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We
combine decades of relevant experience and share both
a vision of instant adjudication and an obsession about
measurements and transparency.
We pledge 50% of all claims paid in 30 days, and 90% in
60 days. Guaranteed.
90 day cancellation policy - if you are not satisfied
with Billing Depot, simply cancel your contract at any
time without penalty.
Our combined fee
and termination structure eliminates all of the transition
risk for the medical practice and guarantees continued
competitive performance by Billing Depot:
- All initial systems
setup, enrollment, payer
connectivity, and superbill
review are done at no charge to your practice.
- Our termination clause
requires no justification. The only requirement is
a written letter of termination with 90 days notice.
In case of termination, we will not attempt to recover
any of the costs incurred for integrating your practice.
Our compensation structure and our service termination
clause reflect our confidence in our ability to provide
the most effective billing service.
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| You
pay nothing until you
get paid |
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| "Billing
Depot expedites medical billing process four-fold
in comparison to national average, resulting in 57%
of insurance claims paid within the first two weeks.
Billing Depot helps the physician focus on patient
care, grow profitability, and continue practice development."
Dr. Zelik Frischer,
Clinical Professor at the Department of Urology at
Stony Brook University and three-times named in New
York Magazine survey of best doctors in the Metropolitan
Area. |
| "Since
I have outsourced my billing to Billing Depot and
Vericle, my revenue from collections has been steadily
improving. I now have more time for my patients and
for building up my practice. Vericle allows me to
keep both my finger on the financial pulse of my practice
and my eye on the service."
Dr.
Michael Lewko, Chief Medical Officer, Care Management
at St. Joseph's Hospital and America's Top Physician
by Consumer's Research Council of America, 2003, Clifton,
New Jersey
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| "With
integrated billing transparency, I see for myself
how Vericle leverages every opportunity to expedite
payments of healthcare insurance claims in a continuous
24 x 7 effort. It has enabled 27% revenue gain over
past billing process."
Dr. Doug Cassel,
Director of Interventional Radiology, Hoag Memorial
Hospital, Newport Beach California |
"Vericle
makes data analysis so intuitive and accessible that
we have begun dissecting our data ourselves. In one
case, we discovered that for years we used to write-off
A-codes, losing as much as 29.8% on every claim. Over
a decade, the lost differences would have added up
to hundreds of thousands of dollars. In just a few
months since hiring Billing Depot, our receivables
over 120 days shrank to below 5%."
Ted
Gutowski, M.D., Heart Specialists of Central Jersey
in Manalapan and Robert Wood Johnson University Hospital,
New Brunswick, New Jersey |
| "I
love Billing Depot’s personal touch. I can review
my insurance claims and overall billing status and
reach my account rep any time to get my questions
answered. My new billing performance speaks for itself."
-Dr.
Brian Capra, Director, Advanced Chiropractic &
Wellness, Monmouth Junction, New Jersey.
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| "Billing
Depot pays enormous attention to every opportunity
to expedite payments. It has uniquely adapted standard
Wall Street technology for same day trade settlement
to healthcare insurance, resulting in dramatic reductions
of A/R, reduced technology costs, and new revenue
recovery for the clients."
-Bob
Ettl, Managing Director and Chief Technology Officer
of Allianz Asset Management, Newport Beach, California.
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| "Vericle
not only expedites the identification of a mismatch
between diagnosis and procedure on an individual claim,
but also provides specific Medicare documentation
to help problem resolution as well as complete analysis
to measure the extent of the problem. The insurers
have fewer reasons to deny our claims and, in fact,
over 90% of our claims are paid within 45 days."
-Vivian
Kominos, M.D., Heart Specialists of Central Jersey
in Manalapan and Centrastate Medical Center in Freehold,
New Jersey
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