Physician Billing Services for Hospitals
Filing insurance, collecting co-pays and deductibles, and ensuring that claims are paid are all part of physician billing services for hospitals.
What are Physician Billing Services for Hospitals?
Keeping track of insurance and patient payments is critical to your hospital’s success, thus physician billing services are quite helpful. Filing insurance, collecting co-pays and deductibles, and ensuring that claims are paid are all part of physician billing services for hospitals.
Our End-to-End Hospital Billing Services
Halfort Medical has extensive experience in the healthcare industry. With years of expertise working with hospitals and physicians, we can help you improve your reimbursements more quickly and effectively. Our hospital billing services are designed to help hospitals avoid costly mistakes and maximise their efficiency. Our in-depth understanding of insurance eligibility verification as well as our extensive experience
Faster Payments From Insurance Companies
Outsourcing physician billing services helps keep hospital payments flowing in on a consistent and timely basis while lowering the costs of hiring and managing an in-house team of physician billers. You can expect the following if you choose physician billing services for your hospital.
Copay and Deductible Payments from Patients
Outsourcing physician billing services helps keep hospital payments flowing in on a consistent and timely basis while lowering the costs of hiring and managing an in-house team of physician billers. You can expect the following if you choose physician billing services for your hospital.
Increase Efficiency & Revenue with End-to-End Physician Billing Services
Halfort Medical Paractice Solutions has the knowledge and specialty-specific experience that your medical practise requires to improve overall financial performance. We offer physician billing services to assist practises with submitting medical billing, managing AR, improving collections, and capturing difficult-to-collect payer reimbursements, all while allowing you to choose how much or how little assistance you require.
Understand your medical practice’s revenue cycle like never before
Our medical billing services for independent medical groups allow you to choose the level of assistance your practise requires, whether on an ongoing, periodic, or one-time basis.
Among our services are:
Accounts Receivable and Medical Billing Management
Compliance and Coding
Management of Underpayments, Denials, and Appeals
Halfort Medical Paractice Solutions Physician Billing Services
Physicians spend years honing the skills needed to build a successful practise. Even with that knowledge, keeping up with the ever-changing field of physician revenue cycle management is extremely difficult (RCM). Halfort Medical manages all aspects of physician medical billing services, including the recovery of ageing accounts receivable (A/R). We also offer a full range of physician auditing and billing services that are tailored to your specific needs.
Halfort Medical Paractice Solutions Billing Service Guarantees
We work on your existing insurance accounts receivable. We collect anything that is collectible. We pursue all outstanding unpaid claims aggressively and respond quickly to EDI rejections. Going forward, our 94 percent first-pass claim success rate ensures that A/R remains manageable.
We develop a daily financial plan: Before you arrive at work, we verify each patient’s insurance eligibility and benefits, perform a patient balance reconciliation, and provide you with an updated operating balance each morning before you begin work.
As the day progresses, our proprietary Money Monitor software sends text messages/emails to office administrators, billing managers, and doctors if there is any deviation.
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