Billing Services For Your Large Practices

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Billing Services For Your Large Practices
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Save 30- 60% on annual payroll with expert billing facilities!

Managing billing for a large medical practice is complicated, time-consuming, and prone to pricing errors. Inaccuracies in billing and coding not only delay repayments but may also lead to lost revenue. That is why DocVaz offers specialized clinical billing and denial management services for larger practices across all 50 states.

With over 10 years of proven experience, our company reduces the claim denials by up to 97% and supports your practices to maximize ROI, enhancing workflow efficiency. It also potentially cuts prices – saving up to 30 – 60% on annual payroll.

Why DocVaz is the Right Partner For Your Large Practices?

At our company, we know that large practices face huge administrative challenges. From complicated patient registrations to the meticulous management of claims and denials. You require a robust and scalable system that simplifies billing while ensuring accuracy.

We share your objectives of:

  • Quicker and more reliable cash inflows.
  • Error-free billing and coding.
  • Improved patience experience.
  • Comprehensive denial management.
  • Regulatory compliance.
  • Price efficiency & savings.

Our modern infrastructure, combined with a team of skilled experts and up-to-date billing technology, confirms complete and end-to-end RCM for your practices.

Our Proven Billing Infrastructure

The big practices often struggle with filling and controlling thousands of claims every month. That is why our robust billing systems are designed to confirm:

  • Transparency in processes.
  • Real-time access to claim status.
  • Accurate documentation.
  • Regular A/R follow-up.
  • Quick repayments.

With 24/7support and efficient denial management systems in place, DocVaz acts as an extension of your team, working tirelessly to minimize income leaks, correct the mistakes, and support your staff’s concentration on providing patient care.

8 Core KPIs We Use to Optimize ROI

We rely on data-driven methods to measure and enhance your revenue cycle performance. These KPIs deliver a clear view of the financial health of your practices and support identifying regions of enhancement.

Top 4 Methods that Affect 60% of Billing Efficiency

  • Days in Accounts Receivable (30 to 40 days)

We maintain your accounts receivable days low by tracking claims closely and confirming quick payments, resulting in better cash flow and enhanced financial performance.

  • Net Collection Rate (98%)

We confirm that nearly all the money your practice owes, whether from patients or insurers, has been collected promptly and accurately.

  • First Pass Acceptance Rate (97%)

Our clean claim submission rate is among the highest in the industry, which means some resubmissions, quick repayment,  and less administrative burden.

  • Denial Rate (1%)

With our proactive denial management strategies, we maintain the denial rate. We detect and fix mistakes before claims are submitted and swiftly adhere to any rejections.

Addressed Billing Services to Match Your Needs

We understand that “one-size-fits-all” does not work in medical billing services. That’s the reason why we offer personalized solutions to meet your practice’s unique needs. Our services involve

  • End-to-end revenue cycle audits.
  • Aging claims analysis and healing
  • Coding accuracy and documentation reviews.
  • Streamlined workflow implementation.
  • Transparent reporting and dashboards.

By outsourcing, you free your internal team from the non-medical burden, enabling them to focus on patient care and medical effects.

Our Streamlined Billing Flowchart for Large Practices

Our facilities adhere to a structured billing workflow that improves efficiency at every step:

  • Insurance verification & eligibility: Wensurees insurance coverage and require pre-authorizations, lowering the claim denials upfront.
  • Patient registration: We precisely collect and enter the patients to confirm error-free claim submissions.
  • Claims submissions: Our team submits clean, well-documented claims to maximize the acceptance of the initial submissions.
  • Coding & documentation: Certified coders apply rectified ICD-10, CPT, and HCPCS codes for every method detection
  • Denial management: We analyze denied claims, rectify the concerns, and resubmit to confirm income is not lost due to preventable errors.
  • Payment posting: Timely and accurate payment posting confirms proper record-maintaining and individual communication.
  • A/R follow-up: We adhere to outstanding claims,  and confirm that pending payments are collected quickly
  • Patient Billing: Patients receive clear, transparent billing statements with rectified co-pays and balances.
  • Education & outreach: We engage with your staff and individuals to enhancekknowledgeof billing, collections, nd financial responsibility.

How DocVaz Supports Hand Helps You Accomplish Financial Success?

Our efficient work procedures aree designed to boost your financial performance without disrupting your existing clinical operations.

24/7 access to technology and infrastructure

Utilizes our advanced billing devices, software, and infrastructure without any additional investment. We handle updates, compliance technical aid – so you do not have to.

Daily auditing and quality management:

Our internal audits catch inaccuracies before they cause revenue losses. Each claim is checked and rechecked to lowers the denials and confirms clean, timely submission.

Clear and upfront communication:

We services transparent communication between your team, insurers, and individuals reducing confusion and streamlining workflows.

Expertise and specialization:

Our certified billers and coders are trained in medical billing for largere practices. Maintain the pace with ever changing coding regulations and payer requirements.

Add-on Services: Complete RCM Solutions in One Place

To further streamline operations and enhnaces cash circulations, we offer a range of add – on services that complement yoru billing requirements:

  • Prior Authorizations: Prevent last minute surprises. We handle prior authorizations, saving yoru teams valuable time.
  • Eligibility & Benefits Verifications: Ensure insurance coverage before the services are rendered to lower the claim rejections and speed up collections.
  • Credentialing: We offers you facilities to support practices preventing the troubles of assessing a physician’s qaualifications, and licensing.

Ready to MaximizeYour Income & Minimize Your Hassles?

Let our DocVaz Medical Billing be your partner in development of your business. We take complete responsibility for controlling your billing, coding, income cycle – so your team can concentrates on what truly matter: exceptional patient care. Schedule a consultation today with us!

FAQ’s

The clients may save 30 to 60 percent on payroll by just outsourcing the billing to our company.

About over 99 percent clean claims are submitted on their first attempts.

We owers the denials up to 97% with our expert denial management.

We helps you for all major EHR/EMR platforms.

All the solutions are adhered to your certain practices requirements.

Yes, offcourse we strictly adhere HIPAA and coding regulations. 

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