Physical Therapy Billing Services
AltuMED is the leading RCM solution provider for your physical therapy practice. With over 15 years of experience in medical billing and practice management, we provide top-of-the-line service to your hospital or clinic.
Outsource Your Physical Therapy Billing To Enhance Cash Flow
Clinics and rehab centers rely on payments from patients and insurers. However, billing errors and delays can disrupt the payment process, affecting the overall revenue. The most appropriate way to prevent such occurrences is to outsource your billing operation.
AltuMED provides comprehensive revenue cycle management for your PT services. We customize our solutions according to your clinic’s requirements. We take care of claims, payments, and everything in between, letting you focus on therapy.
Our Physical Therapy Billing Expertise Spans
Optimizing Reimbursement Through Payer Expertise
To ensure zero reimbursement delays, clinics must be fully informed about payer contacts and relevant policies. This vital understanding helps with proper documentation and accurate claim submission. It is a crucial step to avoid getting underpaid.
At AltuMED, we pay the utmost attention when documenting your PT procedures and submitting their claims. We also follow up on our claims to ensure little to no rejections or delays.
How Can We Help in Physical Therapy Billing Services?
AltuMED has years of experience providing Physical Therapy billing services. Our expert team performs efficient and accurate billing and coding to get on-time and maximum possible reimbursement.
We provide complete as well as customized PT billing services, which include the following:
Insurance Eligibility Verification Services
Reimbursement on PT billing largely depends on whether a patient is declared eligible by the insurer or primary care physician to receive the documented care. Therefore, the billing team must check coverage limitations, policy terms, and treatment approval requirements. At AltuMED, we thoroughly study the patient’s details and insurance terms while building a claim. We also calculate deductibles and co-payments to keep the claim process streamlined and targeted.
Demographics & Charge Entry Services
A demographics entry means feeding the patient's personal and insurance information into the billing system. A charge entry, on the other hand, involves entering the patient’s billing information—such as therapy provided, code of the procedure, and charges. Both these processes are foundational in claim building. Hence, the accuracy of the information is vital for avoiding claim rejection or other issues.
With AltuMED, you can rest assured about the accuracy of information. Our diligent, proficient team of experts and the AI-backed system keep your claims from becoming erroneous.
Strategic Denial Analysis
Claim denials can result in major revenue losses. Therefore, analyzing each denial is imperative for identifying the reason for rejection and suggesting corrective measures. At AltuMED, we look into the root causes of denials and develop prevention frameworks. We do not work on denials to merely fix them; we work on them to prevent future denials.
Payment Posting
This vital process involves recording payments from the patients and insurers into the billing system. It helps determine whether the treatment acquired was medically necessary, covered by the insurance, or required prior authorization from the insurer.
At AltuMED, we analyze the ERAs and EOBs to verify that payment information is recorded in the patients’ accounts and address discrepancies.
Physical Therapy Billing Made Right with AltuMED!
At AltuMED, we ensure that your financial procedures do not hit roadblocks due to billing inconsistencies. Our PT billing services give you room to build and grow your clinic or hospital operations. We develop bespoke revenue cycle solutions that help you get more cash while you spend less time on paperwork.