Physician Billing Services – Maximize Your Practice’s Revenue
Professional medical billing companies provide well-organized medical billing services for physicians, thereby reducing their managerial responsibilities and enabling them to focus on their core treatment activities. These services help physicians to claim reimbursements on time and maximize the revenue of their practices.
Medical billing companies throughout the United States provide consistent medical billing services to physicians of all specialties including cardiology, gastroenterology, radiology, dermatology, orthopedics, ophthalmology, anesthesiology, pediatrics, emergency medicine and internal medicine.
Competent Billing Services for Physicians
Professional medical billing firms are well-equipped to provide high quality physician billing services. Their panel of experts is proficient in the use of advanced techniques and billing software such as Lytec, NextGen, Medisoft, Misys, Inception, Medical Manager and more. This enables them to efficiently process medical bills and claims in both paper and electronic format and submit them promptly. Physician medical billing services include:
- Insurance enrollment
- Patient demographic entry
- CPT, HCPCS and ICD-9 coding
- Insurance verification
- Billing and reconciling of accounts
- Charge entry and payment posting
- Insurance authorization
- Account receivable follow-ups
- Collections
Efficient Professionals, High-Tech Software ensure Comprehensive Solutions
Considering the needs of hospital-based emergency physicians who deal with patients in life-threatening situations, several well-known outsourcing firms deliver customized medical billing services to meet their needs. They offer bottom-line solutions to increase their collections, reduce days in A/R and attain visibility and control over their financial trends.
The efficient medical billing and coding specialists in these firms are well-informed about the latest medical billing and claim processing norms. Using advanced medical billing software including Practice Admin, Eclipse, Medic, E-clinical, Lytec and so on, they accurately process all medical bills and claims. Medical billing services offered for hospital-based emergency physicians include:
- Patient enrollment
- Insurance authorizations and insurance verification
- Medical coding
- AR follow-up and collection
- Billing and reconciling of accounts
- Scheduling and rescheduling
- Charge entry and payment posting
Advantages of Physician Medical Billing Services
Hospital-based emergency physicians who outsource their medical billing procedures can save time, effort and the expense that would be needed to do the job in-house. They can submit their medical claims within the stipulated time, and absolutely eliminate claim denials and rejections. Structured medical billing services help physicians to reduce voluminous paperwork in their practices. They can also minimize the investment needed for maintaining an in-house medical billing infrastructure. The specific benefits that these services offer include:
- Reduces chances of claim denials and rejections
- Saves time and effort
- Maximizes income
- Exceptional data security and confidentiality
- 100% HIPAA compliance
- Excellent quality assurance
- Regular reports and feedbacks
- Minimum turnaround time
- Round-the-clock technical assistance and customer care
Look For a Dependable Service Provider
Physicians intending to outsource their medical billing jobs should enlist the services of an experienced and certified full service medical billing company. Only such dependable service providers can offer the best of solutions to face their business challenges and maximize their revenue. Outsourcing medical billing tasks help hospital-based emergency physicians to reduce their workload and concentrate on their profession without concerning about other administrative functions. Besides, they can get benefited with maximum reimbursements as well.
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