BillSnaps Inc Billing Solution Nationwide
Most hospitals and medical offices, regardless of size, experience significant irregularities in cash flow resulting from inefficiencies in their medical billing and collection processes. Typically, but unknowingly, these healthcare organizations are losing substantial net receivables due to factors like improper coding, outdated billing systems, accounts receivable (AR) management, and a lack of understanding of the collection protocols from insurance companies. Insurance companies add a layer of complexity by designing collection processes that can blind hospitals and medical offices and inhibit them from fully collecting on patient claims. Thus, expenses for healthcare organizations increase while reimbursements decline.
Benefits of BillSnap Medical Billing
BILLSNAPS INC has innovated a comprehensive revenue cycle management model that enables healthcare organizations to predict revenue and increase cash flow. The model parallels those used by other successful enterprises outside of healthcare, by employing industry-specific metrics, key performance indicators (KPIs), and a best-in-class AR management and technology solution to standardize and regulate collections.
