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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.
P3Care Medical Billing Services Help To Save Time and Money
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:
The Medical Billing Insights
Responsibilities of Medical Billers & Coders – They Have Different Tasks in a Strict Sense,
Medical billers, in general, are responsible for submitting claims to insurance companies or payers. They have to do this task accurately and on time; on the other hand, the major role of medical coders in healthcare is to review the provider’s documentation to translate it into alphanumeric codes.
Thus, 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.
Types of Systems in Medical Billing Services
A system is a set of procedures & protocols that are interlinked in a network. And in the healthcare network, Medical Billing is one of the largest systems, generally consisting of three major types:
Closed medical billing services mean that the system is only focused on a singular practice. On the other hand, an open billing system allows the transfer of documentation/data across practices, healthcare professionals and facilities, etc. Whereas, the system that is completely removed from the healthcare facilities, physicians, and practices is known as an isolated billing system. Personal Health Records are one such example.
No matter what type of system you are used to working in, it is our responsibility to get your records sorted as per the latest industry standards and help you get more reimbursements.
Why Medical Billing Services?
You can have the following advantages by getting billing services from P3 Healthcare Solutions.
Improved Cash Flow
Whether you work as a private healthcare provider or in a healthcare organization, in both cases, cash flows act as the backbone. Revenue Cycle Management and Medical Billing professionals can easily handle claims of all kinds and get reimbursements on a timely basis.
Speedy Submissions
By working with us, physicians and providers will be able to submit claims at a much faster pace. We also offer advanced health IT solutions such as RPA medical billing to minimize manual errors. In short, physicians can cater to their submissions without any worry.
Efficient Client Support
Our professional team of Medical Billers is responsible for giving answers to all your questions and concerns. So, whenever you feel stuck with any step of RCM or need to review your monthly collections, P3Care will support you throughout.
Streamlined Reporting
Preparing work reports is part of our medical billing workflow. We sent the following reports to our clients in addition to any on-demand reports on a regular basis to help them know about their financial situation.
- Practice Overview Reports
- Charge Submission
Prior Insurance Authorization
Our attentive medical billing experts prepare a detailed report if they find any gap in the insurance and the patient’s health plan. For instance, if the insurance of the patient doesn’t cover the whole treatment of the health condition, we ensure to inform physicians about such cases on a priority basis.
Denial Management
A minor error can cause the claim to be referred back for revision. The insurer may partially or entirely refuse the payment if the error or omission is not corrected to the insurer’s satisfaction. The majority of payers typically have 90 days to reply to claim submission. In case of claim denials, P3Care rapidly takes notice and takes prompt action to rectify errors (if any). Moreover, we keep our physicians informed about the status of their claims.
Reduced Expenses
You are just about to cut down the cost if you choose a professional practice development firm. You get the experience and the resources all in one to get your billing done. For instance, with automated billing services, there is lesser manual overhead, and the focus is more on the technology side, cutting expenses to a huge ratio with faster and more accurate claim submissions.
HIPAA-Compliant Medical Billing Services
You can keep up with HIPAA compliance with the right medical billing partner, and P3Care is your go-to solution provider. We can assist with the ongoing changes in the healthcare sector along with time-trusted medical billing services guided by the Health Insurance Portability and Accountability Act (HIPAA).
Strategic Medical Billing Leads to High Collections
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.
Medical Billing Services for Small Practices
What benefits do small practices receive from external billing services?
We Take Care of Your Medical Billing Process Until Your Claims Gets Paid!
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.
All Specialties in Medical Billing
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.
Psychology
Anesthesiology
Physical Therapy
No Administrative Load Means Peace of Mind for Physicians
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.
Telehealth Medical Billing Services
With the rise of technology, we cannot deny the importance of Telehealth medical billing. The independence that physicians and patients receive while going digital is tremendous. However, it’s hard and not many people know how to bill such rendered services. P3Care comes forward as a guiding light in this regard to improve your practice management.
Switch to Automated Medical Billing Services for Improved Outcomes
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 efficiently!
Medical Billing Services – Frequently Asked Questions
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.
We primarily provide HIPAA medical billing services and MIPS consultancy, among other services. As your HIT consultant, we optimize providers’ performance for improved RCM.
3200 E Guasti Rd Suite 100, Ontario, CA 91761, United States
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