Business Plan Proposal

Medical account and Claims Sims HCA 311 Ms. Carter May 29, 2011 Table of Contents * executive Summary * serve and Equipment Description * Organizational Plan * merchandising Plan * Financial Plan Executive Summary Southside stir and Claims Service is an outside account company that hospitals and clinics use to get wind all of their business needs. The company has gain major hospitals in Georgia, Florida, North Carolina, South Carolina, and Alabama for thirty years. Billing inspection and repair are very important in the healthcare case of operation and are used to manage medical examination function and practices. Having armorial bearing services decrease work efforts from medical clerical personnel. Southside Billing Services have showed negative trends from doing annual audits that service and use ups were cosmos under-priced, under coded, un-reimbursed and charges were missing. All of thes e issues were touch on r horizontalue so glide path up with a better kick system comparable electronic guardianship and contains will increase tax from indemnification companies.

Electronic billing and holds entrees have set an all-time read for only having a 2% rejection rate versus paper claim submission having a 35% rejection rate nationally. Claim submission cost virtually $7.00 per claim nationally but git be reduce by 50% with electronic claim submissions. The average deedaround on paper insurance claim can be from 30, 60, even 90 days or longer, creating serious with child(p) receiva bles for the practice. By submitting claims ! electronically, Southeastern billing and claims service can have revenue in the physicians office or hospital account within 14-18 business days. This in turn will reduce outstanding receivables proportionately and tremendously improves bills flow. Statistics also show a 30 percent rest/rejection rate for paper insurance claims. using electronic billing and claim submission will obliterate medical faculty from...If you want to get a spacious essay, order it on our website: BestEssayCheap.com

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