Jacksonville, FL (PRWEB) November 05, 2014
iNtelli-Bill, the Medical Billing Services division of American Medical Systems, Inc. (AMS) today announced a flat rate pricing option for it's physician clients. Bob Bortz, CEO of AMS stated under the new fee structure, physicians pay only a small flat rate per claim or statement, regardless of the amount paid by insurance or the patient. Typically, billing services charge a percentage of all money collected, regardless of the work or costs involved. With flat rate pricing, physicians stand to save plenty said Bortz and it's a far more fair way to bill for actual services performed.
The practice keeps all money collected, whether it be from patients or insurance companies. Physicians save even more when their front office collects copays or old balances as patients are seen, reducing the need for mailed statements substantially. With ACA and rising deductibles, doctors must do a better job of collecting what's due from patients said Bortz.
It's a fact that many patients ignore statements until they make their next appointment or are physically seen again. Opportunities to collect balances due from patients are missed when front office personnel don't have the tools or training they need, or are forced to use inefficient or poorly designed systems. When iNtelli-Bill's included web based front office practice management system (HorizonMIS) is utilized, office personnel always know when there's a copay or patient balance to collect. It's impossible not to, said Bortz. An integrated electronic payment processing system makes it very easy to collect credit card payments, as well as ACH or checking account payments from patients in person, or over the phone. Recurring or monthly payment plans are easily set up for patients by both front office and billing service staff which also eliminates the quantity and costs of mailed statements required.
Percentage based contracts are available if preferred, but it's important to note that the services provided by iNtelli-Bill for flat rate clients are exactly the same as those on percentage based contracts. All unpaid claims receive timely and routine follow ups in the same manner regardless. This has always been one of iNtelli-Bill's strong points and will continue to remain so with flat rate billing, said Bortz.
iNtelli-Bill and AMS are pioneers in billing and practice management systems since 1981. iNtelli-Bill billing service clients have full access to AMS' HorizonMIS practice management system for scheduling, registration, insurance eligibility verification, payment processing and more. HorizonMIS integrates with existing EHR systems which utilize HL7 based interfaces.
(c) 2014 by American Medical Systems, Inc. iNtelli-Bill and HorizonMIS are trademarks of American Medical Systems, Inc.