Tech Med Solutions

Reliable Inpatient Billing
to Streamline
Your Revenue Cycle

Understanding the Challenges Hospitals Encounter

TMS tech Med Solutions Inpatient  Billing Services specializes in addressing the billing and Revenue Cycle Management (RCM) challenges that hospitals face, ensuring their financial stability. With our expertise and advanced EHR system, we deliver effective solutions to overcome these obstacles.

Discover The Solution

✘ Complex Billing Regulations

We understand that maintaining HIPAA compliance demands in-depth knowledge of regulations, including those related to Medicare, Medicaid, and private insurers. Our expertise ensures hospitals adhere to the necessary protocols seamlessly.

Inefficient RCM Processes

Managing the full lifecycle of patient accounts—from registration and appointment scheduling to final balance payment—can be overwhelming for hospitals due to administrative challenges. Our Hospital Billing Services streamline this process, ensuring efficiency from start to finish.

Insufficient Coding Proficiency

Accurate coding with systems like ICD-10, CPT, and HCPCS demands specialized expertise. Many hospitals lack certified coders skilled in translating medical records into these standardized codes. Our team consists of highly trained professionals proficient in these coding methods.

Real-Time Reporting Unavailable

Hospitals require in-depth analytics and reporting to gain insights into financial performance, payer mix, and reimbursement trends. TMS Tech Med Solutions Hospital Billing Services provide clear, actionable analytics and reports to support informed decision-making.

TMS Tech Med Solutions Services are the Top Choice for Hospitals

Tired of denied claims, delayed reimbursements, and handling complex
billing tasks? Discover TMS Tech Med Solutions Complete Hospital Billing Services.

Efficient Claim Processing

We make optimal use of the UB-04 claim form for hospital billing, capturing all essential details about the patient's stay, procedures, medications, and more. This guarantees a complete and accurate claim submission on the first attempt.

Precise Coding & Compliance

Our experts utilize the latest hospital billing software to apply precise CPT and HCPCS codes while ensuring compliance with coding standards and HIPAA regulations. Additionally, our patented claim scrubbing and submission optimization process proactively manages denied claims.

Patient Billing Assistance

TMS boosts patient satisfaction by delivering clear billing communication and real-time access to account details through patient portals. Our hospital billing service also includes comprehensive analytics and reporting, offering valuable insights into revenue cycle performance.

Boost Your Hospital's Revenue

✮ Pricing Starts at Just 2.49% of Monthly Collections!

TMS Tech Med Solutions provides hospital billing services at rates as low as 2.49%, offering hospitals an affordable solution to significantly boost their overall revenue.

Schedule Your Demo Today

Top Benefits of TMS Tech Med Solutions for Hospitals

Outsourcing TMS Tech Med Solutions services helps hospitals streamline complex billing operations, save time, and boost efficiency and cash flow.
Here’s how TMS Tech Med Solutions can assist

  • Prompt Account Billing
  • Real-Time Reporting
  • Accurate, Error-Free Billing
  • Improved AR Collections
  • Higher Reimbursements
  • 24/7 Customer Support
  • Scalable Services Anytime
  • Strengthened Compliance

Monitor Your Hospital's Key KPI Metrics

Accounts Receivable Days

AR days represent the time it takes to receive payment for a claim. Typically, AR days range from 30 to 70 days according to hospital benchmarks. To calculate, total credit sales are multiplied by the desired time frame, often a year

Collection Efficiency Rate

Net collection refers to the actual reimbursement for services rendered, typically the amount owed after all payer contract adjustments. It is calculated by dividing total payments by charges after approved write-offs, then multiplying by 100

Claim Denial Rate

The denial rate represents the percentage of claims denied by insurance payers. It is calculated by dividing the total number of denied claims by the total number of claims submitted within a specific period, typically a month or a quarter.

Claim Accuracy Rate

A clean claim is submitted accurately the first time, with no missing or incorrect information. It is calculated by dividing the number of clean claims by the total number of claims submitted during a specific period, typically a month or a quarter.

Let’s Find Out if We are a Good Fit for Outsourcing Medical Billing

Outsourcing medical billing can be a stressful decision, considering who will be the best fit for the job. After all, this is your revenue and you want to make sure you’re working with someone who is efficient and has the potential to not only streamline your RCM but also increase cash flow.

Contact Us