Accounting & Financial Services
CareXeon is a Healthcare MSO – Management Service Organization. We provide a holistic and low-risk financial services to reduce operational costs, while helping Hospitals to differentiate, innovate, and transform. We help providers to improve the outcomes ensuring growth and profitability.
Our financial services include:
- Book Keeping / Accounting / AR/AP
- Financial Statements preparation
- Cash-Flow Analysis and Management
- Capitation Fee Tracking
Hospitals and independent doctors have been experiencing adverse conditions, facing exceedingly stringent regulatory controls, changing payment method from fee for service to outcome-based payments. They are forced to invest in IT and a new set of workforce like scribers, ICD-10 coders, CQM/PQRS reporting teams, resulting in large capital and operating cost. There is also enormous pressure to reduce costs while adopting to new outcome based payment models. At the same time, patients and payers are becoming highly demanding.
When Times are Tough – Find Unique Ways to Keep Going.
When financial times are tough, when providers are dragged out of their core domains into non-clinical work, business process outsourcing helps to streamline operations, improve efficiency, achieve agility and lean operations. That’s why Hospitals and clinics today are increasingly finding new and sometimes unique ways to use Managed service vendors to handle their Financial Process.
Key benefits we deliver include:
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Increased revenue thru best coding practice
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Reduction in payments collection time
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Reduction in denial and resubmissions
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Tracking YTD Capitation fee earned
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Providing data to IPA, HMOs for Capitation Pay
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Practice Performance Analysis
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Improvement in productivity
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Improved Compliance
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