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 When it comes to maximizing reimbursements for Minimally Invasive Surgery, we at Mentor possess hands-on experience and knowledge unlike anyone else in the industry. We offer a variety of services and plans to accommodate most budgets serving everyone from a sole practitioner to a large group practice. We can also customize a billing services agreement and accounts receivable strategy to help you maximize your bottom line.
Maximize Reimbursements by:
Assessing current fee structures, Accounts Receivable and payment history and determine areas for improvement
Recovering lost revenue due to prior billing errors
Pursuing inaccurate third party account reconciliations and denials
Negotiating with third party payers to identify the most beneficial contract
Challenging inequitable reimbursements and reversing previous denials
Allowing the physician to concentrate on patient care, not on billing issues
Comprehensive Compliance Program
The HHS-OIG Compliance Program Guidelines for individual and small group Physician practices requires that an effective compliance program "strengthen the effort of health care providers to prevent and reduce improper conduct". Mentor has established a compliance program in an effort to ensure the appropriateness of all claims filed on behalf of our clients. Mentor is committed to complying with all applicable laws and regulations.
Turnkey Operations\Seamless Transition
Proven track record of providing smooth transitions from current billing systems to Mentor's state of the art streamlined process.
Expert Accounts Receivable Management
Claims are filed within 1-2 business days
Electronic claims submission and remittance capabilities
Days Sales Outstanding (DSO) is far below industry standard due to Mentor's innovative collections process
Information System
Emdeon (formerly WebMD) hardware and software support
Most widely used physician practice management software in the nation with over 125,000 users nationwide
System Capabilities
Standard and customized financial reporting
Stores insurer fee schedules, contractual arrangements, capitated contract provisions
Electronic claims submission and remittance
Automatically calculates adjustments, patient co-payments, and can immediately identify inequitable payment levels
Contains a flexible collections module
HIPAA Compliance is ensured for all aspects of billing and A/R management services
Consulting Services
Mentor offers a variety of expert consulting services in the following areas:
Strategic planning
Budgeting
Practice cost/benefit analysis
Employee benefit program evaluation, planning and implementation
Financial reporting
Payroll services
Vendor evaluation and contracting
Complete human resource capabilities
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