Outsourcing Medical Billing Services
The healthcare industry is constantly evolving, with advancements in medical technology, changes in regulations, and growing patient populations and amidst all these transformations, medical billing services have emerged as a crucial component of healthcare administration. Hence, medical billing services outsourcing has become a popular choice nowadays. Outsourcing medical billing services help you to harness the expertise of specialized professionals who are well-versed in medical coding and billing regulations, ensuring accuracy and minimizing errors in claims submission. However, it is crucial to find out the best medical billing provider company as your outsourcing partner. Here comes the Evirtual Services' medical billing service that leads to increased revenue through faster claim processing and reimbursement, thereby improving the financial health of healthcare practices. Our medical billing services has a regulatory compliance with complex healthcare laws such as HIPAA and ACA that reduce the risk of audits and penalties. Moreover, we offer significant cost saving services by eliminating the need for an in-house billing department which is very costly.
Evirtual Services as a Medical Billing Service Company
Evirtual Services offers a holistic medical billing solution, delivering a range of services promptly. These services include charge processing, submission, payment handling, denial management, comprehensive reporting, and patient billing. This comprehensive approach streamlines the process, expediting the payment of your medical bills. This not only brings financial advantages but also contributes to better medical outcomes.
Here is a concise breakdown of our services:
- Eligibility Verification
- Prior Authorization
- Patient Demographics Entry
- Medical Coding
- Charge Entry
- Claims Submission
- Payment Posting
- Accounts Receivable Management
- Denial Management
- Appeals Management
- Analysis and Reporting
- Patient Statements and Billing
- Medical Billing Compliance Review
Why Choose Evirtual Services
- A workforce of 100+ certified medical coders and billers.
- Proficiency with various billing software platforms.
- Trained and experienced professionals with medical specialties.
- Consistently delivering 97% accuracy in billing processes.
- Offering diverse pricing models to suit specific needs.
- Utilizing technology based data-driven methods for efficient operations.
- Providing dedicated account managers for personalized support.
- 75% Instant Reduction In Operational Cost
- Customized Reporting To Meet Your Specific Needs
- Dedicated Account Managers For Seamless Communication
- Reduction Of The Accounts Receivable Bucket By 35% Within A Month
- Highly Experienced Billers (4+Years) & (CPC Certified) Coders
- Proficiency Across Multiple Practice Management/Client Proprietary
- 100’s Of Excellent Client References
- 100% HIPAA Compliance
Why Evirtual Services Best fit for Medical Billing Services
Improved Revenue Cycle Management:
We efficiently manage the entire billing process from claims submission to payment collection. Reduce billing errors, denials, and delays, leading to faster reimbursement.
We help to maximize revenue by ensuring accurate coding and billing for all medical services provided. Identify and address undercoding or missed charges to capture all billable services.
Reduced Administrative Burden:
We ensure that we save the time of healthcare staffs to focus on patient care rather than administrative tasks. Outsourcing our billing services save your time and resources.
Compliance and Accuracy:
Our services are compliant with ever-changing healthcare regulations and coding requirements. We ensure accurate documentation and coding to prevent audits and penalties.
Quick Payment Processing:
We speed up payment processing by submitting clean claims and resolving issues promptly also we help with minimizing accounts receivable aging and improve cash flow.
Access to Expertise:
We have trained medical billing professionals who are up-to-date with industry best practices. We ensure that you are benefitted from specialized knowledge in different medical specialties.
We utilize advanced billing software and tools to streamline processes. We also focus on enhancing data security and compliance through secure electronic billing.
Cost Savings :
We help to reduce in-house billing expenses, including staff salaries, training, and technology investments. So you just pay for the services you need, avoiding overhead costs.
Detailed Reporting and Analytics:
Evirtual Services provide you comprehensive reports and insights into billing performance. We help to make data-driven decisions to improve revenue and billing efficiency.
Our expertise ensure the highest level satisfaction of the patient by reducing billing errors and clarifying billing inquiries. We enhance trust and credibility with transparent and accurate billing practices.
Scalability and Flexibility:
You can easily scale billing services up or down based on your practice's needs. We adapt to changes in patient volume or regulatory requirements.
Focus on Core Competencies:
We concentrate on providing high-quality healthcare services without the distraction of billing concerns.
Risk Mitigation Service:
One of our goal is to minimize the risk of legal and compliance issues by entrusting billing to experts. We ensure proper handling of sensitive patients’ data.
Continual Revenue Improvement:
We regularly assess and optimize billing processes to capture missed revenue opportunities. We also stay ahead of industry changes to maintain revenue growth.
Get Your Peace of Mind:
Outsourcing our medical billing services will bring you a peace of mind knowing that your medical billing is in the hands of experienced professionals. We reduce stress associated with billing challenges and uncertainties.
Healthcare organizations often find it difficult to streamline their medical billing processes, control costs, speed up revenue generation, and improve client satisfaction. If you're currently grappling with the management of back-office tasks and struggling to prioritize patient care, it's a suitable moment to consider outsourcing your medical billing services to Evirtual Services. To get more information, please fill the short form below or call us at 1-888-471-5624