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UFS brings solutions to your Billing and Receivables needs REVENUE CYCLE MANAGEMENT | BILLING | CONSULTING Streamline your Revenue Cycle - Reduce Accounts Receivable - Increase Collections

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Medical Billing

UFS is equipped to handle complicated medical billing processes, allowing your business to concentrate on what’s important – your patients. As your medical billing partner, UFS helps to implement best practices for patient intake, claims management, payment posting, cash handling, and more. Our billing department operates as an extension of your business office to improve your cash flow by making pre-collection calls. Your customers will appreciate the one-on-one customer service approach that UFS offers.

Credentialing

Universal Financial Systems provides doctor credentialing services for all specialties.  Our services include provider enrollment and primary source verification, as well as credentialing for allied, alternative, and complementary practitioners.  We assist with enrollment with all insurance networks including Medicare, Medicaid and commercial insurances.

Provider Compensation Modeling

The most advanced practices are moving to provider compensation models based on a combination of performance, receipts, RVU’s, industry benchmarks, and other performance-based metrics.  Our experts can train your practice on how to implement a compensation model that will be mutually beneficial and surely attract more providers.

Billing & Coding Audit

If your practice is not currently auditing its billing & coding, whether your practice performs its billing in-house or has its billing out-sourced, you may be over-coding, under-coding, losing potential revenue or out of compliance.  UFS provides various levels of billing & coding audit to fit your needs and give you peace of mind.

New Provider?
Seasoned Veteran?
New Office?
Need a Change?

UFS understand that starting your own business isn’t easy.  There’s office space, loans, financials, hiring, training, credentialing, contracting, billing, software and more!  UFS understands what it takes to start a business and it begins with a solid foundation and a trusting partnership.

Whether you’re a new provider or a seasoned provider looking to start your own venture, UFS can offer you the knowledge, support, and resources to help launch your dreams.  UFS believes in investing in its clients and aims to be more than just a medical billing company or a consultant, we want to be your financial partner.

With our vast network of resources, colleagues and professionals, UFS is equipped to help you find that office space and get you into the right hands to get you the best rate on that small business loan.  We can offer direction and support as it relates to finances, budgets, forecasting and more.

Whether you’d like to be involved in the process entirely, or would rather be completely hands-off and just see patients, UFS can help you achieve your goals!

General Business Consulting

Dealing with complex business issues isn’t easy. As your company grows, so will the issues you and your management team will face. Our experts have decades of experience managing and consulting start-ups to large, established corporate brands. Our experts can help with finance, management, IT, marketing, strategy, and more.

Billing System Analysis & Consulting

You’ve had a billing team in place for years, you suspect something is off, but you don’t know where to start, what questions to ask, how deep it goes… you just need someone to find the problems and give you solutions!

UFS provides comprehensive analysis of claims, revenue, fee schedules, staff audits, and general billing processes to identify problem areas and propose solutions to get your billing back on track!

Accounting

UFS’ accounting team helps with bookkeeping, bill payment, budgeting & forecasting, invoicing, AR management, cash flow, debt reduction strategies, custom reporting, and general best practices. Our team of accountants can help your company take control of your vendors, customers and general accounting.

SNF & LTC Billing

Is your team able to keep up with the high demands of Medicare, Medicaid and HMO SNF Billing?  Is your AR under control?  Are you writing off more than 1% of your AR each year?  UFS  has decades of experience in SNF & LTC billing and can help your practice get back on track!

Commercial Collections

UFS Commercial Collection division specializes in the recovery of past due commercial debts for all industries, helping companies reduce their AR and increase their cash flow.

Referring this bad debt to Universal Financial Systems is completely risk-free.  If we don’t collect, you don’t pay, allowing you to refer freely with no minimums or fees.

Consumer Collections

Consumer 3rd party debt collection requires knowledge of specific laws, regulations and unique file-handling requirements. UFS collectors assigned to handle this specific type of debt are trained and experienced. As tenured professionals in this specific area of debt recovery, our collectors comply with the FDCPA and all other governing regulations, both State and Federal.

Healthcare Collections

UFS is equipped to handle Medical debt, which requires different handling procedures than other types of delinquent debt. Our collectors are fully versed in understanding medical debt and are able to explain EOB’s, co-pays, and deductibles to patients. UFS works with patients and insurance companies to collect on your unpaid debts! Our compassionate approach to collections has proven results and cannot be matched.

