Services
As a successful practice, your physicians have spent decades or more in perfecting the science and art of providing healthcare services to their patients. Your practice keeps abreast of the latest medical research to enable it to provide the best to the people who have come to trust the practice's judgment. Your primary concern is always for the patients.
Also, you are keenly aware that it is the financial well-being of your practice that enables you to provide them with the highest quality services they expect and deserve. You will be able to make the ongoing investments required to offer the finest in patient care only when your practice is profitable.
Enter CAPRN: We provide Revenue Cycle Management and Physician Billing Services to enable your practice to stay on top of the complex and cumbersome financial system of revenue collection from insurance companies and patients. We are HIPAA compliant and our services easily fit into any medical billing software.
By focusing on improving key performance metrics of your practice, such as Receivables Aging, Net Collections Ratio, and Average Days in Receivables, we strive to improve the financial health of your practice.
You can then focus on providing the best health care services to your patients.
Benefits of outsourcing
Outsourcing your Revenue Cycle Management and Physician Billing can result in direct administrative cost savings of up to 40%. In addition, the other benefits of outsourcing include:
- Ability to spend more time on your core activities, i.e. providing medical care
- Ability to speed up the claims filing and processing and increase revenues by more than 20%
- Ensuring greater accuracy in filing claims
- Minimizing in house staff requirements - the cost of outsourcing is far less when compared to in house staff costs
- Minimizing the impact of unplanned staff turnover
Why CAPRN?
CAPRN focuses on the intricate details needed for processing claims for your practice. We also recognize that as a true business partner, we need to understand your business from a larger perspective and work towards a common goal. This attitude has helped us to maintain and expand very successful relationships. The corner stone of our services is embodied in the following:
- Customer commitment
- Upfront analysis and definition of strong processes to be followed for the entire revenue cycle
- Clear allocation of tasks and responsibilities among all personnel involved: both customer and CAPRN
- Strong quality process checks to maximize clean claim percentage
- Experienced and dedicated staff to handle difficult interactions with insurance companies
- Well designed analytical reports for customer information and feedback