FQHCs are required to conform with all legal requirements and develop an effective as well as efficient billing systems. To achieve this, they often outsource medical billing functions to FQHC billing companies. Today, there are many FQHC billing companies that provide a wide range of services. It is prudent to choose a billing company that has vast knowledge in billing and revenue management needs. Below we profile three of the top FQHC billing companies in the U.S.
Practice ManagementThis company is one of the best billing companies that offer professional billing services to their wide range of clients. In fact, Practice Management is not only reputable, but also gives their customers the first priority in establishing the goals, objectives, and weaknesses in their billing system.
As one of the leading companies specializing in FQHC billing, Practice Management makes use of carecloud software to reduce denials and increase profits. As a result, this company stands out when it comes to quality of services offered and level of expertise. Since it is one of the fastest growing FQHC billing companies in United States, it has helped a number of related health centers to maximize and update their revenue collection and enhance billing efficiency. Practice Management specializes in the following: assisting FQHC to comply with legal requirements, boosting revenue collection for FQHCs, and putting in place an effective and efficient billing process.
VisualutionsIt provides the usual FQHC billing services, but its area of specialization is providing health centers with operating cost reduction as well as revenue maximization remedies. In order to realize this, the company focuses on a number of things, including staff preparation to impart them with knowledge and skills to enable them manage Federally Qualified Health Centers services successfully.
Visualutions has an outstanding reputation that cannot be matched by other billing firms. It is worth mentioning that the firm combines practical training and class room training so as to achieve the best results.
Synergy BillingSynergy Billing is regarded one of the best billers in terms of revenue collection rates. It has been operating for many years and is fully devoted in offering specialized health center billing services. Synergy uses the following aspects of Federally Qualified Health Centers billing in order to make the best use of revenue. Such strategies include informational webinars and account receivables recoveries and and staff training. Information webinars involve the use of webinars to make sure that staff and management adhere to the best billing practices to increase revenue collection.
In addition to webinars information, staff training plays an important role in helping FQHC staff understand how the Federally Qualified Health Centers billing works. Account receivables recoveries is carried out so as to determine any errors that result in A/R balances whereas checking on open accounts.
Synergy Billing system supports all the main software platforms that are used by Federally Qualified Health Centers. Synergy billing can configure your software to work for you.