Precise Billing for Enhanced Chiropractic Revenue.
Efficient Billing, Faster PaymentsReduce Denials, Increase RevenueStreamlined Claims, Optimized CashflowExpert Management, Financial SuccessFinancial Clarity
Safeguard your chiropractic practice’s financial well-being with our specialized Medical Revenue Cycle Management. We offer precise billing, streamlined claims processing, and thorough revenue tracking, so you can concentrate on providing outstanding patient care.
Altrust Services is dedicated to providing specialized Medical Revenue Cycle Management (RCM) for Chiropractors. We understand the unique challenges Chiropractors face in billing and coding, from managing diverse treatment plans to ensuring compliance with ever-changing insurance regulations. Our team of experts ensures that your billing processes are accurate, efficient, and optimized for maximum revenue. By partnering with Altrust Services, you can focus on delivering excellent care to your patients, knowing that your financial operations are in expert hands.
With Altrust Services managing your Chiropractor billing, your practice can achieve greater financial efficiency and stability. Our comprehensive RCM services streamline the billing process, reduce claim denials, and ensure timely reimbursements, freeing your staff from administrative burdens. We provide detailed financial reporting and analysis, giving you valuable insights into your practice’s revenue cycle. By improving cash flow and reducing billing errors, Altrust Services helps your Chiropractor practice thrive, allowing you to concentrate on patient care and practice growth.
WhAT SERVICES OFFERED IN AltruST
Optimize billing, reduce denials, and maximize practice revenue.
Patient Registration and Eligibility Verification
Accurate capture of patient demographics and insurance information during registration. Verification of patient insurance eligibility and benefits to ensure coverage and reduce claim denials.
Charge Entry
Accurate entry of charges for medical services provided, ensuring that all billable services are captured. Review and validation of charges to prevent errors and ensure proper billing.
Claims Submission
Preparation and submission of claims to insurance companies and payers. Use of electronic claims submission (EDI) to expedite the payment process and reduce the risk of errors.
Payment Posting
Posting of payments received from insurance companies, patients, and other payers to the appropriate accounts. Reconciliation of payments to ensure accuracy and identify any discrepancies.
Denial Management
Identification and analysis of claim denials to determine the root causes. Implementation of strategies to appeal and resolve denied claims, reducing the impact on cash flow.
Accounts Receivable (AR) Management
Monitoring and follow-up on outstanding accounts receivable to ensure timely collection of payments. Implementation of strategies to reduce AR days and improve cash flow.
Patient Billing and Collections
Generation and distribution of patient statements for any remaining balances after insurance payments. Follow-up on unpaid patient balances and management of payment plans to ensure collection.
Reporting and Analytics
Generation of detailed financial reports and analytics to provide insights into the practice’s financial performance. Analysis of key performance indicators (KPIs) such as AR days, denial rates, and collection rates to identify areas for improvement.
Compliance and Regulatory Support
Ensuring that all RCM processes adhere to healthcare regulations, including HIPAA, and other relevant laws. Implementation of best practices to maintain compliance and reduce the risk of audits and penalties.
Revenue Optimization Consulting
Providing strategic advice on optimizing revenue cycles, including improving billing processes, reducing denials, and enhancing overall financial performance. Identification of opportunities for revenue growth and cost reduction.
Getting Started
Schedule a Free Consultation
Contact us to discuss your Chiropractor practice’s needs and goals.
Initial Assessment and Proposal
We’ll conduct a thorough assessment and provide a customized proposal.
Onboarding and Strategy Development
Begin the onboarding process and develop a detailed marketing strategy.
Implementation and Optimization
Implement strategies, monitor performance, and make adjustments as needed.
Continuous Monitoring and Support
Receive regular updates and support to ensure ongoing success.
Ready to elevate your Chiropractor practice with expert Medical Revenue Cycle Management? Contact Altrust Services today to schedule your free consultation and start achieving your goals.