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Why Outsource?

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Lower Cost

Outsourcing your billing can drastically reduce the cost to your business. For example, employee salaries are a fixed cost that have to be paid regardless if your claims get paid but a billing company only charges a percentage of a paid claim. Some other examples of lower cost are:

  • You no longer have to provide office space or equipment for billing staff
  • Eliminate hiring, training, turnover, payroll taxes and employee benefits The billing company provides
  • The billing company provides Accounts Receivable software and any updates

Maximize Revenue

We are expertise in the field of medical billing and collect 10-20% more than in-house billing staff. Receiving reimbursement at a high turn around is important for any medical practice. Some ways we strategize to accomplish this are:

Expertise

Our focus is on providing your practice year round billing support so we can take the stress off you and your staff. A few benefits we provide are:

  • Reviewing and researching any changes happening in the healthcare industry
  • Consistent processing of claims without disruption
  • Monitor fee reimbursement
  • Improved workflow efficiency
  • In depth reports detailing revenue, loss, denials and adjustments
  • Advising patients with concerns about their insurance benefits

Monthly meetings providing in depth reports regarding

  • Revenue
  • Loss
  • Denials
  • Adjustments
  • Pending request to providers
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© Hope's Haven Medical Billing Practice LLC. All rights reserved.

Hope's Haven Medical Billing Practice knows accurate insurance verification is important to the success of your practice and satisfaction of your patients. We provide a quick, dependable and cost-effective insurance verification process that increases your cash flow by preventing unnecessary denials or write-offs and delay in reimbursement. Your patients are just as important as your practice and our verification process will prevent them from having to pay any uncovered cost.

One of the key elements of a practice is becoming credentialed and contracted with an insurance payor. Enrolling in an insurance company's preferred provider network gives you access to an even larger pool of patients. As healthcare cost continue to rise patients search for providers within their network.

Is your practice new?

We can assist you with the completion of in-network payor credentialing applications as well as negotiate the highest reimbursement rate possible. We accurately review contracts to insure all the services you provide are included in your contract with a payor so you achieve financial success. The credentialing process can take up to 180 days but we are here to follow up and track the application progress and supply any additional information the payor may need.

Is your practice established?

We can begin by reviewing existing contracts for reimbursement comparison and if we find your services are underpaid we can begin a reimbursement negotiation with that payor. Proper and effective negotiation is a key element in maximizing reimbursement. We also maintain provider credentialing documents and track upcoming renewal dates which is a time-consuming burden we take off the provider.