Medical Billing Services
We Have A Solution For Your Complex Billing Coding.
Do You Know?
According to Becker’s Hospital Review,
Up to 80% of Medical Bills
Are Faulty in the
US Healthcare Industry!
And it’s unfortunate that poor medical billing services have caused doctors to lose an estimated $125 billion each year. (Source: Equifax)
P3Care is the perfect billing company for you!
Worked with P3 for MIPS reporting for the year 2021. With P3 we didn’t have to worry about MIPS hardly at all. They took care of it. Greatly reduced all the administrative type tasks we used to have to do to report/comply with MIPS. Our MIPS preview score was near perfect and enough to qualify for the extra bonus. Overall great experience. If you are looking for help with MIPS P3 can help you out. When we would call, Jake always would be able to answer our questions and he kept us in the loop with what was going on. Great communication. Our doctors were able to feel at ease and felt confident that things were being handled regarding MIPS.
P3 Healthcare has been assisting us with MIPS submission for the last 3 years. Our trainer, Joe White has been very helpful and he answers all my questions very patiently. He is a true professional. Not only did they help us achieve our goals but even surpassed it. I highly recommend P3 Healthcare.
It has been 8months that I have been working with P3 Healthcare and I like it. They are accurate and precise. Mr. Max Tyson who is the boss is very knowledgeable and up to date about billings.They have a responsible team who have helped doctors and office managers a lot especially Michael Ross and Daniel Jackson. In general, I am so happy to work with them. I hope we will continue working for them for many years
We provide the best medical billing to physicians with many specialties across the USA. With the help of an expert team of medical billers, we deliver excellent services that add value to the revenue cycle management of medical practices without compromising the HIPAA rules and regulations.
Through experience and surveys, we know that healthcare providers stress over many things. Treating patients is one tough job already, so managing claims and keeping follow-up on accounts receivable doesn’t come in handy to many.
To help physicians with their optimized performance in this regard, the least we can do is to manage their medical billing. Every specialty has its set of rules, and we are here to come up with the perfect solution that may hinder the practice’s growth in any way. What you get by outsourcing medical billing services is satisfaction at the end of the day, as you don’t have to keep a check on every claim. A team of professionals does it for you along with timely claim submissions. And of course, you only have to take care of your patients meanwhile.
Here’s What We Do for Our Billing Clients:
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.
No matter what type of system you are used to working in, we get your records sorted as per the latest industry standards for more reimbursements.
What benefits do small practices receive form external billing services?
You can have the following advantages by getting billing services from P3 Healthcare Solutions.
The persistent cash flows act as the backbone of a system. Our Medical Billing experts put countless efforts into implementing a secure and steady RCM to get reimbursements on time.
With compatible health IT software, we submit claims at a faster pace. Alongside, modern IT solutions i.e., RPA reduces manual errors. Thus, we eliminate overheads to the fullest.
Our expert medical billers are approachable to level all your queries and concerns. Whenever you are stuck in RCM or want to review monthly collections, get devoted support from us.
In addition to preparing on-demand reports occasionally, we let you know about your financial situation by sending practice overview reports and charge submission checklists daily.
We document a report by locating structural/functional gaps in insurance and health plans. We inform providers whether the insurance plan covers the treatment/service to be performed.
Though, payers typically give 90 days for claim resubmission of denials. So, team P3Care takes prompt action to rectify errors. We inform physicians about the claims’ active status.
We have automated billing services to minimize your overheads. Meanwhile, P3Care focuses more on technology to cut down billing costs with faster and more accurate claim submissions.
P3Care gives go-to solutions for assisting ongoing changes in healthcare with time-trusted medical billing services as per the Health Insurance Portability and Accountability Act.
Only expert medical billers can fill the gap between an ordinary revenue cycle and the extraordinary one.
The difference a professional help can make in your practice growth is a lot and cannot be subsidized. In addition, the healthcare industry is a competitive one, and it’s not easy to survive unless you put your best foot forward in terms of staying put with the changing industry rules.
Therefore, we enable a medical billing system for our clients where different experts come together to compile claims as per their specialty. From scheduling patients to handling claims submissions, payment posting, and AR management, P3Care does everything.
We know that it is not just about compiling claims and sending them over to insurance companies. It’s more than that! Your claim can fall under the accounts receivable category and it is a crucial part of it. And, finding the root cause of denials and rectifying issues is what our team of experts does.
Prior Eligibility & Benefits Check
Healthcare provider enrollment
Claim submission & tracking
Rejection & Denial management
Regardless of any of the following specialties, we offer the best health IT solution for you. We will help you with revenue cycle optimization through efficient medical billing, HIPAA compliance, and MIPS reporting for incentives and bonuses.
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.
Where can I find medical billing services near me?
You can use Google to find the nearest medical billing services. Medical billing companies near you would appear, those within your state and county once you hit search. A long list of Google listings will surface up. However, if that doesn’t work out, we are here to assist you through the revenue cycle management process to the best of our ability.
We are happy to recover collections that you deserve with minimum denials and vigilant tracking of claims. Rigorous follow-ups are one of our strengths.
Why are medical billing services in the USA mostly outsourced?
Medical billing services in the US return peaceful solutions for most practices. It is where outsourcing a third-party takes the burden of creating, filing, and managing claims away from them. The in-house solution is expensive and usually drains the available staff of hours. Hence, the outsourced solution seems highly likely to work in favor of providers.
How much do medical billing services cost in 2022?
As far as 2022 is concerned, the ongoing costs of medical billing services are divided into two types – one is claim-based, and the other is collection-based. Generally, it is 7% of the total reimbursed amount per month. P3 often charges similarly; however, the price varies from specialty to specialty.
Why do medical billing service companies often lack reporting?
I wouldn’t say they lack reporting because it means they fail to comply with their self-assessment system. There may be delays, but we, as a medical billing company, don’t delay our reports. One of our strengths is to be available to physicians even at odd hours. Your account manager is dedicated to your billing cause. Hence, it is their job to expedite your RCM process via insurance follow-ups, AR management, and payment postings.