Medical Billing Services
12%
Average
Decrease in Denial Rates
15%
Sustained Long-Term Increase in Collections
99.7%
Adjusted
Collections Rate
30 Days
Average Days
of Account Receivable
Medical Billing Services
12%
Average
Decrease in Denial Rates
15%
Sustained Long-Term Increase in Collections
99.7%
Adjusted
Collections Rate
30 Days
Average Days
of Account Receivable
Why Svast
We have more than 2 decades expertise in revenue cycle management, also with six sigma processes using best-in-class technology.
Our Services
We provide full revenue cycle management and practice operation services for physician practices
New Practice Set-up
Appointment No show and well visit reminders
Eligibility Verification & Prior Authorization
Medical Coding
Charge Entry and Audit
Medical Billing
Svast is #1 in Medical Billing Service
Svast is #1 Medical Billing Company, we have more than 2 decades experience in medical billing services and revenue cycle management (RCM) services. We understand your practice, specialty and billing needs in detail to overcome your billing issues.
With more than 20+ years of experience in medical billing services, our experts are up to date with the latest technologies and experience to make your billing processes more efficient. We work with small practices or multi-specialties group.
Our medical billing specialists are trained, certified and ready to meet your specific billing needs. Our team works as an extension of your practice.
Our medical billing team follows Six Sigma quality process and identifies the root cause and improves the revenue cycle management workflow to improve financial performance of your practice. On average, we have helped increase the revenue of clients by 15% and reduced the account receivables to 30 days.
One Step Solution for your Medical Billing Needs
Svast is one-stop solution for your medical billing service needs. We help with new practice set-up, practice marketing, coding & charge capture, submitting claims, account receivables and managing denied claims. We help improve the overall workflow of practice operations, bring automation and help improve the patient experience.
For most practices we are able to deliver more than 15% long-term sustained increase in collections within 6 months of onboarding. We take the baseline charge and payment metrics before onboarding. Then we estimate the increase in revenue by deploying the RCM best practices and tools necessary to deliver guaranteed results. It will help you save your valuable time, decrease denial rates, increase practice revenue, enhance profit and improve cash flow.
Svast can also help with your medical coding outsourcing needs. In most cases, it results in finding codes and modifiers not being used appropriately and therefore either missing on revenue or leading to compliance risks. We have a team of medical coders for different specialties.
Svast team creates the reports at the end of the month to analyze the billing performance and discuss the improvement ideas with the practice. Our aim is to submit error-free claims, minimize denials, follow-up fast on the account receivables, and fix the root cause so that the practice financial performance improves continuously.
Our Number So For
Clients Handled
Claims Process
Google Rating
Svast is Well Known For
Medical Billing Services
Our expert medical billing specialist’s team will resolve all your billing issues to ensure you get your payments on time.
Medical Coding Services
Our medical coders ensure detailed, accurate, and timely documentation to simplify claims processing.
A/R Follow up
Our A/R Specialists team looking after denied claims and reopening them to receive maximum returns from the insurance companies.
Do you want to increase your cash flow? Talk to our Experts!!
99%
Clean claims on the First submission
24*7
Customer Support
15%
Up to / Minimum increase
In Revenue
30 Days
Average Days
of Account Receivable
Advantages of Outsourcing Medical Billing Service to Svast
Expertise:
As a Award winning medical billing company have a team of experts who specialize in medical billing and coding. Our professionals are up-to-date with the latest industry changes, regulations, and requirements, and can ensure that claims are submitted accurately and promptly.
Increased Revenue:
Outsourcing medical billing can increase revenue for healthcare providers, as professional billing company have the necessary skills and resources to ensure that claims are processed quickly and accurately, leading to faster reimbursements and fewer rejected claims.
Cost Savings:
We can reduce overhead costs for healthcare providers, as they will not need to invest in expensive billing software, hardware, or personnel. Additionally, outsourcing can allow providers to focus on patient care, rather than billing-related tasks.
Improved Compliance:
Our medical billing experts must adhere to strict HIPAA regulations, ensuring that patient information remains secure and confidential. By outsourcing medical billing, healthcare providers can ensure that they remain compliant with these regulations, reducing the risk of costly fines and legal issues.
Scalability:
Outsourcing medical billing can allow healthcare providers to scale their operations quickly and efficiently, without needing to hire additional staff or invest in new technology. This can be especially beneficial for practices experiencing rapid growth or seasonal fluctuations in patient volume.
Overall, outsourcing medical billing can help healthcare providers save time, money, and resources, while ensuring accurate and timely reimbursements and maintaining compliance with industry regulations.
What Our Clients Say
Svast did exceptional work for me. I would say to other practice managers that if your Accounts Receivable is significantly above the national benchmark percent ratio, then contact a representative of Svast.
What an incredible team! They increased our revenue by 30%! I had been struggling with staffing and consistency, but Svast took care of everything.
Frequently Asked Questions – Medical Billing Services
As a medical billing service company, we are totally compliant with HIPAA laws and regulations. Your data is secure as per HIPAA, HITECH and OIG Guidelines and we do not keep your data on any local file servers. We use market leading secured document management platform for information and data exchange.
95% of all claims are submitted to the payers within 24 hours of receipt, excluding weekends and holidays.
We make sure that your data is secure. As a medical billing service company we follow all HIPAA laws and regulations. Your data is secure as per HIPAA, HITECH and OIG Guidelines and we do not keep our data on any local file servers. We use marketing leading security system.
98% of their claims are sent out electronically.
We provide a comprehensive reporting at the end of every month that includes metrics such as charges, payments, Insurance and Patient AR, AR aging, denial patterns, payer distribution and much more.
We have a dedicated Customer Service Executive assigned to your practice. Our Customer Service Executives have more than 2 decades of billing or practice management experience and work as an extension of your practice and are always an email or a call away.