Frequently Asked Questions

Our prospective clients have similiar concerns when it comes to their practice. We would be glad to meet with you and discuss your needs in detail.

 

Current News:

October 24, 2011

demoANSI 5010...ARE YOU READY?  WE ARE!

What is ANSI 5010? ANSI 5010 is the new version of HIPAA transaction standards that regulates the electronic transmission of healthcare transactions. The 5010 standards will replace the existing 4010/4010A1 version of HIPAA transactions and address many of the shortcomings in the current version, including the fact that 4010 does not support forthcoming ICD-10 coding.  

When must the transition to ANSI 5010 be completed?
 By January 1, 2012, practices will need to complete electronic transactions in an ANSI 5010-compliant format. These electronic transactions include claims, eligibility inquiries and remittance advices. Failure to comply may result in denied claims, slower payments and increased customer service issues.

Here at Physicians Office Resource we have the latest billing software in place and are already compliant with these federally mandated changes.   Call us today if you are concerned about your ability to comply with these new billing requirements.

IF YOU HAVE PURCHASED NEW EMR/BILLING SOFTWARE, CALL US!
Having untrained staff attempting to learn the new system AND effectively keep your billing/cash flow cycles current can be financial disaster for any practice.  We can handle your billing needs remotely...right out of your software!  We are already successfully serving several clients in just this capacity!    

 

Frequently Asked Questions

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  1. How much do your services cost?
  2. Are there any set-up fees?
  3. How do we get our billing to you?
  4. How long does it take to get going?

How much do your services cost?

  • Our fees are based on a percentage of your practice revenue.  Depending on the type of practice that you have, and the level of services that you request, our fees can range from 5% to 8% of your collected revenue.
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Are there any set-up fees?

  • There are no set-up fees for our full-package billing providers.  For those who are interested in a small menu of services, nominal set-up fees are charged.
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How do we get our billing to you?

  • There are a variety of ways that our providers convey their billing to us, and we are flexible enough to accommodate you!  Call for details on how we can tailor this process to meet your needs.
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How long does it take to get going?

  • If you are an established practice with all of your credentialing in place, we can begin entering claims for you immediately.  If you are establishing a new practice and require full credentialing, we begin the credentialing process immediately.  If you are interested in hearing credentialing time frames for the major insurance companies, please call us for details.

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