There may be a million reasons why you decided to go into the medical field, but it's likely due to wanting to help people. What they don't tell you in medical school is how time-consuming billing insurance companies, and actually getting paid to do what you love, can be. With all the recent medical billing and coding updates, a medical billing company providing revenue cycle management services has become a necessity. Operating efficiently is now more a matter of survival than it is a good business sense. When partnering with Priority Medical Billing Inc., you get peace of mind that your medical billing needs are met with a human touch. PMB Inc. has built an extraordinary reputation on being responsive, flexible, and most of all, accountable. Like most reputable medical billing companies, we are also HIPAA compliant.
Priority Medical Billing Inc. has a team of dedicated and highly experienced medical billing professionals who are well-versed in all aspects of medical billing and collecting. The PMB team stresses quality over quantity to concentrate on providing the best services for each individual client.
Below are 7 ways in which outsourcing your billing to Priority Medical Billing Inc. will benefit your practice:
1. Reduce Overhead Costs:
We don't get paid unless you do.
We provide all the billing functions of an in-house billing team without all the headaches and expenses. We cover all the expenses needed to bill and collect your payments including, but not limited to, clearinghouse fees, billing software and hardware upgrades, HIPPA and HITECH compliant firewalls, and patient billing expenses. Your only responsibility is to pay a small percentage of your total collections each month. We don't get paid unless you do!
2. Eliminate Medical Billing Headaches:
We stay up to date on insurance changes.
The only thing we need from you is patient information, insurance information, either a superbill, diary, or a copy of your schedule for the day. If you already have a practice management system you like to use, PMB will work with your existing billing system. If not, we have our own billing software and clearinghouse that we will use. We will create and track all claims, submit electronically, receive electronic remittances, and generate patient statements. Claims follow-up and reviews are done either monthly or as situations arise. We will give you advice and recommendations on which insurance companies are best to work with for the specific field you are in, and we will let you know which ones may be more difficult to work with. PMB will also keep you informed of insurance changes that are coming and let you know what needs to be done before the deadline.
3.Gain Control and Stay Informed:
We keep you informed on your practice flow.
You decide what type of information you need to see and how often you would like to see it and we will figure out which report will deliver that information to you best. We send standard monthly reports at the end of every month, which will give you a complete breakdown of how your practice is doing. We can easily generate various reports you may need at any time during the month upon request. PMB will also keep you informed of any problems with patient accounts (i.e. policy terminations or inaccurate insurance information). This will allow your staff to know when they need to obtain the patient's updated insurance information or collect payment at their visit.
4.Get Paid Faster and Consistently:
You get paid faster.
All billing is entered in our system and submitted within 48 hours after it is received. We submit all claims electronically unless an insurance is unable to receive electronic claims. Our electronic claims go through several audits through our clearinghouse and are rejected for incorrect information or policy terminations within 2 days. The rejected claims are then researched, corrected, and resubmitted immediately leading to no delays in payments.
5. Increased Collections:
You receive expert analysis on your practice.
Upon our clients request, we will analyze and make insurance network recommendations that will maximize reimbursement for your practice based on our 20+ years of experience.
6.Improve Patient Satisfaction:
We keep your patients informed on their statements.
When an upset patient comes into your office, you can simply direct them to us. With our friendly, personable billing staff, we can calm down any upset patients by providing detailed explanations on why they received a bill. If a non-compliant patient calls your office about a collections notice, we will handle those calls as well.
7. Personalized Attention:
We realize every provider is different.
We know, and understand, that every provider is different. We work with YOU to figure out the best systems needed to make your billing as efficient as possible. We can help give personalized recommendations to assist you in streamlining your work flow and communications. This will help in your office operating more efficiently, and allow you to be able to focus your time and energy on patient care.