Litigation & Judgments

UFS employs a team of Judgment Recovery Specialists and attorneys who concentrate their efforts on litigation and judgment collection. Our pre-litigation team investigates employment and identifies assets, while our legal professionals focus on wage garnishments, bank levies, and more. If you own an uncollected judgment, UFS can help you collect.

ABOUT

Universal Financial Systems is a financial services company that specializes in medical billing and Revenue Cycle Management.  Our experience includes, but is not limited to:

  • Revenue Cycle Management
  • Coding, Billing & Credentialing
  • General Consulting and more!

UFS is located in Southern California with our corporate offices in Chino HIlls, CA.  We are proud to note that we employ California associates and do not outsource overseas.  Our Medical Billing staff is a dedicated team of highly experienced professionals, ensuring the efficient billing and collection of your healthcare claims and past due debts.  All of our medical billers are also trained coders, and our healthcare collectors are trained to understand and explain medical debt. You can employ the services of Universal Financial Systems with very little risk. Our Medical Billing models are based on performance and our ability to collect for you. You will find our medical billing rates to be highly competitive and you will also benefit from a variety of included value-added services.

Contact Info

  • General: 800-837-5456 / 909-217-7190
  • Billing:    800-509-5928
  • General Fax: 877-240-7010
  • Billing Fax:    909-664-2313
  • PO Box 2439, Chino Hills, CA 91709
  • info@ufsworks.com
  • www.ufsworks.com
Contact Us

PARTNERS

UFS is proud to be a member and partner with the following organizations:

Medical Group Management Association

UFS has been an active member of the MGMA since 2013.

 

Riverside County Medical Association

UFS has been providing its services to RMCA members since 2015. RCMA members enjoy bundled pricing when combining medical billing and collections.

Orange County Medical Association

UFS has been an active and preferred vendor for the OCMA since 2014.  OCMA members enjoy a free Accounts Receivables assessment to understand their billing performance, as well as bundled savings when combining medical billing & collections.

FAQ's

Frequently Asked Questions

Why should I outsource my Medical Billing & Coding?

Medical Billing & Coding is a very complex process that requires efficiency, redundancy, and close monitoring.  Some practices would rather concentrate their efforts on seeing and managing patients than negotiating with insurance companies.

 

How do I know if my billing needs help?

The most obvious sign that you need help with your billing system is when the bank account level drops.  By the time this happens, it may be too late to recover without bringing in a professional team to correct it.

Whether your billing is in-house or outsourced, there are a number of reports that are fundamental to understanding the health of your billing system:

  • Net Collections Performance:  This measures how effective the billing team is at collecting revenue.  For every dollar that is collectable after adjustments, how much is collected?
  • Days Sales Outstanding (DSO):  This metric measures how quickly your practice is paid on its services.
  • Aging Summary:  What does your aging look like?  Do you know what to compare it against?

 

Can I have a free billing analysis performed on my billing team?

Universal Financial Systems offers a free billing analysis for all practices.  We compare your results against MGMA (Medical Group Management Association) benchmarks,  allowing you to know where your billing system stands.

 

Why does it matter that UFS does not outsource overseas?

When it comes to Medical Billing, you get what you pay for.  Medical billing is the most important aspect of your practice, second only to the Doctors and their ability to see and treat patients.

Outsourcing overseas saves billing companies money, which translates into lower fees for the practice.  Sounds good doesn’t it?  While the practice saves initially due to lower fees, they quickly begin to suffer from inefficient follow-up on claims, increased AR, and the practice ultimately pays more due to lost revenue.

 

What does UFS charge for outsourced billing?

UFS’s fees are based on a percentage of your receipts, which encourages us to be as efficient as possible with billing processes.  UFS does not get paid unless the practice gets paid.  There are several factors that affect the billing rate, including specialty type, complexity of billing and coding, efficiency of the current systems in place, number of claims processed daily, and receipts to name a few.  Please contact UFS for more information

 

Help! My billing system is on fire!  What do I do?

Nobody changes billing systems when everything is running smoothly.  UFS typically takes on billing systems when they are in turmoil.

UFS takes a proprietary “triage approach” to help stop the bleeding and a keep the practice for losing any more money.

While it typically takes roughly 30 days to on-board a practice, UFS has been able to bring on practices in as little as 1 week.

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