billing processes can be tragic.
For example, in 2010 The American Medical Association (AMA) reported that one-in-five medical claims submitted to insurance companies is processed incorrectly which leaves Providers with lowered or no reimbursement.
Industry experts estimate that an astonishing 30 percent of medical claims are rejected on first submittal. Worse yet, many of these claims are never corrected and resubmitted!
Additionally, Providers costs are calculating around 14% and sometimes higher for in-house billing processing that are too often ineffective.
For example, in 2010 The American Medical Association (AMA) reported that one-in-five medical claims submitted to insurance companies is processed incorrectly which leaves Providers with lowered or no reimbursement.
Industry experts estimate that an astonishing 30 percent of medical claims are rejected on first submittal. Worse yet, many of these claims are never corrected and resubmitted!
Additionally, Providers costs are calculating around 14% and sometimes higher for in-house billing processing that are too often ineffective.