For medical billing, Tampa represents a major market. With upwards of a dozen hospitals and hundreds of smaller medical practices scattered throughout the region Tampa medical billing specialists have a never-ending job that's getting more and more complex by the minute as America's healthcare system undergoes watershed changes in regulatory, insurance and financial realms. Rising healthcare and related technology costs paired with reimbursement cuts and an economy that has patients strapped for cash make it all the more important for physicians with practices of any size to collect every penny they've earned.
That's why for expert medical billing, Tampa calls on iATROS Healthcare Solutions. We provide expert medical billing and other revenue cycle management services including medical coding, appointment scheduling, pre-verification of insurance coverage, insurance claim submissions, EMR conversion and management and analytical reporting that shows where your practice stands and where it's going financially.
When trusting iATROS Healthcare Solutions with their medical billing, Tampa practitioners can expect to shave weeks, even months, from their A/R cycles. We use state-of-the-art software, innovative "best practices" processes and the expertise of our staff of medical finance veterans to help you make more money faster. Industry statistics indicate the average physician leaves more than 20% of net revenues uncollected. It's not uncommon for as many as 30% of claims to be rejected during the first submission, of which as many as 50% never get resubmitted.
As per MGMA standards, iATROS professionals aim to collect 90% -95% of receivables, depending on specialty, within 120 days, and to have 97% of your insurance claims approved on the first pass. If mistakes, frustrations with the ever-changing system of regulation or simply a lack of adequate collections resources are forcing you to walk away from money you've earned, iATROS Healthcare Solutions can help.
The continuously changing regulatory requirements, insurance claim procedures and the as-yet-unknown effects of America's healthcare reform make this an uneasy time for professionals in medical billing. Tampa clients of iATROS Healthcare Solutions can take comfort in our staff's decades of experience and our continuous study of the industry. We assure that your Tampa medical billing procedures will be in full compliance with all applicable regulations, taking the burden off you and your staff and allowing you to reallocate human and financial resources to your core patient care functions. Let iATROS Healthcare Solutions handle your practice's financial health while you and your staff care for your patients' health. The results are more efficient and effective employees, happier patients and more money in your practice's bank account.
If you're ready to buck the trend of independent practices being forced to sell their anonymity to a hospital or healthcare network just to survive, trust iATROS Healthcare Solutions with your medical billing, Tampa. Call us at (904) 296-1160 today.