“We went from $100,000 to $1,500,000 in promises to pay with HBCS.”
Charlotte Cunningham
Administrative Director for Revenue Cycle Management
Cape Cod Hospital
Every healthcare organization depends on the timely liquidation of accounts receivable to expedite cash flow and maintain good financial health. Through partnership with our healthcare organization clients, we have designed advanced accounts receivable management solutions that enable us to process over $3 billion of accounts annually and show some of the best revenue cycle statistics in the country. This is accomplished through state-of-the-art technology, innovative techniques to cash recovery, a highly trained professional staff, and excellent data analysis and reporting capabilities.
HBCS's extensive accounts receivable management solutions include:
HBCS’s sophisticated billing solution is capable of reducing “first pass” rejection rates to levels far better than industry benchmarks. HBCS provides primary and secondary billing services for a variety of healthcare organization clients. Claims are submitted timely and accurately in the 837 format to insurance carriers through the use of our sophisticated web-based billing solution. Rejections are tracked and root-cause analysis is performed with our healthcare organization clients to improve the overall health of the revenue cycle. Learn more about Third-Party Billing
HBCS’ Insurance Follow-Up solutions are designed to increase cash, lower adjustments and reduce days in accounts receivable. Our Insurance Follow-up services utilize the latest technology allowing us to manage accounts by exception. We provide a variety of options that include performing follow-up on accounts at any age, for one or more financial classes, or any combination of accounts based on each healthcare organization’s needs. Learn more about Insurance Follow-up
HBCS makes Self-Pay friendly, fast and affordable. Our collaborative approach includes a patient-centric focus on explanation, information, and assistance resulting in higher recovery rates as well as increased patient satisfaction. Insurance and compromised demographic information is tracked and reported to the healthcare organization to improve front-end processes. Learn more about Self-Pay Billing and Follow-up
HBCS’ offers transitional business office staffing as a means to provide a rapid deployment of staff in preparation for a sustainable outsourcing engagement. Our staff is trained in all lines of business including governmental, as well as managed care and commercial billing and reimbursement practices. Additionally, our staff are well trained on most healthcare information systems on the market, which allows for an accelerated start-up and transition. Learn more about Transitional Business Office Staffing
118 Lukens Drive
New Castle, DE 19720
(302) 552-8000
701 Edgewater Drive
Wakefield, MA 01880
(781) 279-8465
600 Beam Street
Salisbury, MD 21801-7803
(410) 219-5229