Healthcare Providers
Today’s healthcare providers face a number of challenges; for instance, some are obligated to take patients who cannot pay or can only pay through government-sponsored plans, the rates of which are set at levels below cost. Dealing with insurance carriers can be equally, if not more daunting, in that each has its own set of processes to contend with, some of them arduous by design. And healthcare reform promises to squeeze payments even further.
A critical aspect of not only meeting these challenges but potentially turning them into opportunities is to optimize healthcare revenue cycle management. By managing the claim process effectively, while reducing the cost to perform these vital functions, SPi Global can help you not just ensure your organization’s financial health, but enable you to do your critical work more effectively and efficiently.
Medical Billing
Providing quality patient care while managing staff makes for a hectic schedule; partnering with SPi Global for outsourced medical billing can take some of that load off your shoulders, letting us manage forthcoming alterations to the system and ensure more accurate billing of services. Our trained medical billing team can take care of administrative duties, delivering consistent performance to increase your practice’s percentage of billings, and freeing you to focus on taking care of your patients.
Finance and Accounting
Back-office processes like finance and accounting require significant investment in human resources, as well as a detailed understanding of the many regulations that influence the overall performance of the enterprise. With over 30 years’ experience handling such matters in the healthcare field – yet an acute awareness that each practice’s finance and accounting outsourcing needs are unique, SPi Global has both the expertise and the adaptability to make sure our solutions achieve your business objectives.
Medical Coding
SPi Global can provide you with medical coding and charge capture services, to assist in keeping patient data organized, complete, and accurate. Our consistent coding accuracy rate of 95% prevents possible financial losses, from claims denied due to incorrect coding. Our services include ICD-9-CM Coding and CPT & HCPCS Level II Coding, and we are gearing up this early, as well, with training sessions and assessments for the impending adoption of ICD-10-CM, slated for October 1, 2015.