Doctors repeatedly acknowledge that having their staff allocate substantial time every day to bill and collect from their patients is not the highest and best use of their time. By partnering with FPC to manage your billing and collection activities, your staff’s time is freed up to focus on the most critical needs of your practice, enhancing interactions with your patients, and work on activities focused on growing your practice.
Billing and Payment Management
FPC manages insurance and patient billing and payment processing, eliminating one of the biggest headaches of running a practice. We even follow up on collections with friendly reminders, resulting in a collections rate well above the national average.
FPC billing management solutions provide the opportunity for Doctors to focus the activities and efforts of their staff on the highest and best use of their time that will promote the growth and profitability of the practice and enhance your patients experience with your practice.
- File Insurance Claims
- FPC collects, posts, and deposits all insurance payments
- Patient billing
- Friendly, consistent follow up with patients on past due accounts has resulted in collection 98.6% of funded accounts receivable
- Create and mail all monthly patient statements
- Pay all postage
- Unlimited patient access to FPC Support for any questions or needed assistance regarding their account
- Allocate staff time to what is the highest and best use of their time – serving patient needs and growing the practice
Key Benefits to Practice:
- Higher and faster collections of insurance and patient payments
- Streamline all billing and collection efforts
- Streamlined insurance claims processing
- Fewer denied claims
- Increased revenue and profitability
- Reduce collection efforts and bad debt write-off’s
- Enhanced Patient Care, and increase treatment plan acceptance.
- Free Staff time to work on increasing practice production & growing practice
- Information on patient and insurance payment status is updated and provided daily
Results:
Your staff is more able to spend the time necessary to promote the growth of the practice including scheduling and recalling patients, promoting the acceptance and scheduling of treatment plans, and marketing the practice for new patients.
Payment Processing
We help manage patient and insurance payments, eliminating one of the biggest headaches of running a practice. We even follow up on collections with friendly reminders, resulting in a collections rate above the national average.
First Pacific Corporation has provided me with financial freedom, both professionally and personally. As a business owner, the consistent and predictable cash flow that being paid weekly on production provides me with is invaluable. I like having the peace of mind that FPC is on my team, and I can count on you to keep the business side of my practice running smoothly so that my staff can focus on practice building actions. With the help of FPC, I have been able to grow my practice revenues to 3.8 million!” – DR. OFFERDAHL
