Bureau of Medical Economics
 
 

Services

  The Bureau of Economics offers a variety of services to assist your business office with the resource consuming task of collecting your A/R. You can trust that BME will be a worthy business partner regardless of what services are provided by our agency. There are no upfront provider costs for our services and our fee is on a contingency basis where the provider is only charged when money is received.

Bad Debt Collections

  Primarily utilized for accounts over 90 days delinquent that are pursued by our collection department. Some of the professional collection activities performed are predictive dialing, automated notice sequences, credit reporting, NCOA scrubs, electronic skip tracing and litigation which is preauthorized by the client.

Early Out - Self-Pay

  Accounts coded as self-pay are assigned shortly after services are rendered and are pursued by our precollection department. Our agency resolves these accounts with efforts similar to a provider's business office. We send billing statements and contact the patient by phone to secure payment as well as bill insurance when it is determined that coverage exists.

Early Out - Insurance Claim Follow Up

  Generally used by providers after they have filed an insurance claim, our precollection department follows up with the insurance companies to bring the matter to a final conclusion by securing payment or verifying patient responsibility.

Early Out - Clean Out

  This service is usually provided in a situation where a provider has changed billing services or when a provider closes a practice. The remaining provider A/R is assigned for billing and collection follow up.

All Services Include:
  • Client Web Access to Account Information, Reports and Assigning New Accounts
  • Experienced Healthcare Collectors
  • Predictive Dialing
  • Avaya Call Center Technology
  • Internal Agency Call Recording for Quality Assurance and Compliance
  • Collector Queue Account Priority Scoring
  • Electronic Insurance Eligibility Verification and Claims Submission
  • System Wide Matching of Debtor Information
  • Electronic Skip Tracing and Asset Search Downloads
  • NCOA - USPS National Change of Address Scrubs
  • Automatic Data Transmissions to Three Major Credit Reporting Agencies
  • Electronic Chapter 13 Bankruptcy Filings
  • Credit Card Processing and Check by Phone
  • Online Debtor Payment Options
  • Accident Case Attorney Liens and Estate Filings
  • Full Service Legal Department

Copyright © 2008 Bureau of Medical Economics. All Rights Reserved.