NEWS
Improve your cash flow!
Many healthcare practices don’t take the time—or cannot take the time—to send patient statements because of the time involved to produce them. What most practices do not realize is by not sending patient statements, payments are delayed and cash flow is diminished. Sending your statements electronically to AMS Software takes the work off your staff and provides an efficient way to send statements on a regular basis—and increase your cash flow.
Take the hassle out of patient statements
Send your patient statements electronically to AMS Software, and they'll do all the work - preparing, printing, folding, stuffing, sealing and mailing!
AMS Software will save you money!
With some deals as cheap as $.65 per statement (including postage), your office will save money sending your patient statements electronically to AMS Software. This will reduce the cost of labor, supplies, printing and postage associated with your office preparing patient statements.
“I really like using the AMS E-statements they are very cost effective for our practice. It saves a lot of time and money. Instead of printing statements stuffing and sealing envelopes our staff can utilize their time on other projects that need to be taken care of. Our statements go out every month, they are easy to read and we always have a quick payment response from our patients.”
Thanks AMS
Falecia
Billing Manager – McDonald Dermatology
Elizabeth City, NC
“We sent our statements out for the 1st time through AMS and within just a very few days we received phone calls and payments back. I was going to keep up with it how long it would take us to re coupe the money that it cost us to send the statements but that took less then the 1st day that we received mail after statements were sent. Again this month we sent statements on Thursday and today is Monday and we again have already received enough to more then cover our cost. I have worked with several different software companies and I must admit that this is the first one that I have ever encountered such a quick turn a round. Thanks AMS for the outstanding job on our statements!”
Sonja Patton
Practice Manager
Highland Sleep Center & Neurology
“What a great service! Statements are professional looking and we are getting more patient payments as a result. They are also a great time saver for me. Thanks AMS!”
Mary Weaver
Nelson Chiropractic – Chiropractic Partners
“We have been doing e-statements thru AMS for about a year now and I have NO issues with this process. It has saved me about 8-10 hrs of work that is better utilized elsewhere. AMS is very easy to work with and they are all pleasant and helpful. This process was a wise choice.”
Sharon Barton
Office Manager
MacKenzie Chiropractic
NEW CMS 1500 FORM IS Mandatory!!
Since 1990, medical providers who seek reimbursement have been using the same CMS 1500 claim form. That is all about to change.
2006 brings two important changes to the way health claims are submitted and processed. A National Provider Identifier number (NPI) will replace all other health plan provider identifiers, and a new claim form that includes a place to report the new provider identifier will replace the current HCFA 1500 form.
The Centers for Medicare and Medicaid Services (CMS) have created a new single provider identifier. This “National Provider Identifier (NPI)” will be used in all standard electronic transactions. The purpose is to encourage electronic transmissions by simplifying the claims process. It will allow physicians to submit claims to all health plans in the U.S. using one NPI. Beginning May 23, 2007, all HIPPA-covered entities, such as health care providers, health plans and health care clearinghouses will be required to submit their claims using the NPI.
In order to submit claims with the new NPI, the National Uniform Claims Committee (NUCC) has created a new 1500 Health Insurance Claim form. The new 1500 Claim Form includes a place to report the provider's NPI along with 40 other minor changes.
NUCC Recommended Transition Timeline for the Revised 1500 Claim Form
The NUCC has recommended that the health care industry adopt the following timeline for the transition to the new version of the 1500 Health Insurance Claim Form (version 08/05).
The NUCC strongly recommends that providers contact their health plans or clearinghouses/ vendors prior to submitting a claim on the revised form to ensure that they are prepared to accept the new form.
The AMS Software has already been approved to do this.
How will this affect you?
Many providers have to upgrade their current practice management software, at a HUGE premium, to accommodate the new form. Other providers are not even being informed about the monumental change by their practice management companies.
If you are interested in learning more about the upcoming HCFA changes or if you’re interested in learning about a very affordable way to upgrade and accommodate your office for these changes then please contact us today to schedule a demo.