GPS coordinates: lat: -25.782724 - lng: 28.278605

LS Practice Solutions

Address:

Building 7, Glen Manor Office Park, 134 Frikkie De Beer Street, 0081 Pretoria

Telephone:

0620679958

Opening hours

Monday: 08:00-17:00
Tuesday: 08:00-17:00
Wednesday: 08:00-17:00
Thursday: 08:00-17:00
Friday: 08:00-17:00
Saturday: closed
Sunday: closed

To schedule an appointment please contact our Marketing manager telephonically: 062 067 9958 during business hours or email him: marketing@lspracticesolutions.co.za

Available payment methods

Description

Any practice new or old, big or small needs efficient management of their accounts to sustain and grow. LSPS manage the medical debtors’ process in a holistic, very effective, cost efficient way, allowing you more time to focus on your practice. Our procedures are reliable. Whether it’s ICD10-, procedure - or nappi codes, modifiers, different scheme options or multiple medical aid rates, we have the expertise to apply them accurately to your specialty. We are cloud-based and therefore have real-time access to your practice database.
Allowing LS Practice Solutions to take care of account management needs, you can be sure of a step in the right direction.

Keywords

Debt Collection, Medical Billing, Reconciliation Of Payments

Company description

LSPS has on-line, real-time connectivity with most major medical aids. Reducing non-payment to the minimum and optimizing cash flow. Most of the major medical aids will pay your medical claims within 7 days of submission of these claims. The basic principles of profit and loss form the foundation for a healthy cash flow in any organization. In the medical industry administrative functions are often neglected and this could have an adverse effect on any practice. LSPS takes care of your accounts administration: You provide us with patient information and billing instructions and we submit the account to the guarantor. We can provide reports and practice statistics. LSPS renders a cost effective service and you can manage your overhead expenses with our flat rate fee structure. We submit electronically to medical aid schemes and private patients, and ensure that payments are
properly accounted for. We:
1. Supply patient information forms and transaction day sheets electronically.
2. Collect day sheets/paper statements via courier, driver and fax or email delivery as agreed upon.
3. Assess information supplied to ensure optimal revenue generation.
4. Capture and submit claims electronically.
5. Reconcile payments against claims submitted.
6. Resolve medical aid queries, do data corrections and resubmit if required.
7. Capture and allocate cash takings if required.
8. Reconcile appointments with accounts generate with payment received.
9. Provide turnover and debtors reporting after each month-end.
10. Keep a record of the process.
11. All conversations with patients & medical aids are recorded on the patient account notebook.
12. All debtor collection activities like sending sms’s, email & print of statement are automatically recorded in the patient’s account notebook.

Service Areas

All provinces of South Africa

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