Physicians Advisory Group, Inc. has been providing these quality services to our clients since 1996. If you have any questions, please see our FAQ page or contact us.
Our billing services include:
Dedicated patient phone lines for your practice
Proactive communication with your patients
Regular training with your staff
On-going interaction with insurance companies and governmental regulators
Electronic billing for applicable carriers
Physician credentialing for insurance and managed care
Direct contract negotiations with third party payers
Billing statements with customized messaging for your practice
New computer systems powered by i3 Verticals, ModMed, and Epic software
Latest, state-of-the-art software solutions
On-going staff training for coding and CPT changes
Patient pre-approved payment monitoring systems
Fully customized management reporting created on demand monthly, quarterly, or yearly as requested
Easy transition of billing from competitive systems
Physicians Advisory Group, Inc. performs a wide range of Receivables Management Services. Assuring timely and efficient turnaround on accounts receivable is the difference between profitability and income loss. Receivables Management is a process which involves evaluating the current system, designing solutions to problems, implementing those solutions, and establishing a long-term approach toward performance monitoring. In order to effectively manage this process, several specific issues are evaluated:
The Claim Process from Patient Encounter to Claim Payment
Turn-Around Time for Reimbursement by Payer
Claim Reimbursement by CPT and ICD-10
Claim Reimbursement by Payer
Collections & Delinquent Accounts
Explanation of Benefits; Payments, Denials, Contractual Allowances
Effectiveness of the Integration between Computer System and Claim Process
Cash Flow Analysis & Improvement
Fee Analysis
Electronic Claims Processing
Procedure Coding & Analysis
Evaluation of these factors will determine the entire scope of the previous receivables management process. Utilizing the information to develop a new approach to receivables management will produce a more effective, streamlined system and ultimately greater profits. Physicians Advisory Group is able to handle the entire scope of receivables management, from evaluation to implementation, long-term process control, monitoring, and management.
We have extensive experience in contract negotiations with insurance carriers. By providing accurate and up to date information, we can assist in negotiating a fair fee for services. Additionally, our work does not end there. Our system provides us the ability to track insurance payment amounts by CPT code, per carrier. This up to the minute technology affords us the ability to determine if a carrier has paid its contracted amount at the time of payment posting.