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 Glenwood Systems Accounts Receivable and Claims Processing Service

Glenwood has been recognized for it's strong billing expertise, proven technologies and innovative business offers.

The complexities of Medical billing now require a Specialist. With reduced reimbursement rates from Insurance companies and ever-changing policies, it is now more important than ever that claims be processed accurately the first time. The medical office is working on less cash flow due to the reimbursement policies of the Insurance companies. Any delay created by a rejected claim could prove devastating to the medical provider. Currently, the medical community is faced with the dual challenge of providing quality care and improving financial results with increased cash flow, reduced operating expenses and reduced headcount. Providers must meet these challenges while operating in an environment made increasingly complex by managed care, multiple Insurance carriers and various entitlement Programs. Traditionally, Physicians provided medical care and left the business details of the practice to the administrative staff. Today's healthcare system is more complex. With the increased emphasis on providing cost-effective, high quality care, Physicians must demonstrate their value to Patients, Managed care Organizations, Hospitals and other Healthcare consumers.

Today, 20-30% of all paper transactions are billed incorrectly by Practitioners and are returned by the Insurance companies. Of those claims that are returned, 50% are never resubmitted and are written off as bad debts. Glenwood Systems provides billing services that maximize revenues for you while maintaining the very highest ethical standards. Some of the billing-related services Glenwood Systems provides are:

                  Full service billing functions (including data entry)
                  Daily follow-up to ensure prompt payment of all claims Each claim
                       individually tracked with a tracking number
                  Daily billing by medical claims Specialists
                  Complete billing to primary and secondary Providers
                  Internet/Intranet access via a common web-browser, 24 hours a day,
                       7 days a week
                  Expertise in handling workers compensation and auto accident claims
                  Audits of EOB's
                  Daily posting of payments
                  Comprehensive management reporting including productivity reports for
                       Practice management and compensation purposes.
                  Individual representatives specifically assigned to each client

                    

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