Without the right medical reimbursement systems in place, practices of all sizes can struggle in maintaining consistent profits. This is especially true whenever there are deficiencies within the medical billing and coding systems that these offices use.
At Medical Bill Gurus, our medical billing specialists offer third party solutions to address and identify healthcare underpayments, claim denial issues, and provide streamlined resolutions to tackle revenue leakage and forsaken profits of medical organizations.
All businesses have the need and right to receive timely payments for services rendered to patients. While many companies in other industries get paid on the spot, the healthcare industry is another story entirely.
Delayed payments can place a considerable amount of financial stress on medical practices of all sizes, whose staff simply cannot afford to wait on medical billing revenue they are entitled to within a defined time period per prompt pay laws.
Unfortunately, many of these medical organizations do not have sufficient resources and experience on hand for coding and submitting requests for payments on a regular basis. Moreover, most growing practices simply cannot justify the overhead costs of hiring their own full-time, in-house billing specialists, particularly in comparison to third party services.
The good news is that there’s an increasing trend in outsourcing these responsibilities, and many practices have hired a third-party medical billing specialist with impressive results.
Medical Billing Process The Medical Billing Process is comprised of numerous financial complexities that can make or break the cash flow management and balance billing for claims reimbursement of a medical practice in the medical billing claim process. Whether it be processing medical claims or understanding balance billing, incident to billing for physician assistants, or …
Medical Billing Specialists Without medical billing specialists on staff and the right medical reimbursement systems in place, medical practices of all sizes can struggle in maintaining consistent profits. This is especially true whenever there are deficiencies within the medical billing and coding systems that these offices use. At Medical Bill Gurus, our medical billing specialists …
Texas Prompt Pay – Senate Bill 418 (SB 418) Timely Payment Violation Audit And Recovery A majority of all practicing medical professionals in the state of Texas are unaware of the millions of dollars in revenue leakage, and recoverable contract underpayments that insurance companies are knowingly withholding, failing to comply with Senate Bill 418 Prompt …
Physician Assistant Billing and Reimbursements In a rapidly shifting healthcare environment constantly adjusting to meet healthcare reform requirements, a thorough understanding of the physician assistant billing guidelines and physician assistant reimbursement rates of public and private payers is fundamental for broadening the revenue generated from billing physician assistant services for medical practices, as well as …