"....Over the last few years, we have worked with them to seamlessly offer our product and services from single proprietor doctor’s offices, to small groups, and ambulatory surgery center, with multiple stake holders…Each challenge that we have brought to their attention has been thoroughly researched, and have collaborated on bringing thoughtful and comprehensive solutions to our clients, and end-users….Our billing resources find its ease of use, and time saved in the handling of patient statements…I can whole-heartedly recommend working with the fine team at ITech workshop in providing seamless integration of billing / practice management into any existing product line."
Carl Thomas, Customer Support/Integration Manager, Infinite Software Solutions Inc. D/B/A MD-Reports
In this case study, we focus on a Georgia-based gastroenterology (GI) clinic with two providers that process over 500 claims per month. This clinic is only one of the many installations from this Gastroenterology EMR partner, who submitted over 150K claims last year and recovered over $27M from hundreds of payers. The particular GI clinic looked for a secure cloud-based medical billing software to migrate from legacy software and chose expEDIum Medical Billing. On average, a GI provider makes over $155K per year. Last year in expEDIum, this GI clinic submitted claims with a value of about $3.9M and recovered over $591K from several payers resulting in an average of $295K per provider.
Providers were able to access their data using secure operator logons, and the clinic administrator could access various reports at any time. This installation used Office Ally® as their clearinghouse since their payer list covered a wide range of relevant payers. Additionally, they had enrolled all applicable payers to receive ERAs automatically through the clearinghouse.
In the above data, we can see that the clinic saves over 2.5 person-months of data entry per year and generates an additional $18,000 in revenue from the secondary collection. Assuming that the biller earns $19/hour, we can conclude that the clinic saves over $8,300 per year. Currently, the clinic pays only $3240 per year for the software subscription, which saves them over $23K each year. As of now, iTech is working on the cross-over of primary HCFA to secondary UB04 and vice versa and on the cloning of claims between the two, which will save them additional labor.