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1 +
Private Practices Served
1 %
Average Revenue Increase
1 %
Savings for Billing Services
1 *
Satisfaction Rating

1 +
Private Practices Served
1 %
Average Revenue Increase
1 %
Savings for Billing Services
1 *
Satisfaction Rating

Medical billing for private practices depends upon several factors. Medical billing and coding for nephrology are difficult to manage inhouse and you should explore to outsource medical billing.

Front office tasks such as appointment scheduling, prior authorizations, patient check-in, collecting co-pays have a significant impact on the practice revenue. A streamlined process can increase practice revenue by upto 15%

The clinical process require taking proper notes about the patient encounter. It also need properly coding as per ICD guidelines and using the appropriate modifiers which could be challenging because the ICD codes change every year.

The back-end process to follow-up on Insurance AR and patient AR, to manage insurance denials, and to post the payments and reconcile with the bank are all very complex and critical processes to increase your practice revenue.

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Outsourcing nephrology medical billing can help optimize revenue cycle management workflow, improve coding, bring focus on practice performance through analytics and help use technology and tools to improve efficiency of medical billing.

Medical billing companies perform billing for many clients and therefore due to vast experience they can help your practice streamline end to end revenue cycle management workflow including front office, clinical processes, and back-end processes.

Excellent medical billing service companies proactively advise their clients on medical coding. They provide practice management advice, and ideas to improve patient experience, perform AR analytics and denial analytics that help increase your practice revenue.

Medical billing companies will help fine tune the set-up on EMR and PM systems. They can recommend and deploy HIPAA compliant tool for document management, set-up electronic payments and improve patient payments.

While evaluating medical billing company, to get the top quality at low price, focus on size of medical billing company, their billing and coding expertise and delivered results for the clients.

1. A mid-size medical billing company with 100-200 clients is a good option because they are large enough to be experts and small enough to provide personalized attention. Small companies may lack resources while large one may not provide lack in providing attention.

2. Billing and coding expertise can be determined looking at the  portfolio of services the company offers. This not only determines the experience and expertise of the staff, but also demonstrate the learnability of the team members.

3. Delivered results can be measured by denial%, AR and increase in practice revenue. The denial % should be in 5% range, 90+ days AR should be less than 20% and a high quality billing company can help increase revenue by up to 15%.

5/5
Medical Billing Compare helped us find a top medical billing company at very reasonable price. Medical billing outsourcing has helped us increase our revenue and save money.
Pamela J
Nephrology Practice Administrator
5/5
Initially I was skeptical about outsourcing medical billing. But now I am glad that I filled the form on Medical Billing Compare. We found the right medical billing service partner.
Chuck Q
Nephrology Practice Manager
5/5
Ours was a small medical practice. We were missing a lot of revenue during medical billing. Now we have a medical billing company doing a good job. I would high recommend Medical Billing Compare to find the right medical billing company
Henna B. Owner, NP

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