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First-Trans has partnered with a sister company, 1st Med Solutions,
to deliver a completely integrated HIPAA compliant medical transactions
solution that will:
- reduce administrative costs by about 25%,
- reduce bad debt by 75%, and
- reduce days to dollars from an average of 60 days to less than
a week.
The system will not only deliver on average an extra $50,000 a
year to the bottom line, it will also dramatically reduce workload
and stress in the office.
The system automates several key functions, including:
- Electronic Verification of Benefits, automated, from one screen,
with more payers than anyone, in seconds, not minutes
- Electronic Processing of Claims, with pull down codes, state
of the art scrubbing, robust reporting, and connectivity that
ensures ongoing HIPAA compliance
- Electronic conversion of patient EOB balances to deposits utilizing
an completely new and unique integrated payment solution process
and interface
Click here to link to
1st Med Solutions website
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