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Professional Billing LLC
Plymouth, United States
B
11-50 Employees
-
Key takeaway
Professional Billing, LLC is a dedicated medical billing company that manages the outsourcing needs of healthcare providers, allowing them to focus on patient care while ensuring optimal financial results. They offer a range of services, including keeping clients informed about the latest coding changes and Third Party Payor Rules.
Highlighted product
Service
Professional Billing LLC - Services
The Billing Code
Tucson, United States
B
1-10 Employees
2020
Key takeaway
The Billing Code offers specialized medical billing and coding services, emphasizing the importance of improving clinical documentation to significantly boost productivity. Their experienced team is equipped to enhance your billing efficiency.
Highlighted product
Core business
About |
About The Billing Code provides professional, expert medical billing, coding, risk adjustment and medical audit services.
Aspect Billing Solutions LLC
Middletown, United States
B
11-50 Employees
2010
Key takeaway
The company, Aspect Billing Solutions, specializes in providing high-quality medical billing and coding services that help healthcare providers optimize revenue and enhance financial performance. Their expertise ensures timely reimbursements and efficient revenue cycles, allowing healthcare professionals to focus more on patient care.
Highlighted product
Service
Medical Billing & Coding – Aspect Billing Solutions
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MCC-Medical Claims Consultants
Miami, United States
B
51-100 Employees
1993
Key takeaway
Medical Claims Consultants offers comprehensive medical billing and coding services, emphasizing their commitment to helping healthcare providers enhance patient care and satisfaction. Their team of certified experts ensures they stay current with payer and regulatory changes, providing solutions that range from charge entry to payment posting.
Highlighted product
Service
Medical Billing - Medical Claims Consultans on demand
Medical Billing Services provided by Medical Claims Consultants covers from charge entry to payment posting and payer contract review
W3Medcare
Noida, India
D
11-50 Employees
2020
Key takeaway
W3medcare offers specialized medical billing solutions and revenue management services designed to reduce costs and enhance profitability for hospitals and clinics. Their comprehensive, secure services ensure compliance with HIPAA guidelines and support continuous cash flow through end-to-end medical billing and coding.
Highlighted product
Service
Medical Billing - W3medcare
Guardian Medical Billing
Savage, United States
B
1-10 Employees
2018
Key takeaway
Flaig specializes in medical billing, offering comprehensive services for clinics and practices, including insurance verification and claims submission. Their new venture, Guardian Billing, emphasizes the importance of professional billing services for the financial health of medical practices.
Highlighted product
Service
Medical Billing Service - Guardian Billing Services
Providing a full range of medical billing and consulting services for clinics, physicians and health practices.
URS Billing Services LLC and United Recovery Service Inc
Warrenton, United States
B
11-50 Employees
1993
Key takeaway
URS is a specialized receivable management company that focuses on medical billing for healthcare organizations, offering integrated solutions to enhance revenues and manage costs effectively.
Highlighted product
Product
Medical Billing | URS Billing Services, LLC
MDBC PRO
Miami, United States
B
51-100 Employees
2015
Key takeaway
MDBC PRO specializes in medical billing and coding, offering comprehensive services that include claim submissions, denial management, and insurance verifications. Their commitment to enhancing financial health for medical practices allows clients to focus on patient care while benefiting from streamlined operations.
Highlighted product
Core business
wpr-mega-menu-item-5158 - Medical Billing Company
Medusa Healthcare Services LLC
South Windsor, United States
B
11-50 Employees
2015
Key takeaway
American Billing Service has been providing exemplary medical billing services and claims management for over 28 years, ensuring compliance with HIPAA and OIG standards. Their comprehensive revenue cycle management services, tailored to meet the specific needs of medical providers, include medical coding and transcription, all aimed at maximizing revenue and timely reimbursement.
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Service
Medical Billing Service, Florida Healthcare Billing Service, MACRA, Full-Cycle RCM
MedUSA Healthcare Services, Inc. is the best billing service provider in the USA that offers healthcare billing service, and medical billing service! For more details, please visit here www.medusahcs.com.
SJ HEALTHCARE CONSULTANCY
Plainfield, United States
B
11-50 Employees
2016
Key takeaway
S J Healthcare Consultancy emphasizes efficiency in their medical billing services, which involve the submission and follow-up of claims by healthcare providers within the U.S. health system.
