Foxibe Innovation : Healthcare Medical Billing and Coding Services

1. Foxibe Innovation | Healthcare Medical Billing and Coding Services | Healthcare Outsourcing Companywww.foxibe.com

2. ABOUT OUR MEDICAL BILLING SERVICES • We specialize in providing customer focused Healthcare Revenue Cycle Management Services and Data Entry Services. Healthcare's current economic situation is such that even established service providers are finding it difficult to maximize their potential and make sustainable growth. Along with this, healthcare providers need to look for outside solutions to issues like the rising cost of operations, lowered reimbursement rates, shortage of skilled labor, high staff turnover, the expense of training, and increased regulationsMedical Billing Service refers to the process by which a health insurance claim is prepared and submitted to a third party payer for reimbursement. The health insurance claim is generated in a prescribed format.

3. Functions of a billing company: A medical billing center, or medical billing outsourcing agency, gathers patient information and billing details from a physician and submits these details to insurance carriers for payment. A billing center may also submit statements to patients for payments of their portion.Enrollment:Takes care of enrolling new physician in a contract. Coding Department: Here, charge sheets and super-bills are coded for Procedure Codes (the treatment that took place) and Diagnosis Codes (the reason for the patient's visit to the doctor).Demographics Entry:All-patient's personal information like his Name, DOB, address, phone #, guarantor name, employer details, and Insurance details will be registered.Charge Entry:Generating a claim for payment by billing procedure codes.Transmission of Claims:Transmission of claims to Insurance Companies.Cash Posting:Update payment records and zero out the balance.Accounts Receivable:Follow up on pending claims and generating ageing reports.

4. Medical Billing services @ Foxibe Innovations: • Foxibe Innovations specializes in providing customer focused Healthcare Revenue Cycle Management Services. Healthcare's current economic situation is such that even established service providers are finding it difficult to maximize their potential and to make sustainable growth. • Along with this, healthcare providers are looking for outside solutions to issues such as the rising cost of surgeries, lowered reimbursement rates, shortage of skilled labor, high staff turnover, the expense of training, and increasedregulations. • Learn More

5. Associating with Foxibe Innovations for outsourced services will provide the opportunity to: • Reduce payroll & operational costs. • Boost revenues & maximize shareholder value. • Improved patient and physician satisfaction. • Reduce staffing issues and training time. • Maximize efficiencies and economies of scale • Improve workflows; centralize services & specialization of tasks.

6. As a single outlet for all primary healthcare business services - transcription, coding, billing, AR follow up and Denial management - Foxibe Innovations offers reliable and cost effective solutions to today's busy healthcare industry.We are HIPAA compliant and have a large pool of highly trained and process oriented personnel to ensure strong and timely deliverables.We are dedicated to improving the way providers/practices operate on a daily basis. We leverage leading internet technologies to provide more efficient, quality driven and cost effective healthcare services.We can help reduce existing payroll costs, boost provider’s revenue cycle, and assure accuracy and compliance, enhancing both patient & physician satisfaction by:

7. Foxibe Innovation PVT LTD • Office No-2C, 2nd Floor, Kaashyap Enclave, 207 Velachery Main Rd, Velachery, Chennai, Tamil Nadu 600042 • EMAIL US • mailus@foxibe.com • PHONE • +91 44-4860-9090 • Website: www.foxibe.com