Case Study 1: Immediate revenue for a new practice
A new doctor, fresh out of residency, opened his own office. He was very excited to practice medicine, but he was without the capital to purchase the necessary medical billing software. We implemented our PracticeOne™ system at no cost to the practice, ensuring accuracy of billing and coding from the very beginning of the business. Millin also assisted the doctor in becoming credentialed to the insurance companies so that he could begin his practice without having to be concerned with billing and credentialing issues. The result: A seamless transition from residency to having a new practice up and running within a six-week period with an immediate revenue stream for.
Case Study 2: An increase in the recovery rate on current billing
A six-physician, multiple-specialty practice employing four billers had an 86% recovery rate on current billing. Since the implementation of the PracticeOne™ system, the rate has increased to 94%. The increase in revenue is due to the system’s ability to scrub all claims before submission, ensuring that correct diagnosis codes and CPT codes are used. PracticeOne™ also allows the billers to ensure that claims requiring a referring provider are completed prior to claims submission.
Case Study 3: A seamless process
Three physicians in a single-specialty practice employed two billers. One biller scheduled patients and checked eligibility; the other processed claims, followed up on denials and posted payments. With the help of Millin’s medical billing services, the physicians were able to reduce the billing staff to one and streamline their process. The remaining biller schedules patients, checks eligibility and deductibles in batches, and enters claims into the system. Millin then scrubs the claims, processes them, checks the validations, sends all claims through the clearinghouse, posts all payments electronically and corrects all denials – resulting in a seamless process for the practice.
