UNION, N.J., April 1, 2014 (HBMA Booth #201) – ClinicSpectrum,healthcare services
hybrid workflow solutions consisting of both an innovative software suite
and back-office operations, are announcing their solutions for enabling billing
companies to maximize profitability. ClinicSpectrum will showcase its automated
billing and credentialing solutions at the Healthcare Billing and
Management Association (HBMA) Spring Educational Executive Symposium, April 7th
- April 9th, 2014 in Naples, Fla., providing billing companies with solutions to
prepare now well in advance of the new October 2015 ICD-10 deadline.
“Providers will have increased denials and cash flow issues, while billing companies
will subsequently also suffer from these problems as an extension of their work
for providers,” said Vishal Gandhi, chief executive officer, ClinicSpectrum. “Between
open enrollment ending March 31, high deductibles and code denials – all despite
the change in the ICD-10 deadline – there are plenty of challenges that still exist.The
hybrid workflow solutions available exclusively from ClinicSpectrum provide a team
of back-office experts who will come in prepared to ‘save the day’ and resolve denials
issues and cash flow problems.”
ClinicSpectrum’s knowledgeable administrative team and technology solutions are
proven to reduce operational costs—up to 30 percent—and create a Collaborative Accountable
Care model for billing companies, according to Gandhi.
Next step: Automation
Available technology in today’s healthcare space adds to the burden of billing companies
because most solutions are not easy to use. ClinicSpectrum’s automated solutions
solve such problems.
ClinicSpectrum’s back office team and automated solutions can together streamline
claims entry, payment posting, accounts receivable follow
up, denials management and credentialing, as well as data migration, custom interface
and dashboard reporting.
Technology platforms for efficiency, uniformity and connectivity enabling automation
and seamless operability offered by ClinicSpectrum include:
AutoCollectSpectrum - Automating balance collection using a technology platform,
seamless messaging, decision support and rules for effective processing
CredentialingSpectrum – A complete credentialing profile module for management of
credentialing and re-credentialing activities with complete cloud-based documents,
management of credentialing documents, reminders on expiration of various credentials
such as CDS, DEA, License, CAQH, Board Certification, Mal Practice, and Hospital
Privileges as well as Auto-fax, Auto-email and Secure Messaging. The technology
helps companies manage Insurance Participation Agreements or its Contract.
Additionally, ClinicSpectrum’s accounts receivable follow-up service is designed
to increase revenue collection for physician offices. The process begins after the
doctor’s biller creates and sends Health Insurance Claims (electronic/ paper claims
or manual HCFA forms) to various insurance companies.
“With increased medical record requests, daily denials and lower reimbursements,
a billing company’s staff responsibilities may require extensive efforts to keep
up with existing business,” continued Gandhi. “We know billing teams know their
processes in and out. We’re here to do the work and the heavy lifting and lessen
ClinicSpectrum is a healthcare services company providing outsourcing/back-office
and technology solutions for 17+ medical billing companies, 600+ medical groups/healthcare
facilities including hospitals, and hospital medical records departments.
The company is promoted by technical experts from diversified industries. In a span
of 12 years, ClinicSpectrum has been able to transform several billing companies
and healthcare facilities nationwide with unprecedented efficiency. The company’s
strategy is to build productivity through the use of technology, highly trained
personnel who deliver results in a timely fashion, and customized consulting services.
ClinicSpectrum has created a solution for all the problems in running a medical
billing company and medical practice resulting in better clinical records, revenue
cycle, and administrative task management. For more information, e-mail Vishal@Clinicspectrum.com or visit