Cost-Saving Medical Billing in Denver

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The Best Medical Billing in Denver

The Best Medical Billing Company in Denver that provides revenue for your Medical Billing.

When looking for the The Best Medical Billing in Denver, by now you have a good idea about the practice of medical {billing
coding} in Denver. Still don’t know much about what those complicated codes are utilized for.

Of course it’s true that we can use diagnosis codes to track the effectiveness of a particular procedure, their main use in the Denver US is in the reimbursement process. In other words, codes help us bill accurately and efficiently.

Why don’t we take a zoomed in look at how and why we collect for Medical Billing in Denver.

Claim Submission for Medical Billing in Denver

  • We ensure that claims will be submitted appropriately by the following business day.  For more information on our money back guarantee, click here.
  • Certified Healthcare Medical Billing will transmit your electronic claims and submit your paper claims.

Accounts Receivable Posting for Medical Billing in Denver

  •  Certified Healthcare Medical Billing will post all payments for  Medical Billing in Denver from patients and insurance organization and properly post adjustments and deductibles for Medical Billing in Denver.

Follow-Up of {Pending Outstanding} Medical Claims for Medical Billing in Denver

  • For any claims that remain open at least 30 days after claim submission, Certified Healthcare Medical Billing will aggressively follow up on the claims to determine why the claims have not been paid for businesses  relating to Medical Billing in Denver
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Insurance Verifications for Medical Billing in Denver
  • For any new patients we would verify patient insurance benefits*.  Benefit information obtained will include the following: 
    • Copay and deductible information for Medical Billing in Denver.
    • Limits on benefits for the year Medical Billing in Denver.
    • If pre-authorization or a referral is required in Denver.
Authorization and Benefit Tracking for Medical Billing in Denver

Using a Billing Service Charging A Percentage for Medical Billing in Denver?

  • Most billing services charge a percentage of the amount paid by insurance (6-10%).  If you are using such a billing service, STOP throwing your money away?

    Our Platinum Medical Billing Service provides all services (and more!) that a billing service charging a percentage provides but we charge significantly less!

  • Check out the References page on our website to see more than 50 practices nationwide who have been using our service for years and would recommend our services!

Why We Bill in the Denver area for  Medical Billing.

Going to the MD may seem like a 1 on 1 interaction, but really it’s part of a large system of information and payment. While the insured may only have direct interaction with one person or healthcare provider, that check-up is actually part of a multi-part system.

It’s the medical coding company’s job to negotiate and coordinate between these 3-parties. Specifically, the medical biller ensures that the healthcare provider in Denver is paid for for their Medical Billing by collecting both patients and payers. We bill because Denver based healthcare providers that need to be compensated for the Medical Billing out of Denver.

Insurance Approach for Medical Billing Collection in Denver.

Medical Billing Company
CHBMD is a Medical Billing Coding Services company

Let’s briefly talk about the insurance process for Medical Billing.

Health insurance in Denver for Medical Billing comes in a number of forms, including:

  • Indemnity for Medical Billing in Denver , or pay-for-service insurance, in which the patient may choose any provider they want. This insurance is typically more costly, but gives the insured person more flexibility.
  • Managed care medical organizations (MCO) for Medical Billing in Denver: This is a cover term that includes companies like Healthcare Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). Patients have less options as to which doctor they can see, but their deductibles are fixed and are usually lower. Basically, managed care insurance prevent patient’s choices but also lowers the cost of having health insurance for Medical Billing in Denver. This is the most popular form of health insurance in the United States today.
  • Consumer-driven health plans in Denver
  • When working with Medical Billing in Denver {take a look} at health insurance in just a bit, and we’ll dive deeper into the insurance process.

With each of these types of insurance, there are {procedures services} that are covered, and some that are not. It’s the medical biller’s job to interpret a patient’s insurance plan and use this information to establish an accurate claim.

Top Reasons of Using a Medical Billing in Denver. 

Higher Collection Rate of Medical Billing in Denver

Because medical coding and billing in Medical Billing , we have a an increased rate than clinics who attempt collections on their own. In fact, our collection rate of 99.7%, which is one of the best in the medical billing industry.

Quicker Collection Rate for Medical Billing in Denver: In an era in which banks have virtually stopped lending money and cash flow is essential, the speed with which you collect money can dramatically affect the operations of your medical practice. We collect money in an average of 22 days.

 

Reach Out Today for a Real Time Demo in How We Can Increase Your Medical Billing for Medical Billing in Denver  

 Call (323) 505-6332

 

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