Friday, January 4, 2013

What Should You Expect from a Medical Billing Company?

Being a health care professional, you may be anxious about using the services of a medical billing company. You are not quite sure that the billing and coding firm you choose can meet your healthcare billing needs. Your concerns are genuine, but there is no need to worry overly. A healthcare billing company can be a life saver. A professional billing service provider will work as your trusted partner and help enhance your practice performance. All types of healthcare facilities including hospitals, individual physicians, nursing clinics, rehabilitation clinics, physicians' groups, acute care facilities, dental groups and long term healthcare facilities can benefit from the services provided by billing service providers.

Medical Billing Company - What to Expect

Reliable and professional medical billing services provider will work as a virtual extension of your practice. They will have the infrastructure, technology and resources to help you effectively streamline your revenue management. Partnering with the right healthcare billing company ensures:

•    Systematic and comprehensive billing services - Complete solutions include patient enrollment, payment posting, processing medical insurance claims, solving billing queries personally, scheduling of patient appointments, financial management reporting, CPT medical coding, backlog coding, charge entry, emergency room e-code assessment, AR management, effective collection of compensation; generating customized reporting, credit bureau reporting, insurance verification, insurance authorizations and more.

•    Experts at your service: A professional billing firm has billing specialists, posting teams, AAPC certified coders, and AR follow-up teams, all having years of experience in the industry. They utilize advanced technologies and the latest billing software such as Practice Admin, Medisoft, eClinicalWorks, AdvantX, Advanced MD NextGen, IDX, Lytec, and Eclipse to provide value added services. They can also work on your own billing software.

•    Better accuracy – Errors in billing and coding may lead to considerable revenue loss. Hiring a professional billing firm would ensure better accuracy in back office tasks.

•    HIPAA compliance – Billing and coding services with HIPAA compliance ensure confidentiality and security of patient information.

•    Competitive pricing – If you have chosen a professional firm, you can expect competitive pricing and savings of up to 40 percent.

•    Timely reports: A professional billing firm would provide all types of reports to keep the client updated on progress.

•    Service for all types of medical specialties – Only a professional billing firm can offer services for all major medical specialties.

How to Find an Efficient Medical Billing Company


You have to find the right medical billing company to partner with. Browse the internet and compare various service providers. Choose a billing and coding firm that can work as an extension to your practice and provide solutions within minimum turnaround time. 

8 comments:

  1. Thanks for sharing, I will bookmark and be back again

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  2. I actually enjoyed reading through this posting.Many thanks.







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  3. Great work...now you can also go for offshore medical billing.Medical Billing Offshore is like a business partner, whose focus is to increase revenues and reduce the risk of your business ..
    for more info please have a look
    Offshore Medical Billing



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  4. Informative blog, Thanks for sharing with us!
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  5. This comment has been removed by the author.

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  6. I think i found the best Article which is very useful for the people who are all need for medical billing services. thanks for sharing.
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  7. An experienced medical billing company would scrub claims to make sure they are clean before they go out the door. This will ensure timely and efficient collection of dues.
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  8. Thanks for sharing useful Information. Plutus Health Inc's urology billing professionals are well-trained and can handle the complexities of the urology billing procedure.

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