Bottom Line:
Priority Medical Billing Inc. is your best option
It is clear that working with PMB is the best, and most cost-efficient route to take in order to direct your attention to the area of your practice you enjoy most, treating patients. Choosing PMB as your billing service will reduce your stress, save you time, and lead to an increase in happy, satisfied patients. Just as you are a specialist providing services in your practice, we are specialists in medical billing. We make it a PRIORITY to provide only the best, individualized services to our clients and their patients.
Priority Medical Billing Inc. has a team of dedicated and highly experienced medical billing professionals who are well-versed in all aspects of medical billing and collecting. The PMB team stresses quality over quantity to concentrate on providing the best services for each individual client.
Below are 7 ways in which outsourcing your billing to Priority Medical Billing Inc. will benefit your practice:
1. Reduce Overhead Costs:
We don't get paid unless you do.
We provide all the billing functions of an in-house billing team without all the headaches and expenses. We cover all the expenses needed to bill and collect your payments including, but not limited to, clearinghouse fees, billing software and hardware upgrades, HIPPA and HITECH compliant firewalls, and patient billing expenses. Your only responsibility is to pay a small percentage of your total collections each month. We don't get paid unless you do!
2. Eliminate Medical Billing Headaches:
We stay up to date on insurance changes.
The only thing we need from you is patient information, insurance information, either a superbill, diary, or a copy of your schedule for the day. If you already have a practice management system you like to use, PMB will work with your existing billing system. If not, we have our own billing software and clearinghouse that we will use. We will create and track all claims, submit electronically, receive electronic remittances, and generate patient statements. Claims follow-up and reviews are done either monthly or as situations arise. We will give you advice and recommendations on which insurance companies are best to work with for the specific field you are in, and we will let you know which ones may be more difficult to work with. PMB will also keep you informed of insurance changes that are coming and let you know what needs to be done before the deadline.
3.Gain Control and Stay Informed:
We keep you informed on your practice flow.
You decide what type of information you need to see and how often you would like to see it and we will figure out which report will deliver that information to you best. We send standard monthly reports at the end of every month, which will give you a complete breakdown of how your practice is doing. We can easily generate various reports you may need at any time during the month upon request. PMB will also keep you informed of any problems with patient accounts (i.e. policy terminations or inaccurate insurance information). This will allow your staff to know when they need to obtain the patient's updated insurance information or collect payment at their visit.
4.Get Paid Faster and Consistently:
You get paid faster.
All billing is entered in our system and submitted within 48 hours after it is received. We submit all claims electronically unless an insurance is unable to receive electronic claims. Our electronic claims go through several audits through our clearinghouse and are rejected for incorrect information or policy terminations within 2 days. The rejected claims are then researched, corrected, and resubmitted immediately leading to no delays in payments.
5. Increased Collections:
You receive expert analysis on your practice.
Upon our clients request, we will analyze and make insurance network recommendations that will maximize reimbursement for your practice based on our 20+ years of experience.
6.Improve Patient Satisfaction:
We keep your patients informed on their statements.
When an upset patient comes into your office, you can simply direct them to us. With our friendly, personable billing staff, we can calm down any upset patients by providing detailed explanations on why they received a bill. If a non-compliant patient calls your office about a collections notice, we will handle those calls as well.
7. Personalized Attention:
We realize every provider is different.
We know, and understand, that every provider is different. We work with YOU to figure out the best systems needed to make your billing as efficient as possible. We can help give personalized recommendations to assist you in streamlining your work flow and communications. This will help in your office operating more efficiently, and allow you to be able to focus your time and energy on patient care.
Bottom Line:
Priority Medical Billing Inc. is your best option
It is clear that working with PMB is the best, and most cost-efficient route to take in order to direct your attention to the area of your practice you enjoy most, treating patients. Choosing PMB as your billing service will reduce your stress, save you time, and lead to an increase in happy, satisfied patients. Just as you are a specialist providing services in your practice, we are specialists in medical billing. We make it a PRIORITY to provide only the best, individualized services to our clients and their patients.