Highlighted product
Core business
S J Healthcare Consultancy - Medical Billing - Business Solution
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A selection of suitable products and services provided by verified companies according to your search.
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Medical Billing and Coding
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A selection of suitable use cases for products or services provided by verified companies according to your search.
Use case
Medical Billing for Clinics & Hospital
Healthcare
Our experts leverage HealthX, our proprietary AI tool, to bring precision in charge capture, reduce the scope of errors and denials, and drive efficiency across your revenue cycle. Our workflows offer KPI analytics and tailored reporting through intelligent dashboards to give actionable insights into coding efficiency, financial performance, and compliance adherence.
Use case
Medical Billing for Clinics & Hospital
Healthcare
Our experts leverage HealthX, our proprietary AI tool, to bring precision in charge capture, reduce the scope of errors and denials, and drive efficiency across your revenue cycle. Our workflows offer KPI analytics and tailored reporting through intelligent dashboards to give actionable insights into coding efficiency, financial performance, and compliance adherence.
Medical billing is a crucial process in the healthcare industry that involves the submission and follow-up of claims to health insurance companies for reimbursement of healthcare services provided to patients. This process includes translating healthcare services into standardized codes, which represent diagnoses, procedures, and treatments. The role of medical billing providers is to ensure that healthcare practitioners receive accurate payments in a timely manner. They handle various tasks such as verifying patient insurance coverage, preparing and submitting claims, and following up on unpaid claims. By efficiently managing these aspects, medical billing services help streamline the revenue cycle for healthcare facilities, allowing them to focus on patient care.
Medical billing involves a systematic process in which healthcare providers submit claims to insurance companies for reimbursement. Initially, patient information and treatment details are collected. This data is then translated into standardized codes, like CPT and ICD-10, which represent the services rendered and the diagnoses made. Once the claims are prepared, they are submitted electronically or on paper to the respective insurance providers. The payer reviews the claim, determining the coverage and amount reimbursable based on the patient's policy. If approved, the insurance company pays the healthcare provider directly, while any remaining balance may be billed to the patient. This entire process requires accuracy and compliance with healthcare regulations to ensure timely and correct payments.
1. Increased Efficiency
Utilizing a medical billing service streamlines the billing process, allowing healthcare providers to focus more on patient care rather than administrative tasks. This can lead to faster claim submissions and reduced errors, ultimately improving the revenue cycle.
2. Expertise and Compliance
Medical billing services employ professionals who are well-versed in the complexities of healthcare regulations and coding practices. This expertise ensures that claims are accurately processed and compliant with current laws, minimizing the risk of audits and denials.
Challenges in medical billing often stem from complex regulations and codes. One significant issue is the frequent changes in healthcare regulations, making it difficult for billing providers to stay compliant. Additionally, the intricate coding system requires staff to have extensive training to avoid errors that can lead to claim denials. Another challenge is the high volume of claims that need to be processed accurately and promptly. Delays in payment can arise from incomplete or incorrect information submitted, resulting in revenue loss for healthcare providers. Furthermore, managing patient accounts and ensuring clear communication about billing can be challenging, especially with varying insurance policies and patient expectations.
1. Implement Comprehensive Training
Providing thorough training for staff involved in medical billing is essential. Regularly updating this training to include changes in coding standards and billing regulations can significantly reduce errors.
2. Utilize Advanced Software
Leveraging advanced billing software equipped with error-checking capabilities can minimize mistakes. These systems often provide real-time feedback and alerts, helping to ensure accurate coding and billing processes.
Some interesting numbers and facts about your company results for Medical Billing
Country with most fitting companies | United States |
Amount of fitting manufacturers | 4266 |
Amount of suitable service providers | 6753 |
Average amount of employees | 11-50 |
Oldest suiting company | 1993 |
Youngest suiting company | 2020 |
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Some interesting questions that has been asked about the results you have just received for Medical Billing
What are related technologies to Medical Billing?
Based on our calculations related technologies to Medical Billing are Biomedical (Red), Bioinformatics (Gold), Environmental Biotechnology (Grey), Agricultural Biotechnology (Green), Food Related Biotechnology (Yellow)
Who are Start-Ups in the field of Medical Billing?
Start-Ups who are working in Medical Billing are The Billing Code, W3Medcare
Which industries are mostly working on Medical Billing?
The most represented industries which are working in Medical Billing are Healthcare, IT, Software and Services, Other, Finance and Insurance, Medical
How does ensun find these Medical Billing Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.