Med Globe Healthcare Solutions offers comprehensive medical billing services designed to optimize your revenue cycle and ensure prompt and accurate reimbursement. Our team of experienced billing professionals is dedicated to handling all aspects of your billing process, allowing you to focus on providing quality care to your patients.
Our Medical Billing Services Include:
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Patient Demographic Entry
Accurate entry of patient demographic information is crucial for clean claims and timely payments.
- Data Collection: Gathering and verifying patient information to ensure accuracy.
- System Entry: Inputting patient demographics into the billing system to facilitate the claims process.
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Charge Entry
We ensure that all services provided are accurately captured and billed.
- Service Documentation: Reviewing clinical documentation to identify billable services.
- Code Assignment: Assigning appropriate CPT, ICD-10, and HCPCS codes based on the services provided.
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Claims Submission
Our team manages the entire claims submission process to ensure timely and accurate submission to payers.
- Electronic Claim Submission: Utilizing electronic data interchange (EDI) for fast and efficient claims submission.
- Paper Claim Submission: Handling paper submissions for payers that do not accept electronic claims.
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Payment Posting
We post all payments accurately and promptly to keep your accounts up-to-date.
- Electronic Remittance Advice (ERA) Posting: Automated posting of payments and adjustments.
- Manual Payment Posting: Accurately posting payments received by check or cash.
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Denial Management
Our proactive denial management strategies help reduce claim denials and ensure maximum reimbursement.
- Denial Analysis: Identifying common reasons for denials and implementing corrective measures.
- Appeals Processing: Preparing and submitting appeals for denied claims to recover lost revenue.
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Accounts Receivable (AR) Management
We provide diligent follow-up on outstanding claims to ensure timely payment.
- AR Follow-Up: Regular follow-up on unpaid claims to reduce days in AR.
- Patient Billing: Issuing patient statements and managing patient collections.
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Reporting and Analytics
We provide detailed financial reports and analytics to give you insights into your practice’s financial performance.
- Monthly Financial Reports: Comprehensive reports on revenue, expenses, and profitability.
- Custom Analytics: Tailored reports to meet your specific needs and help you make informed decisions.