Increase Cash Flow. Reduce Overhead. Generate More Revenues.
Med A-Z Complete’s billing component is a complete Revenue Cycle Management System that handles all of your billing and coding functions with accuracy, flexibility and efficiency. That translates into fewer errors and disputes, faster collections and higher profits for your practice. The system’s speed and analytical capabilities can enhance the cash flow of your business, whether you’re in private practice or part of a multi-office group. Based on the experience of our clients, you can expect to find and bill for legitimate items of which you were most likely unaware. By the time each patient leaves the office, an accurate bill with maximum allowable coding is ready for electronic submission or printing, with no additional work required by your staff.
Like other billing systems, Med A-Z Billing is funded by a small percentage of practice receivables. Unlike other systems, billing clients enjoy greater than 90% collection ratios and receive Med A-Z’s EHR, Practice Management and billing solution at no charge. With all three modules working together, your practice will enjoy unsurpassed levels of operating efficiency, patient satisfaction, risk management and return on investment.
Med A-Z Billing features include:
- Monitor cash flow by maintaining expected payment days, A/R class, eligibility verification method, corrected payment transmission methods by insurance.
- Aging reports from 30-120 days OR by expected payment days for appropriate follow up.
- Complete computation, tracking, and reporting for accounts receivable and collections.
- Automatic generation and re-creation of insurance and HCFA forms.
- Recording check numbers with associated procedures for easy posting reconciliation.
- Full audit trail
- Open item posting: automatic disallowance, withhold calculation, automatic write-off.
- Verifies accuracy of insurance payments based upon the insurance fee schedule
- Multiple statement formats
- Transaction listing
- Recall report for patients based on pending or upcoming tests driven by evidence-based guideline protocols to help comply with meaningful use of EHR requirements.
- Report sorting or filtering by any combination of A/R class, department, insurance, place-of-service, provider, referring doctor, plus date range.
- Laser Forms Software (optional module) for patient statements and receipts, encounter forms, HCFA 1500 forms.
- Insurance plan billing order
- Procedure and diagnosis code linking
- Linked procedure code posting
- Customized billing cycles
- Multiple security levels for viewing per user, group or module.
- EDI – Electronic Billing & Reconciliation
- Fast and flexible electronic claims submission and Electronic Data Interchange (EDI) can handle the most sophisticated billing requirements
- Quick reimbursement on electronically submitted claims
- Eliminates the need for HCFA and other paper forms
- Dramatically reduces insurance company rejections due to error-free electronically submitted claims
- Electronic reconciliation for automatic posting of payments, eliminating the need for manual keyboard entry
- Medical Practice Management Reports Module
- User-defined reports include:
- Monthly
- Capitation
- Managed care
- Practice analysis
- Procedure analysis
- Referral analysis
- Insurance aging
- Diagnosis analysis
- Transaction summary
- Deleted transaction
- Unapplied credit
- Report sorting or filtering by any combination of A/R class, department, insurance, place-of-service, provider, referring doctor, plus date range.
- Collections
- Record and track actions by claim
- Automatic generation of task lists for insurance follow up
- Rejection analysis
In addition to all these Billing and Revenue Cycle Management capabilities, you receive Med A-Z’s EHR and Practice Management technology–our comprehensive office integration management system.
Click here for a brief flash demo or click here for a full demo of the system.