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.
Specialties Served
Net Collection Rate
Days in AR
Hour Claim Turnaround
Increase in Cash Flow
Specialties Served
Net Collection Rate
Days in AR
Hour Claim Turnaround
Increase in Cash Flow
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.
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.
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.
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.
Our Customized Reports include but are not limited to the following:
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