Its been a very busy year here at HRS Inc. We added Audiology and Chiropractic billing to our list of services. Added a new hospice to our growing list of hospice companies and added Palliative Care Program consulting and billing services.
At one company we achieved the following results in 6 months!
- A 30.6% reduction in outstanding patient balances!
- In just patient balances over 90 days, the amount changed from $99,147.22 at the beginning of the contract to just $18,026.41 6 months later!
- Comparing patient and insurance balances on aging reports at the start of our contract 2015 and 6 months late, HRS Inc. recorded enough payments to show a 54.6% reduction in claims aging!
In preparation of the ICD 10 change we provided all our clients with ICD 10 codes for their top 20 diagnosis codes.
Helped 2 companies re-validate Medicare applications that had lapsed.
I can’t wait to see what the next 6 months bring!
Cheryl Schmidt, President