In case you are searching for a top medical billing service provider, ensure that you have taken a close look at a number of factors before making your choice of the medical billing company. This is due to the fact that, just as there are different types of medical practices out there, so are the services of the medical billing companies. A good illustration of this is, if your clinic has around 4 medics, and the number of your patients per week is around 200, you will require an EMR that performs various tasks such as pushing relevant notifications of both claims and denial, stores medical records of your patients, and of great importance it can restore data in case it is lost out of interruption of power. This means that before you engage any medical billing service provider, it is imperative for you to have a general view of their medical billing services so that you can know if it will be of superb help to your practice. the main aim of this intelligent guide is to explain critical factors that you should consider any time you are searching for a trustable medical billing service provider in the current congested and dynamic market. You should therefore read this savvy lead intently so as to hire the right medical billing firm.
Start by doing a detailed research so as to be sure that you choose a company that offers high quality medical billing services to all their customers, that is, both the past and the current ones. You have to make sure that their services have been of great help and benefit to their customers. Still on this, evaluate whether the medical billing solutions offered by the medical billing company meets the demands of your practice. It will also be an added advantage to contract a medical billing firm that has been in this practice for several years because they stand the best chance to offer reliable medical billing services to you. Such a company will be of great help to advice you accordingly.
To make sure that the medical billing firm operates strictly under the state laws, always check track record as well as accreditation. Besides, check for the site of the Better Business Bureau to ensure that they are registered and also ensure that it is in total compliance with both HCPCS and HPAA.
Finally, just like any other kind of service out there, it is wise to know their pricing from the word go. Here, note that medical billing firms have three models of payment for medics which are percentage model where you pay a portion of total claims in terms of percentage. There is also the partly fixed model where you pay a flat fee and there is the fixed fee model where you pay a fixed charge on every claim submitted.