Ebix Slideshow 3 11

Post on 13-Apr-2017

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Transcript of Ebix Slideshow 3 11

What we doebix provides physician billing

services for independent physician practices and clinics. In

fact, for an average client, we generate an additional 10% of

revenue per year.

Why it works ebix increases revenue in three key areas

Coding Expertise

Data Analytics

Denial Minimization

Is ebix a fit? Independent

physician practices– Not hospital

employed MD’s– 80% of clients did

their own billing– Minimum of $15,000

monthly receipts

Clients we work with– Emergency Dept.– Radiology– Imaging Centers– Urgent Care– Hospitalists– Cardiology– Surgery– Internal Medicine

Benefits

Increase average charge 10-15%

Increase average receipt 10% Decrease days outstanding

15-30 days

Coding Expertise

Coding expertise

Denial Minimization

Data Analytics

Case Study Emergency Medicine Practice, Wisconsin

– Six-doctor and four mid-level (NPs and PAs)– Utilizing another billing service– No provider education led to decreased revenue

ebix’s impact Increased charges 26% with more accurate coding Increased monthly revenue 22% Accounts receivable days outstanding decreased 10

days

Qualifications 35 years in business Regional expertise 22 Certified Professional Coders

(CPC’s) In-house Information Technology

Department (IT)