Medical billing for Small Practices
MedStar Billing Services is an ideal billing solution for small practices, as they can maximize your reimbursements by minimizing denials or rejections.
Regulatory changes
The billing landscape is diverse, as there is always regulatory change that can affect the stability of a small practice. Our billing professionals stay updated with the latest rules and regulations and payer policies. Hence, your practice's financial performance never collapses, and you keep getting the maximized revenue that never ends.
Claim filing
Due to the increased administrative burden, healthcare providers face difficulty in filing clean claims on accurate time. They usually submit the claims to the insurance networks after passing deadlines. We always consider this and prevent t, his issue by accurate and on-time clon-timing so you never run out of revenue.
Inaccuracy in coding
Coding should be performed entirely with accuracy. The inaccurate coding can affect the stability of small practices. We prevent this issue by having professional coders who accurately use the HCPCS, ICD-10, and CPOT codes for diagnoses, treatments, procedures, and services. Hence, your practice never faces any denial and generates more revenue.
Common Medical Billing Challenges for Small Practices
Reduce the Claim denials & Maximize the Reimbursements for your small practice.
We have a team of trusted and professional medical billers and coders who are strongly devoted to assisting you in handling all the billing and RCM solutions. Our medical billing services for small practices are HIPAA compliant and efficiently designed to help healthcare providers minimize administrative burdens and maximize reimbursements. Outsource the medical billing of your small practice to MedStar Billing Services and see a hassle-free increase in revenue.
Connect with our professional billing and RCM experts to thrive in the healthcare industry!
- Cutting-edge solutions
- Reduced administrative burden
- Lowered billing cost
- Claim preparation and scrubbing
- Accurate & faster claim submission
- Customized billing solutions
- Regulatory compliance
- Regular and controlled audits
Patient Registration
First, patient data is collected, including demographics, complete medical history, and all related details; after the data collection, information is verified to proceed with the billing steps.
Medical coding
Our medical coders are skilled in accurately coding the diagnoses, treatments, or procedures.
Claim submission and processing
This is crucial as it involves the client's preparation and submission to the insurance networks. Insurers then approve the claims or deny the claims.
Claim denial management
Claim denial management plays a significant role in processing claims to ensure reduced errors. They file the appeals to the insurer so they can reconsider for approval.
Payment posting
As the claims are accurately processed, the payments are posted to the accounts with the retained elements of transparency.
Reliable & Transparent Revenue Cycle Management
You may be unaware of some revenue loophole if your small practice loses revenue. MedStar Billing Services has revenue cycle management specialists who can efficiently handle your revenue cycle from data collection to payment collection. We first audit your revenue cycle and make an extensive revenue report. RCm experts then consider the KPIs and employ their strategies to enhance the revenue cycle so you get increased revenue. Book an appointment with our expert billers and coders and get the finest billing solutions for your small practice.
