A Medical Billing Audit Can Increase Profitability
For every business to run smoothly & grow, you need to keep a check and find out if the services you provide are paid accurately. Inovex gives you just that! Our Audit system is very transparent and clear it can clearly show you a picture of your practice. Not only this but we will give suggestions from where you can increase your revenue. Advantages of our Auditing Services
- Reviewing Coding documentation
- Reviewing Fee schedule
- Contract reimbursement analysis by Payers
- Identifying trends & root causes of problems
- Denials Analysis and effective implementation of resolutions
MACRA Quality Payment Program (QPP)
With MACRA, physicians have to choose the best way one of two paths to deliver quality care and participate in the program based on their practice size, specialty, location, or patient population paths. They can go down the Merit-Based Incentive Payment System (MIPS) path, which are the reporting requirements that will generate these performance scores or they can focus on Advanced Payment Models, which avoids the reporting requirements because physicians are taking a direct risk on the total cost of care. MIPS in healthcare doesn’t leave you with many alternatives except for Alternative Advanced Payment Models (APMs). Therefore, clinicians, once they are eligible, have to go through MIPS reporting.
- QUALITY
- ADVANCING CARE INFORMATION
- IMPROVEMENT ACTIVITIES
- COST
No More Denied And Underpaid Claims
We, at Inovex provide credentialing along with Medical Billing Services. We get you credentialed faster as we understand the forms required by each payer, and their policies and procedures. We provide contracting and insurance credentialing services to individual and group practices of all specialties and sizes. Utilize our expertise in provider credentialing and enrollment to keep physician credentials updated with payers and reduce denials for faster payments and more patient referrals.
- Quality payment program (MIPS & MACRA).
- Credentialing verification & contract revalidation.
- Commercial payer enrollment.
- Medicare & medicaid enrollment.
- Insurance contract negotiations.
- Payer fee schedule creation & evaluation.
- Lab enrollment services (CLIA).
- Enrollment for electronic transactions (EDI, ERA & EFT).
- CAQH enrollment.
A Medical Billing Audit Can Increase Profitability
For every business to run smoothly & grow, you need to keep a check and find out if the services you provide are paid accurately. Inovex gives you just that! Our Audit system is very transparent and clear it can clearly show you a picture of your practice. Not only this but we will give suggestions from where you can increase your revenue. Advantages of our Auditing Services
- Reviewing Coding documentation
- Reviewing Fee schedule
- Contract reimbursement analysis by Payers
- Identifying trends & root causes of problems
- Denials Analysis and effective implementation of resolutions
MACRA Quality Payment Program (QPP)
With MACRA, physicians have to choose the best way one of two paths to deliver quality care and participate in the program based on their practice size, specialty, location, or patient population paths. They can go down the Merit-Based Incentive Payment System (MIPS) path, which are the reporting requirements that will generate these performance scores or they can focus on Advanced Payment Models, which avoids the reporting requirements because physicians are taking a direct risk on the total cost of care. MIPS in healthcare doesn’t leave you with many alternatives except for Alternative Advanced Payment Models (APMs). Therefore, clinicians, once they are eligible, have to go through MIPS reporting.
- QUALITY
- ADVANCING CARE INFORMATION
- IMPROVEMENT ACTIVITIES
- COST
No More Denied And Underpaid Claims
We, at Inovex provide credentialing along with Medical Billing Services. We get you credentialed faster as we understand the forms required by each payer, and their policies and procedures. We provide contracting and insurance credentialing services to individual and group practices of all specialties and sizes. Utilize our expertise in provider credentialing and enrollment to keep physician credentials updated with payers and reduce denials for faster payments and more patient referrals.
- Quality payment program (MIPS & MACRA).
- Credentialing verification & contract revalidation.
- Commercial payer enrollment.
- Medicare & medicaid enrollment.
- Insurance contract negotiations.
- Payer fee schedule creation & evaluation.
- Lab enrollment services (CLIA).
- Enrollment for electronic transactions (EDI, ERA & EFT).
- CAQH enrollment.