Savings & Benefits
Weighing the costs
The AMA reports that:
- The cost per electronic claim ($3.50) compared to paper ($14.00), it is too great to avoid.
- The percent of claims that are rejected electronically (1%) compared to paper (33%), cannot be matched.
- Electronic claims are processed faster (as little as 7 days) than paper claims (up to 200 days), why wait?
Are you satisfied with the way your insurance claims are being billed?
PracticeMaxs mission is to help medical practices focus on patient care, not managing how to get paid. Take a moment to examine the wide array of benefits that your practice can gain by partnering with PracticeMax.
- Patient Scheduling
- Insurance Verification and Referrals
- Billing Services
- AR Follow-up
- Compliance Programs
- Compliance Hotline
- Patient Concerns Hotline
- Consulting and Training
- Patient Outreach
- Payroll and Human Resources
- Credentialing/Registration
Saving through a partnership with PracticeMax
Below is an idea of what savings you can achieve when you form a partnership with PracticeMax:
- Reduce claim rejection to less than 2%!
- Reduced accounts receivables!
- Eliminate paper and phone calls to process claims and collect bills!
- Scanners and PC tablets at cost, thus eliminating hardware upgrades!
- Affordable access to Practice Management Software, thus eliminating software upgrades!
- On-line, on-demand detailed reports and interface to your bills!
- Examine unpaid claims to insure maximum insurance reimbursement!
- Personalized service with direct contact to your team leader!
- Customized service to match your needs!
Best of all, PracticeMax strives to obtain reimbursement to which you are entitled for professional services, in a legally compliant and ethical manner. We increase your cash flow and improve your practices image with patients and other providers.