Physical Therapy
Expert Solutions for Optimized Cash Flow in Physical Therapy Billing Services
Timely insurance payments are vital for clinics & rehab facilities; mishandling billing causes issues.
AltuMED offers tailored end-to-end PT revenue cycle management. Our billing experts handle claims and payments, letting you focus on therapy.
Discover how we drive maximum reimbursement for outpatient rehab facilities across the country.
Our Billing Expertise Spans
Optimizing Reimbursement Through Payer Expertise
Effective therapy reimbursement demands staying current on payer contracts and policies. By staying updated on insurer guidelines, we ensure accurate claims and prevent underpayments.
We use payer relationships to maximize reimbursements through proper documentation and tailored submissions. Our efficient appeals process consistently recovers 20–30% of initially denied claims.
How We Can Help in Physical Therapy Billing Services
Altumed has years of experience providing Physical Therapy billing services. Our professional Physical Therapy billing services team will do accurate Physical Therapy billing and coding to get on-time and maximum possible reimbursement. For detailed information about how we can help you achieve maximum Physical Therapy services reimbursement, contact us right away.
We provide complete Physical Therapy billing services as well as customized billing services, which include the following:
Insurance Eligibility Verification Services
In this procedure, we verify patient eligibility for benefits under their insurance policy for Physical Therapy services, including referral or pre-authorization requirements. We compute deductibles and co-payments. Our Physical Therapy Medical Billing Services enhance cash flow, reimbursements, and insurance eligibility verification.
Demographics & Charge Entry Services
Charge entry is the key step in billing and determining healthcare organization payment. Patient charges are entered from the FaceSheet into their account. A skilled team is crucial for accurate patient demographics entry. Our Physical Therapy billing team offers high-quality, error-free demographic and charge entry services.
Anesthesia Billing & Analysis
Our Physical Therapy medical billing services team reviews several sources in a patient's file, such as the doctor's transcription, diagnostic test reports, imaging reports, and other sources, to verify the services performed and assign appropriate physical therapy codes.
Incorrect code submission can lead to continuous claim denials, underpayments, and a disrupted workflow. Such difficulties can result in unnecessary claim-related burdens and complex medical billing issues.
Physical Therapy Services Collection & Denial Analysis
Claim denials can lead to major losses, so tracking them is crucial. Our Physical Therapy collection team identifies denial reasons, corrects errors, and resubmits within filing limits. If denials are due to insufficient information, we promptly address the gaps. Our billing professionals help monitor denials, analyze causes, and improve processes to reduce denials.
Payment Posting
Payment posting helps identify payer issues, with denials for medical necessity, non-covered services, and prior authorization assigned to the Physical Therapy RCM team. We review ERAs and EOBs to ensure all payment details are entered and updated in patient accounts.
Providers Credentialing Services
Provider credentialing is key in the revenue cycle, linking physicians to payers and enabling insurance payments for Physical Therapy services. Our billing team expedites payments, increases referrals, prevents revenue leakage, reduces denials, and identifies provider trends.
Experience the Difference of Billing Done Right
Our billing experts are trusted extensions of your financial team. Explore our tailored revenue cycle solution for enhanced cash flow & reduced administrative workload.