Optimize your revenue in a world of declining reimbursement.

Measure your success and maximize your bottom line with Bikham Healthcare

Complete End to end RCM service
for Healthcare institutions

coverage for the procedure that you are about to perform. This eliminates all eligibility related denials and increases revenue by at least 7-10%
revenue by 10-20%. We maintain a nearly 100% success rate on first attempt HCFA and UB clearinghouse claims with WC (workers compensation) and NF (No Fault) available as well. We stay on top of all latest coding updates.
ensures timely turn around of rejections and denials. Here at Bikham, we make sure that maximum resources are allocated to the AR follow-up team so that a high number of submitted claims can be timely followed up on to enable quick action and re-working of the denials.
right from medical necessity denials, maximum benefits exhausted, additional documents required, coding related denials, patient benefit related denials, prior authorization issues, EDI issues, our team is adept at resolving and getting the denials overturned with timely, effective, affirmative follow up and extensive appeals.
and customizable appeal formats for each and every type of denial. Extensive appeals including the right information, submitted timely can have a huge impact on overturning the most complicated denials effectively.
ensure an accurate end of day statement for your staff to review and access average growth in revenue. We have a two tier quality system in place, ensuring all postings go through a level 1 and level 2 check before the final reconciliation report is generated.
We have what’s needed to help ensure getting every dollar from every patient. We handle patient statements and take calls from patients who have statement questions, also make polite calls to remind patients of their balances using all modes of communication including emails, fax, texts etc.
transparency. All reports are shared weekly. We organize monthly REM sessions with the client to make sure we lay out a clear road map, going over all aging and revenue reports, showing the client exactly what we have planned to up their collections, thus revenue growth and assessment in the coming quarter.

Why Bikham

  • Customizable RCM modules just for your business Customizable RCM modules just for your business
  • Personalized service / SPOC availability at all times Personalized service / SPOC availability at all times
  • Fixed Insurance collections percentage charge Fixed Insurance collections percentage charge
  • Complete transparency/daily/weekly reporting Complete transparency/daily/weekly reporting
  • R&D team stays on top of all AMA and other industry updates R&D team stays on top of all AMA and other industry updates
  • Complete suite of patient support services Complete suite of patient support services

Take a look at these numbers that our clients are currently experiencing

15%
See 12-15% Jump in collections
20%
20% reduction in cost to collect
18%
15-18% reduction in AR Days
8%
7-8% increase in NPR

PRIOR AUTHORIZATIONS MADE SIMPLE

Prior authorization approval and derivation is a complicated process. Bikham simplifies it by enabling healthcare providers to reduce prior authorization related workload and denials while improving cash collections with our specialized prior authorization workflow management. This includes managing the prior authorization checks, submissions, logic, and document storage, resulting in increased revenue through the reduction of preventable denials. The process is simple!

STREAMLINE YOUR WORKFLOW

We scrutinize your payor mix and track all the prior authorization requesting payors and codes; work with your internal staff and physicians to make sure we get prior-authorization for every single claim before the procedure is performed. In most cases retro auth facility is available, so our team stays on top of prior auth checks with the payors, making sure we either apply for prior auth right up-front before the procedure happens, or apply for the retro auth within the stipulated time frame.

68% reduction in time spent per account

PREVENT DENIALS

Increase your revenue by preventing prior-authorization denials. Bikham incorporates insurance specific criteria to improve your success. Our effective prior auth work flow management system enables 8-10% reduction in denials and smoothens out the AR work flow to enhance the collections graph.

10-12% increase in revenue

FASTER TURN AROUND

We route your cases to the appropriate benefits manager for a faster turnaround time in getting the pre authorization approved. Our vast experience working with the payors prior authorization departments comes in handy in this workflow. We have pre-set formats and payor specific forms in our pre auth directory. This saves time and quickens the claim processing time. Thus improving overall collections

25% faster time to decision

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Get a FREE Practice Wellness Report

Get a FREE Practice Wellness Report

This no-obligation analysis is designed to assess your current billing processes. Identify revenue opportunities and improve financial performance.

Do you have Backlogs or Aged AR?

Every practice, laboratory or healthcare institution submitting insurance claims is battling that demon called aged AR or stuck AR. These are insurance denials, rejections and other missing info related claims that you are not able to do much about, due to either being short staffed, your billing company not putting in enough efforts or resources or simply because you have too much on your plate administration wise, that the billing & aged AR took a back seat.

This is money you lost. Money that could have been collected and grown your bottom line.

We have a simple solution for achieving just that. Don’t fire your biller or your billing team. No changes in software and no additional cost to hire us. Just hand over that aged AR to us and let us collect on those un-worked denials and rejections. We get paid when you get paid on that lost / aged AR. Simple.

Our backlog recovery and Aging experts

18 years of RCM expertise, over 500 practices across the nation, a team of over 150 expert billers, pretty much taught us everything we needed to know about the most important facet of RCM – Denial Management.

Every time we took on a practice’s Billing, we made sure we set a target to reduce the denial percentage by a good 15-18% in the first quarter, and proud to say, we didn’t fail to achieve it even once. That is actually what gave birth to our credentialing & enrollment arm, because you cannot reduce a practice’s denials unless you handle their credentialing.

Here’s what our Aged AR experts prepare and do:

Prepare
Prepare
  • Assess your entire AR for the last 3 years
  • Prepare analysis on what is the collectable metric
  • Present a quarterly collection plan based on buckets
  • Allocate experienced AR resources to the project
  • Establish up a communication flow with the practice
  • Set a monthly progress reporting system with the client
Do
Do
  • Aggressive AR follow up on aged claims
  • Identifying denial reasons and classifying buckets
  • Strategizing & prioritizing work flow & timelines
  • Aggressive as well as assertive appeals submission
  • Identifying patient owed balances and planning retrieval
  • Working closely with the credentialing team
  • Working closely with the enrollment team – ERA, EDI related issues

We collect what you thought you had lost.

Hospitals are sitting on millions of aged / stuck AR that they have given up on.
Give our Aged AR experts a chance to come in, strategize and collect, what’s rightfully yours.

What Our Clients Say

Did You Know?

Associations & Accreditations

NYHIMA Association
AHIMA Accreditations
HFMA Accreditations

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