$50,000 Collections/M
Staring 4.99 % / Month
$50,000 – $100,000
Collections/M
Starting 3.99% / Month
$100,000 – $500,000
Collections/M
Starting 2.99% / Month
$500,000+
Collections/M
Starting 2.49% / Month
Inputting information about the medical services provided to patients into the billing system.
Charge Entry:
Assigning the correct medical codes (CPT, ICD-10, HCPCS) to diagnoses, treatments, and procedures.
Coding:
Sending insurance claims to payers (insurance companies, government programs, etc.) electronically or via paper.
Claims Submission:
Tracking and posting payments received from insurance companies or patients into the provider's accounts.
Payment Posting:
Addressing rejected or denied claims by appealing or correcting errors to ensure payment.
Denial Management:
Ensuring that payments are collected from insurance companies or patients, following up on outstanding claims, and resolving any issues preventing payment.
Accounts Receivable Follow-up:
Generating and sending bills to patients for any outstanding balances after insurance payments.
Patient Billing:
Ensuring that the billing process complies with legal regulations (such as HIPAA and the Affordable Care Act) and generating financial reports for the healthcare provider.
