3rd Party Software Apps are Integrated into Genesis
Find useful Apps in the Genesis App Store Watch this 20 minute webinar to see how Genesis Chiropractic Software has added many other company’s products to our software in the form of Apps and they’re integrated to make their implementation easy for you. We’ve added them to a page that we call the “Genesis App Store.” You sign-up with the company that has the App you want, right inside the Genesis Software on a separate tab. View this short webinar to see them all and then learn more. You can also view the integrations individually in our App Store. There are well known names you may recognize… Infusionsoft, ZingIt, ReminderCall, NotifyMD, MDReferralPro, etc. Our clients especially like the Reminders to their patients because it will reduce patient no shows, which then increases revenue. Other clients like the companies that handle your merchant account for charging credit cards, and others that handle patient financing of a care plan. Or perhaps you would rather dictate your typing with Dragon Medical. Any of the Apps will definitely increase the productivity of you and your office staff. Read the transcript: Jason: Probably just give it a minute or another two minutes and I’m here with Jessica Pancoast, my name is Jason Barnes and we will get going. Good afternoon everyone. Thanks for joining us today and we’ve got Jessica Pancoast here who is the head of our training and help desk teams. And my name is Jason Barnes and we’re excited to be talking to you today about one of our next topics and one topic that I know will become more of a hot topic I should say in 2016. Because today we’re actually gonna talk about a migration from the traditional way of doing things around here in Vericle to a brand new way of doing things. So to first start with an admission, something fairly obvious is we’re not good at everything over here. We know that there are areas where other companies have not only beat us to the punch, but they have special insight that we would just never have because they were only trying to solve one problem. We as a software platform offer a great place for doctors to bill, to schedule, to manage their practice workflow and outstanding tasks and automate those things. However some of those tasks, if you asked us to design it, code it, implement it, we would not be as good as the best-in-breed solutions that are already offered out there in the marketplace when it comes to online scheduling or really specific documentation having to do with a small narrow niche that only applies to a certain group. But this actually gets even wider because we’re talking about third party integrations today. Those software companies that offer protective content where there’s intellectual property that we simply don’t own that you would like to access, reminder services to additional patient education tools, something that you would like that even if we tried our best we wouldn’t be able to offer for one of two reasons. Jess, one, we don’t know how to do it. Two, we don’t have access to it because it’s not ours. That does not mean we’re in a lurch, it does not mean we do not have options. We have some fairly large groups that have worked with us. And up on your screen, we’re gonna start going over those particular technology solutions as well as the ways that you can access third party materials that are uniquely owned and copyrighted by those organizations. So that’s what today’s topic is, and Jess, I would imagine as we keep migrating from a traditional way of implementing these things to our app store that we’re about to go over, I would imagine you and your team are getting a little bit happier about this? Jessica: Yeah, it’s a lot easier for the practices to get themselves integrated with one of these third parties with the app store. Jason: What I’m gonna do is I’m gonna introduce that, and Jess, I’ll ask you to help talk about some of the older ways that somebody would have to go about it. Because for some of those, those are still the only way of doing it until we get everything migrated over. So I would like to use an example case. One of the easiest ones and one of the technology outlets that we have available to our current set of clients is reminder services. There are reminder calls, text messages, and emails that are currently available. We have a couple of solutions that we’re integrated with that offer all three services. There are ones that have great packages for really high volume practices. There are ones that have counsels available to connect text message conversations with your clients. We are not a texting service. If we were to try and get into a new niche or new business, I’m not necessarily sure how successful it would be because this has been done already and people are really good at it. And they do it on a large scale so they are abe to offer it in a cost effective way. So reminder, caller, Zingit, there are other ones that are available. But reminder services are a huge value to you as a practice owner. They are a huge value to your patient, who needs that reminder to make sure they don’t forget the priority that their health is in their lives. So when they are sitting there at home and it’s noon and they’ve got an appointment at your office at one, when that text message comes through that says it’s time to get up and start heading towards the office, we know that we can retain that patient. There’s a question, what is that worth to you? I know that there are a lot of platforms that offer variances of this but here at Vericle, we offer the best
How to Increase Collections for Your Chiropractic Practice
