Quick Turnaround
Visible Turnaround of your practice within 24 Hours.
Advantages of Our Payment Posting Services with Spectrum Healthcare Inc.
Dedicated payment posting Services team with relevant experience to understand and interpret payer remittance and explanations.
- We analyze underpayments, denials, and overpayments if any.
- Both insurance and patient payments are recorded to generate the correct patient statements.
- Our methods provide accuracy and cost-efficiency.
Our Services
Services we offer in complete Medical RCM
Do you want to outsource your Medical RCM Services? Collaborate with Spectrum Healthcare Inc., a leading provider of Medical RCM Services in the United States.
Medical Accounts Receivable Services
Being a Medical practice, you need a positive ledger to take a long leap. Spectrum Healthcare Inc. helps you in meeting cash flow goals by effectively taking care of Account Receivables when it comes to insurance claims. Our Account Receivables services assure you of the payments from the patient’s insurance in a shorter time.
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Credentialing & Re-credentialing Services
Credentialing & re-credentialing services are integral components of practice management. They review programs that verify and assure the current competence of the practitioner. This verification and validation of the skills as well as the license of the provider requires a lot of paperwork and can be quite confusing.
Spectrum Healthcare Inc. provides trustworthy, timely, and precise credentialing and re-credentialing services for providers.
Medical Coding Services
Enhance the percentage of clean claims, as well as reimbursement and data reporting. Speak with One of Our Professionals Now! Coding services that guarantee precision and the desired results. Join our community and you may start making savings right away!
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Medical Document Indexing Services
Outsourcing document indexing services to Spectrum Healthcare Inc. gives you the advantage of a fully HIPAA-compliant and professional workforce who handles document indexing services for your practice. By digitization, scanning, and document indexing the health records using the latest software, any damage by natural causes is also prevented. We streamline the process and organize and store the data efficiently in such a way that your staff can access those easily as per their requirement.
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Medical Eligibility & Benefit Verification Services
Our end-to-end medical eligibility verification services help get more money from patients and keep accounts from getting old and being impossible to get money from. We have also worked with general dentists, orthodontists, endodontists, oral surgeons, and paediatric dentists to check their patients’ eligibility for dental care.
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Medical Fee Schedule Maintenance Service
A Fee Schedule Maintenance service is the list of negotiated amounts that the payor will pay to the providers for the rendered service. There are many types of fee schedules such as; Medicare, Medicaid, Commercial PPO, HMO, Employer Fee, Specialty Fee, etc. The structure and codes differ for each type. It is also no surprise that payers keep changing their allowable amounts many times during the year. It is tiresome to stay on top of these changes while focusing on the most important part of healthcare – the treatment.
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Medical Revenue Cycle Management Services
Smoother the administration, better the patient experience and revenue generation. Revenue Cycle is an end-to-end financial process that comprises multiple and complex tasks right from patient registration to payment posting. It is undoubtedly a critical operation that requires constant attention, industry expertise, and due diligence. If you fall short of trained individuals in your team or find it difficult to handle the mammoth paperwork and tasks, it is best to outsource to a leading and reputed revenue cycle management company – Spectrum Healthcare Inc.
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Medical Denial Analysis
By outsourcing medical billing denial analysis to Spectrum Healthcare Inc., businesses can effectively file insurance claims and obtain compensation. Our denial analysts understand healthcare denial management concerns and help organisations benefit from denial analysis.
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Questions & Answers
Your Questions
Our Payment Posting Services Include:
EOB analysis and identification of percentage of insurance receivables, frequency of inflows, denials, etc.
- Denial management.
- Prompt and accurate payment posting services.
- Immediate action in case of incorrect insurance payment.
- Identification and analysis of larger payment patterns that can help solve payer issues.
- Real-time tracking of cash inflow and accounts receivable.
How Do We Handle Your Accounts Receivable Services?
- Claim Status.
- Paid Amount and EOB.
- Reason for Denial and EOB.
- Missing information and resubmission.
Common Accounts Receivable Problems in Medical Practices
- Revenue from production is slipping between the cracks.
- Your team is uneasy with collections.
- Your team lacks the necessary experience to solve problems.
Revenue from production is slipping between the cracks
Between the time you finish a service and the moment a patient or insurance company actually pays for it, a lot can happen. Because it takes time and a deft touch to ensure that invoices are paid on time, it’s simple for a sizable amount of production revenue for many practises to simply become stranded. Our staff can assess your present output, keep a careful check on your accounts receivable, and ensure that the bills are consistently paid on time.
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