Complete RCM Services
Our Complete Revenue Cycle Management Services portfolio drives down your costs, reduces re-work, improves productivity and revenue cycle outcomes dramatically.
Let us prove why Soho Tech Services is far more thorough and much more efficient at slashing your medical billing costs.
Eligibility and Benefits Verification:
Don’t waste time and lose out on approvals. Streamline your medical billing process by minimizing delays and denials, ensuring claims are accepted on the first attempt. Say goodbye to bottlenecks that slow down your company’s progress. Our eligibility and benefits verification procedures are highly efficient and have a proven track record of successful approvals. Don’t let your patients, clients, or yourself suffer from incorrect or delayed claims. Choose Soho Tech Services for maximum reimbursement.
Patient Registration Services
Improve speed to care delivery. Get accurate and timely registrations done:
The performance of the patient access team is crucial to the success of the medical office. It is essential that they diligently, proficiently capture patient data and conditions in order to schedule visits efficiently and optimize billing and collections processes.
Medical Billing and Audit
Reduce regulatory risk while maximizing revenues:
In today’s ever-changing medical landscape, it is crucial for healthcare communities to navigate a complex and ever-evolving regulatory environment. Along with this, they must also navigate rigorous federal and state audit initiatives. However, instead of braving this treacherous terrain alone, our team of skilled medical coders will ensure the accuracy and precision of your medical coding. This not only leads to quicker insurance reimbursements but also minimizes the likelihood of claim denials. Join forces with us and let us steer you towards success in the medical coding realm.
Charge Entry
Maximum efficiency with minimum downtime:
At Soho Tech Services, we pride ourselves on providing an exceptional Charge Entry service that saves you time and money. Our team expertly matches your documented services with registration data, producing billable fees with utmost accuracy. Say goodbye to endless hours and costly expenses – we’ve got you covered.
Electronic and Paper Claims Submission
Eliminate errors while exponentially increasing efficiencies:
As per the AMA, implementing electronic claims processing has the potential to significantly decrease the cost of submitting claims from 14% of total revenue to a mere 1%! Here at Soho Tech Services, we excel at utilizing electronic submissions to not only ensure prompt payments but also enhance patient satisfaction. And the best part? You can wave goodbye to the extra expenses and space needed for additional staff and office resources. But don’t worry, if you prefer paper claim submissions, our experienced team is more than equipped to handle them efficiently, with utmost professionalism and accuracy.
In today’s ever-changing medical landscape, it is crucial for healthcare communities to navigate a complex and ever-evolving regulatory environment. Along with this, they must also navigate rigorous federal and state audit initiatives. However, instead of braving this treacherous terrain alone, our team of skilled medical coders will ensure the accuracy and precision of your medical coding. This not only leads to quicker insurance reimbursements but also minimizes the likelihood of claim denials. Join forces with us and let us steer you towards success in the medical coding realm.
Rejection Management
We turn rejections into dollars:
Medical claim rejections are an unfortunate reality, but not all hope is lost. Many medical billing companies tend to handle these rejections haphazardly, resulting in delays and frustration. However, at Soho Tech Services, we have a proven method that yields effective results. Our track record speaks for itself – we have successfully collected the rightful payments for countless customers for the medical services they have provided. Trust us to help you get what you are owed.
Payment Posting
Optimize your revenue cycle with fast and accurate payment posting:
Once payments are posted to patient accounts, any denials can be addressed. Soho Tech Services streamlines the payment posting operation to ensure maximum efficiencies at every step.
Denial Management / Accounts Receivable Follow Up
(Insurance and Self-Pay) Higher claims resolution rates mean more revenue to your bottom line:
Have you ever heard the popular saying, “It’s all in the follow-up!” Well, in the world of medical billing, this couldn’t be more accurate. Without a reliable Accounts Receivable (AR) team and effective system in place, all your efforts are essentially fruitless. However, fear not! We offer a tried-and-true denial management process that achieves results. Our approach combines persistent follow-ups, intelligent strategies, and collaborative efforts with clients to slash denials. With our experienced A/R specialists at the helm, you can rest assured that we know exactly how to boost collections for your business, whether from insurance companies or self-pay clients.
Correspondence and Appeals:
Stop losing up to 24% in uncollected revenue. A recent study showed that approximately 70% of denied claims are recoverable. Yet only about 50% of those are resubmitted. Our correspondence and appeals process is second to none. Because we repeatedly follow up, we continuously recover revenue for you.
Patient Statement Generation
Receive professional patient statements at your convenience:
Let us take the paperwork off your plate. Rather than hunting for that patient statement or making sure it’s accurate and formatted correctly… let Soho Tech Services handle it for you.
Quality Control
Become more efficient, productive and eliminate wasted expense:
According to a recent article in The Wall Street Journal, a staggering 40% of medical bills contain mistakes. Yes, 40% – a number that would make anyone’s jaw drop. And as a result, it’s also the primary reason why patients struggle to pay their medical bills on time, or sometimes not at all. That’s where Soho Tech Services comes in. With our carefully crafted training, strategically designed processes, and highly skilled team, we guarantee a considerable reduction in errors and a significant improvement in quality control. watch as payment delays and bad debt figures plummet while your revenue skyrockets.
Revenue Cycle Reporting
Our comprehensive revenue cycle reporting accommodates your unique needs:
Many medical billing companies are restricted to using pre-made software and standard reports, but Soho Tech Services offers a comprehensive range of customized reporting options. Our highly adaptable reporting capabilities are unparalleled, catering to all of your specific needs and objectives.
RCM KPIs And Analytics
Get Insights from data and make decisions that transform your revenue cycle:
“At Soho Tech Services, our advanced cloud-based analytics solutions offer real-time access to invaluable insights. With this data at your fingertips, you can quickly assess what’s effective, what procedures need improvements, and how to enhance your entire organizational operations. The real magic unfolds when you organize this raw information into a strategic game plan, dramatically reducing costs, increased productivity, and more satisfied clients noticing the positive changes.”
Provider Enrollment / Credentialing
Quick and complete enrollment for maximum claim reimbursement:
Enrollment and credentialing play vital roles in the smooth functioning of a medical billing operation. Any delays or mistakes in this process can quickly turn into a daunting task. At Soho Tech Services, our highly skilled snf experienced team of experts meticulously manages every step along their way, ensuring all necessary forms are completed and submitted accurately and timely. With our efficient approach, you can focus on optimizing your profits.
We also provide patient demographics services. For more details, please visit our page.
