Medical Billing & Collection Services

W inancial HealthCare Management delivers experienced professional medical billing and reimbursement services to independent physician’s practices. We can provide your practice access to a technically advanced medical billing system as well as knowledgeable, professional and experienced staff who can handle your practice’s third party billing needs.

Why Outsource?
An A.M.A. study on claim processing indicated that it was costing between $6.00 to $15.00 to process an average medical claim?” In addition, studies have recently shown that the “ the average cost of an internal billing department is 11% to 14% of a practice’s income if any insurance follow up is being performed.

Advantages of Outsourcing:

Avoid making a significant capital investment in computer hardware and software requiring periodic upgrading and replacement

Eliminate the need for uniquely skilled, highly paid and hard to find staff
No employee benefits or absenteeism
No delay in cash flows during absenteeism
Increased cash flow through electronic processing of claims and statements
Current coding and reimbursement techniques by Certified Professional Coders accredited through the American Academy of Professional Coders
Real-time terminal access to current patient and practice information
Daily accounting of charges, receipts and adjustments, on patient accounts
Consistent effort in insurance claim filing and timely initiation and follow-up on outstanding claims
Clear communication with patients regarding their medical costs and outstanding balances through a designated toll-free number
Detailed management reports

Financial HealthCare Management will provide your practice with the following billing services -- tell me more...

“Helping HealthCare Providers Grow Successful Practices”
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Financial HealthCare Management, LLC
1215 Johnson Avenue, Suite #2
Bridgeport, WV 26330
Ph: (304) 842-0307
Toll Free: (877) 622-0100
Fax: (304) 842-0315
Email: medinfo@fhcm.net
www.fhcm.net