Overturn denials, decrease A/R days, and increase net patient revenue.
Insurance billing and follow-up services to support revenue cycle success
Maximizing reimbursement on all claims is critical for health systems and physician organizations. HBCS achieves results by coupling industry-leading talent with cutting-edge technology. HBCS specializes in these billing and follow-up partnerships:
All Balance/Aged Follow Up
HIS Conversion Support
Third-Party Liability Claim Management
Proven Day-One Billing and Claims Management
An effective billing system is foundational to a healthy revenue cycle. Leveraging a proven process for claims management, HBCS uses optimized claims scrubbing technology to increase clean claims rates. HBCS’ flexible billing application accepts all formats, including print and non-standard formats, and converts them into an 837-compliant format for submission.
Expert A/R Management and Follow-Up
Revenue cycle success depends on whether organizations can effectively convert receivables to revenue. HBCS uses predictive analytics to power its A/R management with exception-based follow up. HBCS’ proprietary insurance scoring system ensures that we work the right accounts at the right time, improving denial resolution, decreasing A/R days, and maximizing net patient revenue (NPR).
Uncompensated care and administrative adjustments place a significant financial burden on health systems and physician organizations. The ability to overturn denials is key to revenue cycle success. HBCS’ denial analytics solution uses 835 technology, advanced processes, and reporting analytics to identify, measure, and reverse denials. Providers that partner with HBCS experience improved financial outcomes on denials as well as prevention strategies.
HIS Conversion Support
With expertise in nearly all legacy and industry-leading systems, the HBCS team can also be an integral part of the go-forward strategy with the new HIS.
Simplified Third-Party Liability Management
The right team to achieve results
Our talented operations team has a broad range and depth of expertise in revenue cycle management and major HIS platforms within health systems and physician organizations nationwide. Additionally, we invest in ongoing development to ensure that they pursue relevant industry certifications and education to stay ahead of trends and best practices. With a client management focus, our team takes a consultative approach and delivers added value to our provider partners.