Revenue Cycle Management Services

Intellios provides eligibility verification services for physicians and physician offices using a specialized talent pool from India. The company employs highly skilled and experienced professionals who are trained in the latest eligibility verification tools and techniques. The eligibility verification services provided by Intellios are designed to help physicians and physician offices reduce administrative burdens and increase revenue by ensuring that patient eligibility and benefits are accurately verified before services are rendered. Intellios uses state-of-the-art technology and industry best practices to deliver fast, accurate, and reliable eligibility verification services to its clients. The company has a strong commitment to customer satisfaction and works closely with its clients to ensure that their unique needs and requirements are met.

Compliance-Ready Demographic Entry: How Intellios Helps Healthcare Providers Meet Regulatory Standards for Patient Data Management. Accuracy: Intellios has a team of trained professionals who specialize in patient demographic entry, ensuring that data is accurately entered into the system. This reduces the risk of errors and ensures that patient data is correct. Efficiency: Intellios can streamline the patient demographic entry process, allowing healthcare providers to focus on patient care rather than administrative tasks. This can result in increased efficiency and productivity, as well as faster patient throughput. Cost-effectiveness: By insourcing patient demographic entry to Intellios, healthcare providers can reduce the cost of hiring and training staff for this task. Intellios offers cost-effective solutions that can help healthcare providers save money on administrative tasks. Customization: Intellios understands that each healthcare provider has unique needs and requirements. As a result, the company offers customized solutions that can be tailored to meet the specific needs of each client. How Intellios Differentiates Itself from Big Players: 1. Specialized Talent Pool: Intellios has a specialized talent pool of professionals who are trained in patient demographic entry. This ensures that the company can provide high-quality services that are tailored to the needs of each client. 2. Flexible Solutions: Intellios offers flexible solutions that can be customized to meet the unique needs of each healthcare provider. This allows clients to choose the services that they need and only pay for what they use. 3. Customer Service: Intellios is committed to providing excellent customer service. The company works closely with clients to understand their needs and ensure that they are satisfied with the services provided. 4. Cutting-Edge Technology: Intellios uses cutting-edge technology to deliver fast and accurate patient demographic entry services. The company stays up-to-date with the latest tools and techniques in the industry to ensure that clients receive the best possible service.

Leveraging Intellios's Expertise for Error-Free Billing Intellios's team of highly skilled professionals can ensure accurate and timely charge entry services, reducing the risk of errors and ensuring that all charges are billed correctly. Expertise: Intellios has a team of highly skilled professionals who specialize in charge entry services. By insourcing these services to Intellios, physicians can benefit from the expertise of our team and ensure that all charges are accurately entered into the system. This can reduce the risk of errors and ensure that the practice is maximizing its revenue. Efficiency: Insourcing charge entry services to Intellios can help physicians save time on administrative tasks, allowing them to focus on patient care. By freeing up time and resources, physicians can improve their efficiency and productivity, which can ultimately result in increased revenue and growth for the practice. Cost-effectiveness: By outsourcing charge entry services to Intellios, physicians can save on the cost of hiring and training staff for this task. Intellios offers cost-effective solutions that can help physicians save money on administrative tasks and allocate resources to other areas of the practice. By saving time on administrative tasks, physicians can achieve several benefits, including: 1. Improved Patient Care: By focusing on patient care, physicians can improve the quality of care they provide to their patients. This can result in better patient outcomes, increased patient satisfaction, and a better reputation for the practice. 2. Increased Revenue: By insourcing charge entry services to Intellios, physicians can ensure that all charges are accurately entered into the system, which can increase revenue for the practice. By freeing up time and resources, physicians can also focus on other revenue-generating activities, such as patient care and business development. 3. Enhanced Work-Life Balance: By saving time on administrative tasks, physicians can achieve a better work-life balance. This can reduce stress and burnout, improve job satisfaction, and ultimately result in a better quality of life for physicians.

