Cost-Saving Medical Billing in Lakewood

Honest Medical Billing in Lakewood

The #1 Medical Billing Company in Lakewood that drives revenue for your Medical Billing.

When searching for the The Best Medical Billing in Lakewood, by now you have a solid idea about the headache of medical {billing
coding} in Lakewood. Still don’t know much about what those billing codes are utilized for.

Of course it’s true that we can use diagnosis codes to follow the usefulness of a particular procedure, their main use in the Lakewood US is in the collection process. In other words, codes help us collect accurately and efficiently.

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

Claim Submission for Medical Billing in Lakewood

  • We ensure that claims will be entered appropriately by the next business day.  For more information on our money back guarantee, click here.
  • Certified Healthcare Medical Billing will conduct data entry and submit your paper claims.

Accounts Receivable Posting for Medical Billing in Lakewood

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

Follow-Up of Outstanding Medical Claims for Medical Billing in Lakewood

  • 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 Lakewood
Medical-Billing-Services-company project manager
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Insurance Verifications for Medical Billing in Lakewood
  • 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 Lakewood.
    • Limits on benefits for the year Medical Billing in Lakewood.
    • If pre-authorization or a referral is required in Lakewood.
Authorization and Benefit Tracking for Medical Billing in Lakewood

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

  • 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!

How and Why We Bill in the Lakewood area for  Medical Billing.

Visiting the MD may seem like a 1 on 1 interaction, but really it’s part of a complex system of info and payment. While the patient may only have direct interaction with one person or MD, that check-up is actually part of a 3-pronged system.

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

Insurance Approach for Medical Billing Billing in Lakewood.

Medical Billing Company
CHBMD is a Medical Billing Coding Services company

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

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

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

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

Benefits of Using a Medical Billing in Lakewood. 

Higher Collection Rate of Medical Billing in Lakewood

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.

Faster Collection Rate for Medical Billing in Lakewood: In an era in which banks have basically 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.

 

Call Today for a Real Time Demo in How We Can Increase Your Medical Billing for Medical Billing in Lakewood  

 Call (310) 507-1881

 

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