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When you choose ALW to manage your medical billing process, you will immediately gain the advantage of a more accurately predicted monthly cash-flow. ALW has invested in state of the art billing technology that can and will provide you and your practice the tools to more effectively plan for your future. ALW will accomplish this by offering you customized billing analysis and private pay collections.
ALW is also dedicated to providing the most expedient claims submission and reimbursement process possible. Ninety-Five percent (95%) of claims billed are processed and paid within 14-21 days.
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Tiered Pricing and Collection Cost
ALW recognize that each practice is unique. We are focused on delivering a customized pricing package that would fit your budget and account receivable needs. ALW will provide a comprehensive medical billing service that includes electronic/paper billing, rejected claim investigation and re-submission, and private pay collections. For additional information please call an ALW representative about your customized pricing plan.
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Accounts Receivable Management
How would you like ALW to manage your bad debt without any additional cost to you? ALW leadership team has over 20 years of accounts receivable experience managing and auditing collection agencies for a variety of Industries. Our staff will perfect your accounts receivable performance to your portfolio and improve overall customer service for you patients.
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Inadvertent billing mistakes may lead to an audit from Medicare, additional fines or even worse an investigation from the Office of Inspector General (OIG). This is the federal office responsible for enforcing health care fraud and abuse laws. ALW will help you to reduce costly audits. ALW will insure regulatory compliance as it pertains to HIPAA.
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ALW provides you and your staff with Information Technology by making recommendations to either support your current software & hardware needs or help you plan for a start-up practice. We can also provide suggestions on how to transfer patient data for the billing process. To execute this process ALW utilizes an electronic tool known as Secured File Transfer Protocol. The SFTP format is HIPPA compliant and capable of transferring any type and size of data files. Lastly, we have over 50 years of consulting support experience in the medical billing/accounts receivable process.
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ALW will conduct an onsite/offsite billing performance audit to help you and your organization streamline and enhance its ability to maintain efficient receipts for claims billed monthly. To capture all denials/rejections while organizing internal operational measures that will support timely and accurate reprocessing. Significant focus is placed on reducing both rejects/denials and the turn around time for all patient claims. ALW have strong understanding in process improvement. Our goal is to create an environment that provides expeditious payments, quick return on rejections/denials and a shorter number of days aged for your accounts receivables.
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The insurance industry often employs sophisticated technology to automatically reject claims that fail to comply with any of the thousands of rules for which they screen. You can now utilize a billing solution that understands the maze of rules and regulations.
Practices and most billing companies that cannot afford comparable technology to prepare their claims find themselves flooded with denials that drive their costs up and their revenues down. In addition, most practice management systems currently in use lack many labor saving features, forcing billers to re-key or otherwise manage claims in a labor-intensive manner.
ALW have the technology to facilitate payments by health insurance companies and government payors which are creating increasingly complex requirements for the submission of claims. Medicare has thousands of rules about how claims for specific procedures must be submitted. ALW's technology is a cost-effective solution to medical billing.
Increase your current collection percentages. ALW will accomplish this by: |