About Us Advantages Contact us. Benchmark Billing Solutions

Transcription

1 Benchmark Billing Solutions

2 About Us Advantages Contact us Our Vision Our Clients Our Services About Us Benchmark Billing Solutions is a Delaware based LLC with rich relationships in the US. Organizational experience across almost all US states, over 20 PMS systems and over 60 specialties We bring the best technologies, tools, people and processes to our clients. The leadership are pioneers in the offshore medical billing industry and were involved in a landmark acquisition in We have experience in Medical Billing across startups, mid-size and large billion dollar organizations. We track the changing technology and policy environment and keep our clients in the forefront of change.

3 Our Vision Our Clients Our Services Our Vision Our Vision is to navigate clients successfully and profitably through the upcoming changes in technologies, rules, payment models and unforeseen challenges in the second decade of the ACA through our "change-ready" Medical Billing and Healthcare Revenue Cycle Management services.

4 Our Vision Our Clients Our Services Our Clients Physician Group Practices Community Hospitals Freestanding and other care facilities Medical Billing Companies Physician Medical Billing Challenges extend across care settings affecting decision makers from group physician practices to the management of community hospitals and independent healthcare facilities in urban, semi-urban and rural settings. For instance, just the Affordable Healthcare Act leaves a trail that has physician administrators addressing issues such as Increase in work hours (15%) Decrease in collecting patient portions (25%) Cancelled payer contracts (10%) Unprofitable patients and increase in NP and PA Benchmark Billing Solutions addresses the core problem of reduced reimbursements and increased cost of collections through technology, knowledge solutions, and next generation patient billing processes to provide services and solutions that are sustainable in the long run.

5 Our Vision Our Clients Our Services Our Services Medical Billing Services Coding Services Benchmark Billing Solutions covers all function across the Medical Billing and Revenue Cycle Management value chain. Patient Billing Services HER Implementation Ancillary Services We understand physician billing and manage their receivables in different settings including group practice, community hospitals and freestanding facilities. We also understand different stakeholder needs and nuances of each setting and will customize our services as required. Our Ancillary Services help you plan for specific needs to: Manage staffing issues Address specific issues with payers, denial types or aged claims Pilot new processes at a lower cost We bring strategy, thought leadership and flexibility to our client relationships to maximize our value.

6 Our Approach Our Value Our Value Proposition Our Approach Change- Ready: A flexible and proactive organizational approach that ensures smooth transitions into the future of RCM. Governance: Scheduled meetings and reports, shared goals and collaboration result in transparency and customized benefits. Knowledge Base: Source, interpret and inform clients about new rules and updates and their operational impact keeping them on top of industry knowledge. Technology: Regularly evaluate new technologies and capabilities to be on the cutting edge of meaningful change. Operations Excellence: Continuous improvement, quality, training, client collaboration and metricdriven results. Patient Processes: New methodologies and focus on patient collections due to increase in patient portion in AR. Service-as-asolution: Benchmark services combined with technology options and partnerships gives clients a full solution with flexibility. Payer relationship: Understand, engage and monitor payers to quickly eliminate issue and develop deep AR policies.

7 Our Approach Our Value Our Value Proposition Our Values Physician productivity Continuously reduce physician time on administrative functions through documentation improvement and initial coder-physician collaboration. Increase in revenue 5% to 15% increase in collections due to better preclaims processes, information management and technology. Cost reduction 15%-25% in savings through offshore service delivery, continuous process improvement and automation. Management focus Help clients management teams to focus time and investment on patient care strategies while we manage their receivables. Patient collections Collect about 30% more on patient AR due to strategic and dedicated effort on patient balances. Commitment Trust and Relationship are key values anytime access across the hierarchy, site visits, solutions orientation and Results. Transparency Know our people, business, processes, metrics and results, get real-time access to our performance, demonstrated compliance and risk management. Cash flow Ensure optimal and steady cash flow based on monthly physician productivity to enable budgeting and reduce operating expenses.

8 Our Approach Our Value Our Value Proposition Our Values Proposition Relative Capability - Core Performance Drivers Superior Performance Governance Collaboration Tools Change management Knowledge Base Continuous Employee Improvement Empowerment Operational Excellence RCM Technology Adoption RCM Technology Adaptation Medical Billing Medical Coding Patient Billing EHR Functions Front-Office Scheduling Front-Office Billing ICD-10 Transition Credentialing Document Management Competitors BenchMark Superior Relative Value Total Collections Patient Collections Cash Flow Pricing and Cost Collaboration

9 Contact us Benchmark Billing Solutions LLC Coastal HWY, Lewes DE Your success isn't based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.