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Physician Billing ServicesThe immediate benefit of using third party physician billing services should be to increase your reimbursements. In fact, a physician billing service should be more efficient and effective at medical billing then your own office. A medical billing company should let you and your personnel focus on practicing medicine. Preferred Health Resources offers HIPAA compliant billing services that will make your practice more profitable. We will increase your receivables and decrease your expenses. And how can we be so sure? According to a recent article in Dermatology Times a claims adjustment rate of between 20% and 35% is considered good and acceptable. At Preferred Health Resources our account executives have an average of eight years in medical billing. Their knowledge, ability, and dedicated follow-up is why at Preferred Health Resources, our adjustment rate is consistently lower, as low as 12% with Medicare. At PHR we achieve A/R rates for our practices that are higher than the industry average. Simply put, you and your practice will get a higher average return per processed claim. Preferred Health Resources is more then a claims processing center because we offer multiple Benefits and Services. Our state-of-the-art billing system daily generates your claims, which are accurately coded and electronically submitted. Once your “superbills” are processed, payment can be received in as little as ten days, not three months. We are particularly effective at helping new clients with existing practices. Once you become a PHR client, our experienced conversion team will expedite carrier paperwork. There is no lag time or decrease in your cash flow. Our account executives will then aggressively follow-up on your old receivables. This means your practice can expect an initial boost to your cash flow as we clean up and collect on your outstanding claims, literally “found” money. Using PHR as your medical billing service, you can expect consistently higher reimbursements in a timelier manner. We make your transition effortless. And yes, we welcome start-up practices. By using Preferred Health Resources, you and your staff can free up your time. You and your personnel can concentrate on your medical practice, and use that time to see more patients. And there is the additional benefit of freeing up valuable office workspace. Are you reducing your expenses? Preferred Health Resources’ clients reduce their back office expenses by using our Practice Management Software package. All you need is a PC and access to the Internet. Our Practice Management Software is all-inclusive, even our Palm/PDA billing application is part of our standard service. There are no costly software updates or support fees. There are no hidden costs or additional charges. Preferred Health Resources offers a complete "high touch" physician billing services. We offer a complete business solution to your medical billing and practice management needs, and we do it all for one fee. All the Services and Benefits you receive are included, even your overnight mail for shipping your demographics. Finally, according to the Dermatology Times, the average medical billing fee is 8.5% nationwide. Our fee is below the national average. Our goal is simply to provide the highest return on your claims, without sacrificing service or patient support, at a competitive price. For more information or to schedule an appointment please contact us at: Preferred Health Resources
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