First Revenue Cycle Management
First Revenue Cycle Management
The billing process of a practice necessitates attention to fine details, fast processing and adherence to norms to ensure maximum reimbursements. With our integrated EMR and PMS systems First Medical Solutions is able to reduce your billing cycle, improving accuracy greatly to ensure no rejection and then to get reimbursement fast.
First Medical Solution has developed medical billing process to provide quality medical billing services to clinics. This helps clinics sustain lower time - to -claims and long run profitability of the practice.
Automatic Claim Generation
At the end of the encounter, the ‘super-bill’ data automatically fills the claims and the claim is verified for all necessary critical information. The scrubbing verifies patient insurance policy information; critically evaluates insurance eligibility criteria, check for referrals if needed, the relationship of clinical treatment plan to chief complaint, treatment plan adhered to CMS recommended guidelines and associated quality modalities. By critically evaluating or scrubbing the claim, rejection is minimized and fast reimbursement cycle time is ensured.
Electronic Claim Processing
Bills are submitted electronically ensuring faster payment and turnaround time. Typically, 28% of paper claims are rejected due to entry avoidable errors. First Medical Financial Services can submit claims to all leading insurance services instantly.
Lower Rejects, Faster Payments
The claims go through an intense audit process to ensure that the claims submitted are accurate. The scrubbing verifies patient insurance policy information; critically evaluates insurance eligibility criteria, check for referrals if needed, the relationship of clinical treatment plan to chief complaint and associated quality modalities. By critically evaluating or scrubbing the claim, rejection is minimized and fast reimbursement cycle time is ensured.
Rejected Claims Processing
Claims returned by insurance service providers do not need to undergo delayed re-processing after a time gap. First Medical Financial Services immediately attend to the rejected claims and look into the reasons for rejection, processing details required, etc.
Mapping EOB and EOR
Insurance reimbursements are automatically mapped into the respective claims and those with issues, are flagged for easy follow-ups. Our Claims Analysts quickly identify any issues and resubmit the claims for faster settlements.