
Don’t lose revenue you earned.
Medical Billing Service is a very good investment for your practice.
Did you know…15% – 22% of all denials are because the data was not captured properly at the time of service? Inaccurate patient registration leads to delayed payments and if not properly managed some insurance carriers have timely filing limitations, and can lead to nonpayment. Having a billing service will prevent that.
The truth is Medical Billing is quite complex. It is important to verify patient benefits at the time of service and accurately enter data into the system. One must realize what portion the insurance will pay and what portion the patient will pay. The sooner billing is done the quicker you get paid. Medox Billing Systems LLC has the bandwith to bill daily for your practice if you are a large practice. If your practice is smaller twice a week or weekly, and if tiny then sometimes once a month those type of providers can elect for monthly. Those options can be discussed upon signing up.
It is extremely important to follow up quickly on any claims denied. We have staff that oversee the claim processing and are working on them daily.
EFT (Electronic Funds Transfer) and ERA (Electronic Remittance Advice) will help to streamline your practice. We also help set you up with that if you are not already.
We also do monthly audits of your account to ensure all data is billed correctly and up to date. Reports are sent monthly along with communication of any loose ends.