HealthSource OneRate
HealthSource OneRate -
A compreshensive package of medical business services and EHR offered for OneRate based on % of collections.
With its array of quality products and services, GroupOne has helped a variety of healthcare practices improve their workflow and bottom line. Whether it’s implementing a powerful and efficient electronic medical records solution like eClinicalWorks, or providing outsourced medical transcription, billing and coding or accounting services, GroupOne has enabled its customers to enhance specific aspects of their practice. Increasingly, however, customers are realizing the efficiency, cost-savings and other benefits of the HealthSource OneRate program - GroupOne’s integrated, end-to-end practice management solution.
A Range Of Services…Under One Roof
OneRate is designed as a comprehensive, one-stop solution for customers that wish to leverage the full range of GroupOne’s products and services. Customers that opt for OneRate get:
- Complimentary use of eClinicalWorks (eCW), the award-winning electronic medical records solution
- Comprehensive medical transcription services
- Professional coding & billing services, via the GroupOne Billing Center
- Accounts receivable and accounting services
By bundling its products and services into a single offering, GroupOne can offer special pricing and added efficiency that would not be feasible for customers of its “a la carte” services.
Key Benefits
Built-in Profit Margin. The fee for the inclusive services is straightforward and is calculated as a percentage of your organization's monthly collections. To put it simply, we don't get paid until we collect money for you. As a built-in benefit, the expenses for these services fluctuate in direct proportion to your revenue resulting in a built-in fixed profit margin %.
Shorter working capital cycle. When practice support services are not aggregated, it takes an average of about fifteen days to go from transcription, to coding, to billing. With GroupOne’s integrated OneRate program, this lag time is dramatically reduced. In fact, some OneRate customers have seen their full cash-back cycle reduced from 60 days or more, to just 35 days. This represents a 40% acceleration in getting cash back into your business.
Simple and cost-effective pricing. OneRate offers customers simplified, combined pricing that covers all included products and services, which makes planning and budgeting more predictable and straightforward. In addition, since OneRate aggregates multiple services for a practice “under one roof,” GroupOne can offer its customers attractive, bundled pricing.
Increased Accountability, Better Quality. With a single partner handling all aspects of practice management support from end-to-end, the left hand always knows what the right hand is doing! Systems and processes for the entire operation - transcription, billing, coding and accounting - are in synch with one another, resulting in better quality and fewer details falling through the cracks. Plus, the entire operation benefits from increased accountability, since there’s no more uncertainty about who’s responsible for any particular issue, process or problem.
Terrific Solution for Start-Up or New Practices. Save thousands of dollars and avoid large initial capital outlays and fixed monthly expenses related to staffing, additional costly office space, EHR and practice managment systems and computer equipment. See Built-In Profit Margin discussed above.
HITECH/Stimulus Payments. Assuming that your practice meets the final criteria established by the Secretary of HHS, your practice will be in line to qualify for the $44,000 in stimulus payments without incurring the upfront license costs related to an EHR. As your partner, GroupOne intends to assist each of our clients in the qualification process so that they are in a position to participate in the HITECH payments that become available in 2011. The fact that your practice is on a CCHIT certified EHR in eClinicalWorks and the fact that you've partnered with an EHR expert in GroupOne puts your practice ahead of the curve and in good shape to participate in the Stimulus payments. For more information on the HITECH Act, Click Here.
For more information about HealthSource OneRate Contact Us, call 800-769-5288 or email services@grouponehealthsource.com
eClinical Works - HealthSource Billing and Coding - HealthSource Transcription - HealthSouce Consulting - HealthSource OneRate - HealthSource Practice Startup and Management