Altruist Medical Billing exists to help medical providers and clinics improve their financial performance. We provide the tools and insights to achieve your business objectives. Altruist Medical Billing are geared to do just that – help you improve your business. Statistically, medical billing outsourcing improves your cash flow and collections and reduces the costs and headaches of employee problems. What you can expect
The struggle between payers and providers over insurance compensation, continues to escalate as payers apply more resources towards reducing their reimbursements. Medical insurers benefit from not paying you promptly. It is how they manage their cash flow. Miscoding and errors cause rejected claims and delayed payments. Our expert medical billing process ensures accuracy and thus insurance payment. The Altruist Medical Billing process, from data entry to claims submission ensures your checks come in faster. We do the job right from start to finish.
Our collection system includes aggressive, effective denied claims appeal. This not only increases cash flow but also lets the insurance industry know your facility is unwilling to accept denials as a routine cost of doing business.
The Managed Care trend in the health care industry has resulted in a staggering increase in the number of payer denials. The estimated number of denied claims has increased to 18% over the last ten years. Discounting this impact is not a luxury most practices can afford given cost-constrained healthcare management.
We use our vast experience in the medical billing industry to implement strategies that reduce denials. While appealing denials is part of our process, we actually help solve denial problems rather than just addressing them.
You probably already know the costs associated with in-house billing and practice management systems. These include software expenditures combined with service fees, training, support fees, maintenance, and upgrades. And with the expense of servers and networks, it all adds up to a substantial and often uncomfortable amount.
Using Altruist Medical Billing almost completely eliminates these costs, while at the same time providing you with perhaps one of the most efficient, user friendly, web-based practice management systems in the marketplace today. And because it is web-native, all you need are PCs and internet access. No servers or software to buy. Maintenance and upgrade costs are eliminated. Choosing Altruist Medical Billing not only eliminates all the hassles regarding billing and coding, but also takes care of your system concerns as well.