IBS provides practice management/consulting services through a variety of critical analysis designed to pinpoint obstacles that affect reimbursement. Our ultimate goal is to deliver resolutions to optimize profitability, while maintaining full compliance with all laws, rules and regulations.
Practice Set-Up
As part of your practice setup we will review your front office procedures, documentation and work flows. This will help ensure we get all the information we need for billing on a timely basis. We also design custom forms as needed, assist with super bills design, etc. (You have the option of having multiple super bills, each, for a different type of billing. Furthermore, they may be paper super bills or electronic ones) We can also provide on-site training for your staff on various office procedures.
** Practice set-up needs vary from practice to practice
Conversion of existing Billing Data
If you are currently using billing software that is different from IBS’s practice management system, we will arrange to have your data converted to our software. There is a one-time charge for this service.
Training and Development
Infinity Billing Service partners with Resources, Education and Careers in Healthcare (Reach Centers) un Inland Empire providing a 16 week Medical Billing and Coding training and job placement to placement individuals interested un the healthcare business management.
IBS offers various workshops and trainings to enhance operations and efficiency in the medical practice, to name a few training opportunities:
· Top changes and updates in the healthcare industry as it pertains to reimbursement
· Front office techniques to become more efficient and increase revenue
· Compliance
· HIPAA
Contracts
Are you aware the Medicare Fee Schedule affects how most of your medical insurances companies pay you, even if you do not participate with Medicare? IBS can help you review and analyze your manage care agreements and devise a plan to start getting your contracts in line so you are being reimbursed fairly. Renegotiating your contracts will ensure that you continue to receive adequate reimbursement for the most popular, or expensive medical services you bill to medical insurance companies.
Our analysis includes an evaluation of proposed reimbursement and a review of contract language from an operational and legal perspective. We also monitor the ongoing operation of all contracts by analyzing charges and collections generated by the agreement and the impact of the agreement on the practice.
