Ambulance & Medical Billing Presentation Ambulance and Medic I Billing
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Billing Solutions Designed to
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Presentation
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Collier County, ,
Emergency Me .cal
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t Billing Solutions Designed to Meet Your
Business Needs by focusing on three
major objectives:
.4 Provide the best possible service and support to our
client
• Ensure the highest degree of cash flow by collecting the
highest amount possible from the Accounts Receivable
• Continuous flow of billing through electronic
transmission of claims
C t Your business is im p ortant to our business
because Success for Collier Count M � e • f .
Success for Ambulance and Medical Ong,.
t We become a team in the effort to p rovide the
best medical service.
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0 Ambulance and Medical Bil ling
Benefits of a Billing Service
1111 Higher Cash Flow
• Incentive to collect AIR
• Knowledgeable on Regulations
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, • Electronic Claims - 14 day Turnaround
• Enables the Client to Concentrate on
Performing Other Business Functions
■ Reduces Stress on the Client From the
Administrative Hassle
■ Details Handled Professionally
• Patients
• Insurance Companies
• Management Reports
4 ■ Continuous Flow of Billing/Collections
• Higher Volume of Claims Processed
■ Knowledge of Insurance RegulOions
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I Billing of Daily Charges 4- �
• Electronic Claims to Medicare, Medicaid, and BCBS/HMO
• Paper Claims or NEIC Clearinghouse
I Posting of Daily Receipts
• Filing Secondary Claims Automatically
- Medigap/Crossover Claims
- Paper Claims
• Invoicing Private Pay Patients
I Monitoring the Accounts Receivable
• Accounts Receivable Reconciliation
• Following Up on Unpaid Claims
• Reviews to Medicare/Other Insurance for Denied
• Statements of Amount Due Monthly to Patients
I Monthly Management Reports of Accounts
Receivable and Statistics
• Revenue Reports (Charges Generated)
• Receipts (Cash Received)
• Special Designed Reports (Specific to Client)
Ambulance and Medical Billing
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-R4 ,, 'Receivable `` , ,r F r0 AMana 9e ment
Entering
Transport
Charges
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Electronic or Medicare/Other Statements
Paper Claims to Follow-up On Insurance Monthly to
Insurance Unpaid Claims Reviews and Patients
Companies Hearings
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Posting of Reviews Hearings Patient Invoices Patient
Payments and Refile Claims to Invoice Patients Recover 80%of Recover 80% for Individual Statements of All
Secondary Claim Insurance for Balance Denials Review Denials of Dates of Service Dates of Service
Follow-up
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The Management Reports includes the following on a
J monthly basis:
• Revenue Report: a comparison of all the months of
operation revenue on the same page for easy reference
• Receipts Received: provides the figures for the receipts
received during the month by deposit date.
• Comparison of Cash Receipts: provides the cash
receipts for the entire operation
• Averages: comparison of revenue and procedure
performed or patient transports during the month
• Outstanding Revenue: accounts receivable distribution
for the month by the type of payor
• Special Designed Reports: reports created to the specific
needs of your practice with the criteria you need to know
about
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• Monthly Reports of Activity
■ Management Report
■Accounting Report for CPA
I • Training to EMS Personnel
► Data Collection
■ Report Writing for Best Cash Return
• ■ Hospital Connection
• We can send the personnel and/or link up with the local hospitals for p, i?
insurance information.
■ Confidentiality
► We are contracted with the insurance companies to retain patient.
confidentiality.
■ Insurance Protection
► $1,000,000 Errors and Omission Insurance
• $500,000 General Liability Insurance
■ Invoicing the Public -
► Monthly Statements requesting insurance or payment
►You designate the level of pressure applied for requesting payment.
► Letters requesting response from patient are custom designed
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1 Goals
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■ Goal of AMB is to Produce More Cash Flow From Existing Revenue By:
'
• Changing Collier County EMS to a Participating Provider and Utilize the
Medicare Approved Rate as a Base Rate for Services.
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• Change Collier County EMS to Accepting Assignment for Greater Control of
Receivable and Cash Flow.
• Place Collier County EMS on and Electronic Claims Billing Package to Have
a Greater Turnaround of Accounts Receivable and Cash Flow..
■ Benefits to Collier County Citizens:
• Claims are Handled for the Citizen Reducing Billing Errors and Hassles.
• The Citizen does not have to Become the Middleman because Medicare will
Pay Collier County EMS for the Services.
• Collier County EMS Handling the Claims is Less Confusing for the Citizen.
■ Benefits to Collier County EMS:
• Medicare pays Collier County EMS Reducing the Middleman Hassle with
Cash Flow
• Greater Control of Accounts Receivable
• Greater Amount of Cash Flow from Existing Revenue and Continue to Stay
within Medicare Guidelines.
■
• Good Public Relations to Collier County Citizens because Collier County
EMS provides the Best Possible Medical Care and Follow-up with Insurance
for the Citizens.
and Medical A m b u i n c e F;$:-` $� r
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Medicare of Florida Rates as �x
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For Locality 03
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• TYPE OF SERVICE Par .,0
ALS Base Rate 284.53
ALS Mileage 5.81
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Lee County
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Lehigh Acres, Florida
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Cash Received received on your
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we don't bill you.
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