Medical Billing Services
Services to assist with the ever-increasing financial, clinical, and administrative burdens facing today’s physician practices.
Customized solutions
The health of your revenue cycle depends on an organized, efficient and integrated medical billing workflow.
HST works hand-in-hand with you to become an extension of your team. Our proven services integrate seamlessly with any PM/EMR software system and workflow to deliver improved collections, reduced denials, increased cash flow and a healthier bottom line.
Customized solutions
The health of your revenue cycle depends on an organized, efficient and integrated medical billing workflow.
HST works hand-in-hand with you to become an extension of your team. Our proven services integrate seamlessly with any PM/EMR software system and workflow to deliver improved collections, reduced denials, increased cash flow and a healthier bottom line.Features + Benefits
Reduced Labor Costs
Either reduce your labor costs or re-direct billing resources to focus on other areas of the practice.
Lower Overhead Expenses
We'll help reduce your overhead by taking on many of the administrative functions of your back-office.
Faster Turnaround Time
Our team reviews claims on a daily basis making sure claims are submitted within two business days of receipt.
Consistent Monthly Collections
We'll eliminate the peaks and valleys in your payments through a more streamlined billing workflow.
Regular A/R Follow-up
Our Accounts Receivable Specialists are focused on following up on the most difficult unpaid claims, fighting for every dollar owed to your practice.
Financial Reporting & Analysis
We provide monthly reports and analysis on the health of your revenue cycle.
Unpaid Claims Follow-up
Following up on the most difficult unpaid claims, fighting for every dollar owed to your practice.
Improved Revenue
Timely management of clearinghouse and payer denials will lead to improved revenues.
Collection Process
We work closely with you to develop and manage an effective patient statement and collection process.
| Feature or Benefit | HST Revenue Cycle Management | Typical Medical Billing Service | In-House Medical Billing Service |
|---|---|---|---|
Reduced Paper Process and Costs |  |  | |
Encounter Captured at Time of Service | | | |
Includes Integrated Scheduler | | |  |
Includes Integrated CCHIT certified EMR | | | |
Provides FREE E-Prescribing Software | | | |
Real Time Patient Balances | | | |
Fully Transparent | | | |
24/7 Secure Web Access | | | |
Designed to Promote Accountability | | | |
Designed to Manage by Exception | | | |
Reduced IT Expenses | | | |
Reduce No-show Appointments | | | |
Overall costs as a % of Collections | 4-6% | 5-10% | 8-12% |
Average Outstanding Days in A/R | 29 Days | 45 Days | 46 Days |
Average A/R Older than 90 Days | 8% | 17% | 19% |
Write-offs Due to Uninsured Patients | 0-2% | 3-5% | 3-5% |
% of Claims Denied at First Submission | 8% | 25% | 25% |
% of Claims “Lost” / Never Submitted | 0-1% | 3-6% | 2-5% |
How it works
You do this.
We take care of the rest.
We take care of the rest.
Need help with your Revenue Cycle?
Let’s talk about how HST can help!
