IBOS specializes in collection of small balance accounts, managed care verification to payments and profit line analysis for hospitals.

We work as an extension of the hospital’s back office, integrating with the hospitals' systems and processes at no incremental cost for our services.

Our goal is to provide a positive cash flow on accounts that are currently written off due to lack of resources.

CONVERSION OF FIXED COSTS

Based on a % of collected revenue, the software gives you the ability to convert fixed costs into variable costs.

ENHANCED PRODUCTIVITY

A Shorter billing cycle leads to faster collections, lower rate of denials, increased collection per month and lower unpaid-for-bills- leading to less write offs. Leading to higher productivity and profits.

MAXIMIZE REVENUE

Our Profit Line Analysis helps the organization to maximize their revenue flow by understanding the patient and pay relations.

TOTAL CONTROL

The system provides control to the organization by providing the charge and collection data back to it on a regular schedule in addition to providing them ability to dissect and study the data in our database on a real time basis.

MANAGED CARE VERIFICATION TO PAYMENT

We computerize managed care contracts to create a billing environment. Claims are audited against the environment to ensure correctness and completeness. Supplemental bills are generated where required. Denial Management is performed for underpaid or unpaid claims.

SMALL BALANCE ACCOUNT COLLECTION

We integrate the hospitals accounts receivable systems with our collection contact centers to work the small balance accounts receivable.

PROFIT LINE ANALYSIS

We conduct an audit of each service provided to analyze the cost of providing that service as compared to the revenue generated and create a pinwheel that shows the profitability of each service.