Medium Size Practices See Measurable
Gains in Cash-flow, Reduction in Paperwork
Every practice is committed to patients. But the larger your overhead, the more mindful you are of the cost of providing healthcare services at a profit. Because of the scale of your business, you may have thousands of dollars in long-term limbo, with no foreseeable potential for reimbursement.
In today’s world, your cash-flow is more important than ever. Consider Patcare/Sterling-Wright as a cost-effective, long-term partner in identifying all avenues of reimbursement for your valuable services. We can help your facility collect insurance claims and gain reimbursement for uncovered services or identify the need for financing immediately.
Reversing a Trend in Managing Cash, Controlling Costs
Often, it seems like everyone else is trying to keep you from having cash when you need it: insurance payers, patients, even your own staff (unintentionally of course).
Working with our partners to meet your needs,Sterling- Wright helps you:
• Speed up patient registration
• Lower costs to verify insurance coverage of patients
• Accurately identify insurers and levels of coverages
• Increase cash mangement with on-demand payment • Proactively implement and manage financing options
• Better manage the status of claims submissions
• Reduce the
length of time you wait for claims to be paid
• Lessen submission of claims having errors
Real-Time Information on Insurers, Coverage, Deductibles
Your front desk can quickly get information about a patient’s insurance coverage, using the individual subscriber numbers and the name of the insurance provider. In addition, existing information can be matched to your current electronic medical records program.
Through a pull down menu, your staff simply selects the carrier, adds the group and subscriber numbers,
and clicks “Enter.” Within seconds, your organization has insurance coverage information, including
co-payments, deductibles, and all information
pertaining to pre-certification.
Now your staff knows immediately how much
a patient owes. No more telephone calls,
remembering web site passwords and IDs or
hunting through web sites. Easy to use, easy to
find insurance coverage answers.
No Limit to Daily Claim Submissions
The system captures relevant data on the electronic Registration Page for updating client records and filing insurance claims.
No more transcribing data. One swipe and it’s all there, easy to print, easy to read.
However, before transmission to the insurance company, our software reviews the submission for any reason the claim might not be paid. A status report tallies all your outstanding claims, highlighting those that need editing in red. Again, it's simple to use, fast and accurate