Billing
TWO BOXES GO HERE (ATHLETICS | STUDENT HEALTH)
Using Oracle-based state of the art technology, NExTT makes documenting, tracking and reporting easy & simple. NExTT has six distinctly different software packages. Each of the software packages performs a unique function, but all reside within the same database. This allows you the ability to share important information easily and securely with other medical providers. Since NExTT is a web based software you can securely access your data from any device that has web access, allowing you to become mobile. In addition to tracking, documenting and reporting, NExTT has special functions within each software that are unique for the target group. *Vivature performs all set-up and on-boarding
Efficient and Compliant Athletic Billing
Streamlined Billing for Student Health and Counseling
USE OUR PROGRAMS FOR MAXIMUM SUCCESS
ATHLETICS
VIVATURE USES ORACLE-BASED TECHNOLOGY TO BE YOUR ONE STOP SHOP FOR SPORTS MEDICINE MANAGEMENT.
Using our Oracle-based technology, we can provide solutions for billing, claims discounting, verification of insurance and NExTT, our injury tracking software.
BILLiNG
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Get reimbursed for all the medical services performed in your training room right now
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Enter information into our SOC1, HIPAA compliant injury management system without changing your daily routine
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Turn those records into dollars
Number of Insured Athletes
Services
Total Revenue
Try out our Revenue Projection Tool
Claims Discounting
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Save money by performing re-pricing services on your medical claims
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Reduce your uninsured/out-of-network/denied claims by running them through our commercial PPO (Prefrered Provider Organization) network
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Reduce Costs by 40%-70%
Sample of Claims Discounting for Three Different Types of Schools:
BCS | D2 | JC | |
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#Uninsured Claims Charged | 1,204 | 106 | 101 |
Uninsured Claims Charged | $1,043,360 | $103,805 | $81,105 |
Amount Paid | $341,870 | $61,906 | $48,290 |
Savings | $701,790 | $41,900 | $32,815 |
% Savings | 68% | 40% | 40% |
All savings represent savings above current discounts
K-12 Concussion Database
- Baseline concussion test performed by Vivature’s medical staff for students 7th-12th grade
- Results stored in NExTT
- Test results sent to all parents
- Free for the school
- Student insurance is billed for test cost
Verification of Insurance
- Verify insurance for all student athletes
- Access coverage information i.e., deductible levels, coinsurance, co-pay information, expiration dates, etc.
- Schedule up-to-date information on student athlete insurance coverage to run at different times
Health Centers/Counselling
Vivature can add incremental revenue to your budget and save students money by billing a student’s private health insurance on your behalf.
We make it possible for you to not only bill insurance companies, but also to do so as in-network providers. This sustainable funding source is provided at no cost to you or your students. In addition, our comprehensive software solution provides our student portal, practice management system and electronic medical records. Should you want to keep your current software we will provide he interface at no charge.
Billing Services Provided
- Credential your providers with insurers
- Complete all paperwork
- Teach you how to code
- Check compliance and provide ongoing coding education
- Make you more efficient so you don’t have to add staff
- Walk you through implementation
- Tailor services to meet your unique needs
- Function solely as your insurance billing arm (we are not taking over your health center)
- Develop and execute marketing and communication plans to students and parents
A Current Example of Revenue Collected from Different Size Schools Both Pubilc and Private:
Large Public | Small Public | Large Private | Small Private | |
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Student Population | 58,400 | 5,780 | 12,570 | 2,118 |
Billable Claims | 19,400 | 5,000 | 12,700 | 4,259 |
Gross Collections | $933,880 | $116,300 | $407,700 | $116,502 |
Campus Health Challenges
Your Institution is searching for ways to increase revenue without raising tuition fees.
Your university leadership and governing body are expecting your health center to do more with less. Meanwhile, your students are expecting you to transition to digital delivery of information. If your health center can use additional revenue to expand services, limit student fee increases or avoid outsourcing, then Vivature can help.
The Vivature Guarantee
We understand the budget pressures you are facing.
That’s why we provide this contractual guarantee: NO DOLLARS WILL COME OUT OF YOUR POCKET — EVER! Rather than charge campuses upfront, Vivature absorbs all the financial risk. We realize we’ll get compensated eventually — and you’ll receive your incremental revenue — when the insurers pay. We just feel this financial arrangement helps you manage your budget better.