Increase Collections with Your Provider Workbench Increase Collections from insurance companies by watching this 35 minute webinar. Learn how to increase your insurance collections by getting every claim paid in full and on-time. Your provider workbench lists every claim that needs your attention and once you provide the missing information, they get re-submitted and get paid. It’s much easier than trying to determine what needs to be done from a list of claims in a report. Watch the webinar immediately right on this page by filling out your name and email address. We know it’s a lot to ask for your email address and we promise not to ever sell it to another company. Read the transcript: Jason: So, we’ll get started here in just a minute. During the holiday season, Jess, just to kinda kick off this conversation. I probably had more conversations with our providers, our actual customers than I had maybe the previous three or four months because we’re covering so much. And patient volumes were down, so you had time to actually look at collections. And I think most were just saying, “Oh, we’re doing fairly well. I’d just like to see if we can do better.” But then there was one provider who had a conversation with some other of his trusted peers. And they’re an in-house provider in Texas, and by in-house just for anyone listening in, I simply mean that our billing team isn’t doing the follow-up and the posting. They’re doing that in their own office and frankly they know what they’re doing. They’re not an office that needs a lot of direction. They got some top notch people. And they were asking me, you know, about the workbench and I said, “Well, you’ve got an issue with yours and I’ll tie this into our topic here in just a second.” Their office has been so used to following up on claims a certain way that they would print lists of claims, put them on their Excel spreadsheets and then organize them how they’re used to for years and years and years. And they’ve got 20 years of experience so they knew what they were doing. And so the results were okay. They weren’t spectacular but they were okay. And because I said to him, “Listen, I’m really worried about your collections right now because I see that your workbench claims are so high.” And he said, well, for anonymity’s sake, I’ll just call her Jessica. Jessica, you know, was on the call and said, “Oh, I just don’t do it that way.” And so today, we’re gonna talk about what way people use our system to follow-up on claims and what best practices are. Because Jessica is an expert. She’s a billing expert. She knows more than I’ll ever know about medical billing. She cared about the practice, she was engaged. Jessica was doing the right thing, it’s just that nobody knew about it. And so I wanted to help Jessica accomplish her goals but also give the practice on her some piece of mind as to how to check up on Jessica should something go wrong. Because Jessica could win the lottery, Jessica might have to quit and move somewhere else, you know, there are lots of things that can happen. And so today, we’re gonna change our focus to not necessarily billing perforJasonce, per se, but the thing that helps you achieve billing perforJasonce and that is the tool in our system that helps identify claims that need an action. That action can vary and we’re gonna talk about what type of actions, you know, can be done. But more importantly, what the methodology is to choose and identify those claims that need follow up. And so that’s how we’re gonna spend this first 15 to 20 minutes of today’s time together. And then after that, we’re gonna open it up to any questions that anybody has regarding this topic or any other topic. So to do that, we’re actually gonna jump right into this topic and talk about measuring. We’ve done that here before and we’re gonna start off the same way. I’m gonna blow this up, Jess, to make it really easy for our viewers/listeners, webinar participants to see this. And I’m gonna start by focusing really largely on our dashboard. We’ve gone over this before but we’re gonna focus on a few numbers. Our 32,000 is our total outstanding accounts receivable. Those are the insurance charges that have either just been submitted or I don’t care if they were submitted ten years ago. If they still have a balance on them they’re gonna show show up here. Then we break those numbers down into buckets, 26,000, 4,600, and zero. I’ve talked about this on this program before but we like to measure how long it takes for a practice to get paid. If that practice is getting paid in 30 days, everything is great. If that practice is getting paid in 30 days, everything is great. That practice is not getting paid in 30 days and we have our 120-day bucket, meaning those charges, you know, our date of service from over 120 days ago, we get worried. Not just a little worried, we know that the likelihood of collecting on those claims goes way, way down. So today, we’re gonna talk about how to address the total outstanding backlogs that comprises an accounts receivable of 32,419. When I was on the phone with our hypothetical, Jessica, who is a real person in Texas, I asked her the question. I wish you could have been on this phone call, it was great because her answer made a lot of sense and I’d like to move our discussion and look at those particular claims. I asked her, “Well, how do you know which claims are gonna follow up on?” She goes, “I always work the hardest ones first.” That’s surprising, right? I can see the
Genesis Chiropractic Software Releases a New Care Plan Solution for Chiropractors
Automated Care Plan Management Software Is Now Available with Genesis Chiropractic Software Genesis Chiropractic Software helps practice owners automate patient care planning and monitoring. Their Care Plan software creates an agreement between the practice owner and the patient that automatically manages all five aspects of the patient care plan, including financial, scheduling, monitoring, notification, and projections. According to Dr. Brian Capra, President of Genesis Chiropractic Software, design and tracking a comprehensive care plan is very complex. “Patient will not commit to care if they cannot easily understand their financial commitment. As importantly, chiropractic office owners must stay compliant by charging, adjusting, and writing off the correct amounts. In our experience, insurance companies leverage any opportunity to delay longer and underpay more insurance claims. We leverage the cloud, billing experts, and Artificial Intelligence to create an effective and easy to use individual patient care plan,” says Capra. About Genesis Chiropractic Software by Billing Precision, LLC: Genesis Chiropractic Software by Billing Precision was designed by chiropractic business owners with both patient experience and practice profitability in mind. Genesis chiropractic software provides a complete chiropractic practice management system that supports every role in a busy chiropractic practice, from the owner and practitioners to the front desk and back office. It automates the vast majority of standard tasks, including patient relationship management, revenue cycle management, compliance and office management. Its exclusive workflow functionality continuously improves productivity, control and predictability, fostering teamwork and time savings, which leads to greater profitability and practice growth.