According to a survey by the Medical Group Management Association (MGMA), medical practices that outsource their revenue cycle management functions, including cash posting, can see a significant increase in their profitability. The survey found that medical practices that outsourced their revenue cycle management functions had an average collection rate of 95.3%, compared to 86.4% for practices that handled these functions in-house. This translates to an 8.9% increase in collections for practices that outsourced their revenue cycle management functions. By insourcing cash posting services to a company like Intellios, physicians can benefit from the expertise of trained professionals who specialize in this area. This can ensure that all cash receipts are accurately posted, reducing the risk of errors and missed payments. By improving the accuracy and efficiency of cash posting, physicians can increase their revenue and profitability.

According to a report by the American Medical Association (AMA), approximately 20% of medical claims are denied by insurance companies. This means that one in every five claims submitted by medical practices is not paid, resulting in a significant loss of revenue for these practices. Insourcing denial management services to Intellios can help medical practices improve their payments by addressing the root causes of denied claims. Intellios has a team of experienced professionals who specialize in identifying and resolving the issues that lead to claim denials. By outsourcing denial management services to Intellios, medical practices can benefit from the expertise of these professionals and ensure that denied claims are resolved quickly and accurately. According to another report by the AMA, medical practices that outsource their denial management functions can see a significant increase in their revenue. The report found that practices that outsourced their denial management functions had an average denial rate of 5.8%, compared to 10.7% for practices that handled these functions in-house. This translates to a 4.9% increase in revenue for practices that outsourced their denial management functions. Insourcing denial management services to Intellios can also free up time and resources for medical practices, allowing them to focus on patient care and other revenue-generating activities. This can improve the overall efficiency and productivity of the practice, which can lead to increased revenue and profitability over time. In summary, insourcing denial management services to Intellios can be a highly effective strategy for improving payments for medical practices. By outsourcing this task to a specialized provider, practices can benefit from the expertise of experienced professionals, improve their revenue, and free up time and resources for other important tasks.

Intellios has a structured approach to manage your accounts receivables, We: 1. Evaluate your current accounts receivable process: The first step is to evaluate your current process and identify areas that need improvement. This can include analyzing your current DSO, identifying bottlenecks in your process, and assessing the effectiveness of your current collection strategies. 2. Define your goals and objectives: Once you have identified areas for improvement, define your goals and objectives for the new accounts receivable process. This can include reducing DSO, improving collections, and increasing cash flow. 3. Establish clear policies and procedures: Establish clear policies and procedures for the new accounts receivable process. This can include guidelines for invoicing, payment terms, follow-up procedures for unpaid invoices, and escalation procedures for overdue accounts. 4. Leverage automation tools: Implement automation tools such as electronic invoicing, automated payment reminders, and online payment portals to streamline the accounts receivable process and improve efficiency. 5. Assign roles and responsibilities: Assign roles and responsibilities to team members to ensure that everyone understands their role in the new process and is held accountable for their tasks. 6. Provide training and support: Provide training and support to team members to ensure that they understand the new process and are equipped with the skills and knowledge to perform their tasks effectively. 7. Monitor and measure performance: Monitor and measure performance regularly to assess the effectiveness of the new process and identify areas for further improvement. This can include tracking DSO, collection rates, and other key performance indicators.

Prior authorization is a process that requires healthcare providers to obtain approval from insurance companies before providing certain medical services or treatments. While the intention behind prior authorization is to ensure that patients receive appropriate and cost-effective care, the process can be time-consuming and complex for healthcare providers. According to a survey conducted by the American Medical Association (AMA), prior authorization requirements are one of the top administrative burdens faced by physicians. The survey found that 91% of physicians reported that prior authorization delays patient access to necessary care, and 28% of physicians reported that prior authorization has led to serious adverse events for their patients. Insourcing prior authorization can help healthcare providers address these challenges and improve patient care. By having a dedicated team of professionals handle prior authorization, healthcare providers can reduce the administrative burden on their staff and ensure that patients receive timely access to necessary care. In addition, insourcing prior authorization can also improve revenue for healthcare providers. According to a report by the American Hospital Association (AHA), the cost of processing a prior authorization request can range from $2 to $35 per request. By outsourcing this process to a specialized provider, healthcare providers can reduce these costs and improve their bottom line.