Maximize Your Internal Medicine Practice with Expert Billing
Do you feel like your internal medicine practice is drowning in billing problems? With Philadelphia Medical Billing Services, you will no longer have to worry about complicated billing procedures affecting your revenue. We have a team of experienced professionals dedicated to internal medicine billing with accurate coding, claim submission, and assertive denial strategies.Collaborate with us to reduce the pressures of billing and improve the revenue cycle for your facility so that you can focus on patients.
Specialized Services for Internal Medicine Practices
Chronic Disease Management Billing
We portray and charge all chronic disease management care services such as care coordination, patient education regarding their ailment, and medication review.
Preventive Medicine Billing
Our expertise extends to preventive care services, including annual wellness visits, hinge on services, and immunizations.
Geriatric Care Billing
We comprehend the challenges in charge capturing among geriatric patients, such as multiple comorbidities, chronic diseases, and medication management.
Telehealth Billing
When it comes to billing, we are familiar with the rules surrounding telehealth and can properly code and submit claims for virtual visits.
Complex Case Review and Coding
We have a team of technicians that deal with complicated cases, including cases with more than one diagnosis, different comorbidity factors, and a number of recorded observations.
E/M Level Optimization
Our focus is to make sure that the codes our clients choose for the Evaluation and Management (E/M) are correctly done according to the time spent with the patients and the complexity of their cases.
Outpatient and Inpatient Billing
For internal medicine, we collect charge and payment for outpatient services and services of inpatient admissions, observations, emergency department, and inpatient stays.
Why Choose Philadelphia Medical Billing Services for Your Internal Medicine Practice?
- Deep Understanding of Internal Medicine: Our specialists have a comprehensive understanding of internal medicine billing procedures, including coding, submissions, and revenue management.
- Specialized Service Focus: With a special focus on internal medicine practices, we are able to accumulate a great deal of specific knowledge on how to address the billing issues of this particular type of practice.
- Advanced Technology: Our specific operational strategy is the proficient usage of complex billing software tools and data analysis to minimize mistakes and increase effectiveness.
- Dedicated Account Management: You will have your account manager who is familiar with your practice and will be giving you individual attention.
- Strong Compliance Adherence: We keep abreast of the current trends, including the laws that govern your industry, to avoid instances of audits on your practice.
- Exceptional Customer Service: As a customer, you are more than a client to us—you are our partner, and we work to ensure that your needs are met. We aim at offering our clients accessible and clear communication all through the process of our working together.
- Data-Driven Insights: We provide clear schedules of financial statements and analysis for your practice to enable you to make appropriate business decisions.
- Cost-Effective Solutions: The services that we offer are affordable and are value for money services that you can be assured of.
Key Points That Make Us the Best Internal Medicine Medical Billing Company
- Through a claim accuracy ratio of 98%, clients experience a 20-30% revenue bump within the initial six months because of sustained follow-ups and appeals.
- We file the claims within one day, which cuts down your practice’s accounts receivable days by 15%, and we get the reimbursements as quickly as possible.
- Audits are performed frequently to avoid non-compliance with the HIPAA and CMS laws and reduce the risks of audits to 50%.
- With efficient credentialing, we are able to save up to 40% of the time required to complete the process, making it possible for the provider to attend to the patients.
- We collaborated with a midsized internal medicine practice, increasing overall revenues by 25% while simultaneously reducing claim denials by 15% in the first quarter.
Revamp Your Internal Medicine Practice’s Finances
Choose Philadelphia Medical Billing Services and get your free consultation today. We will carefully evaluate your individual case and choose the best option to improve your revenue cycle.