Coding & Medical Billing
We offer a full range of medical billing services that include coding and billing, claim submission to insurance companies, denial management and follow-up, and detailed financial reporting.
When a claim is denied, our team reviews the reason for the denial, corrects any errors, and resubmits it as quickly as possible. If necessary, we also handle the appeal process, providing all the necessary documentation and justifications to resolve the claim.
We strive to submit claims to insurance companies within 24 to 48 hours after receiving all the necessary information. This helps ensure a quick and efficient cash flow for your practice.
We use a multi-stage verification system where our coding and billing experts review each claim to ensure all information is accurate and complete before submission. We also employ advanced technology to detect common errors and ensure accuracy.
We provide detailed financial reports that include revenue reports, accounts receivable analysis, payment trends tracking, and practice performance analysis. These reports are designed to give you a clear and comprehensive view of your practice's financial status.
We take patient data privacy and security very seriously. We comply with all HIPAA regulations and use encryption systems and advanced security measures to protect sensitive information.
The onboarding process is straightforward: first, we conduct an assessment of your specific needs. Then, we sign a service agreement and begin the system setup. Our team will work closely with you to integrate our services seamlessly with your practice.
Yes, we have certified medical coding experts who ensure that ICD-10, CPT, and HCPCS codes are used correctly, reducing the risk of denials, and increasing reimbursement efficiency.
Our pricing structure is transparent and competitive. We offer rates based on a small percentage of the claims processed amount. Additionally, we do not charge hidden fees or unexpected additional costs.
We offer continuous support through various channels, including phone, email, and an online portal. Our support team is available to assist with any questions or issues that may arise.
Credentialing
It allows medical providers to have access to a fountain of patients within the area of practice increasing the practice volume and receive payments from insurance companies for services rendered to their insured patients.
The process can take between 90 to 120 days, although this time can vary depending on the insurance company and the complexity of the case.
Generally, medical licenses, specialty certifications, work history, professional liability insurance, and any other relevant certifications are required.
Generally, medical licenses, specialty certifications, work history, professional liability insurance, and any other relevant certifications are required.
Yes, but you cannot bill insurance companies until the credentialing process is complete.
It’s important to review the reason for the denial, correct any issues, and resubmit the application. Common issues include incomplete documentation or errors in the application.
Costs can vary but may include administrative fees, processing fees, and in some cases, renewal fees.
It depends on your practice and location. Credentialing with multiple insurance companies can increase access to insured patients and diversify revenue sources.
Yes, credentialing must be renewed periodically, typically every two to three years, depending on the insurance company.
Yes, many medical practices hire external services to manage the credentialing process and ensure all requirements are met efficiently.
The average cost for insurance credentialing through an external company can range from $500 to $1,000 per provider, depending on the complexity and the number of insurance plans. At BilliMD, we offer the best rates in the market, with plans starting at $1,500 per month and including unlimited insurance credentialing for up to 5 providers.
An insurance credentialing service typically includes collecting and submitting required documentation through to completing applications. At BilliMD, we offer a complete service ranging from Provider Enrollment and Credentialing, Re-credentialing and Maintenance, Primary Source Verification, Provider Data Management, Automated Credentialing Processes, and Contracting.
At BilliMD, we have 3 plans that cater to the needs of our providers, including individual, clinics, and groups. You can find more details at www.billimd.com/pricing.
Yes, at BilliMD, we have excellent relationships with major private insurers, Medicare, and Medicaid, which facilitates and guarantees the best service for our clients.
To contact us, you have 3 quick and easy options:
- Visit BilliMD.com and fill out our contact form.
- Call us directly at 877-245-5163.
- Send us an email at [email protected].
Being listed as a participating provider on an insurance web portal increases visibility and credibility, attracting more patients. Payer credentialing can also help doctors to obtain more insurance benefits for their patients, making care more affordable and accessible.
