BENEFITS

The benefits of employing a well managed and well organized billing service are numerous. Some of the reasons we believe that our company will be most beneficial to you are:

Billing Systems Access to state of the art practice management system at a fraction of the cost.

Claim Submission Attention to detail in claim submission and follow up. Our entire business is focused to excel in this area.

Professional Medical Billing We know and understand the components necessary to run a successful practice. We strive to be the best in each of these.

HIPAA and Compliance Phymedco has established its own Corporate Compliance Program to help prevent healthcare fraud and abuse. You are partnering with someone who understands the rules, takes them seriously, and strives to ensure that both itself and its clients are continuously in compliance.

Data Retention Phymedco has established data retention and disaster recovery programs. We will maintain both a paper copy and an electronic copy of your material for a period of seven years.

Proven Technology Phymedco has partnered with companies that have proven themselves and the technology they employ. You won’t have to pay for someone else to learn. We insist that our systems be maintained by certified individuals.

Direct Electronic Claim Submission and Verification Phymedco submits most claims directly to the payor responsible for payment. We then verify that the payor has the claim and that it has been accepted for processing. If there is a problem, it is corrected early in the life of the claim. Cash flow is enhanced and staff work more efficiently with reduced late claim submissions.

Patient Calling We can direct most patient financial calls to our offices where trained staff work to solve payment issues in a professional manner. Your office is freed of the constant phone calls regarding payment issues.

Custom Reporting Our practice management system can produce many reports to help manage your practice. In addition, we have built a custom reporting feature to produce the special reports to fulfill client requirements. Information can be prepared and presented in the format and fashion most suitable for the client.