Medical Billing

Finnastra's medical billing services ensure that healthcare providers receive prompt payments for the services rendered. The organization employs a team of trained professionals who are well-versed in billing regulations and coding standards, minimizing errors that could delay reimbursements.

RCM Services

Revenue Cycle Management (RCM) services at Finnastra encompass the entire billing process from patient registration to final payment. The focus on RCM helps organizations maintain cash flow while ensuring that they comply with healthcare regulations. This comprehensive approach aids in identifying areas for improvement and enhancing operational efficiency.

Payment Posting

Efficient payment posting is vital to maintain accurate financial records. Finnastra’s experts meticulously handle payment posting to ensure that every transaction is accounted for, thereby reducing discrepancies and improving the accuracy of accounts receivable management.

Pre-Authorization

Obtaining pre-authorizations can often be a tedious task. Finnastra streamlines this process, helping healthcare providers secure necessary approvals before rendering services. This proactive approach minimizes the chances of claim denials and enhances the patient experience by ensuring that they are informed of their financial responsibilities upfront.

Medical Coding

Medical coding requires precision and expertise. Finnastra employs certified coders who accurately translate healthcare services into universally accepted codes. This not only aids in billing but also ensures compliance with regulations, preventing potential audits and penalties.

Credentialing

Credentialing is a critical component of the healthcare system. Finnastra assists providers in navigating the complex credentialing process, ensuring that they meet all requirements to practice in their respective fields. This service helps healthcare organizations avoid disruptions in patient care due to credentialing issues.

Denial Management

Handling denials can be time-consuming and frustrating for healthcare providers. Finnastra offers denial management services that identify patterns and root causes of claim denials. By addressing these issues promptly, Finnastra helps organizations recover lost revenue and improve their overall billing performance.

Accounts Receivable Management

Effective accounts receivable management is essential for a healthy revenue cycle. Finnastra utilizes advanced reporting tools and analytics to monitor receivables, ensuring that providers receive timely payments. This proactive approach minimizes days in accounts receivable and enhances cash flow.

Patient Appointment Scheduling

Streamlining patient appointment scheduling is another area where Finnastra excels. By implementing effective scheduling solutions, the organization ensures that practices can manage their patient load efficiently, leading to improved patient satisfaction and operational efficiency.

Eligibility & Benefits Verification

Ensuring that patients have valid insurance coverage is critical for smooth billing processes. Finnastra provides thorough eligibility and benefits verification services, allowing healthcare providers to confirm coverage before services are rendered. This step reduces the likelihood of claim denials and helps patients understand their financial responsibilities.