We are a reputable partner in medical billing services for healthcare providers in the USA. Our professional billing services team will accommodate multiple specialties and ensure that your practice is in compliance with HIPAA. We take care of billing complexities, giving you more time to provide quality patient care.
Over the years, we have seen how billing problems can take a lot of time and affect the money a medical practice earns. Treating patients is hard enough without the additional burden of claims, denials, and follow-ups.
P3Care is a trusted medical billing company that takes ownership of the billing in your practice. Every specialty has its own billing rules, and we make sure to always bill correctly.
When you choose us for your medical billing, we take over the management of billing, and you regain control of your cash flow.
We bill out claims, follow up and reduce denied claims, and you can focus on what is most important--your patients.
With medical billing services, the organization of patient data and billing is often done through various models or systems. Here are a few examples of each system:
Closed System: This is the most basic of the systems, and is only shared within one health care provider. Only the healthcare provider practice has access to the patient records and billing data. While this model keeps information safe, it limits the ability to communicate with another facility or practice.
Isolated System: This system is managed by the patient, very similar to a (PHR) personal health record. An isolated system is outside your provider's management, control, or connection with a healthcare provider or billing provider.
Regardless of your system, we will collect, organize, and manage all your billing records for you according to the guideline standards for your practice will improve billing accuracy for your practice and increase reimbursement.
P3care, a trusted medical billing company that delivers results across the USA. With us, you can simplify operations, reduce claim issues, and keep your revenue cycle on track.
Billing is concerned with the payment received by physicians for rendered medical services, whereas coding directly affects the cash flow. It means that healthcare organizations depend on both aspects to keep their reimbursement coming. And, if you’re not careful about the process, you will miss out on many revenue opportunities.
Denied Claims, Late Follow-Ups, and Poor AR Management are just a few reasons.
What benefits do small practices receive form external billing services?
You can have the following advantages by getting billing services from P3 Healthcare Solutions.
It is critical to have a healthy cash flow for your practice. We handle all aspects of your claims processing so reimbursement is received to you as soon as possible.
Time-sensitive claims are submitted through health IT systems with which we are compatible. Our automated systems minimize clerical errors to expedite claims processing for the billers.
Need an update on collections? Have a billing question? You can always reach out to client service for assistance with your revenue cycle.
You will receive regular reporting on your performance and day-to-day billing updates that allow you clarity on your financial state at any given time.
We take the time to review the insurance policy and verify coverage prior to the procedure - this can decrease the frequency of denials that can slow down the billing process.
When a denial of a claim is located, we will analyze the reason for the denial, make any necessary corrections, and resubmit the claim within the payer's acceptable time frame to avoid lost revenue.
Working to reduce your overall costs for billing through the removal of administrative costs using automation, which results in improved accuracy and the achievement of revenues more efficiently.
We are compliant with all HIPAA regulations regarding your billing process, and we have a process that ensures security, is constantly updated, and is compliant with HIPAA regulations.
Utilization of professional billing services provides more growth prospects for you and your staff than just a billing support model.
When experienced professionals serve as your revenue cycle team, you will see collections increase, denials decrease, and staff will have more time providing care.
With the ever-changing landscape in healthcare, it is imperative to know billing rules, payer policies, and compliance regulations. Taking advantage of an experienced billing company will allow your practice more opportunities.
P3Care will assemble billing experts by specialty; no more learning on the job for your claims staff. Reasonable variations will always exist, but simplistically, your claims will be submitted accurately, payments posted promptly, and your Receiver Account managed effectively.
Additionally, you will be able to manage your appointment scheduling to final checks, while simultaneously seeing an improvement in practice revenue with P3Care services.
The financial well-being of a clinician is just as crucial as their physical well-being. Thus, to meet the demands of the revenue cycle, we must know what rules to abide by, and understandably, only billing experts like us can manage that. Although each specialty’s general billing procedure is the same, there are typically differences between ICD-10 and CPT codes. Here our expertise comes to the rescue. The primary goal of a medical billing company is to streamline the claim creation to the point of reimbursement. And guess what, we do that with the first pass acceptance rate from the clearing house.
Managing a medical practice can be overwhelming. Let our team manage the billing component— accurately, efficiently, and in full compliance with regulations and accountability.
Reach out to P3Care Today to discuss your needs and to start engaging with a great medical billing service built around your practice.
What’s better than a medical billing company? A company that offers you automated billing and saves you hundreds of bucks on claim rejections. We have the resources to cater to such needs
Our medical billing services can support a variety of specialties, including internal medicine, cardiology, dermatology, pediatrics, and more. Our services will be tailored from the medical billing to fit your practice.
Outsourced medical billing can create efficiency and reduce errors, leading to quicker reimbursement. Moreover, your staff will be able to spend more time with patients, rather than doing paperwork.
P3Care follows every regulation and rule and all standards within the industry, well within HIPAA regulations, to maintain the security of patient information and billing.
We are timely in submitting claims by using both auto-generated tools and vetted systems to expedite the claims process while minimizing delays.
Our team investigates the denial, resolves the issue, and submits the claim back in the payer's time frame for payment to be rendered on time.
Definitely, we will send you periodic updates and customized reports so you are always aware of how your collections are performing and payments are being reimbursed.
