Apache Medical Billing Launches Fresh Solution to Accelerate Medical Collections
The leading medical billing company, ApacheMedicalBilling.com offers innovative solutions to improve the medical billing process
Santa Monica, CA – October 12, 2017 /MarketersMedia/ —
Approximately 70 percent of medical services providers have reported that it takes 30 days or longer (on average) to collect a payment from patients. With a larger portion of the medical costs being taken on by the consumer, rather than insurance companies, providers have started to find it increasingly difficult to collect outstanding balances from patients. In fact, many providers expect only to collect between 50 to 70 percent of a patient balance after medical care.
In an effort to help medical providers collect the payments they are due faster and with a more effective process, Apache Medical Billing has launched a fresh and innovative solution to this growing problem.
“Our goal is to help our clients solve their reimbursement challenges, and allow them to focus on their patients, as well as other vital components of the business,” stated company President Sean McSweeney. “We can help improve medical practices by offering comprehensive access to analytics and data, which allows clients to devise an insightful and strategic solution, with our help.”
In 2015, it was estimated that the U.S. healthcare payment market was worth $3.3 trillion and is only expected to continue growing. One factor leading to the increase in this market is the increased insurance deductibles consumers have, which have increased by over 255 percent since 2006. With these higher costs, many individuals and families are opting to pay out of pocket, thereby increasing the long-term liability for themselves and the medical practices serving them.
“Unfortunately, we have discovered that many of our clients don’t even know how much money they are losing,” continued McSweeney. “At apachemedicalbilling.com, we provide a unique effort that involves financial results, support, software, consulting and superior analysis and reporting. All this leads to exceptional results and unmatched customer service.”
Medical providers interested in learning more about the services offered by Apache Medical Billing can visit the website at www.apachemedicalbilling.com.
ABOUT APACHE MEDICAL BILLING
Apache Medical Billing is a leading medical billing company offering services to physician practices, hospitals, diagnostic testing facilities and surgical centers. The comprehensive services offered by this company include denials management, accounts receivable, coding, medical billing, contract negotiation, payer enrollment, electronic health records, access to integrated practice management software and advanced analytics and reporting. The goal of Apache Medical Billing is to provide superior customer solutions that exceed expectations and provide superior service.
Contact Info:
Name: Sean McSweeney
Email: Send Email
Organization: Apache Medical Billing
Address: 233 Wilshire Blvd, Ste 400, Santa Monica, CA 9040
Phone: (888) 422-5514
For more information, please visit http://www.apachemedicalbilling.com
Source: MarketersMedia
Release ID: 249227
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