The Best Medical Billing in Waco
The Most Effective Medical Billing Company in Waco that provides results for your Medical Billing.
When looking for the Top Rated Medical Billing in Waco, by now you have a solid idea about the ongoing of medical {billing
coding} in Waco. 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 track the usefulness of a particular procedure, their main use in the Waco United States is in the collection process. In other words, codes help us bill accurately and efficiently.
Why don’t we take a closer look at how and why we collect for Medical Billing in Waco.
Claim Submission for Medical Billing in Waco
- We ensure that claims will be entered accurately by the next business day. For more information on our money back guarantee, click here.
- Certified Healthcare Medical Billing will enter your info and submit your paper claims.
Accounts Receivable Posting for Medical Billing in Waco
- Certified Healthcare Medical Billing will post all payments for Medical Billing in Waco from patients and insurance organization and properly post adjustments and deductibles for Medical Billing in Waco.
Follow-Up of Outstanding Medical Claims for Medical Billing in Waco
- 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 Waco
Insurance Verifications for Medical Billing in Waco
- 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 Waco.
- Limits on benefits for the year Medical Billing in Waco.
- If pre-authorization or a referral is required in Waco.
- Copay and deductible information for Medical Billing in Waco.
Authorization and Benefit Tracking for Medical Billing in Waco
Using a Billing Service Charging A Percentage for Medical Billing in Waco?
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 Waco area for Medical Billing.
Going to the MD may seem like a one-to-one interaction, but in reality it’s part of a large system of info and payment. While the patient may only have direct involvement with one person or MD, that check-up is actually part of a 3-pronged system.
It’s the medical coding company’s job to negotiate and arrange for payment between these 3-parties. Specifically, the medical biller ensures that the healthcare provider in Waco is compensated for their Medical Billing by billing both patients and payers. We bill because Waco based medical providers that need to be compensated for the Medical Billing out of Waco.
Insurance Process for Medical Billing Collection in Waco.
Let’s briefly talk about the insurance process for Medical Billing.
Health insurance in Waco for Medical Billing comes in a number of forms, including:
- Indemnity for Medical Billing in Waco , or pay-for-service insurance, in which the patient can choose any Doctor they like. This insurance is typically costs more, but gives the insured person more flexibility.
- Managed care medical organizations (MCO) for Medical Billing in Waco: This is a blanket term that includes companies like Healthcare Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). Patients have less options as to which providers they can see, but their premiums are fixed and are generally lower. Basically, managed care insurance prevent patient’s choices but also lowers the cost of having medical insurance for Medical Billing in Waco. This is the most popular form of health insurance in the United States today.
- Consumer-driven health plans in Waco
- When working with Medical Billing in Waco, {take a look} at health insurance in just a bit, and we’ll dive closer 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 create an accurate claim.
Reasons Why of Using a Medical Billing in Waco.
Higher Collection Rate of Medical Billing in Waco
Because healthcare coding and billing in Medical Billing , we have a higher collection rate than doctors 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 Waco: In an era in which banks have virtually stopped lending money and cash flow is key, 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 Waco
Call (310) 507-1881