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Optimal Collections through Streamlined Physician Billing
‘The Medical Billing’ (TMB) has a long history of offering hassle-free offshore physician billing services to practices of all sizes. We use this knowledge to create a billing process that appropriately compensates your practice in the shortest period possible.
To eliminate redundancies across your revenue cycle, we combine the knowledge of our senior accounts receivables team with advanced technologies. We optimize the entire physician billing services, from doctors billing through claims processing, collection to denials management, to provide maximum financial returns.
The Secret Sauce of Our Success: A Well-Defined Physician Medical Billing Process
The following is an outline of our thorough and well-defined physician billing process:
Diagnosis Coding
Dictation and EHR template evaluation and analysis by AAPC certified coders skilled in HCPCS, CPT, ICD-9, and ICD-10 are included in our full medical coding services. We also help with surgical dictation coding.
Submission and Tracking of Claims
To ensure prompt reimbursement, we submit claims online every day.
Insurance Verification & Authorization Alert
To determine if a patient is eligible for insurance, we do batch and real-time eligibility checks. In circumstances where the previous authorization is required, we also take care of it.
Credentialing
This includes keeping track of paper and electronic applications, as well as delivering paperwork to facilities and payers.
Aggressive Claims Denial Management
This includes pursuing delinquent claim payers, filing appeals on underpaid and denied claims, and preparing financial, billing, insurance, and aging reports, among other things.
Posting Payments
Payments are reviewed and posted to the patient’s account. We also keep an eye on the EOB.
Patient Balance Follow-up
Patients with unpaid bills receive statements. Reminders are also sent directly to patients.
TMB is More Than Just a Billing Service for Physicians
TMB simply provides the greatest services available to help you increase your practice’s earnings. Use our expertise and experience to help you optimize your practice and maintain a consistent cash flow. Our physician billing outsourcing services provide the following features:
Integrated Practice Management
Using our cutting-edge medical Practice Management System, keep track of the day-to-day specifics of your practice. The technology is reasonably priced and available at a low cost to clients that utilize our medical billing service. Patient registration and appointment scheduling with a single physician or numerous physicians distributed across different locations are included in this service. Insurance Verification, Patient Check-In/Out, Encounter Forms, a text and email-based Recall System, and itemized receipts are among the other features of this service. These features make the service appealing to physicians who are trying to streamline their practice’s operations.
Physicians who use the PM system have complete access to all of their practice’s work, which helps to reduce clerical errors by providing a single data pool to both the front office and billing personnel. Our billing services are also less expensive because we have easy access to precise patient data.
Seamless Integration With Any EMR
Our PM system can be linked to practically any top-tier EMR system, allowing clients to use the connectivity to ensure that they are practices run smoothly. Patient demographics and appointment information are sent to the associated EMR, and data relating to charges is received automatically without the need for operators to intervene.
Why Choose TMB for Physician Billing Services?
You can profit from the following when you outsource physician billing services to a professional medical billing business like TMB:
Accurate and On-Time Billing
Collections are handled promptly and thoroughly to guarantee that payments owed from patients and insurance companies are paid within the time frames set by customers.
State of the Art Record Management
To guarantee that charges and payments do not fall between the cracks, records are meticulously maintained and industry-leading methods and technologies are used.
Efficient Follow Up of Aged Claims
Aging claims are looked through regularly, and they are followed upon to ensure that payments are made within the time limitations indicated. Secondary claims are processed in a controlled manner so that they are sent soon after the initial claim is paid, and patient statements are prepared and provided regularly.
Detailed Examination of Each Claim
Every claim is matched with a payable diagnosis, and in the event of a refusal, we conduct rigorous investigations to guarantee the appeal is successful. Our service is designed to ensure that billers do not overlook claims and that they are addressed in a timely way so that they can be paid.
Excellent Customer Service
Our customer service is available at all times throughout business hours to assist patients with their accounts and to guarantee that they have a pleasant and pleasant experience.
Electronic Processing, Cloud Scanning, and Storage
While records are scanned via the web and saved in the cloud, our reliance on efficient and faster electronic claim processing reduces the revenue cycle.
Staff with a High Level of Experience
We have employees that have been educated in a range of software and hardware and can handle both contemporary electronic and older paper claims. Billing, coding, account keeping, collections, calculating worker compensation, aging, contract administration, and credentialing are all areas where the staff excels.
Personalized Attention to Client Needs
Every customer is allocated a senior staff member who ensures that any issues and suggestions are promptly addressed and forwarded to a team of professionals that aid in information collecting and problem-solving. As a result, physicians gain from the knowledge of various members of a team, which has been filtered by managers and specialists.
Exceptionally Low Rejection Rates
Our rejection rates are minimal, and we have a system of checks and balances in place, as well as a cleaning process, to ensure that claims are paid without unnecessary effort on the side of doctors and practices.
Other Advantages of Using TMB for Physician Billing Services
- Professionals with at least 6 years of experience handle billing processes.
- In A/R, there will be a guaranteed decrease in average days.
- A process with clearly defined rules and complete openness
- The average collection time is less than 30 days.
- Workflows and integration with existing practice management systems
- Accounts that are past due are handled efficiently.
- Customizable reports are available in real-time, 24 hours a day, 7 days a week, to help you better understand your practice’s performance and trends.
- Account checks regularly to discover areas for improvement
When you outsource physicians billing services to ‘The Medical Billing’ (TMB), you’ll be working with a medical billing agency that specializes in streamlining all aspects of medical billing and coding.
Contact us today to learn more about the benefits of outsourcing your physician’s billing and coding to ‘The Medical Billing’ (TMB).
