Submitting medical bills on time and getting those claims reimbursed without delay is crucial for successful revenue cycle management. Healthcare providers would agree that efficient follow-ups with the payers are necessary to get the rejected and denied claims reimbursed. However, effective medical billing and coding for small practices as well as large ones is tough and is best achieved when outsourced to professional medical billing service companies.
Outsourcing medical billing and coding services can help you avail cleaner and faster claims at less costs. Flatworld Solutions is a leading medical billing company and understands the criticality of timely global medical billing services. We also free you from the follow-up and administrative hassles associated with healthcare billing. This, in turn, helps you focus on providing online medical billing services to patients and your core competencies.
Medical Billing and Coding Services We Offer
We have industry-leading infrastructure and the required expertise to provide global clients with a gamut of medical billing and coding services. As part of our medical billing and consulting services, we will accurately code the services availed and our billing team will ensure that the claims are reimbursed on time. The following are some of the major services we offer -
Our billing department ensures that all bills are submitted with the correct information. We understand how important it is to enter details correctly so that there are no delays or denials. Whether it is a superbill or an encounter form, our trained staff will accurately and efficiently enter details related to patient demographics, CPT & ICD codes along with modifiers, number of units, and date of service. In addition, we conduct Quality checks at multiple levels to ensure the accuracy of the data.
Accurate medical coding is critical for all healthcare providers. We can help you ensure compliance with government regulations and improve coding accuracy. All you should do is to scan your patient records and upload them on our secure FTP server. Then our dedicated team of coding experts will download and analyze these files daily. In the end, our team of Quality Assurance (QA) specialists will check the submitted claims for -
- Medical Coding Audit Services
- HCC Medical Coding Services
- Incorrect or missing ICD-10 diagnosis
- Incorrect or missing CPT-4 modifiers
- Incorrect or missing CPT procedure codes
Read our article which highlights the key differences between medical coding and medical billing.
We can perform both online claims processing as well as process paper claims. For online claims, we have the capability to connect to the software you leverage with the help of a secure connection and submitting all such claims electrically. In addition, our QA team will perform qnuality checks at two levels. This helps us eliminate any errors and ensures that chances for the rejection of claims are minimized.
We understand the importance of persistent follow-ups for faster reimbursements. Our trained medical billing and coding personnel constantly keep in touch with the insurance companies through phone, e-mail, etc. to ensure that claims are settled quickly. All payments are then posted on the billing software. Any partial payments or denials are analyzed in detail. They are then corrected and re-submitted to the insurance provider.
We can help you submit claims in a timely fashion. We not only process claims but also follow-up with insurance companies to maximize the reimbursed amount. Our focus is on ensuring that all the claims are paid without any delay. In this way, we can help you increase your revenue, reduce your operational costs and better manage your cash flow.
Specialized Medical Billing
We are a leading medical billing company and our professional medical billing and coding services also include -
Our Medical Coding and Billing Specialty
Apart from the above services, we have the required infrastructure and expertise to offer a comprehensive range of specialty medical billing and coding services which include -
Insurance Eligibility Verification
Here, we ensure that the payer and benefits information submitted by the patient is correct, thereby reducing the instances of claims denial and rejection drastically
Patient Demographic Entry
This involves creation and maintenance of patient files with all the information of a patient, such as contact details, insurance provider's information, etc. If any information is not provided, then our professionals will follow the client to get it
CPT and ICD-10 Coding
Appropriate coding of the medical condition diagnosed is important for claims processing followed by the release of payments from the insurance providers. Our medical coders provide accurate coding to ensure that none of the claims get rejected due to improper coding
Medical Billing Charge Entry
We follow a structured charge entry process and check all the cost-related data for accuracy and legitimacy to prevent denial of the claims submitted
Submission of Claims
Once you outsource your medical billing and coding services to us we will ensure that all the claims are submitted on time. This prevents delay in receiving payments from the insurance provider, thereby, keeping your cash flow intact
Accounts Receivables Follow-up
We save our clients from losing significant returns by timely follow-up of the medical claims. Our structured and streamlined follow-up will ensure that all the payments are received on time
We promptly post payments to patient accounts and address the denials quickly. How about reading an article on 5 key advantages of payment posting in medical billing and how it can help optimize revenue cycle management?
