Welcome To Winspectrum
Need of Business Outsourcing Medical Billing
The medical billing process usually starts at the initial point of contact between a patient and a healthcare organization. During this interaction, front-end staff must collect patient information that will lay the foundation for billing and collecting. From a revenue cycle perspective, getting the most accurate information upfront starts with patient scheduling and patient registration, Which provides the groundwork by which claims can be billed and collected in the most efficient and effective manner possible.
Also While ensuring a patient’s demographic information is correctly put into the provider’s billing system is essential, it is also key that front-end staff also verify health insurance status and coverage.
Not asking relevant & the right questions regarding eligibility to the patients and insurance companies will cause an increase in denials and rejections. Our study shows eligibility issues are the top reasons for claim rejections, and about 8 percent of claims submitted are rejected because of eligibility problems.
Our study indicates that 29% of claims on average were received by healthcare providers more than 30 days after the services were provided & 15% of claims were received from providers more than 60 days after the services are provided.
Winspsectrum Also Provides
RCM solutions for improved financial outcomes
Efficient work flow management
Compliance driven
processes
Increase
collections
Convert fixed costs to variable
Reduce
‘Days in A/R’
Reasons Medical Billing Denials
Missing information
Duplicate claim or service
Service already adjudicated
Limit for filling expired
Not covered by payer
Well trained staff always avaible for quick response for any business related quiry any time
Our Working Process
projects
approach
Why Choose Us
Improve collections while
accelerating cash flow
Reduce your
administrative costs
Achieve efficiencies not attainable by
billing in-house
Address compliance
confidently
Minimize medical
billing denials