Efficient billing and collections is a critical part of the success of any medical practice, and vein practices are no different. The mishandling of modern insurance rules and procedures can cause an unnecessary drag on your practice revenue flow, and in the most serious of cases, poor management can cripple your practice. VCFE provides highly advanced billing software systems that can help you safely navigate through complicated rules and forms, giving you dramatically improved approval rates, far more efficient medical records processing, and outstanding claims denial management. We can train your staff on the intricacies of medical billing, or like many physicians, you may choose to partner with VCFE for all your medical billing needs. Since VCFE is so highly proficient at medical billing, and in particular medical billing for vein practices, your net return after expenses is typically significantly higher than performing these operations in house. And this is especially true over time, when the constantly changing rules and regulations will often overwhelm an in-house operation, causing a dramatic loss in time and revenue.
VCFE is uniquely positioned to help you with these critical functions, due to our direct relationship with our sister company, Precision Practice Management (PPM). Under the same ownership as VCFE, PPM is an industry leader in medical billing, serving hundreds of medical practices across the county, and they have specialized software and systems specifically designed for vein practices like yours.
Whether you’re looking to outsource all of your billing functions, or just some of them, Vein Centers for Excellence has the vein practice experience and the expert support team to help you stay on top of the constant changes in the market. Here are some of the ways VCFE can help with your medical billing needs:
• High Level Consulting: VCFE can provide help desk and skilled support to your in-house billing staff.
• Partial or Complete Outsource: It’s difficult to have all the necessary billing expertise you need with an in-house staff, especially when you consider the constantly changing rules and regulations. VCFE can become and extension of your existing staff to provide needed expertise, or we can perform all of your billing tasks to maximize your efficiency in pursuing reimbursements.
• Clearinghouse / Lockbox Interface: Streamlining claims submissions and payment receipts is extremely important. VCFE can help you interface seamlessly with critical clearinghouse and lockbox systems.
• Patient Balance Processing: VCFE provides comprehensive processing of patient statements and delinquency letters, refunds processing, and interfacing with collection agencies.
• Custom Financial Reports: Information is most useful when it’s provided in formats that you’re accustomed to and can understand. VCFE will provide custom financial reports that show information the way you like to see it, so you always have the knowledge you need to support your decision making.
