INDIA OUTSOURCING COMPANY
Forbes Technosys Limited
Medical Billing, Coding & Transcription Services
DESCRIPTION
Forbes Technosys Limited (FTL) is a part of the Forbes Group which in turn is a part of the Shapoorji Pallonji Group of companies. The Shapoorji Pallonji group of companies is one of the most respected business houses in India since 1865.
Forbes Technosys Limited is currently in the business of medical transcription (MT). We are presently housed in independent premises of 15,000 sq. ft., with state-of-art infrastructure in S P InfoCity, Pune.
The unit has 200 seats, and is presently conducting MT, medical coding & billing business in collaboration with a US corporation which is the fastest growing organisation in the MT field and is rated among the top three companies in MT business.
In addition to medical transcription, the company has started providing services in the areas of medical billing and collections.
ABOUT FORBES GROUP:
Forbes Gokak Ltd. is the oldest business house in India and one of the oldest in the world, established in 1767 by Sir John Forbes of Aberdeenshire, Scotland. Forbes started as a trading and agency company and thereafter ventured into manufacturing. The Forbes ownership changed from the Forbes Family to the Campbells to the Tata Group and now some time back, the majority shareholding has been taken over by the well-known Shapoorji Pallonji Group - Leaders in the infrastructure and real estate business. The company, however, continues to be a Public Ltd. entity. Shapoorji Pallonji Group has been and still continues to be the single largest shareholder in the Tata Group.
Today the group is a professionally run conglomerate with interests in textiles, engineering, shipping, business automation, healthcare, hygiene, consumer durables, travel, BPO services & Infotainment. It is one of India's well known group of companies with a turnover of over USD300 million having a strength of over 12000 employees.
INFRASTRUCTURE:
FTL is presently located in Pune at the S P InfoCity. We are equipped with the latest PCs, connectivity, dedicated internet lease line with ISDN backup, 2 x 80 KVA dedicated UPS in hot standby mode along with a full generator back up.
• We have a highly secure network with firewalls and virus walls. In order to ensure confidentiality of client data, we have blocked all floppy drives, CD drives and USB ports. Employees are also forbidden to bring in or take out any computer media from the premises.
• Internet usage is controlled and monitored. Access is given on a need basis only.
• We also have access control system at all entry / exit points.
• We have adequate 24 x 7 security which check the belongings of all the employees at the entry and exit points.
OUR EXPERTISE IN MEDICAL BILLING & COLLECTIONS:
We comply with AHIMA and HIPAA standards and guidelines to provide quality services. Each agent keys in 300 charges with 0% error rate, we work on two-shift basis to achieve 100% capacity utilization. Downloading of patient’s records / reports from doctor’s office is through secured and dedicated links and strictly comply with HIPAA standards.
Highly accurate data entry of charges and generation of CMS-1500 (HCFA-1500) and UB-92 claim forms within the allotted turnaround time (TAT) limits.
Transmission of electronic claims to the US clearing houses through secured and dedicated links and paper format claims to the insurance carriers. Continual follow-ups with insurance carriers through state-of-the-art contact center to ensure rapid collections and maintaining a clean accounts receivable.
Highly accurate payments postings and daily, weekly and monthly reports generations as per the clients’ requirements.
The clinical information in the free text records is coded to produce a bill for services and facility used.
We offer the following to our clients...
1. Agreed TAT
All charges are accomplished within the agreed turnaround time with the client, which is generally 24 or 48 hours.
SKILLS
2. Complete range of services
Medical billing and insurance claims processing services including: downloading and verification of charges, data entry of charges, accounts receivable follow-ups with private and public carriers, payments postings.
3. Expertise
Experience in various specialties and we are efficient in:
A. Credentialing of a doctor.
B. Master setup, fee schedule, super bill entry, and payment posting.
C. Working on denials within 24 hours.
D. Recognize the PAYER_ID for each carrier, segregate electronic claims & paper claims.
E. We avoid billing claims after the filing limit, send patient bills, fix targets for the physicians for billing (coding, superbill entry, cash posting, and analysis).
4. Proficiency in use of software
Our qualified professionals are well acquainted with widely used softwares like Medisoft, Accubill & Medical Manager. Other software can also be used according to client specification.
5. Manpower
Our billing professionals have an average experience of over four years in medical billing and claims processing.
Currently we have a team of 20 professionals in our medical billing facility. We are in the process of training 20 more candidates for our planned expansion. Our medical billing facility includes the following teams:
A. Downloading and Verification of Charges Team
B. Data Entry Team
C. Accounts Receivable and Follow-ups Team
D. Payment Postings Team
6. Training
We have state-of-art training facility attached to our production unit where experienced trainers conduct the training. We train and recruit candidates as and when the manpower is required.
TERMS
Physician groups and hospitals can cut their costs by 50% and increase their revenues by 10% by outsourcing medical coding and billing work to Forbes Technosys Limited.
We promise TAT of less than 2 hours for STAT reports, we also deliver 4 hours, 6 hours, 8 hours TAT services.
LOCATION
India - Pune, Maharashtra
EMPLOYEES
100-499
YEARS IN BUSINESS
1-3 years
CONTACT INFORMATION
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