Financial Advantages
The HST Medical Billing Services provide numerous financial advantages
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Medical Billing Services
   
FREE E-Scripts Software
 
We are so excited about our approach to increasing your practice's profitability that we're offering you the use of our CareTracker EMR solution FREE, for the life of any new medical billing service contract!
   
 
LOWER EXPENSES
 

Practices will experience a significant decrease in their expenses as a result of the following:

bullet Reduced Billing Staff Labor
 

The highest cost in any medical practice is payroll. It is reported that the average staff to FTE physician allocation is 4.5 employees per physician. HSS can help reduce this number by automating routine tasks and making valued personnel available to manage other key areas administrative areas of the practice, as well as patient care.

By streamlining front office processes to reduce redundancies, optimizing first pass claim payments, and substantially reducing follow up work effort requirements, you will see significant savings in your labor requirements.

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Lower Billing Overhead Expenses

 

HSS will help you “go green”. Reducing the mountains of billing related paperwork is not only eco-friendly, but saves you money as well. You’ll notice a significant decrease in your forms, paper, mailing, and printer consumable costs. You will also free up valuable office space by having electronically stored documents.

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Lower Cost of Ownership

 

Our ASP model is a predictable low monthly fee. This means no large upfront hardware or software costs associated with traditional PM and EMR software installations will be incurred.

For those utilizing our Full Billing Services, you may notice that our fees may be less than your current service. The many built in efficiencies of the software we employ makes this possible.

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No More clearinghouse fees

  Using HSS (both Practice Management Software or comprehensive billing services) includes e-claims transactions as part of the monthly fee.

INCREASED REVENUE
Practices will experience a significant increase in their revenues as a result of the following:
   
bullet Automated Eligibility Checks
 

Ingenix-CareTracker  offers connectivity for the practice to the latest insurance eligibility information. While printing the appointment schedule for the following day, the billing clerk can obtain a list of “ineligible patients” to review prior to the appointment, avoiding denials for ineligibility. Integration between the appointment schedule and payors eligibility portals brings tremendous cost savings. Key billing information, such as referral and copay information can be obtained and verified as well. With more and more companies trending toward high deductible plans, it is now more critical than ever for practices to be proactive in the patient payment portions of their receivables

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Fewer Rejections

 

Through proper coding and billing, you will experience improvements in managing the revenue cycle. You will maximize payments by scrubbing data and editing invalid and missing information to ensure clean claims.  Unbilled and rejected claims are identified instantly and managed more efficiently by your staff right on their dashboard.

Our one-of-a-kind scrubber uses the same denial management checks that are used by almost 90% of our nation’s third party insurers. No more waiting up to 60 days or more just to find out the claim is being rejected.

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Automated Appointment Reminders

 

No-shows are just as important as denied claims. By using our Televox-enabled appointment reminder system, you can reduce your amount of no-show appointments significantly.

bullet Faster Turnaround on Inurance Payments
  Our application automatically prompts for insurance follow-up actions. It intuitively knows payment turnaround timeframes for most insurers. When a claim remains unpaid beyond that allotted time, it is reported and managed immediately.

bullet Receive up to 4% More in Medicare Reimbursements
  Meets Medicare standards for PQRI and electronic prescription incentive payments.

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Ensure All Services Performed are Actually Being Billed

  No more charges slipping through the cracks and never being billed to insurers. You get real-time tracking of any unposted charges when utilizing our scheduling system. This will also greatly reduce the risk of employee theft of patient payments.
HST is a Medical Billing Service located in Pittsburgh, Pennsylvania.
HST offers medical billing services, fully integrated with Ingenix® CareTracker PM and Ingenix® CareTracker EMR delivering a complete Revenue Cycle Management Solution to independent physicians.