At Info Hub Consultancy (ICS) Services, we understand the importance of efficient and cost-effective healthcare operations. That’s why we offer a Full Time Equivalent (FTE) model to support medical practices and facilities in managing their daily operations.
Pricing Models Medical Billing Companies Generally Practice -
Medical billing companies generally use two pricing models: the transaction-based model and the FTE model. In the transaction-based model, the company charges a fee for each medical billing transaction they process. In contrast, the FTE model provides medical practices and facilities with a dedicated team of healthcare professionals who work full-time on their behalf, for a fixed monthly fee.
How Does the FTE Model Work?
The FTE model is a staffing solution that provides medical practices and facilities with a dedicated team of healthcare professionals who work full-time on their behalf. The team is comprised of experienced medical billing specialists, coding experts, and administrative support staff, who are dedicated to ensuring that healthcare operations run smoothly and efficiently. With the FTE model, practices and facilities can benefit from having a dedicated team of professionals who are fully trained and equipped to handle their specific needs.
Why Full-Time Equivalent Model?
The FTE model is a flexible solution that allows practices and facilities to scale their operations as needed. Whether a practice needs additional support during busy periods or wants to streamline their operations permanently, the FTE model can be adjusted to meet their specific requirements. It also helps medical practices and facilities save time and resources by outsourcing the administrative aspects of their operations to a dedicated team of professionals.
Why Info Hub Consultancy (ICS) Services for the FTE Model?
At Info Hub Consultancy (ICS) Services, we pride ourselves on delivering exceptional services and support to our clients. Our team of professionals is highly trained and experienced, and they are committed to providing the highest quality of care to patients. Our FTE model is designed to provide medical practices and facilities with a comprehensive solution that meets their specific needs and requirements.
You can enjoy all these benefits with Info Hub Consultancy (ICS) Services at just $7.5 per hour!
How the FTE Model Will Benefit You
The FTE price concept is rather straightforward. You can charge an hourly rate or the more popular monthly FTE price.
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Cost Effective
Healthcare practices can reduce expenses by just hiring staff they require to boost income. The FTE model gives your clients the choice of recruiting resources who can strengthen current processes, or provide interim support rather than hiring an entire team.
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Saves Time
The last thing you want to hear on the phone when you need to rapidly speak about denied claims is lounge music. Never have your clients experience that. The FTE model enables clients to easily communicate with a particular group of resources that are deployed specifically for them. This significantly reduces the amount of time spent on correspondence, back and forth, and emails.
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Easy Tracking
Reports are simple to obtain while working with a small team since your clients will find it easy to monitor productivity indicators, obtain work reports on demand, and monitor the development of their revenue cycle activities. Instead of perplexing Excel sheets delivered on a regular basis, clients will only need to examine daily work reports of the team, which makes tracking and reporting on the revenue cycle easily accessible.
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Dedicated resources
Compared to an entire organisation, a team of committed healthcare billing experts is more likely to build a connection with your client. This enables open, transparent and quick communication.
If you’re looking for a cost-effective and efficient way to manage your healthcare operations, consider the Full Time Equivalent (FTE) model from Info Hub Consultancy (ICS) Services. Our team of experts is here to help you navigate the complex world of healthcare and ensure that your operations run smoothly and efficiently.