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  • Practice Management Solutions

    To build a successful healthcare business, it takes more than good patient skills and talented doctors. That's why we offer a package of dedicated services designed to take much of the manual process out of your back-office activities and streamline your cash conversion efforts. We help you do this by addressing four important business issues:

    BUSINESS ISSUE 1:

    Automating the Claim Payment Process

    You want timely deposits, a consistent view of all insurance claims paid regardless of payment method or channel, claim reconciliation, automated posting, and a reporting database for monitoring payer performance and coding errors.

    OUR SOLUTIONS

    • Wholesale Lockbox – expedites the collection and depositing of payments received from your payers
    • Healthcare Lockbox – consolidates claims payment detail from the various payers and creates an industry standard balanced payment file for automated posting
    • Information Reporting Online – provides additional management tools for denial reporting, secondary billing, and monitoring miscellaneous correspondence

    BUSINESS ISSUE 2:

    Streamlining Patient Pays

    Enhancing profitability means collecting, processing, and depositing paper checks from patient pays more accurately and efficiently.

    OUR SOLUTIONS

    • Retail Lockbox – expedites the collection, deposit, and posting of check payments received from the patients
    • Electronic Lockbox – speeds the collection, deposit, and posting of check payments received from the patients
    • Electronic Bill Payment – enables more flexible payment options to improve collection rates. Patients can remit by web or phone via their bank account or credit card

    BUSINESS ISSUE 3:

    Activating the Power of Point of Service

    Improve efficiency by depositing check, cash or card co-pays right from your office. We also make it quick and easy to transmit cash deposits to us for same day credit.

    OUR SOLUTIONS

    • Remote Deposit Capture – allows you to deposit checks anytime, from anywhere, and get them processed more quickly and securely
    • Remote Cash Deposit – safeguards and automates the depositing of your cash receipts
    • Merchant Services – offer you a smart, streamlined credit card payment processing service

    BUSINESS ISSUE 4:

    Finding Lending Flexibility

    To keep your bottom line healthy, you need to maintain cash flow efficiencies, optimize patient care, and eliminate the risk of equipment obsolescence.

    OUR SOLUTIONS

    • Credit – cover regular business expenses and customize spending limits and controls to your practice's needs
    • Lending – choose from a suite of term loans and lines of credit that help you finance equipment, supplies, and inventory
    • Leasing – obtain quickly changing equipment with no down payment with a flexible repayment structure
    • Swaps – gain flexibility by exchanging your cash flow using this derivative instrument


    Package Benefits

    Our workflow solutions help to facilitate compliance with certain HIPAA requirements, and you get a clear view of your financial position – how money moves in and out of your business and how quickly funds become available. And, best of all, you can do it all with fewer dedicated resources.