Enhance Revenue with our Accurate Medical Billing Services
For your healthcare practice to grow, you must optimize your revenue cycle. First of all, there is no need to worry about medical billing anymore, Prospect Healthcare Solutions, a trusted medical billing company, is at your service. To minimize the number of mistakes made in submitting bills, we utilize cutting-edge software for medical billing and claims submission. We understand the unique needs of every billing procedure. Thus, our medical billing specialists customize services to integrate easily with your EHR system.
Our team of certified medical billing and coding experts understand your system’s features and workarounds, so all of our RCM billing service products are fully connected and optimized for your practice. When you work with Prospect Healthcare Solutions, keep your concern about billing issues aside, as your practice is in capable hands. Contact us for cost-effective and budget-friendly solutions.
Our Medical Billing Consulting Services
Our medical billing services help you get paid faster and more easily. With advanced AI tools and the ability to grow with your needs, we provide a complete billing solution at an affordable cost. It means you don’t need to hire a medical billing specialist or train your staff—we take care of everything for you.
With multiple years of experience, we make the claims process simple and efficient so you can focus on caring for your patients. Our billing specialists monitor every step to catch mistakes and reduce revenue loss.
Medical Billing Services Offered by Prospect Healthcare Solutions
Claim submission
We handle timely and accurate claim submissions to minimize delays and optimize revenue. Our team ensures claims are submitted in compliance with payer-specific requirements to reduce rejections.
Medical Billing and Coding
Our medical billing specialists assure precise coding and error-free billing while optimizing revenue cycle management to optimize reimbursements. We monitor regulatory changes to ensure that we are in line with the most recent billing requirements.
Denial Management
Our denial management team analyzes, resolves, and prevents future claim denials to ensure smooth processing. We provide detailed reports and actionable insights to minimize recurring denials.
AR Management
We offer end-to-end AR management, focusing on reducing outstanding claims and improving cash flow for your practice. Our follow-up method confirms reliable tracking and resolution of unpaid claims.
Medical Credentialing
Our medical billing specialist handles provider credentialing efficiently, ensuring compliance with insurance networks and faster approval. We maintain meticulous records and provide real-time updates throughout the credentialing process.
Eligibility and Benefits
We check patient insurance and benefits to make sure claims are accepted and to keep patients happy. We also confirm co-pays, deductibles, and other costs in advance.
Medical Billing and Coding
Our medical billing specialists assure precise coding and error-free billing while optimizing revenue cycle management to optimize reimbursements. We monitor regulatory changes to ensure that we are in line with the most recent billing requirements.
AR Management
We offer end-to-end AR management, focusing on reducing outstanding claims and improving cash flow for your practice. Our follow-up method confirms reliable tracking and resolution of unpaid claims.
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Claim submission
We handle timely and accurate claim submissions to minimize delays and optimize revenue. Our team ensures claims are submitted in compliance with payer-specific requirements to reduce rejections.
Medical Credentialing
Our medical billing specialist handles provider credentialing efficiently, ensuring compliance with insurance networks and faster approval. We maintain meticulous records and provide real-time updates throughout the credentialing process.
Denial Management
Our denial management team analyzes, resolves, and prevents future claim denials to ensure smooth processing. We provide detailed reports and actionable insights to minimize recurring denials.
Eligibility and Benefits
We check patient insurance and benefits to make sure claims are accepted and to keep patients happy. We also confirm co-pays, deductibles, and other costs in advance..
Our proficient Medical Billing Audits
Enhance the workflow of your healthcare practice by outsourcing medical billing audits at Prospect Healthcare Solutions. Our medical billing company transforms billing complications into effective solutions. Similarly, our committed team meticulously analyzes areas in need of improvement, which ensures that your billing process is optimal. It allows you to concentrate on patient care instead of claims. Nevertheless, you can also benefit from our vast auditing experience and industry insight. You may redirect your attention to patients while we handle the billing specifics.
Audit and analysis
In real-time, we monitor performance indicators such as co-pays collected, AR per payor, denials, and cash flow. Our staff examines and evaluates your practice revenue to keep track of your billing team’s success. We review daily appointments and update patient balances to ensure proper collection at the time of service.
Check in Validations
Our insurance and benefit eligibility are verified automatically in advance, and immediate confirmation occurs upon check-in. The scheduler provides the most up-to-date patient balance information. Our system additionally asks for co-pay collection to ensure it is done at the time of service.
Generate Electronic Bills
Our e-super bill tool suggests the level of assessment and oversight (E&M) code that is most suitable for the information provided. It also highlights any missing components for a specific level of E&M coding, reducing the likelihood of up and down coding.
Advanced Reporting
With online monitoring and analytics, you may access your financial information at any time. Our medical billing software includes preformatted reports to help you measure your practice’s performance and identify areas for development, as well as customizable reports for insight.
Optimize Revenue with Faster Claim Submission
We strive to prevent revenue leaks and maximize revenue collection by optimizing every part of your operations, from eligibility and check-in to co-pay collection and back-office management.
Our medical billing specialist assists you in dramatically reducing A/R days and denials, as well as providing fast patient statement dispatches, ensuring that you have insight and transparency into every dollar earned. We promise that:
- Collections increased by 5 to 10% in the first three months
- 96% of claims are paid on the first submission.
- A/R days and denials were significantly reduced.
- Timely delivery of patient statements
Get any kind of medical billing services for your practice, whether small or big. You may reach out to us. We'll handle all your billing-related tasks and concerns with 99.9% faster claim submission and a minimum denial rate. Reach out to us for precise and quick medical billing services. We are dedicated to improving your cash flow and ensuring maximum reimbursements. Partner with Prospect Healthcare Solutions for stress-free billing and reliable results.