Comprehensive Billing Services
Streamlining Operations for Enhancing Reimbursements
In today’s complex healthcare environment, managing financial operations is as critical as patient care. Extended Business Office Services by AnnexMed is designed to alleviate these challenges, allowing healthcare organizations to focus on their core mission—providing exceptional care to patients.
Our Extended Business Office Services provide a comprehensive suite of solutions that address the full spectrum of revenue cycle management (RCM) needs. From handling the intricacies of accounts receivable management to resolving credit balances and winding down legacy AR, our services ensure that your financial operations are not just maintained but optimized.
By partnering with AnnexMed, healthcare providers gain access to industry-leading expertise, advanced analytics, and a dedicated team that works tirelessly to enhance financial performance. Our approach is rooted in transparency, compliance, and a deep understanding of the unique challenges faced by healthcare organizations today. Whether you’re seeking to reduce the burden of aging accounts, improve cash flow, or streamline your revenue cycle, our Extended Business Office Services offer the solutions you need to achieve sustained financial health.
AnnexMed is dedicated to delivering comprehensive Facility Coding solutions tailored to hospitals and healthcare systems across diverse service types and specialties.
Healthcare organizations often grapple with administrative stress caused by outstanding claims and delayed collections. Denials and refusals from insurance companies..
Healthcare organizations often grapple with administrative stress caused by outstanding claims and delayed collections. Denials and refusals from insurance companies..
Underpayments from payers can take a serious toll on your organization’s financial health. These shortfalls often slip through the cracks, resulting in lost revenue & lower profitability.
Denial management services serve as an indispensable pillar in upholding the financial vitality of healthcare organizations. Across the intricate landscape of the RCM process
Credit balances within healthcare organizations represent not just operational inefficiencies but also potential compliance risks. Left unaddressed, these balances can distort..
The biggest Challenge faced by growing healthcare organizations is of managing legacy accounts receivable (AR) that are no longer a focus but still require attention to avoid revenue loss.
Achieve Measurable, Proven Results
Costs Reduced
upto
45%
Reduced operational costs
DNFB Reduced
upto
32%
Reduction in DNFB accounts
Improve Productivity
upto
72%
Productivity improvement
Reduction in AR
upto
36%
Reduction in aged A/R
Improved Collections
upto
98%
Achieve net collections
Reduce Denials
upto
72%
Decrease in denial rate
Years of Experience
Specialties Served
Client Retention
FAQs in Extended Business Office
What is an extended business office (EBO) in healthcare?
An extended business office (EBO) is a specialized revenue cycle service that handles complex billing tasks such as follow-ups on unpaid claims, denial management, payment posting, AR reconciliation, and patient balance resolution on behalf of healthcare providers.
Why do healthcare providers need extended business office services?
Providers use EBO services to reduce accounts receivable days, recover more revenue from underpaid and unpaid claims, streamline cash flow, reduce administrative burden, and improve overall revenue cycle performance.
How do extended business office services reduce claim denials?
EBO teams perform proactive denial management by identifying denial patterns, submitting accurate appeals with clinical support, correcting claim errors, and implementing monitoring processes to prevent future denials.
What reporting does an extended business office provide?
EBO provides dashboards and reports on aging analysis, denial rates, appeals status, payer performance, revenue trends, and KPI tracking to give practices visibility into revenue cycle health.
What outcomes can practices expect from using extended business office services?
Practices typically see improved cash collections, lower denial rates, reduced AR days, higher recovery of unpaid claims, more accurate reporting, and less administrative burden on internal staff.
Ready to Get Started?
Whether you need full-scale support or help with just one part of the revenue cycle, AnnexMed offers modular services tailored to your most pressing needs.
Let's get started with,
- A quick discovery call to understand your goals
- Insights on how our services align with your workflows
- Guidance on compliance, turnaround, and scaling
- Option to request case study examples
Why AnnexMed?
- 20+ Years of RCM Excellence
- HIPPA Complaince Workflows
- 50+ Specialties Supported​
- U.S. Based & Offshore Hybrid Teams​
