Medical Billing Services
Maximize your Practice’s ROI with AltuMED’s Elite Medical Billing Services
The subject of medical billing and the services of healthcare revenue cycle management are quite extensive and even for the most experienced healthcare provider they can be quite challenging to deal with. The array of regulations, coding complexities and changing claim procedures cast confusion over your employees, and the time and effort needed for care being side tracked.
AltuMED appreciates these challenges since they are in a unique position to understand them well. We are your partners – for the enhancement of your practice’s financial situation so that you can concentrate on providing quality healthcare. The complete range of medical billing and management solutions offered by us uniquely caters to the need for simplification of processes, optimization of revenue and overall enhancement of your practice.
Why Choose AltuMED?
Experience and Expertise
Currently, we empower our Certified Professional Coders, Revenue Cycle specialists, and Billing specialists Our main strength is the experience offered by our employees who have several years of experience in the healthcare field.
Cutting-Edge Technology
However, we incorporate the best medical billing software and technology to reduce mistakes that may be likely to occur and also to reduce time spent on the various processes. It is possible to design our systems to be compatible with your EHR and PM software and keep order and optimization in your workplace.
Customized Solutions
This means that we understand that no two medical practices are the same they are as individual as the patient they serve and have their own respective strengths and weaknesses as well as vision and missions. It is not one-size-fits-all as our service delivery is based on the individual client’s needs and circumstances.
Transparency and Communication
In our case, we consider and adhere to the general notion of people’s right to know. You will be dealing with your account manager who will occasionally be checking on you and you will also be receiving financial statements that relate to your practice.
Proven Results
The timelines stated above show a picture of WCR’s accomplishment in social causes such as the rights of women and children. Numerous hospitals of various specialties have achieved reasonable levels of enhancement in their revenue cycle management and therefore in their collections, reduced costs, and satisfied patients with our help.
Our Comprehensive Medical Billing and Management Services
- Charge Capture and Coding: As much as possible, we try to double the charges element on all the services that we may offer and our medical charges are coded appropriately to increase our chances of getting paid.
- Claims Submission and Follow-Up: Included in this system are efficient claims that help in submitting claims and reduce delay and rejection thus increasing the chances of payment being made. As for recent and outstanding claims, we continue to actively pursue unpaid or denied claims with the insurance payers and settle all the payments.
- Payment Posting and Reconciliation: Payment posting to the patient accounts is done carefully and we make sure that we balance patient accounts with insurance remittances.
- Denial Management and Appeals: For instance, the denied claims are reviewed by our specialists who determine the causes for denial and undertake appealing for reimbursement of revenues on time.
- Patient Billing and Collections: The customized billing statements are easily understood by the patients, and upon the month's end, when preparing the outstanding balances, we follow up with patients leading to good patient collections and fewer bad debts.
- Cost-effective Solutions: We have affordable prices and there are many variants of services so that you can choose the best for you. This reduces the amount of time that your staff uses in managing administrative tasks thus increasing efficiency. We are never permitted to make costly errors; nor are we permitted to receive a denial.
- Financial Reporting and Analytics: We provide summarized financial statements on the practice and provide advice that allows you to control practice financials, identify patterns and make good decisions.
- Provider Credentialing: We help you to oversee the credentialing of your providers, they are subscribed to insurance payers and all other requirements are met.
- Fee Schedule Review and Optimization: Our consultants analyze your fee schedules so that we can provide recommendations for changes that enable you to adjust your rate of charge for services provided.
- Contract Negotiation: Regarding payment for the services which you will offer, we consult with insurance payers on how you will be paid with the aim of ensuring that the desired reimbursement rates and any conditions are met on the preferences that you have for your services.
- Coding Audits and Education: We carry out coding audits that will help us assess the compliance risks and train your staff so that they code correctly.
- MACRA/MIPS Reporting: Help with MIPS reporting under the MACRA Act for your practice; we help to get the maximum incentives & avoid penalties.
- Consulting and Advisory Services: All our physicians have extensive experience in getting clients the solutions they need and they also give advisory on different issues like revenue cycle, practice management and compliance among others.
- Maximizing Patient Engagement: Broaden the range of communication with the patients, and the administrative aspects of the billing should also be well-planned.
- Personalized Attention: As common, there are always account management and customer support who will always be in touch with the buyers. That meant that it became our duty to ensure that your staff was trained on coding and billing procedures. Thus, we are just a phone call, an online talk or an e-mail message away from providing all the information that you may need and from hearing your concerns.
What Our Clients Say
When working with AltuMED, I was able to reduce 70 percent of the AR management work that I used to do and spend more time with my patients.
Dr. Pujara Chandrakant
Michigan Cardiology Associates, Wayne, Michigan
During the time we have been cooperating with AltuMED, there has been a marked increase in the revenues of the company and at the same time the number of denied claims has also reduced, which was made possible by the knowledge and the tools offered by AltuMED.
Dr. Emily Davis
Family Practice Associates
The team at AltuMED is professional, responsive and genuinely invested in our practice’s success. They have emerged into being an extremely valuable partner in our practice.
Dr. Michael Johnson
Dr. Michael Johnson, Orthopedic Specialists
Let us help you rethink your practice today!
Discover how your practice can achieve more with the help of AltuMED’s top-notch medical billing services and revenue cycle management. Call us today for your FREE consultation and see how we will change the look and feel of your practices.
We’ll take care of the challenges in medical billing services and leave you to do what you do best; that is delivering quality patient service.