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Hospital Billing

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your process with us

Do you find your finances getting out of control due to your accounts receivables and claims aging rapidly climbing? A disorganized hospital billing process will not only affect your revenue but will add to your daily stress. Outsourcing presents a great solution for your hospital billing requirements, helping you organize the entire billing and collection process at a fraction of your current operating costs.

Panacea Healthcare Services can help you make the most of outsourcing with its hospital billing services and over 10 years of experience serving the healthcare industry. We understand the billing process in your hospital and can customize our services for maximized results. Also, at Panacea we are stringent followers of HIPAA compliance regulations and constantly keep up to date on the ever changing major regulatory standards.

Once your hospital billing process is in our hands, we can take care of the entire cycle including the following:

Pre-admission procedures

Data entry of patient information during admission

Coding of data

Billing statements generation

Accounts receivables management

Interactions with insurance companies including claims follow up, approvals and denials

Hospital billing collection services

Collections reporting

Panacea works with most hospital billing software

At Panacea, our team can work on
all major medical billing software such as:

Medisoft ®

Medical Manager ®

eClinicalWorks ®

AdvancedMD ®

Kareo ®

Elligence ®

The benefits of outsourcing
your hospital billing to Panacea

Apart from relieving you from the managerial and infrastructural hassles of maintaining an in-house hospital billing division, you can look forward to:

Timely billing of accounts

Real-time generation of billing status reports

Structured processes and quality control measures to ensure error-free billing

Increased collection ratio with a faster collection of accounts receivables (AR)

Increased reimbursements

A possible significant savings on your operating costs by choosing Panacea’s hospital billing services.

To learn more about our Hospital Billing services…

Get a free billing service assessment today!