GETTING PAID CORRECTLY BY THIRD-PARTY PAYERS
Hey everybody this is Dr. Jay coming to you from Miami, Florida. We are here at Southeast Regional! I’m here with my good friend Mr. Brad Cost, CEO of Infinedi.
Brad and Infinedi are strategic partners with us in the mid-atlantic and all across the nation. You’re a clearinghouse but really what you are is a data and analytics company. You’ve been helping us identify where third-party payers are not paying doctors correctly.
How important is this to not only the future of chiropractic but to individual chiropractors?
You know Jay, we could stop and talk to any doctor here and one of their #1 problems they’ll tell us is “I’m not getting paid right.”
You and I know from the research that we’ve done that this is occurring all across the United States. We’ve gotta change that.
We’ve developed the technology to do that, and we’ve tested it in Jay’s area, looking for where we’re seeing bundling, where we’re seeing low payments, missed payments, etc. Maybe the payer doesn’t even know it. We have the technology today to do it.
The provider needs to get paid for the service they’re providing and the value they’re delivering.
At the end of the day, it’s virtually impossible for individual doctors to scroll through their EOBs or have their staff review their EOBs and identify small variations in payments that ultimately add up to a lot of money.
We would never be able to identify payer issues without big data and technology delivered by Infinedi.
So for all of you out there that are using a clearinghouse, time to think about this in a different way, a different strategy. Our ability to leverage Big Data collectively with Infinedi allows us to identify payer abuse and help doctors get paid.
If you have any questions, please feel free to reach out to me at [email protected] and also check out Infinedi. Brad Cost at [email protected]. Any questions that you have let one of us know and we’ll be glad to help you.