Medical Billing Services
Claims Submission and Edits
Let us file and manage your claims for you. The claims submission and edit process includes the following services:
- Medical billing & coding
- Filing claims with insurance companies
- Claim edits and resubmission
- Denial management
- Insurance company follow-up
Start seeing more profitability in as little as 5 days
One phone call is all it takes to identify whether our services are right for your practice. We can start serving you in as little as one week.
Our Claims Submission and Edits Services
Our claims submission services range from coding to filing claims with insurance companies and making edits to claims as needed. We monitor claims through every stage of the billing process so we know when further action is required.
Accurate Medical Billing and Coding
Accuracy is essential to maximizing your collections and reducing the risk of claims getting denied by insurance companies. Outsourcing your claims filing is one way to improve the accuracy of the CPT codes but also make them more specific, which can help to increase your overall collections.
Daily Claims Audit
We audit all of our active claims on a daily basis. This lets us know when a claim is in need of a follow-up with the insurance provider, if a claim has been denied, or if one needs to be edited and then resubmitted to the insurance company.
Claims Denials Management
Even with our efforts to reduce the risk of an insurance company denying a claim, the risk isn’t zero. This means that some claims will still be denied. When this occurs, we can either appeal the denial or we can make edits to the claim and then resubmit it to the insurance company.
Insurance Company Follow-up
Another service included in our claims processing is following up with insurance companies. If there’s a delay at the insurance company’s end, we’ll follow up with them to check the status of each claim. If a claim has been denied, then we’ll take the appropriate action to either appeal the denial or make changes to the claim and then resubmit.
Get a more profitable practice
Increase collections by 15%
Inhouse Medical Billing
$1,200,000 revenue
– $45,000 biller salary
– $40,000 secondary biller salary
– $23,750 Benefits and Overhead @ 25% of salary
– $3,000 Cost of software and hardware for billers
– $1,200 Cost of Postage
$1,087,000 in net collections
Average billing expense of 10.25% of collected revenue
Outsourced Medical Billing
$1,400,000 17% increase in top line collected revenue
– $77,000 5.5% of collected revenue
$1,323,000 in net collections
Average billing expense of 5.5% of collected revenue plus the added collective revenue from outsourcing
Benefits of Claims Submission and Edits
Having a professional billing company handle your claims process has a number of benefits. Not only will you free up your own time to take on more patients, but you’ll also minimize the risk of claims denials and maximize collections.
Maximize Collections
To maximize the amount you can receive in collections, try outsourcing your claims submission process. We’ll file on time with more accurate CPT codes and manage any denials that may occur. This involves editing claims and then resubmitting when necessary.
Receive Collections Faster
When you outsource your claims submission process, you can also receive collections much faster. On average, claims are in A/R up to 19 fewer days with Quest National Services. This means that you’ll receive collections due to you much sooner than you might otherwise.
Reduce the Chances of a Claims Denial
If a claim is denied, we’ll make the necessary changes to it and then resubmit it to the insurance provider. However, outsourcing in the first place can help to reduce the risk of a denial by eliminating many of the more common causes, such as lateness or incorrect coding.
Testimonials