At Healthcare Billing Services, Inc. (HBSI), we understand the complexities of medical billing and its significant impact on your practice’s financial health. That’s why we offer comprehensive billing and claims management services designed to streamline your administrative processes, ensure accurate claim submission, and maximize your reimbursements.
Our healthcare billing company takes care of everything from data entry and charge posting to claim submission, appeals, and insurance follow-up. This allows you and your staff to focus on what matters most – providing exceptional patient care.
HBSI’s Billing and Claims Management Services
1. Accurate Data Entry and Charge Posting:
Our team meticulously enters all patient demographic and insurance information, ensuring accuracy from the start. We then meticulously post all charges based on the encounter forms you provide. This includes a thorough review of all CPT (Current Procedural Terminology) and ICD-10 (International Classification of Diseases, Tenth Revision) codes to ensure they are accurate and up-to-date. Additionally, we strategically apply modifiers where appropriate to inform payors of any unusual circumstances, maximizing your potential reimbursement.
2. Efficient Claim Submission:
Once charges are posted and reviewed, we meticulously examine each claim for accuracy before submission. We leverage electronic claim filing whenever possible, ensuring insurance companies process them faster. We handle situations requiring paper submissions meticulously as well. Our focus is on getting your claims submitted correctly “the first time” to expedite your practice’s revenue cycle.
3. Comprehensive Insurance Billing:
HBSI’s expertise extends to all types of insurance, including private, government, and commercial plans. We handle primary, secondary, and even tertiary claims, utilizing both electronic and paper formats depending on individual insurance company requirements.
4. Unrelenting Insurance Follow-up:
We understand that insurance companies don’t always process claims promptly. That’s why we have a robust monthly insurance follow-up program in place. Our team aggressively pursues all outstanding and unpaid claims, ensuring you receive the reimbursements you deserve for primary, secondary, and tertiary claims. This proactive approach keeps your revenue cycle flowing smoothly.
5. Efficient Payment Posting:
Our team meticulously posts all your payments, from patient copays to insurance reimbursements. We utilize copies of checks and Explanation of Benefits (EOBs) that you provide to ensure accurate posting. We maintain your existing payment structure, so you receive all payments in the same manner you’re accustomed to. Importantly, we never touch your practice’s funds – we simply ensure accurate and timely posting.
6. Expert Denials Management:
Even with meticulous claim preparation, denials can sometimes occur. HBSI has a proven five-step process to address this. First, we focus on preventing denials before they happen through meticulous claim preparation. If a denial does occur, even for seemingly frivolous reasons, our team springs into action. We meticulously review the denial and initiate a multi-step appeals process to get your claim overturned and secure the reimbursement you deserve.
Partner with HBSI and Reclaim Your Time
By outsourcing your billing and claims management to HBSI, you and your staff can reclaim valuable time and resources currently dedicated to administrative tasks. This allows you to focus on what truly matters – delivering exceptional patient care. Furthermore, our expertise ensures accurate claim submission, maximizes your reimbursements and minimizes denials, ultimately boosting your practice’s financial health.
Contact HBSI Today
Let HBSI’s dedicated team of billing and claims management professionals help you streamline your practice, optimize your revenue cycle, and focus on what matters most – your patients. Contact a professional healthcare billing company today to discuss your specific needs and learn how we can empower you to achieve your financial goals.