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Reporting & Analysis

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Reporting & Analysis

Buraq Medical Billing provides a customized financial reporting package that allows you to closely monitor your practice’s financial health. It also clearly demonstrates our effectiveness in maximizing your revenue collection.

Personalized Report Review

We meet with you and your designated staff to personally review each report and address any questions you may have. Our clear and concise medical billing reports are designed for easy understanding and can be customized to suit your specific financial analysis needs—including comparisons to national benchmarks.

Reporting & analysis

Stay Informed with Tailored Reports

We provide daily, weekly, and monthly reports to keep you informed on every aspect of your billing activity. As a valued client, you’ll also receive customized reports tailored to your specific needs. Our comprehensive reporting supports you in:

  • Assessing the overall financial health of your practice
  • Monitoring claim status in real time
  • Conducting accurate financial analysis and benchmarking
  • Tracking insurance payments with precision

Daily Operations Report

Our daily reports include call status, billing activity, collection receipts, gross accounts receivable (AR) as of that date, total insurance receipts, and write-offs. We ensure you have all the essential information needed to manage your daily operations efficiently.

Correcting and Resubmitting Claims

  • Edit and update the claim based on the identified issue.
  • Ensure accurate CPT/ICD-10 codes, NPI numbers, and modifiers.
  • Verify insurance policy details and patient demographics.
  • Submit the corrected claim electronically or via paper, if required.
  • Monitor for acknowledgment of receipt and adjudication.

After onboarding three new providers, we experienced a spike in outstanding claims. However, with the support of Buraq’s AR follow-up team and their efficient reporting and analysis tools, the backlog was resolved in half the time it would have taken our internal team.

Client
Lisa Rodriguez
Practice Manager, Westside Medical Group

Weekly Operations Report

Our weekly reports provide detailed insights into daily and weekly call status, billing activity, and collection performance. These reports are designed to support the smooth operation of your weekly workflow. Additionally, we offer bi-weekly phone meetings to review progress and address any concerns.

Monthly Progress Report

These reports enable us to evaluate the progress made throughout the month and identify any recurring patterns of nonpayment. We conduct monthly meetings and offer video conferencing upon request to discuss the findings and plan next steps.