By utilizing Benchmark’s billing and collection service, Dr. Pantaze will be able to view comprehensive reports and in-depth analytics to see how well their practice is performing against other psychiatry practices at both local and national levels.
Lynchburg, VA (PRWEB) January 07, 2015
Benchmark Systems Inc., a company providing web-based medical practice software solutions and services, announced today that it has been selected by Dr. Bede A. R. Pantaze, Ph.D., to implement their billing software and services at Pan-Psy Associates Inc in Glasgow, VA, and to oversee the billing and collections functions of the practice.
“By utilizing Benchmark’s billing and collection service, Dr. Pantaze will be able to view comprehensive reports and in-depth analytics to see how well their practice is performing against other psychiatry practices at both local and national levels,” explained Ernie Chastain, Vice President of Benchmark Systems Inc. “We develop this leading-edge technology and offer these services to make a real difference for the business aspect of medical practices.”
Electronic medical records, digital versions of the charts kept by health providers, are the most commonly addressed aspect of medical software. But Chastain, whose company provides a wide variety of software applications ranging from EMRs to billing and appointment software, explained that integrated software solutions help more than just the patient-care aspect of running a practice.
Outsourcing collections also offers significant financial benefits, and Chastain said that staffing and service set his company apart from other medical software companies. By engaging Benchmark Systems’ services for billing and collection, certified coders and certified public accountants will handle the collections process for Pan-Psy Associates. “Our employees are experts in claims submissions, eligibility verifications, denial management and follow ups,” said Chastain. “Benchmark’s medical billing service will help eliminate the difficulty of accounts receivable collection and will allow Dr. Pantaze to focus on providing the highest quality of patient care without constantly worrying about cash flow.”
Chastain said that his company’s client’s see, on average, a 10% to 15% increase in collections during the first year of service. When Benchmark Systems Inc. works with any practice, he said, the company’s goal is to support the mission of that individual practice and reduce the burden on care providers and office staff.
“Dr. Pantaze will leverage our extensive cloud resources and our highly trained staff to streamline -- not change -- existing daily workflows,” stated Chastain. “We are extremely honored that they chose to enter into a partnership with Benchmark.”
About Benchmark Systems
Benchmark Systems offers fully-integrated technology solutions for physicians and healthcare providers. They can assist with Practice Management, Revenue Cycle Management, Scheduling and more. Benchmark Systems has developed unique interfaces for over 120 specific practice types in order to deliver the best care. To learn more, visit benchmark-systems.com.