Integrated Health Systems’ Day One Billing Service helps a hospital to lower costs associated with processing self-pay and insurance claims and at the same time increase cash flow. We have successfully increased cash flow for our Day One Billing clients an average of 25% to 35%.
Highlights of Integrated Health Systems’ Day One Billing Service:
- Electronic acceptance of your accounts from whichever healthcare data processing system your facility is currently utilizing.
- Dedicate a team of experienced healthcare financial specialists to work exclusively on your accounts.
- Verify the exact insurance plan at time of service through our proprietary IHS Bulk Insurance Eligibility Verification System
- Electronically submit in the appropriate 837-bill format for those carriers that can accept claims electronically.
- Submit claims manually on UB-04 or carrier specific forms for those carriers that do not possess electronic claims capabilities.
- Follow-Up with the carrier for payments on a 14 to 21 day schedule.
- Send a series of three letters in the hospital’s name for Self-Pay patients.
- Professionally and courteously answer all patient inquiries to resolve accounts.