At Business Options, we bill for durable medical equipment providers, pharmacies, ambulance companies,

 primary care practices, pathologists, radiologists and physical therapists.

All personnel handling claims information 

are instructed regarding the confidentiality of medical information.  

 Continuing education and seminars are provided to our staff to keep abreast of the ever-changing rules.  

 We update coding books and reference material in our office annually, more often if reimbursement rules change.  

 Several staff members are in the process of completing the course work to become Certified Professional 

 Coders.  

Fees are based on a percentage of collections to assure you that Business Options is committed to processing  

 your accounts in a manner that maximizes your reimbursement.  We provide you with a basic collection policy 

 that you can customize for our staff to follow.  You determine how aggressively you want your accounts 

 followed and set guidelines for indigent care.

ALL INCLUSIVE FEE

 The following items are included in the fee for service

•        Postage and all supplies necessary for billing.

•        Computers for billing personnel and software to perform billing functions.

•         Access to your information on computers you may choose to purchase for your office.

•         Fees for electronic billing capability.

•         Costs of toll free phone lines for your patient’s convenience.

•         Periodic front desk collection training of your personnel.

•         Salaries, benefits and bonuses of all Business Options billing personnel.

•         There is no set up charge for new clients, however, we will require a two year initial contract in order to    recover start up costs.  We can customize our list of services to meet your needs.

 SPECIAL SERVICES

•        Annual review of coding practices to ensure accuracy.

•         Compliance training for physicians and audits of patient records.

•         Notification to medical staff of education available to increase reimbursement documentation skills.

•         Customization of services to meet the needs of the client

 DAILY

•         Business Options receives the information you ship to us, ie, charges, patient demographic information and mail on a daily basis.

•         A patient account will be set up in the computer and all demographic information will be entered. 

•         Charges and payments will be posted to the patient accounts utilizing Lytec 2000 Medical software.

•         Insurance claims will be prepared and sent to the appropriate company for payment.

•         In all cases possible, claims will be filed electronically.

•         Deposits will be prepared and deposited daily to your bank account.

•         Secondary insurance is filed after the primary insurance pays.

 MONTHLY

•         Statements will be sent to patients with a self-pay responsibility.

•         Follow-up will be done on all insurance balances exceeding 60 days without payment.

•         Management reports will be provided which include the following:

•         Practice Analysis of Charges and Payments

•         Accounts Receivable Aging

•         Special reporting is available based on the needs of the client.

COMPLIANCE ACTIVITIES

We employ a full time compliance officer who audits charts for accurate coding and provides education

  regarding the latest trends in medical reimbursement.

Our compliance department is available, at an hourly rate, to work with your staff regarding patient scheduling,   

 writing job descriptions and compliance plans.

MB Proposal for Services             DME Proposal for Services

MB Billing Services Agreement     DME Billing Services Agreement