Innovative Healthcare Business Solutions provides consulting services to fit the needs of any practice. While we offer traditional medical consulting services such as coding and billing reviews, we also offer other services that are unique to today’s environment.
Insurance Contracting
Insurance contracting can be a daunting task to a new provider. Our credentialing and contracting team can assist.
Coding
While coding changes typically occur annually, payer policies on coding can be updated at any time. Whether your issue is coding or coding denials due to policy changes, IHBS can assist.
Billing Reviews
Hybrid billing and collection models are on the rise. With this in mind, IHBS offers independent billing reviews. We review all aspects of the process from charge capture to bill submission.
Electronic Medical Record & Billing System Selection
Selecting an electronic medical record and/or billing system can be difficult decision for any medical practice. It is important to know what questions to ask and what to look for in overall function and features when making the selection.
Senior Management Recruitment
If you are looking for new leadership, it is important to ensure the person you are looking to hire has the skillsets to do the job. It is not always easy to hire solely from a resume alone. IHBS recruitment services can assist you in finding the perfect fit.
AR Review
Whether you are doing billing in house or currently outsource, it is always a good idea to do an annual AR review. Accounts Receivable reviews can detail many things that may go unnoticed in a busy practice. Our AR services review can help to identify any deficiencies as well as identify areas of improvement for possible training.
Practice Evaluations
Practice Evaluations provide important insight to all aspects of a medical practice. From policies and procedures to operations and financial health, IHBS leaves no stone unturned when working with a practice.
Contract Evaluations and Insurance Matrix Creation
Insurance contracts need to be reviewed on an annual basis and staff informed of any rate changes. The lack of either of these processes can cause financial hardship to any practice. IHBS can assist with your annual review and create a matrix for easy use for your staff.