3 Creative Billing Strategies for Local Health Centers & FQHCs

Patient billing for health centers and FQHCs (Federally Qualified Health Centers) is not only a challenge, but also a highly-confusing endeavor that requires the right resources coupled with a creative and strategic-minded approach. Because common patients of these types of health centers are often low-income and underprivileged, fulfilling patient billings is battle that’s essential to survive.

health center

If you own or work for a local health center or FQHC that’s in dire need of improving its billing processes, explore the following 3 highly-effective and creative patient billing strategies for health centers and FQHCs.

1. Collect Co-Payments Prior to Medical Service

Before a patient visits the a physician of the health center, the front-desk staff needs carefully communicate with patients and audit their personal and billing information at the time of registration. During this time, some health centers and FQHCs will collect the co-pay immediately while later focus on collect the remaining receivables from insurance companies, Medicare or Medicaid.

As a result of this simple health center billing strategy, many FQHCs and health centers realize higher collections. The crux is to determine how to re-structure staff and internal processes to get these new collection systems in place. As a good benchmark, work toward collecting 90-95% of co-pays in advance. You can request the health center staff to keep an detailed record that captures what is collected, as well as reasons why any collections where not received.

2. Integrate Credentialing Protocols

Credentialing is a vital component to receiving the right reimbursement of money from patients and their healthcare system. Establishing a sound credentialing system or protocol enables health centers and FQHCs to monitor progress of the collection submissions, as well as review any details. In short, credentialing helps keep all information in one place.

While there are a number of different FQHC billing and health center billing services that enable clients to perform an individual analysis with respect to their mode of operation. In most cases, strategic recommendations are provided in an effort to optimize the health center or FQHC billing processes. For more information on this, visit MaximizedRevenue.com.

3. Maintain Accurate Electronic Health Records

Your health center or FQHC can make accessing patient data easier, simplify care provided, and improve overall patient engagement and interaction by maintaining complete information about each patient, their health, and financial information. Electronic health records (EHR) are often best when stored online, via the cloud, using software solutions.

electronic health records

You can do some research to find the best EHR software platform that works in accordance to your health center billing efforts. Or working with a medical billing consultant can sometimes provide opportunities and access into cutting-edge EHR software that can aid patient billing and collections.

If more help is needed in regards to FQHC billing and health center billing, we suggestion checking out the billing services of Practice Management. They offer basic consulting programs as well as full-service medical billing solutions with specific expertise in FQHC billing and health center billing.

5 Ways 3PL Providers Support Warehousing & Distribution

3PL stands for third-party logistics, and now, 3PL providers has become quite the buzzword in the logistics industry. The companies sprouted in the 1970s and have come a long way since then. They have now infused end-to-end logistics management and coordination, distribution support, worldwide shipping activities as well as providing a variety of technology enhancements in the warehouse and distribution sector.logistics distribution center

The two systems that have been integrated with the transportation and warehouse sectors are:

  • Warehouse management systems
  • Transport managements systems

3PL providers evolutionary role in the supply chain is still ongoing. The providers continue to put the customer first by ensuring that the client needs are a priority. The following are five way that the logistics providers have revolutionized the warehousing and distribution industry.

1) Imported goods cross-docking

During imports and exports, the companies involve regular packing and unpacking of goods on transit. Cross-docking allows for proper goods inspection and finally sending them to the target location without incurring storage costs. The customer can relax leaving the work of management of the goods from start to finish is efficiently handled by 3PLs.

2) Information technology infrastructure availability

If a customer would like to enjoy the benefits of a (WMS) warehouse management system without the hassle of having to install and manage the system themselves, the services of a third-party logistics company come in handy. Investing in a WMS is costly in terms of capital and man hours. The logistics companies take it upon themselves to ensure that all the bits and pieces from the supply chain are intact.

3) Staff management

Did you know that a third-party logistics (3PL) provider can manage your workforce? The companies strategically optimize work-force and labor issues in a given company seamlessly. This way, the enormous burden of labor costs shifts from the warehouse owners to the logistics company.

4) Package and kitting solutions

3PL providers strive to provide an all-round fulfillment for the customers. Apart from picking goods, packing and shipping the companies over deliver by including kitting. Some businesses and especially supermarkets have offers, and they often require different packaging of products during special offers.

The different requirements can be overwhelming for a manufacturer. The services of a logistics company can be employed to cater for the different demand needs. The companies can then handle the various demands with ease leaving you to concentrate on other manufacturing aspects such as the quality of goods.

5) Limitation of supply chain nodes

3PLs can handle final configurations in the supply chain such as deliveries. The companies also offer value added activities, for instance, making t-shirts for your company sports events, coding, installation, quality checks and all other finishing touches on your behalf.

It’s no doubt that 3PL providers minimize warehousing and distribution tasks as well as cut costs. More companies are subscribing to their services.

3Pls are stepping up to the plate to offer better services to the companies as they provide them with an opportunity to focus on other matters. The symbiotic relationship between the logistic companies and the warehouse and distribution companies caters for the end-user.

In the near future, 3PL providers could venture into other areas in the manufacturing sector. The evolution could mean an excellent all round delivery of services in the supply chain.