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Comprehensive Billing Solutions for Small Practices: Boost Revenue, Reduce Hassle
Outsource Billing to Medicure Healthcare: Cost-Effective Solutions for Small Practices
We’ve partnered with over 1,200 practices, large and small, successfully increasing their revenue by an average of 30% through our medical billing services. We understand that as a small practice, you’re juggling a lot: providing quality care, managing administrative tasks, handling billing and coding, and ensuring accuracy.
Our team of medical billing experts offers affordable, cutting-edge solutions designed to help you transition from survival mode to growth mode. By outsourcing your billing to us, you can focus on providing exceptional patient care while we take care of the complexities of revenue cycle management.
Billing Services Customized for Your Specialty
We Cover Over 75 Specialties.
Denied claims and ineffective billing practices are major contributors to revenue loss in the healthcare industry
According to recent reports
Poor billing causes practices to lose around $125 billion each year
Lost revenue in Denied Claims is approx. $5 million per provider.
Around 80% of bills contain errors
All these stats can be reversed with thorough diligence, prior communication, and implementing a smooth billing process.
We have implemented a medical billing process that minimizes revenue loss and accelerates the collection of outstanding payments
Patient Registration
- Ensuring the accuracy of patient data, including demographics and medical history
- Ensuring patient data is correct
Prior Authorization & Eligibility Verification
- Getting pre-approval from the insurance provider
- Efficiently processing charges to speed up reimbursements
Medical Coding
- Precise coding that adheres to industry standards
- Ensuring timely identification and resolution of errors
Charge Entry
- Timely billing of patient accounts to prevent unexpected charges
- Accelerating reimbursements through timely charge posting
Claims Submission
- Submit claims digitally
- Streamline claim submissions to reduce processing time
- Ensure compliance with industry standards and maintain accuracy
Denial Management
- Track the progress of claims
- Handle claims that have been rejected, denied, or delayed
- Minimize the time it takes to collect outstanding payments
Payment Posting
- Handle post-payment tasks such as collecting co-pays, deductibles, and insurance payments once claims are processed successfully
- Provide clear and accurate financial information
Medical Billing Audit
- Regular reviews of billing practices identify incorrect submissions
- Thorough tracking of the revenue cycle management process improves its potential
