RENO, Nev. – Medical billing is an ongoing challenge for all healthcare entities. Specifically, in the field of anesthesiology, physicians may only see patients right before procedures or while patients are under anesthesia. Traditionally, these types of doctors do not have their own office or staff to complete their billing. As a result, the failure to provide medical records to a medical billing professional has severely delayed (or even halted) the payment process in many cases.
Unfortunately, it typically costs roughly $30,000 per year to hire a medical billing professional. Traditional medical billing services can also be expensive as a result of new HIPAA regulations that require providers to maintain a high standard of care when transporting and sending patients’ medical records.
PPJ Enterprise’s new ground-breaking medical billing software system, The Automated Biller, is a “medical billing service in a box.” The system comes with all of the equipment and the accompanying resources to bill as a professional billing service. All medical billing regulations are built into the software code so medical professionals can feel confident that medical insurance claims that are generated using The Automated Biller will be reimbursed.
Ten to 15 percent of the commission from provider reimbursements generated by a traditional medical billing service covers a variety of services. Most of these services can be handled by The Automated Biller. The system addresses initial coding and billing as well as all insurance denials. It also collects payments from patients and processes all insurance payments to match the respective patient accounts and hard and soft collections, while maintaining all insurance regulation changes to ensure timely payments.
Since The Automated Biller has capabilities above and beyond any medical billing service on the market, its price is based on what a typical medical provider would pay each year for a traditional medical billing service. Its cost includes the scanner technology, powerful database medical billing software and a secure Internet connection to meet the needs of any medical practice.
In three years, a typical anesthesiologist can pay a traditional billing service up to $225,000. The Automated Biller comes with no additional upgrade costs or Scantron printing costs during the first three years. As a result, an anesthesiologist can save at least $175,000 within three years by investing in The Automated Biller.
COMING TOMORROW: An in-depth look at the ground-breaking features offered by The Automated Biller
DISCLAIMER: As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have any questions or concerns about their individual accounts and investment choices.
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FORWARD-LOOKING STATEMENTS: Information in this release may contain statements about future expectations, plans, prospects or performance of PPJ Enterprise that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases “can be,” “expects,” “may affect,” “believed,” “estimate,” “project” and similar words and phrases are intended to identify such forward-looking statements. PPJ Enterprise cautions you that any forward-looking information provided by or on behalf of PPJ Enterprise is not a guarantee of future performance. None of the information in this press release constituted or is intended as an offer to sell securities or investment advice of any kind. PPJ Enterprise’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PPJ Enterprise’s control. In addition to those discusses in PPJ Enterprise’s press releases, public filings and statements by PPJ Enterprise’s management, including, but not limited to, PPJ Enterprise’s estimate of sufficiency of its existing capital resources, PPJ Enterprise’s ability to raise additional capital to fund future operations, PPJ Enterprise’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Enterprise’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Enterprise does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made to reflect the occurrence of unanticipated events.
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Reno, Nevada 89502
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