Is Your Practice Struggling With Medical Billing Issues?

As a medical billing service created for doctors by doctors, Olympus Medical Billing is your comprehensive resource to eliminate all of the undue stress that finance complications can inflict on your practice. Overdue accounts are becoming excessively common for physicians everywhere, resulting in both financial and emotional issues that can greatly burden a business and its staff.

Turning to a leading Physician Billing Services company can greatly reduce this problem in your practice, making the constant headache of collecting fees a distant memory. When you use the medical billing specialists at Olympus Medical Billing, you are investing in a service that can handle both simple and complex insurance and collections challenges, resulting in proper compensation for your business.

Empower your practice with the reassurance that comes from proper medical insurance billing with the expert guidance of Olympus Medical Billing.

Common Medical Billing Issues

Collecting Accounts Receivable

Often, one of the most prominent issues with medical billing is attempting to collect accounts receivables. A dedicated, well-organized staff and physician often aren’t enough to follow through on all medical insurance billing, especially if there are a significant number of patients being treated on a regular basis.

Not Enough Time in the Day

While office managers are highly effective at helping patients, organizing paperwork and addressing immediate billing inquiries, they often aren’t able to manage all of these tasks while also handling other medical billing issues. This often means that medical billing services such as posting credits and adjustments to patient ledgers, appealing denied claims and managing all accounts receivable impede on an individual’s ability to properly take care of patients when they are physically in the office.

Billing is Often Left to One Individual

When any office task is solely delegated to one individual, the potential for further medical billing issues is practically unavoidable. When an office manager is absent from the office, medical insurance billing comes to a halt, further compromising a practice’s ability to collect the money that they are owed for services rendered.

Patient Ledger Errors Resulting in Decreased Business

Perhaps one of the leading reasons why patients seek out alternate treatment is due to medical billing errors that are often the result of disorganized office operations. This can lead to a loss of trust and loss of business.

Experience the Difference of the Olympus Medical Billing Solution

Equipped with comprehensive knowledge of the healthcare billing and medical billing realms, Olympus Medical Billing is the only resource that you’ll need to resolve any issues you might be experiencing with your practice. Our process is as follows:

Step 1: Implement Proper Medical Insurance Billing Software

Olympus Medical Billing is adaptive, meaning that we can work with the healthcare billing software that you already use in your practice. If you don’t have any software whatsoever, we provide you with a Practice Management Software free of charge. After establishing our medical billing services with your preexisting or new software, we are able to record EOBs daily, making them available to your practice as well.

Step 2: Connect to a Secure Web Based Platform

We work with you with whatever software you have. If you don’t have any system, we communicate with you through web based practice management software, provided to you for FREE. This allows our professional medical billing specialists to access your account both safely and securely, reassuring you that all patients’ information is protected. It also allows us to post all payments and adjustments into your patient ledgers within 24 hours, including any relevant notes as well.

Step 3: Begin Your Medical Billing Collections

After setting up the proper framework for your medical billing services, we can then have our medical billing specialists handle all of the medical insurance claims for you. This means that we have our medical billing specialists resolve any missing patient data and send all necessary electronic attachments and narratives in order to minimize the chance of a claim being rejected. Additionally, our medical billers will appeal any denied claims in a manner that is both timely and effective.

Step 4: Regular Reporting That Keeps You in the Know

We believe in working not only for practices, but with practices as well. This means that we keep you informed of our progress for your medical insurance billing collections every step of the way. This information is delivered in regular email reports that track office collections and production ratios, including:

• The number of healthcare billing claims that we have submitted daily.
• The number of medical insurance billing claims that we have appealed daily.
• The number of claim errors that we have corrected.
• Monthly collections, accounts receivable, and more.
Take control over your medical billing issues through the use of professional medical billing services that keep you in the know, while allowing you to focus on what truly matters: your practice.

Eliminate Your Medical Billing Issues

When you take advantage of all of the medical billing services that Olympus Medical Billing has to offer, you will never have to settle for collecting anything less than 100% of everything that you produce.

We strive to exceed our client’s expectations, using the expertise of our medical billing specialists to reverse claims through professional appeals while collecting all of the compensation that you deserve from insurance companies. With industry-leading tactics and guidance, you can take confidence in our ability to render all necessary medical billing services to lead to the most favorable outcome for your practice.

Build a Relationship With Our Professionals

Olympus Medical Billing is adaptive, meaning that we can work with the healthcare billing software that you already use in your practice. If you don’t have any software whatsoever, we provide you with a Practice Management Software free of charge. After establishing our medical billing services with your preexisting or new software, we are able to record EOBs daily, making them available to your practice as well.

Improved Office Staff

Because we are able to handle the burden of medical billing tasks, your office manager will be able to engage in beneficial office practices such as answering the phone quickly, managing staff members effectively, properly executing scheduling and acknowledging and assisting each and every patient that walks through the door.

Guaranteed Cash Flow

When office managers become ill or must take a few days off, you will no longer have to worry when you implement the premier medical billing services of Olympus Medical Billing. There will no longer be disruptions in collections as there is always someone working on your medical billing collections regardless of what is occurring in your practice.

Ensure Accurate Accounting

Additionally, our medical billing services ensure that all insurance payments and adjustments are posted properly to all patient ledgers. With outstanding service both inside and outside of the office, you will no longer have to worry about patients leaving your practice due to disorganized billing.

Begin Handling Your Medical Billing Properly Today

With the experience and professional expertise required to execute medical billing properly, Olympus Medical Billing is the only resource that you will ever need to collect the money that you deserve for your services. You will receive all payments directly, meaning that the assistance of our professional, remote medical billing specialists are all that you need to make a difference in your business.

If you’re ready to optimize the way you run your practice and collect on your medical billing, contact Olympus Medical Billing today to take advantage of our Physician Billing Services, made by physicians.