Reporting & Analytics
MedsIT Nexus acquires modernized medical billing systems to deliver Aging reports that measure the overall financial health of your specialty. Our financial partnership provides you with an ideal reporting solution, that keeps you updated with vital information such as unpaid patient balances and pending insurance claims.
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Billing complications slow down operational efficiency. Get rid of the hassle with our qualified billing experts and boost your revenue
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Practice Audit & Analysis
Leaving an existing billing company or transitioning your in-house billing to a third party is a big move. There are many benefits to starting a new one if your current process needs to be fixed. We start the transition by giving our clients a free-of-cost quick practice analysis or an Audit for Old Aged claims sitting in 60, 90 & 120+ day slots. By doing this, we can determine the cracks in the RCM process and fill them by putting our highly experienced & dedicated team members to streamline practice collections.
Key Advantages
Spot RCM process gaps
Faster, improved collections
Expert billing team support
Smooth billing transition process
Practice Reports
Reports are extremely vital as they’re accurate and critical indicators of practice growth and financial health. Most third-party billing companies don’t have accurate and reliable reporting systems, resulting in financial loss. At MedsIT Nexus, we have a new account on boarding process where we place new accounts in the NASD phase for six consecutive weeks. Not only do we streamline the billing process, but our dedicated team shares all the daily/weekly/bi-weekly, or monthly reports with clients to ensure complete transparency. Also, our staff will educate and train our clients on how to utilize and review the reports we send for a thorough understanding. This allows our clients to understand better their practice’s overall performance, which will help them make future decisions.
Key Advantages
Daily to monthly reporting
Uncover hidden financial risks
Decisions that drive growth
Smarter practice management insights
Practice Dashboard
A Dashboard is a snapshot of practice performance with in-depth data on practice metrics such as Month to Date Charges, Month to Date Collection, and Month to Date Visits OR Quarterly & Yearly Data Figures. In-depth analytics don’t have to be complicated. With an ad hoc reporting and analysis tool, you have the flexibility to search and refine your data by simply dragging and dropping performance measures and data filters. To make our practice dashboard more user-friendly, we customize the dashboard features according to our client’s needs.
Key Advantages
Easily track key metrics
Drag-and-drop reporting tools
Monthly to yearly insights
Simple, flexible performance analytics
Customized Reports
Struggling to Track Productivity?
Our customized reports provide timely feedback to maintain workflows and operational processes to maximize productivity and resource utilization. We are open to creating and sending any special report depending on our client’s needs. For example, suppose a provider has more than one location and multiple providers. In that case, we can combine data from various sites and/or multiple EHR systems to produce a single source reporting dashboard, where they can manage each location or provider’s productivity with point-and-click simplicity.
Key Advantages
Claim Denial Analysis
Reason Code Analysis
Charge Report
Payment Report
AR Follow-Up Report
Case Studies: How MedsIT Nexus Helped USA Hospitals Cut Costs, boost Reimbursements, & Enhanced RCM
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Our services are trusted by 2000+ providers
Dr. Ndidi Uka
A-plus Dentistry
"I want to thank MedsIT Nexus for their impeccable service. They are incredibly knowledgeable and work to make sure you receive the maximum reimbursement. Sam, my dedicated Practice Manager, is always available to answer my questions and keep my abreast on the status of my submitted claims. Being able to bill medical services has allowed me to offer the best care."
M. Techeira
Family Medicine
"We are an outpatient family medicine/ primary care practice. Have offices in NYC and Nassau County. MedsIT Nexus handles all our medical billing and insurance claims. We switched from another company and the process was hassle free, no fees and FAST which was important since we operate 6/7 days. They are always available to answer any questions. We definitely recommend!"
Memoona Waheed
Family Medicine & Pain Management
"After reviewing different medical billing companies, I came across MedsIT Nexus. Not only do they offer billing and coding services, but specialize in credentialing and unpaid claims. Their staff is knowledgeable, professional and are easily accessible- inquiries are answered quickly. Thank you MedsIT Nexus for helping us improve our healthcare practice at a competitive rate!"
S. Dhillon
Physical Medicine & Rehabilitation
"I am the manager at a private physical medicine & rehabilitation practice. We operate in 2 different boroughs in NYC through multiple clinics. MedsIT Nexus handles all our medical billing, coding, denials and prior authorizations for all procedures. We are pleased with their same day approvals as well. Their staff is easily accessible, fast & pleasant to work with."
Dr. Ndidi Uka
A-plus Dentistry
"I want to thank MedsIT Nexus for their impeccable service. They are incredibly knowledgeable and work to make sure you receive the maximum reimbursement. Sam, my dedicated Practice Manager, is always available to answer my questions and keep my abreast on the status of my submitted claims. Being able to bill medical services has allowed me to offer the best care."
M. Techeira
Family Medicine
"We are an outpatient family medicine/ primary care practice. Have offices in NYC and Nassau County. MedsIT Nexus handles all our medical billing and insurance claims. We switched from another company and the process was hassle free, no fees and FAST which was important since we operate 6/7 days. They are always available to answer any questions. We definitely recommend!"
Memoona Waheed
Family Medicine & Pain
" After reviewing different medical billing companies, I came across MedsIT Nexus. Not only do they offer billing and coding services, but specialize in credentialing and unpaid claims. Their staff is knowledgeable, professional and are easily accessible- inquiries are answered quickly. Thank you MedsIT Nexus for helping us improve our healthcare practice at a competitive rate!"
S. Dhillon
Rehabilitation
" I am the manager at a private physical medicine & rehabilitation practice. We operate in 2 different boroughs in NYC through multiple clinics. MedsIT Nexus handles all our medical billing, coding, denials and prior authorizations for all procedures. We are pleased with their same day approvals as well. Their staff is easily accessible, fast & pleasant to work with."
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