Revenue Cycle Management
Patient Payments
MedBills LLC monitors co-pays as part of our comprehensive medical billing process. We evaluate whether the correct co-pay amounts were collected and, when necessary, follow up with patients professionally to secure payments. We encourage payments via check or phone, which helps reduce negative accounts receivables and improves cash flow.
Verification of Correct Coding
Many claims are initially denied due to improper coding by inexperienced or untrained staff. At MedBills LLC, our team of seasoned professionals ensures the proper use of CPT, ICD codes, and modifiers. We apply payer-specific rules, LCD, and CCI edits to ensure accurate coding and maximize reimbursements.
Coordination of Benefits with Primary and Secondary Carriers
In-house billing departments often struggle to submit claims to secondary carriers due to overwhelming workloads. MedBills LLC uses advanced technology to track primary carrier payments. Once we confirm that primary insurance has provided the correct benefits, we promptly submit claims to secondary carriers. This process has significantly increased reimbursements for our clients.
Claims Process from Start to Finish
MedBills LLC ensures that all forms are complete and contain the correct documentation. Our streamlined medical billing services include:
- Clean electronic claims filing.
- Proactive follow-up on all delinquent claims and professional claims appeals.
- Fewer errors and reduced claim rejections from carriers.
- A reliable and effective reporting system.
We maintain constant communication with our clients, paying close attention to detail and regularly sharing progress updates. Our reporting system provides data on submitted claims, appealed claims, and error corrections. Most importantly, we produce a monthly report documenting the status of your practice’s entire accounts receivable, including collections and balances beyond 30, 60, and 90 days.
Our goal is simple: let you focus on your practice while we ensure you receive the remuneration you deserve for your hard work.