Genesis Chiropractic Software and Billing Precision Service Selected by CBP’s Dr. Deed Harrison for His New Office
Genesis and Billing Precision Service has been selected by Dr. Deed Harrison for his new 11,000 square foot, Chiropractic BioPhysics® (CBP®), Ideal Spine Health Center® in Boise, Idaho. Genesis will be used for patient relationship management, billing, compliance, marketing, and cash flow management. “We saw the need to centralize what we are trying to accomplish with CBP,” said Dr. Harrison, owner of Chiropractic BioPhysics. “Flying all over left me less and less time to do the research CBP was built on. I decided to build one facility where I can practice and continue to produce the latest research.” The Ideal Spine Health Center, scheduled to open October 20th, 2012 will be the first of its kind. On one side of the building will be a Chiropractic BioPhysics office. On the opposite side of the building the CBP Doctor Institute, and a 2,000 SQF conference center and training facility, which together totals 11,000 SQF. “We’ve designed an exclusive CBP documentation suite to allow full integration with CBP’s business modules from Drs. Haas, CBP technique treatment procedures, and x-ray (PostureRay®) and Posture analysis (PostureScreen Mobile®) software,” continued Dr. Harrison.
Genesis Chiropractic Software Outsourced Billing Option – Automation & Dynamic Reporting
“A billing service is a must for me. When I looked around for other options there were a few that said they had a billing service they could refer. Genesis Chiropractic Software and Billing was light years ahead in this category.” Dr. Deed Harrison – CEO Chiropractic BioPhysics Automation Genesis’ Billing Service, Billing Precision, has processed hundreds of thousands of insurance claims for chiropractors through the billing engine powered by Vericle technology. As claims are sent through the central database and their payment, underpayment, or nonpayment is analyzed. When a claim fails the system routes the claim to a biller for follow up rather than having billers look for claims in AR reports. Rules (over 2 million currently) are built into the technology to “flag claims” up front if a claim looks like it will not get paid or needs attention. In an environment where insurance companies are constantly changing their rules Genesis provides the infrastructure to leverage all of the claims data and optimize billing performance. This means that doctors using this system actually work as a team to beat the insurance companies at their own game just by using the system. All of the members submit our claims through this engine and it improves as we go. Whether it is 20 or 2000 doctors, this is a solution that can scale as more doctors join the network. Dynamic Reporting The massive undertaking of managing billing for hundreds of chiropractic offices forced Genesis/Billing Precision to create a dashboard that not only looks great but is functional. They use the same dashboard to manage their operations as practices us to manage their practice. The dashboard gives a high level visual representation of what is happening across key billing and patient relationship metrics. It is like a fighter jet cockpit. It highlights major threats to billing and patient relationship management. At first glance it can be overwhelming. That is why the Genesis Profitability Coaches are there. To help you asses the danger and right the course when needed. High level reporting is important as you fly but sometimes you have to stop and see what’s under the hood. Again, Genesis/Billing Precision uses the same reports you do to analyze billing performance. They have developed some unique reports that are not seen in other systems. One is called a MOS or Month Of Service report. This means you can see how much you billed month by month and, of what I billed how much is unpaid based on the moth it was billed in.
Chiropractic Billing Network Effect
Looking at the landscape of the chiropractic practice management, we see a playing field tipped to benefit the payers and hurt physicians. By increasing billing costs, underpaying claims and conducting a growing number of post-claim audits, insurance companies strive to keep profits high while depressing those of individual practice owners. To counteract these methods, healthcare providers need to streamline their business practices and take advantage of billing networks. The relationship between payers and providers is adversarial, but billing networks offer solid strategies that allow providers to get back into–and win–the game. The “network effect” allows a large number of disparate practice owners to capitalize upon their strength in numbers. It works like this… when one practice has an underpaid claim for a certain insurance company Genesis creates a rule to fix it moving forward for every other practice that bills that same insurance company. Repeat for each problem with insurance companies paying claims and over time you build an enormous set of rules to get claims paid in full and on-time. That’s the network effect.
Billing Stimulus and Network Effect for Practice Profitability – Dr. Troy Dreiling
The billing stimulus and chiropractic network effect increases your Practice Profitability. https://youtu.be/C7BKPJYqdew Insurance company claims are very important, so watch Dr. Troy Dreiling explain how great Genesis Chiropractic Software has been for his thriving practice. How do you expedite your insurance collections? How to qualify for $45,000 in Genesis’s Referral Stimulus? We share the same Billing Central Nervous System (CNS). Insurance companies profit on the float. The longer they keep our money – the more profit they make. Shared CNS expedites payments to the members of Genesis’s network. The larger the shared CNS becomes, the faster we all get paid! Refer your friends to expedite your insurance collections.
