MediClaim of Florida, Inc.

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"The grace and power of your business are only as good as the iron under them. Productivity and performance go hand in hand."

We Service!
Keeping track of a business can be an overwhelming experience, especially if your current service company cannot provide the assistance your practice deserves.

A Fee Umbrella!
Our billing service include many services usually billed to your practice by other companies.

Billing Basics, download this Evaluation and Management basic handbook. It will allow you to review the latest E/M by category; a nice manual to have on hand.

Follow up!
Under our monitoring system, MediClaim of Florida supervises the payment course of a claim until the practice receives a full settlement from the insurance carrier. We keep a history on the scrutinized carrier for future reference that includes contact information; phone and fax numbers; and dates and times of communications as part of the follow-up process.
Patient Billing
In addition to claims filing and insurance follow-up, this feature comprises our Basic Service. Billing your patients, when payment is due, will become the last step in a claim process. 

Payment Plans
Practices often handle patients with balances due by letting "payments happen".
 
 

Medical Billing Service!

The biggest challenge we have had in the past is how to use today's technology successfully. At MediClaim of Florida, Inc., we spend a lot of time and effort to position our staff and company to take maximum advantage of the technology available today and to improve our services. Such is the advantage of using DSL technology, to access via the Internet, our clients' database and integrate data transmission. Part of our future plans are already here, and these include using existing tools in different ways, such as further automating the process of submitting electronic data to the practice and vice versa. As data entry becomes a systematic approach to the systems available today, we continue to train our staff to help them make better decisions so they can provide better support. We are here to assist your staff in the process! billing service Miami.

The Medical Banner
Exchange
This site is a member of the Medical Banner Exchange

When your practice chooses MediClaim of Florida, Inc. as your billing service company, we suggest to first evaluate your practice current claim system using our practice management assessment format. Your Superbill, insurance and patient forms, dunning letters used, available software system, computer hardware, peripherals (printers, etc.), and communications system are all authenticated for harmony. Subsequently, we gather all the necessary information to incorporate your practice under MCF's service umbrella. We even take a look at your carriers to recognize your HMO and PPO population, verify your bill above, make suggestions, etc. Once we process that data, we recommend specific services based on that assessment.

We highly recommend electronic claims submission it for fast cash flow recovery. Did you know that MediSoft allows you to file claims directly to the government carriers? We submit Medicare, Medicaid, Medipass directly to them using direct modules; no clearinghouse involved. For other carriers we still have the option to enroll you with a clearinghouse. For more information regarding free submission of claims to other clearinghouses, please contact us.

For a percentage fee umbrella, our full billing service comprise the following services:

  • Superbill design
  • Assistance in redesign of current office forms
  • Billing of all claims to include electronic format
  • Administer payment agreements
  • Daily to month-end reporting on all services
  • MediSoft tech-support; no installation fees on upgrades
  • Software update installations at no charge
  • Internet and email accounts setup

Internet access

Under our billing service umbrella, we offer remote access over your DSL connection. Appointment scheduling, printing of your Superbill, reports, patient database, are just some of the features available with our service. Our data is your data and access to it is available continuously.

Billing is not a matter of years of experience only. Precisely, it is a matter of constant training and education of personnel to keep up with the industry standards and new regulations. Since 1997 we do that; we keep the task. Along with the best solutions in the market for billing purposes, we offer accurate claim submission to lower claim rejection rate. This will help you regain some of that lost cash flow floating around in your office in terms of denied claims and pending follow ups.

How would you compare a reliable billing employee versus a billing company?

Skilled Billing Employee Billing Service
Hour rate:                $12.00 Based on 6% of collected amounts:
Yearly:                    $24,960.00 $100,000.00       $6,000.00
Employment Taxes: $1,960.00 $200,000.00       $12,000.00
Unemployment:       $500.00 $300,000.00       $18,000.00
Year Total:              $27,360.00 [approx.] $400,000.00       $24,000.00

$456,000.00 of collected amount

$500,000.00       $30,000.00
The employee calculation does not take into consideration year end bonus, sick days, vacation time, other personal and extra sick days. It is important to consider employee preparedness for the job to include, coding experience, job expertise [follow up], rejection rate, practice administration knowledge, billing software, support, industry awareness, etc.

Under a full practice management service, we engage in setting your practice to actual industry standards to include HIPAA compliance.

Looking at your Superbill: it should be designed to pick up the diagnosis and procedure information necessary to assure payment from the carrier. Updating your current office forms, i.e., Patient Information, should be designed to capture all the necessary information from your patients and responsible parties. Final Draft may play and important role in printing information without the need of double entries into the system. Is not only critical to know where to send a claim, but to have the assurance that your service will be paid accordingly. Having the accuracy of this information the first time, avoids costly billing services and payment within the expected time-frame.

We use electronic submission of claims to include Medicare, Medicaid, and the mayor carriers. Paper formats are used when carriers are not electronically linked to a clearing house. Even clearinghouses use paper claims.

Once payments are received in your office, you will forward the information to us. We will in turn, post all carrier payments, copay, cash visits, settlements, etc. Your reports will reflect all financial activity in any specified period of time.

Under our umbrella, all other services fall in to include, Phone Tech Support and MediSoft updates. Upgrades are installed with no installation charge (within the same version). Superbill procedures and diagnoses codes updates are included and reviewed every year. Redesign may be necessary; service is not included. 

As services can mislead to a few pre-determined listed here, for a complete list, please contact MediClaim of Florida, Inc.

Payment Plan for Patients

We leave it up to your practice to extend a patient's balance over a period of time. On a payment plan, your practice can assess finance charges. MediClaim will administer the finance process, calculate percentages, apply those charges, and finally collect them.

A source out of a collection agency reflects that the longer it takes for an office to collect from a patient, the less probability exits to collect from those patients. We do not offer payment plan to patients, it is up to the practice to extend any amount due over an extension of time, to include allowable service fees and other interest charges allow per law.

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