ADVOCATE has invested more capital in technology than any other radiology specific billing company in the industry. Our investment in the latest technology has allowed us to build the premier radiology billing process. Our EBT technology applies our business rules with uniform consistency and exact specifications at predetermined intervals during the billing process to maximize your revenue. Our technology improves quality and production consistency by 10% to 15% resulting in the highest revenue attainable. Our Experience Based TechnologyTM workflow process ensures every physician service is handled accurately, consistently, and timely.
Our managers and software engineers use industry experience, modeling software, and full scale models to analyze every feature of the billing process from every aspect, resulting in a finished product for our clients that is unmatched in the industry today.
ADVOCATE offers physicians a fully integrated billing service that maximizes the revenue cycle of their practice and provides unmatched business information. The ADVOCATE client service team works closely with clients to develop business relationships. We offer a truly complete, integrated approach to business issues that combines insight and innovation from multiple disciplines with a wide range of business and industry knowledge to help our clients excel.
These parts work in perfect unison to turn source billing data into more revenue for your practice. ADVOCATE’s Experience Based Technology remains unmatched and its fully-integrated billing service is light years ahead of the competition in terms of reliability and innovation.
We could bill the way other billers do, but we never will. Our standards demand a higher level of precision. That’s why we continue to invest in new technology that allows us to produce consistently superior revenue results.
Radiology billing & reimbursement has evolved into a complex system of hard-to-follow governmental and private payor reimbursement policies with a complicated coding structure, excessive insurance denials and claim under payments. Other billing companies attempt to combat these aggressive efforts to reduce your income using out dated technology and simplistic management techniques and little or no feedback to physicians. It’s no wonder 12.7% of total revenue rightfully due to radiologists is consistently lost without the benefits of the ADVOCATE system.
So how do you manage the billing process?
How do you maximize your revenue stream?
ADVOCATE is the answer – Our Experience Based Technology suite of software will maximize revenue for your practice.
ADVOCATE’S entire management structure is designed to provide accurate, timely and consistent feedback between ADVOCATE and our clients. We have made it our business to understand our clients business needs. Diagnostic Revenue Analysis tracks performance from every angle to ensure revenue maximization.
ADVOCATE’s real time claims tracking module ensures claims are followed up on for maximum collection efforts as soon as the claim is delinquent, opposed to predetermined generalized time frames. In other words, based on statistical determination, by individual payor, our system determines the fastest time each payor processes claims. If any claim in the system is unpaid after the optimal number of days determined, the account follow up process begins immediately.
ADVOCATE’s computerized charge count verification software has been engineered to verify that every exam that is read by a radiologist is billed. Our custom Exam Capture Verification software uses source data to verify the charge capture is 100% complete. Exam Capture Verification system compares our billing system with the hospital RIS system to confirm every exam read has been billed.
Our denial management software was one of the first in the industry and remains the leader. Our denial management software applies exact and consistent procedures to produce a quality control process that allows us to thoroughly inspect every denied claim, determine why it was denied, stop the recurring denial process and obtain payment. Denial Management software reduces first-time claim denials by 50%-60%.
ADVOCATE’s computerized payment compliance software has been engineered to verify payers are paying the contracted amount. Our system compares the actual amount paid to the contracted rate to verify the accuracy of every payment. Radiology Fee Compliance system identifies and reports all underpaid claims.
Our proprietary Dual Code Technology provides the highest level of coding accuracy. Computer assisted coding technology and radiology sub-specialized certified coders assign CPT and diagnosis codes for each procedure, using the Dual Code Technology. This process not only provides the most accurate coding but also reduces denials through proper modifier application that cannot be accomplished with alternative coding methods.
To start the billing process, state-of-the-art claim purification software allows our digital processing systems to transfer and improve data from the site of service before it enters our customized billing system. Our claims preparation & purification process improves data quality and eliminates workflow fluctuations. All this results in cleaner data, and the fastest revenue for our clients.