At Evolution Consultants, our specialized medical billing services cater to practices in Texas and nationwide. By implementing innovative processes and programs, we streamline information flow and reduce paperwork, enhancing your practice's efficiency. Our team of medical billing experts stays updated on the latest industry regulations and guidelines, ensuring compliance, maximized revenue, and minimized expenses for your practice.
Below are just some of the billing services we offer:
Yes, we take clean-ups with outstanding A/R from old software and billing relationships.
Yes, we offer Workers Compensation billing, Medicare-opt out billing, and Audits.
Yes, we will work with your software! And if we're not familiar, Evolution will learn your EHR.
Yes, we do travel to rural areas! Our love for small-town doctors stems from our own small-town origins.
A billing audit zeroes in on the financial health of your medical practice, and at Evolution Consultants, we make it our priority. We focus on the key components of your Revenue Wheel, including clearinghouse reports, accounts receivable analysis, collections processes, and various billing types.
Our comprehensive audit report, provided upon completion, addresses questions within the audit scope. Our expertise covers crucial areas such as securing funds, charge generation, posting, A/R claims, and much more.
Optimize your medical practice's billing performance with our targeted billing audits - let us snoop so you don't have to!
Boost your medical practice's financial health with Evolution Consultants' expertise in medical billing clean-up, particularly during software transitions or when transitioning accounts receivable from internal billing to another third party. Our seasoned team validates the collectability of outstanding AR and diligently works toward resolution.
Leverage our extensive experience in claim clean-ups to provide your practice with the peace of mind that all loose ends are addressed. Navigating these complex transitions can be challenging, but with our focused medical billing clean-up services, you're in capable hands.
Navigating Medicare opt-out can be complex and filled with potential liability, but Evolution Consultants is here to help. Our expertise in Medicare opt-out transitions ensures your practice benefits from proper form usage, template guidance, and safeguarded liability. We excel in implementing processes within your software to accurately account for revenue.
Leverage our valuable understanding of patients' rights for a seamless and effective Medicare opt-out revenue process, making your practice's transition both efficient and secure.
Optimize your Workers' Compensation billing with Evolution Consultants. Our expertise in Workers' Compensation Billing Guidelines ensures effective collection from Workers' Compensation plans. We maintain constant communication with carriers regarding outstanding bills and collaborate with your internal staff and providers to secure funds in compliance with guidelines.
Trust our skilled team to streamline your Workers' Compensation billing process, maximizing revenue and efficiency for your practice.
I have always believed in math and science as the language and keys of the universe. My education has taught me the universal laws that govern the behavior of the world we live in. We see these in the large events down to the small spaces between the particles we can't even see. Process control was an overwhelming area of interest in my education. I hope you enjoy my insights into how those laws marry with and affect the business environment and cash flow cycles of your practice.
Change is gradual and slow, taking place over a long period of time. Just a small change in the initial conditions can drastically change the long term behavior of your practice. Accepting the idea that your practice is in a constant state of flux is the first step to evolving forward and competing.
Natural Selection is the process in nature by which the systems best adapted to their environments tends to survive. It remains the single primary explanation for adaptive evolution. It has been clearly agreed upon that the systems that survive in the interaction of evolution usually make themselves more complex. This theory explains the development of the competitive instinct.
Chaos Theory is defined as very great confusion or complete disorder. It is the idea that beneath the disarray that is observed by the naked eye, that actually there is order that can be monitored and controlled over time. This requires the identification of the variables that affect your practice and the governing actions that can control these practice variables.
Entropy is the measure of chaos or degree of disorder in a system. In the behavior of large systems, such as your practice, the collective whole will always return to its most stable and comfortable formation without the application of external forces. To Summarize, your practice is made up of many moving parts that must be diligently controlled or you and your staff will find yourselves right back in the complacency you all sought to change.
Written by Misty L Chance, BS ChE
Not find the answer you're looking for? Give us a call today!
Evolution Consultants uses innovative processes and programs to streamline the flow of information to and from your office, thus reducing the paperwork and filing clutter. Our office has the capabilities to be paperless. We utilize and/or have experience with over seven different software solutions, many of which are fully utilized EHR software. We have the capabilities to learn new software with an accelerated learning curve and can fully implement EHR software and map your billing accurately.
Evolution Consultants medical clients enjoy decreased days in aging within the tolerance of MGMA standards for their specialty. This means that from the time you bill the claims, you are seeing payment within 20-45 days depending on your payer mix. Please note that for a high volume of workers compensation claims this may be slightly higher.
Evolution Consultants offers CPA-style reporting at the close of each month. These reports display total month production, monthly collections, monthly adjustments, Net and Gross collections percentage, days in aging, average day gross revenue (ADGR), and monthly over-the counter collections. We also offer specialized reporting for practice-specific interest such as DME/Orthotics, X-Rays, and Vaccines. We have overview monthly meetings with our clients.
Evolution Consultants considers the best way to handle collections is to get insurance resolution sooner, and get the patient a statement as soon as possible. We use a set collections cycle once the practice determines the parameters. Our standard timeline is to send three patient statements then to send a 10-day letter if the patient has not communicated with our office or set up a payment plan. Once the ten days have elapsed and the account has been approved by the client, the account is submitted to third-party collections. It is important to note that some providers do not want to pursue collections. Our clients lead the way in determining our collections attitude.
Evolution Consultants works with a wide range of specialties from Orthopedics to Primary Care and have shown the ability to adapt to a specialty very quickly. However, we choose not to work with physical therapy or chiropractic care. We do retain at any time at least two certified coders on staff who are directly involved and oversee quality control on billing/coding and documentation requirements. We provide outstanding communication to our client regarding code combinations and chart documentation. We are never authorized to code or alter codes, but we do scrub charges to provide feedback to the clients.
Evolution Consultants benchmarks our practices on a monthly basis when we compare our client's performance to accepted standards such as MGMA as well as offering comparisons to other date ranges. For those clients who have been with us for years, we have a really compelling history of growth and development with the practice. The better quantity of data, the more interesting comparison we can make.
Evolution Consultants is an audit style billing office. It does take time to perfect the processing and uncover all the information we may need to perfect your practice, but our overall goal is to perfect your practice and have the highest recoveries possible. Partnerships are however, a two way street and we expect a professional ethical partner from the client as well. Our clients have to be able to make changes and monitor their own quality control for responsibilities assigned to the practice.
Evolution Consultants and all of our staff must go through yearly training on CMS Fraud, Waste, and Abuse guidelines. We are a downstream compliant organization. We also train yearly on Red Flag guidelines, HIPAA Compliance, Federal Fair Debt Practices Act, and the Texas Collection Practice Act. We retain certified coders and meet all annual requirements for continuing education and each of them have a keen eye for detail and coding integrity. We are compliant to the Workers Compensation Guidelines as well as investing in continuing education literature from Medicare. We always utilize current year CPT and ICD10 guidelines.
Evolution Consultants performs billing quizzes to test the skills of potential billers. All hiring candidates participate in working interviews, and we check all references. We have excellent staff retention after the first year of employment. Our standards are set high and not all can endure this type of environment. We always promote from within, and are looking for the coachable and pleasant few who shine.
[1] How to choose an outside billing company that works for you, Decision Health (website).
Marla Durben-Hirsch, Published Mar 21, 2011.
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