HealthCare Services

A Healthcare Consulting Firm for the Modern Provider

P3 Healthcare Solutions has achieved significant milestones in a short time. Usually, it takes time for companies to strengthen their footing and be popular among their consumers. But, P3Care only took three years to come this far. We assist healthcare providers’ ace their billing process and accomplish other health IT tasks for them. Good performances speak for themselves. They add to our reputation on account of consistency and discipline.

Other healthcare services providers started small but made out big in only a few years. The P3Care healthcare consulting firm is one of them and stands proud yet humble. Being generous comes with the job. It is almost like an occupational hazard but, again, not everyone makes it a priority.

We are living in a digital age, and since certified EHR technology is very much part of the system, healthcare IT consultants are an integral part of it. P3Care are HIT consultants who have gone the distance for the sake of providers and worked hard to retrieve payments from the insurance companies. The necessary infrastructure of P3Care depends upon providers, patients, and payers. Setting up a correct workflow and financial understanding among the three is one of the core functions of this formidable healthcare consulting firm.

We are going to dive into the activities we do here at P3Care.

P3 Healthcare Consulting Firm Affects the Revenue Cycle in 3 Ways

MEDICAL BILLING SERVICES

ESTIMATE TO REACH USD 16.9 BILLION BY 2024

DEMAND FOR MEDICAL BILLING SERVICES

Claim Acceptance Rate

Coding Accuracy

Billing and Reconciliation

Verification

Services

MEDICAL BILLING AND CODING

HEALTHCARE CONSULTING FIRM FOR THE MODERN PROVIDER

CREDENTIALING SERVICES

FREE CONSULTATION

CODING REVIEW & AUDIT

REVENUE CYCLE MANAGEMENT

ICD-10 TRAINING

Medical Billing Audit

We have to see this step through to confirm what is missing. If the steps are being followed, then why are there the revenue cycle hiccups. As soon as we find the root of the problem, we try fixing it by eliminating all the obstacles coming in its way. Sometimes the process needs a push because submitting the claims after 24 hours can easily delay the process.

As a healthcare consulting firm, we give our consultancy, and if it is satisfactory enough for the providers, we gladly welcome them on board to handle their revenue cycle management (RCM) process, as flawlessly as we can.

Accounts Receivable Management

It holds primary importance in the medical billing process. As a healthcare services provider, we must retrieve payments against the pending claims and don’t let the ARs pile up. After the eligibility and patient verification, the claim is on its way to preparation. Once it is created and gone through a couple of times to remove any mistakes, it is sent to the clearinghouse. Clearinghouse decides whether the claim is clean or not. If it is clean, it is clear to be reimbursed by the insurance company.

The most critical aspect of AR management is HIPAA compliance. Since HIPAA Security Rule is in full effect, as a healthcare payment services provider, P3 Healthcare Solutions ensures safe passage for PHI. Protected Health Information contains sensitive information, and if there is a breach at the provider or the medical billing service’s end, Department for Health and Human Services (DHHS) imposes harsh penalties. Even if you pay up your fines, the reputation is a one-time affair, and HIPAA violations directly affect a practice’s reputation.

Medical Billing & Coding Specialists

We have the right medical billing & coding specialists at work here. Executing error-free claims for first-time acceptance makes us unique and prominent among other medical billing companies. P3Care maintains a strict policy when it comes to PHI handling. All the encryptions and passwords are in place, as it takes charge of the sensitive information from the beginning and observes it on every step until the payments are received. When necessary, PHI disposal happens according to HIPAA regulations.

For the claim to sail through the insurance company, the medical coders keep in touch with the latest CMS guidelines, the recent being the ICD-10 coding version. Even after strict supervision of claims, denials do happen. In case of a denial, the mistakes are dealt with, and claims are resubmitted without wasting any time.

Providers expect us to deliver instantly without any delay. We also want to deliver results for them as quickly as we can. However, the process of reimbursement is itself time intensive. The Merit-based Incentive Payment System (MIPS) is proving to be a healthy change, contributing more towards the value-based care. All the performance categories – Quality, Advancing Care Information (ACI), Improvement Activities (IA), and Cost affects the patient outcomes in a positive way. The year 2018 is the second performance year, and P3Care has become a MIPS Qualified Registry successively in the years 2017 and 2018.

HOW DOES P3CARE INFLUENCE PROVIDERS?

QPP MIPS Quality Reporting

By selecting the MIPS Qualified Registry method to report MIPS, P3Care is pro in getting you through to a decent MIPS Final Score. A better composite performance score (CPS) is what you are aiming at, and we are working hard on. It mutually adds to the reputation for both of us. Moreover, the final MIPS score depicts the amount of payment you receive afterward. P3 pushes for maximum scores for you so that you become eligible for bonus payments.

Report Promoting Interoperability

With Meaningful Use (MU), previously, and, now, Promoting Interoperability (PI), the US healthcare industry aims to improve quality of care and reduce cost. Why was it necessary? Because healthcare expenditures have been on the rise, and Quality reporting had to be done to cut down on the soaring prices. The transition to value-based care once achieve will optimize healthcare and calm the demon of overwhelming healthcare expenses.

Medical Credentialing Provider

We maximize support for providers regarding enrollment & credentialing. Medical credentialing is not an easy process. Verification of healthcare providers takes time, but our professional health IT consultants have the skills to oversee the process. Taking charge of the situation and submitting the enrollment form yourself to the office of CMS is not a wise move. There needs to be an intermediary – A Medicare Fee-For-Service contractor. This is where come in.

Billing for Specialties

If you are a specialist, it would be helpful to contact us for your billing needs. We work for all specialties besides general physicians. It is the confidence to create accurate claims and years of experience that speaks on our behalf. All we want to do is to increase your collections and reduce your accounts receivable. Whether it is percentage-based payment or flat-fee billing, we select the billing method most suitable to both parties. Let’s speed up the RCM process together.

Check Your MIPS Eligibility

You may run by us to check eligibility in the MIPS compliance program. All you have to do is visit our homepage and hit the get started button. Once that happens, you are going to click through the options, finally reaching a form that requests you to share with us your NPI, contact person’s name, and phone number to get a callback. If you don’t see a way out, shoot us an email, and we’ll reply instantly. In addition to that, we know how to report MIPS data accurately.

Streamline Practice Workflow

As a healthcare consulting firm, we make use of health IT to assist our clients in everybody’s best interest. It is like we are helping ourselves while easing your workload because it may give a break to someone who needs your care the most. P3’s helping hand streamlines workflows and cash flows for medical professionals in the right balance. In-house insurance billing certainly creates an atmosphere of distraction in ongoing care coordination efforts.

HealthCare Services

A Healthcare Consulting Firm for the Modern Provider

Medical Billing Audit

Accounts Receivable Management

Medical Billing & Coding Specialists

HOW DOES P3CARE INFLUENCE PROVIDERS?

QPP MIPS Quality Reporting

Report Promoting Interoperability

Medical Credentialing Provider

Billing for Specialties

Check Your MIPS Eligibility

Streamline Practice Workflow

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Dear Clinicians,

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