Our professionals will conduct detailed denial analysis and identify ambiguous or incorrect data and rectify it. This assures quick reimbursements of the denials
Accounts Receivables Management
We successfully manage various reports associated with insurance claim reimbursement, including collection analysis, analysis of the insurance contracts, etc. to ensure prompt and timely reimbursements
Flatworld's Medical Coding and Billing Process
Being one of the leading billing and coding service providers, we believe in providing quality services to our clients within a quick time. This is possible by making use of a streamlined and systematic process. The key steps involved in the process are -
Insurance Eligibility Verification
Medical Coding of Procedures, Diagnoses, & Modifiers
Insurance Claims Submission
Software We Leverage for Billing and Coding Services
Having been in the billing and coding industry for over 20 years, we believe in providing our clients with the best quality and error-free services within a quick turnaround time. Some of the key software we leverage for billing and coding services include -
Other Services You Can Benefit From
Why Outsource Medical Billing Services to FWS?
Flatworld Solutions has over 20 years of experience in providing billing services and medical coding services. Our global clients range from individual physicians to hospitals and billing companies. Partnering with us has the following advantages -
Billing and coding requirements vary from one client to another and depend on various factors. For this reason, we offer highly customized services for each of our clients at affordable rates.
Committed to providing excellent services to all our clients, we leverage the latest and the best billing software. Besides, if you use any specific software, our team can assist you by using the software that you are comfortable with.
HIPAA was framed to protect the privacy of the patients and various other members who are a part of healthcare plans. At Flatworld, we walk an extra mile to maintain confidentiality and security by providing HIPAA training to our team and carrying out regular audits at every stage of the project.
Medical data should be handled carefully without any scope for a data breach. For this reason, we have a stringent project security system in place to ensure complete confidentiality of the patient.
Shorter Turnaround Time
With daily processing and submission of claims by our professionals you can be assured of timely payments from the insurance providers.
Reduced Operating Costs
Once you partner with us for billing and coding of medical claims, you can reduce your overhead costs by at least 40%, with higher accuracy and efficiency.
Efficient Follow-up for Faster Reimbursements
Our professionals will promptly follow-up the payers with all the updated information to get payments on time.
Quicker Settlements and Higher Profitability
Once the payments are settled on time, there will not be any glitches in the revenue cycle of the healthcare provider, ensuring better profitability.
Reduced Staffing Issues
Outsourcing frees organizations from managing staffing issues, such as maintaining a talent pool that is large enough to handle your volumes and scale down the team when there is less number of claims to process.
Quick Denial Tracking & Efficient Dispute Resolution
We have a quick and streamlined process to carry out prompt follow up of the denied claims. Our professionals will also efficiently resolve any disputes to get the claims without any further delay.
Trained and Certified Billing Specialists
Our Certified Coding Team (CCT) consists of rigorously trained billing specialists who are aware of all the processes and are also updated with the necessary security measures.
Client Success Stories
DME Billing Services for a California-based Client
A leading California-based client was looking for a reliable DME billing service provider. Our team at FWS provided the services within a quick time.
Full-Services Billing Services Using Medisoft
A Florida-based client was looking for a service provider who could help them with full-service medical billing services. Our team provided the client with highly cost-effective services.
Choose Flatworld Solutions as Your Billing and Coding Partner
Flatworld Solutions provides a reliable and efficient medical billing service. They have helped improve collections and lower receivables for my clients.Founder & CEO,
Billing Company in Florida More Testimonials »
Flatworld Solutions is one of the leading outsourcing firms offering a gamut of Healthcare BPO services to global clients for over 20 years. We understand the challenges that clients face while getting the claims reimbursed. Our aim is to provide superior billing and coding services that leave you free to focus on your patients. Therefore, whatever requirements you have, we can successfully assist you with everything.
Get in touch with us now to outsource billing and coding services and discuss your project specifications with our professionals.
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