BUYERS
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UNITED STATES OUTSOURCING COMPANY
Venturistic
Medical Billing & Coding, AR Services / Transcription
DESCRIPTION
Venturistic is a physician billing, coding, and accounts receivable management company that focuses on establishing strategic partnerships with physicians and other healthcare providers to assist them in enhancing the managerial and financial efficiency of their practices. The rapidly and continually changing health care environment requires a more integrated informational system to enhance traditional billing and collection services.
We at Venturistic also provide the highest quality medical transcription available to the profession. We can handle all your transcription needs because we understand your world. We implement the finest staff with full knowledge of the basics. We want your reports to be the best. That is why we want you to choose Venturistic.
SKILLS
MTP Biller Package Gain a team of billers to help you manage Revenues ::
Dedicated team of billers and coders working as extended office to you
Review of coding to ensure minimal denials
Data entry of charges, posting of payments from paper EOBs
Payment posting
Submission of secondary claim submission
Eligibility verification
Electronic claims submission gets you paid faster
Month end reconciliation and reports
Billed on a flat monthly fee rather than a percentage of collections
Submitting paper claims
MTP Virtual AR Collector Gain an office staff working offsite to follow-up on claims ::
Dedicated team of account receivables and denial handling team working as extended office to you
Follow-ups on submitted claims
Payment posting
Denial handling and resubmissions
Billed on a flat monthly fee rather than a percentage of collections
Month end reconciliation and reports
MTP Coder Gain Coding staff to work offsite on your charts ::
Dedicated team of coders working as extended office to you
ICD, CPT and HCPS coding
Billed on a flat per report or monthly fee
AAPC certified coders, proficient in CPT, ICD-9, and HCPCS coding across various specialty and payer-specific coding requirements
TERMS
Why outsource?
Revenue Enhancement
Improve billing metrics.
Delays in billing due to coding issues, can tie up the revenues. Strong billing methodology and fast response can help increase in key metrics like collection ratio, Ageing status by as much as 10-15%.
The outsourcing advantage brings faster turnarounds to claims.
Billing Expertise
Gain talent pool.
Billing / coding as a process requires experts. There is a shortage of trained and experienced coders, especially for surgery center and multi-specialty clinics.
Outsourcing allows access to growing pool of billers and certified coders (AAPC certified).
Better Economics
Lower and flexible cost.
High labor costs and high-turnover can be a drain on resources.
Achieving 15-20% cost reduction allowing higher cost savings which can be better reinvested in technology.
Reporting
Use the technology platform for reports.
Value add reporting into billing economics help improve processes to bring better revenues.
We closely track metrics like collections rations, ageing status, denial rate. Other reports include practice revenue reports.
LOCATION
United States - New York,
EMPLOYEES
100-499
YEARS IN BUSINESS
7-10 years
CONTACT INFORMATION
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