The typical oncologists bills more than 80,000 line items per year. Manage this charge volume to maximize reimbursement and ensure the financial health of your practice.
Seamless integration with clinical systems improves oncology charging efficiency by allowing billing staff to import charges directly from the drug cabinet, lab information system, and oncology EMR. Our reconciling and charge editing tools help ensure that this high volume of charges are expertly groomed and checked for accuracy and payer compliance prior to claim filing.
Our clients observe a 35% increase in reimbursement potential when our oncology-specific charge editing tool is activated.
We are pleased to offer a stable, well-funded, and expertly supported claims engine through our partners at GE Healthcare. Centricity Practice Solution is the billing platform of choice for oncology and other medical specialties because it efficiently and accurately handles the high transaction volume and repeat patient visits that are common in oncology billing.
Centricity™ allows for easy and transparent claim filing, electronic remittance posting, and claims data transparency. Its robust reporting features are an asset to our clients seeking increased visibility to claims data, especially when paired with our own data warehouse and our in-house data scientists, who are experts in advanced data mining and custom report writing.
Our clients have the option of billing claims in CMS-1500 or UB-04 formats, depending on the requirements of their service lines. Centricity Practice Solution is also equipped to bill both claim forms simultaneously for our practices who maintain and support professional and technical billing in one centralized billing office.
Payments & Denials
Because every dollar matters, community practices strive for proactive denial management and a reduction in days in AR for outstanding claims. A 50% reduction in days in AR is a reasonable expectation for our clients who activate our denial management tool.
Our clients experience an increase in electronic remittance advice receipt and a decrease in time to post large remits from insurance carriers. Denials and underpayments are found by automated rules engines, and billing staff are alerted in real time where follow-up is needed.
Robust denial and underpayment reporting is available for workload balancing and contract and reimbursement management. We help ensure that our clients are able to proactively recognize payment deficits, and efficiently pursue follow-up with carriers when needed.