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(Q) How is Excell Medical Management different?
We have over 15 years in the medical billing field, and can provide you with
a
dedicated staff member,
customized monthly reports, and overall practice
savings with our cost analysis
tools.
(Q) Why should I outsource my medical billing to Excell Medical Management?
increased reimbursements
electronic filing can lead to an increased acceptance rate
increase collections by as much as 10%20% by seeing to it that youre paid
properly,
decreased rejections
electronic filing can lead to a higher claim accuracy rate
quicker turn-around on all claims
payment of electronically submitted claims received faster
maintaining a steady cash flow
cash flow significantly increased due to consistent, prompt, accurate
electronic filing
immediate follow-up with insurance company and patients
recovering valuable staff time
no more lost hours filing claims, following up on rejections and late
payments.
eliminate specialized software training.
reduce time spent staying informed about billing and industry standards.
(Q) How is it cost effective for Excell Medical Management to file my claims?
Excell Medical Management processes claims accurately and in a timely fashion
using electronic
submission and remission processes. We bill according to current ICD-9,
CPT, and
HCPCS Codes.
These procedures can cut processing costs and reduce the
wait time between
filing and reimbursement;
instead of six months you may receive reimbursement within a week.
Electronic filing also reduces the number of delinquent patient accounts you
have.
We follow up on
denied claims, and we bill patients for any unclaimed amounts,
increasing your reimbursements.
Electronic submission and remission can also lead to an increase in
reimbursements
due to a higher
acceptance rate and reduce rejections thanks to a higher claim
accuracy rate.
Most healthcare providers have either specialized office personnel or medical
personnel doing double
duty assigned to manage billing. With Excell Medical Management you and your
staff can concentrate
on your patients, and not time-consuming paperwork.
(Q) What is the cost for your services?
- Excell Medical Management all inclusive flat fee varies, but is
tailored based on your practice gross amount of monthly claims collected.
Best of all, we
don't get paid until you do.
- Set-up fees varies
- Collection fees varies
(Q) How long will it take for Excell Medical Management to begin managing my
medical billing?
(A) We will begin managing your medical billing within 48 hours of
contracting
with Excell Medical Management.
(Q) Who does Excell Medical Management manage medical billing for?
(A) Excell Medical Management provides services to all healthcare providers.
This includes specialty physician groups, primary care practices,
laboratories and physical therapy facilities. We process
Medicare, Medicaid, Self-Pay and Private Health Insurance Claims.
(Q) Is Excell Medical Management limited to filing claims with only certain
insurance carriers?
(A) No. We file electronic and paper claims with all known carriers nationwide.
(Q) Does Excell Medical Management process only electronic claims?
(A) No. Until the HIPAA regulations take effect Excell Medical Management will
continue to handle paper claims filing.
(Q) What information does Excell Medical Management need from me to begin
managing my medical billing?
(A) Excell Medical Management requires the Superbill, the Patient Information
Sheet, tax ID number, provider numbers, fee schedule and copies of the patient
insurance cards in order to electronically file a complete insurance claim.
(Q) What kind of security measures does Excell Medical Management take in
safe guarding my information?
(A) Excell Medical Management has strict on-site security procedures that are
followed. During the electronic
transmission of all data, Excell Medical Management uses the latest high-quality
encryption software to ensure
total privacy of all patient and practice information. We never divulge any
information to a third-party, without consent
of the provider.
(Q) Can a small office benefit from outsourcing to Excell Medical Management?
(A) Yes! There is no size limitation to benefiting from Excell Medical
Management's expertise when it comes to reducing costs, increasing
reimbursements and maintaining
cash flow.
Excell Medical Management can make a difference in the turnaround time on your
claims, helping you maintain
a consistent cash flow. Cash flow is as important to
a single practitioner
as it is to a multi-doctor, multi-facility group, or whether your
career is
beginning or you have an established practice.
If you have a question that is not addressed or need more
details, please contact us below.
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