The medical billing process is an interaction between a health care provider and the insurance company. The entirety of this interaction is known as the billing cycle: the process of collecting and verifying patient information, reviewing patient care and imparted services, and submitting and generating revenue.
HOM’s medical billing services enable efficient data collection that prevents revenue leakage. Our latest technology and infrastructure, in the form of web-based SaaS and remote access solutions, support multiple client platforms. We have a state-of-the-art solution that ensures in-depth analysis for every step of the billing cycle, which translates into steady revenue generation.
Our Tech
Our technology enables seamless operations and improves procedural efficiency reducing processing time by up to 50% and resulting in higher satisfaction.
A robust system to collect, track and maintain data through the latest technology and infrastructure.
All verification and legitimization processes comply with NCQA, URAC, and JCAHO standards.
Highest productivity and quality standards with competitive pricing.
Secure storage of all documents on the client’s server, less chance of a breach.
More acquainted with payor requirements for the credentialing.
Process
- 01
Insurance Eligibility Verification
- 02
Patient Demographic Entry
- 03
ICD, CPT, and HCPCS Coding
- 04
Charge Posting
- 05
Claims Submission
- 06
Payment Posting
- 07
A/R follow-up and Denial Management
- 08
Reporting
Our Edge
Efficient verification of patient eligibility and benefits.
Ensuring consistency between CPT codes & diagnosis.
High first-pass rate of submitted claims.
Systematic follow-ups and on-time action, ensuring high revenue generation.
97% +
first-pass ratio
10K +
claims submitted
Up to
60% +
reduction in demographic related denials