Increase Collections In Your Chiropractic Office
Use Payor Allowed Amounts to Increase Collections Increase collections from insurance companies by viewing this free 30 minute webinar. See how to use Payor Allowed Amounts to check if you have been paid on-time and in full for your services by the insurance companies. This built-in feature of our Genesis Chiropractic Software shows what you’re supposed to be paid for various CPT codes that you bill out. Use this to actually see what you were paid and then you can see if it’s an underpayment or not. Insurance companies are known to underpay by “mistake” as they try to keep money that should be paid to your Chiropractic practice. If an underpayment is detected then the claim can be sent to your billing team for follow-up with that insurance company. Let them get to the bottom of it for you. Watch the webinar immediately right on this page. Read the transcript: Jason: Welcome to those who are just joining, we are going to start in just a moment here. Waiting just for a few more people to jump from the web section to the audio section and then we’ll get today’s webinar started. Thanks for joining us. You’ll notice that you’re all muted and we ask that you check your questions in so that we can answer them as the webinar goes on. We’re going to start, we’re going to spend about 10 to 15 minutes on our topic today which is Collections, very specific to Collections, the Payer Allowed feature in our system, and we’ll talk about why it’s important and then we’ll open this up to any type of question that you might have after that. So, I’m looking forward and we’ll give you…actually it’s 2:05 now, Jessica. Let’s get started. So, my name is Jason Barnes, chief operations officer here and this is starting to sound like a broken record, isn’t it? Jessica: A little bit. Jason: As always. Jessica Pancost [SP], the head of our training and help desk team here at our organization, is co-hosting. So, today we are talking about a topic near and dear to pretty much every practice owner that we have and then a whole bunch of staff who are directly impacted by collections. And so, today we’re talking about collections, so we’re going to spend a little bit of the time talking, not necessarily about why collections are important, I think that one’s self-explanatory unless you want to spend some time on that Jess? Jessica: No. Jason: You’re good? but we want to talk about how to measure collections. Want to talk about how to break it down in two separate areas where a practice owner can make sure A, all their visits are getting paid, and B, all the visits are getting paid the right amount. Today, we’re going to primarily focus on the second of the two problems we discussed. The first problem of making sure all visits are getting paid, it’s not necessarily a simple problem to solve. However, we will spend just a moment in a broad stroke on how we approach that, and it has to do with our dashboard. You can see here that I’ve blown up one of the most important parts of our home screen and it’s the dashboard, here of course, in our dummy practice where we’re going to look at collections month to date, total outstanding accounts receivable, meaning all of the charges that need to be followed up on from an insurance perspective, and then we break down those accounts receivable into three separate buckets. The accounts receivable will be on 30 days, beyond 60 days and beyond 120 days. So, in this particular case, there are $32,419 total outstanding accounts receivable, $26,000, $6,000 and then zero dollars beyond 120 Days. We break this into percentages so that folks can measure, not only compared to themselves, but to the industry, how well they’re doing at making sure all visits are getting paid. Good question, Jess. “How do I know if my accounts receivable is really low and all our visits are getting paid?” It basically translates into if you have a visit that’s not paid, that’s sitting out there past 120 days, the likelihood of collecting on it, I don’t care if it’s from a patient or an insurance company, goes down significantly. Your goal as a practice owner should be to monitor this number. This zero dollars is unheard of, but it happens, and we can start talking about ways that it happens in this webinar series, but this is a great indication that you’re getting all of your visits paid. If your accounts receivable over 120 days is very, very low, one, two percent, it means that you’re getting 98%, 99% of your visits paid. And the rest of them are either getting written off, appropriately we hope, but there’s ways of tracking that as well or they’re being moved into a paid status which is the ultimate goal. So, if you know that your visits are getting paid, and again that’s not where we’re going to be spending the bulk of our time today, the other one is, “Are your visits getting paid the right amount?” And I ask a bunch of interrogative questions today want to go over the answers to them. What is the right amount? Jess, how does, you’re talking to somebody about collections, do you have any idea, you know, to tell them if they’re getting paid the right amount for their CPT codes? Jessica: No. Jason: Why not? Jessica: I don’t know [inaudible 00:04:37], but different contracts and different states and everyone gets paid… Jason: Its complicated, it’s a complicated answer and the first thing we want to let all of our providers know is if it doesn’t seem simple for you, that’s correct, you’re not in a simple industry. What I need to establish before we start looking into this is it’s meant to be confusing, it’s meant to not
