Medical Billing Solutions
Is the performance of your healthcare organisation being hampered by administrative duties?
A healthcare practise may lose precious time as a result of administrative tasks including medical billing, insurance follow-ups, claims processing, and other things. Healthcare providers supply patients with vital services, and their financial operations depend on the billing process. Medical billing services that are effective are essential for both support and a profitable revenue generation cycle. By deciding to outsource your administrative needs to an established medical billing business, you will receive the most effective option.
With the appropriate medical billing services, you can guarantee lower operational costs and maximise patient care. Flatworld Solutions, a knowledgeable medical billing firm, can efficiently manage all activities associated with the medical billing process, such as adhering to HIPAA regulations or expediting the collection process. We are aware that healthcare providers experience difficulties such as missing charges, underpricing, non-reimbursed errors, coding errors, and more, which result in a sizable income loss for them each year. As a result, we have created our medical billing consulting services with the goal of avoiding discrepancies and providing precise outputs.
One of the top companies offering medical claims billing services is ours. We are aware of your particular needs and provide solutions that are specialised to your company’s needs. Among the important medical billing services we provide are the following:
Physician Billing Service
Hospital Billing Service
Dental Billing Service
Urgent Care Billing Services
Emergency Billing Service
Pharmacy Billing Service
Hospice Medical Billing Services
DME Medical Billing Service
Mental Health Medical Billing Service
Our Specialties in Medical Billing
Cardiology Medical Billing Services
Orthopedic Medical Billing Services
Neurology Medical Billing Services
Pediatric Medical Billing Services
Gynecology Medical Billing Service
Plastic Surgery Medical Billing Services
Anesthesia Medical Billing Services
Gastroenterology Medical Billing Service
Pathology Medical Billing Services
Urology Medical Billing Services
Radiology Medical Billing Service
Otolaryngology Transcription Services
We Achieve Medical Billing Processing Excellence by:
Offering a wide choice of services boosts revenue, lowers operating expenses, and billing efficiency.
Assisting you in collecting payments from clients who might not be able to pay in full at the place of service.
Tracking patient payments and frequency of payments from beginning to conclusion.
Informing patients of their payment obligations and available payment methods
Tracking account receivables, both unpaid and paid, and comparing them to prior quarters.
The process We Follow for Medical Billing
We believe in offering customers the highest calibre services in a timely manner because we are one of the top providers of medical claims processing services. This is made feasible by using a streamlined and organised procedure for handling medical claims. The essential steps in our approach are as follows:
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1. Patient Registration
The registration of the patient's information is the initial stage in medical billing services. This includes demographic information like name, birthdate, residence, and insurance data. To prevent delays or rejection, our medical billing specialists make sure that all relevant data is appropriately gathered.
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2. Charge Entry
After the patient has been registered, the physician records every action and service rendered throughout the appointment. To prevent any coding errors that can result in inaccurate invoicing, our medical billing specialists make sure that these are appropriately reported.
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3. Medical Coding
The process of converting processes and services into the proper billing codes is known as coding. To guarantee that the claims are properly reimbursed, our team of professionals makes sure that the appropriate codes are assigned to each process.
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4. Submission of Claims
Our team submits claims to the insurance companies for payment after performing medical coding and billing. To avoid claims being rejected or refused, this stage necessitates thorough follow-up and great attention to detail.
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5. Payment Posting
Our medical billing professionals record the amount paid and compare it to the claim that was initially submitted as soon as the payment is received. We make sure that the payments are accurately and swiftly processed.
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6. AR Follow and Analyzing Denials
When claims are rejected or denied, our team takes the required action to fix the problem and guarantee prompt payment. In order to pinpoint areas where the billing procedure needs to be improved, we also examine the causes of the denials.
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7. Reporting
To properly assess incoming cash flow, we analyse your electronic health records (EHR) and deliver important reports and insights. A thorough Explanation of Benefits (EOB) statement is included.