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Streamlined Medical Coding and Billing
Synova ensures accurate diagnosis codes, comprehensive compliance checks, efficient data collection, and minimizes revenue leakage.
helps with
- Reducing coding errors
- Ensuring compliance
- Maximizing revenue
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Seamless Patient Eligibility and Benefits Verification
Synova ensures accurate and timely verification of patient insurance coverage and benefits. This includes collecting essential patient information like demographics, insurance IDs, policy numbers, and coverage dates to initiate the verification process.
helps with
- Accurate insurance verification
- Reducing claim denials
- Streamlining patient coordination
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Multi-Platform Compatibility
Our advanced technology and infrastructure, including web-based SaaS and remote access solutions, seamlessly support various client platforms.
helps with
- Enhancing accessibility
- Ensuring platform flexibility
- Supporting diverse systems
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Guaranteed Consistency Between CPT Codes and Diagnoses
Synova bridges the gap between CPT codes and diagnoses, ensuring they accurately reflect the services provided and support proper reimbursement.
helps with
- Improving coding accuracy
- Ensuring proper reimbursement
- Reducing claim rejections
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Systematic Reimbursement Follow-Up
We implement comprehensive follow-up strategies to expedite and secure accurate reimbursement for your healthcare services. Our dedicated specialists conduct systematic reviews to identify potential issues such as coding errors, inadequate documentation, or billing discrepancies that might be causing payment delays or denials.
helps with
- Securing timely payments
- Identifying billing issues
- Enhancing revenue cycle management
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Coding & Billing Errors
Up to 80% of medical bills in America contain errors, which lead to a loss of over $100 billion per year.
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Streamlined Reimbursement
Slow reimbursements can disrupt your cash flow. Our efficient billing processes and follow-up procedures get you paid faster, keeping your practice financially healthy.
Compliance Made Easy
Navigating ever-changing regulations can be stressful. Our compliance experts stay up-to-date with the latest rules and guidelines minimizing your risk of audits and penalties.
Measurable Impact
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Enhanced Claim Accuracy and Efficiency
Synova streamlines clinical documentation, coding, and billing, ensuring the highest quality of submitted claims. This translates to a remarkable first-pass rate exceeding 97%.
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Maximized Revenue Capture
Synova ensures accurate and timely billing for your services, leading to optimized revenue capture and reimbursement. Efficient coding, claims submission, and billing practices empower you to achieve financial stability through improved revenue generation.
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Minimize Denials and Rejections
Synova significantly reduces claim denials and rejections by ensuring accurate coding, complete documentation, eligibility verification, and strict adherence to billing regulations. This minimization translates to improved cash flow and a lighter administrative burden.
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Focus on What Matters Most
Synova takes care of the complex and time-consuming billing tasks, allowing you to dedicate your time and energy to what matters most – providing exceptional patient care.
AI-Powered Documentation Review and Analysis
Our AI model streamlines clinical documentation review by identifying diagnoses and procedures. It interprets unstructured data in notes, converting it into structured codes and disease patterns for a comprehensive, code-level understanding of medical information.
Standardized Coding by Medical Experts
Leveraging the AI's suggestions and reviewed documentation, our medical team meticulously assigns standardized codes to represent the healthcare services, procedures, diagnoses, and treatments documented in the patient's clinical record.
Streamlined Claims Submission
With accurate medical codes in place, a claim is generated and submitted to the insurance company or payer. This claim details patient information, the medical codes for services provided, and the associated charges.
Efficient Payment Processing and Follow-Up
The insurance company processes the claim and determines the reimbursement amount, specifying charges, deductibles, co-payments, and the final payment amount. Our billing team manages denied or underpaid claims. This includes appeals, resubmissions with additional information, as well as maintaining accurate records, tracking outstanding balances, and following up on any unpaid or disputed claims.
Medical billing is the process of submitting claims to insurance companies for reimbursement of medical services provided to patients. It involves accurately coding diagnoses and procedures, verifying insurance coverage, submitting claims, and following up on payments and denials.
Absolutely. We can seamlessly integrate with most practice management systems and electronic health record (EHR) software to ensure a smooth and efficient billing workflow.
Processing medical bills is a lengthy and time-consuming procedure that involves various steps such as gathering information, creating an invoice, payment, and follow-up, among others. Synova’s team of experts manages the complex and time-consuming billing tasks, so you can focus on patient care.
In addition to handling insurance claims, we can also manage patient billing and collections. We provide clear, accurate statements to patients and follow up on outstanding balances through courteous and professional communication.
Our experienced team carefully reviews all claim denials to identify the root cause and determine the appropriate course of action. We then work diligently to resolve the issue, whether through correcting coding errors, providing additional documentation, or filing appeals with payers.
Synova’s medical billing experts continuously monitor updates and changes to coding systems, payer policies, and billing regulations. We invest in ongoing training and education to ensure our team is always operating with the latest knowledge and best practices.
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Accelerated Outcomes
Value-driven Collaboration
Compliance Assurance
Bring a change to your Healthcare Operations
A partnership with Synova gives you an inherent:
Adherence towards federal, state, and organizational compliances, as well as safeguarding patient data.
Sense of ownership and commitment towards providing value.
Focus on speed, accuracy, efficiency, and optimal outcomes.
Sense of security and transparency through periodic reporting and actionable insights.
Connect with our experts for a quick analysis and possibilities.
