If you’re looking for high quality and personal service, you’ve come to the right place. At Git R Done Medical & Billing Services we’ll give you the attention and personal service you’ll come to expect and enjoy.
The ongoing changes in the insurance field are almost impossible for a medical practice to maintain a positive cash flow. With using our billing services your overall expenses are greatly reduced. Your reimbursement time is accelerated. Git-R-Done Medical & Billing Services is the key to improving your accounts receivables. Electronic Claims Processing averages error rates of less than 2%. The claim is audited by our software and by the clearinghouse for any errors. Errors are reported and can be corrected immediately. Electronic Claims Processing formats conforming to the formats mandated by Congress. All claims for Medicare, Medicaid and commercial carriers are sent to one clearinghouse. This minimizes errors and problems with formats and standards.
With over 30 years of combined billing experience, Git-R-Done Medical & Billing Services can provide all your billing needs with a complete array of services. Using our services saves time and money for your practice with no need to pay for software updates or maintaining billing software, your staff’s time can be better utilized caring for your patients. Less stress for you and your staff as billing issues are handled by our staff in a professional and efficient manner.
For more information or a needs analysis contact us today.
Healthcare professionals now a day are facing challenges to strike a balance between efficient health care and increasing operational costs. Medical billing is an important aspect of patient care. Increasing insurance regulations, complex coding, declining reimbursement, and increasing operational costs collectively make medical billing very cumbersome. But now, outsourcing medical billing services is the perfect solution to achieve the objective of efficient medical billing system. By outsourcing these services, medical providers can reduce their workload and maximize their effectiveness in patient care. It is the most affordable and convenient way for healthcare sector to get rid of complicated medical billing problems.
The medical billing service providers help their clients by handling services like recording of patient charges, insurance collections, tackling insurance appeals on unpaid/improperly paid services, claim submission, and payment posting. They customize their processes in such a way to that their individual client’s needs are met. They combine various strategies to deliver quality results to their clients. These providers keep a track of any change in insurance company’s regulations and update their clients to fetch a better package. They help in providing their clients a complete set of compensation solutions by delivering proper claims administration. These providers employ the staff which is knowledgeable, experienced, and have in-depth understanding of latest technologies and functions in the area of medical billing. Outsourcing your medical billing will not only help you cut on operational costs but also will provide you with better administration.
If you feel that you are spending more time on practice management than patient care, outsourcing medical billing services is the best choice.
The actual cost of an employee is seldom considered by many small providers. The other costs associated with hiring are often no considered in the hiring process. To help you determine if hiring or outsourcing is right for you, we have provided an example of what the actual cost of a medical biller would be with the hidden costs shown.
If your medical biller is paid $16.00, with 2 weeks paid vacation, 1 week paid sick leave and 5 paid holidays the annual cost would look like this
Annual Wages for work $30,720.00
Paid Time off $ 2,560.00
Health & Dental Insurance $ 3,840.00
Total Optional Benefits` $ 6,400.00
FICA $ 2,252.16
FUTA $ 42.00
State UI $ 756.00
Workers Compensation $ 29.95
TOTAL Required Benefits: $ 3,080.11
TOTAL Benefits: $ 9,480.11
TOTAL Annual Cost: $40,200.11
Hourly Rate (from above): $16.00
Fringe Percentage Cost: 30.86%
REAL COST THIS EMPLOYEE: $20.94
This example does not take into consideration any overhead costs that are associated with an employee. Those expenses would include a portion of the cost of floor space allotted to the employee’s work station, lights, water, cost of equipment and supplies related to their work and software related expenses. It also does not take into account any costs of training paid for by the office or if your office has a 401K with an employer paid portion.