Medical Billing Services in Maryland
Does your practice have an extensive number of claims denied? Do Delayed Payments Freak You Out? In this overwhelming situation, our team is here for your assistance. Get professional help to get rid of these problems from expert billing service providers in Maryland.
About Maryland Billig Consultancy Services
To help to maximize the financial achievements of healthcare providers, Maryland Billig Consultancy Services provides full-fledged specialized revenue cycle management (RCM) services. The entire billing process, from patient registration to the last payment collection, will be streamlined by our team of professionals. We guarantee accurate and fast claims submission, lowering denials and enhancing cash flow by utilizing cutting-edge technology and industry best practices.
In addition to our core RCM services, we provide ongoing support and training to healthcare staff, helping them stay updated with the latest coding standards and regulatory changes. Our goal is to enhance the efficiency and profitability of medical practices, allowing healthcare providers to focus on delivering quality patient care. With a commitment to excellence and a deep understanding of the healthcare industry, Medical Billing Consultancy Services Maryland is your trusted partner in achieving financial success and operational efficiency.
Revenue Cycle Management Services
At Maryland Billig Consultancy Services, we are dedicated to enhancing the financial health of healthcare providers through our expert revenue cycle management services. Our comprehensive approach ensures accurate billing, timely claim processing, and efficient collections, allowing you to deliver quality patient care.
Insurance Eligibility Verification
By verifying insurance eligibility before the patient's visit, we can reduce the likelihood of claim denials and ensure a smoother billing process.
Medical Coding (ICD-10, CPT, and HCPCS Coding)
Our team of certified coders accurately translates medical procedures and diagnoses into standardized codes.
Charge Entry for Services Provided
Efficiently enter charges for services rendered into the billing system. We maintain precise billing records for billed services.
Claims Preparation and Submission
Prepare and submit insurance claims on behalf of healthcare providers. We ensure that claims are complete and accurate.
Payment Posting and Reconciliation
Post payments received from insurance companies and patients, and reconcile these payments with the billed amounts.
Accounts Receivable (AR) Management
We improve cash flow by manageing account receivables by following up on unpaid claims and patient balances.
Denial Management and Appeals
Our team recovers revenue by handling denied claims and identifying the reasons for denial and submitting appeals.
Patient Billing and Statement Generation
Generate clear and accurate billing statements for patients. We enable patients to understand their financial responsibilities.
Collections and Payment Follow-Up
We use effective payment collection and follow-up strategies to ensure that payments are received promptly.
Out-of-Network Billing Solutions
Our expertise helps maximize reimbursement for services provided to patients with non-contracted insurance plans.
Patient Insurance Pre-Authorization
We actively obtain necessary pre-authorizations from insurance companies before services are rendered.
Billing Analytics and Reporting
We offer detailed analytics and reporting on billing performance. Help healthcare providers identify areas for improvements.
Why Choose Us
Local Expertise with National Reach
Benefit from our deep local knowledge and expertise combined with a broad national perspective.
Specialized in Maryland’s Healthcare Network
Leverage our extensive experience within Maryland's unique healthcare landscape.
Experienced Team of Certified Billers and Coders
Trust our skilled professionals to handle your billing with precision and expertise.
Customized Solutions for Every Practice Size
Receive tailored services that fit the specific needs of your practice, regardless of size
Transparent Reporting and Real-Time Insights
Gain clear, real-time insights into your financial performance with our transparent reporting.
Compliance-Driven Approach
Ensure your practice stays compliant with the latest regulations and standards.
Dedicated Account Managers
Enjoy personalized support from our dedicated account managers who understand your practice.
Comprehensive Revenue Cycle Management
Rely on our full-spectrum RCM services to optimize your financial health and operational efficiency.
Benefits of Outsourcing Practice RCM to Experts
Up to 30% increase in revenue- Minimized A/R days and claim denial
- 99% first submission claim approval
- Transparent and accurate documentation
- Streamlined billing and error-free coding
- HIPAA Compliance and Secure PHI
- Electronic claim processing and submission
Our Billing Process
Maryland Billing Company’s streamlined billing process ensures efficient and effective revenue cycle
management, enhancing your practice's financial health.
Verification
We start by verifying patient insurance eligibility and benefits to ensure coverage and reduce claim denials.
Transcription
Next, we transcribe medical records accurately to capture all necessary information for billing.
Coding
Our certified coders then assign the appropriate ICD-10, CPT, and HCPCS codes to the transcribed data, ensuring compliance and maximizing reimbursement.
Submission
We prepare and submit claims to insurance companies promptly, ensuring accuracy to expedite the reimbursement process.
Payment
Finally, we post payments received and reconcile accounts, ensuring that all financial records are accurate and up-to-date.
FAQs
We offer comprehensive revenue cycle management services, including coding, claims submission, payment posting, AR management, and more.
Our services can increase your revenue by up to 30%, reduce claim denials, and streamline your billing processes, allowing you to focus on patient care.
Yes, our services are fully compliant with Maryland state regulations and industry standards.
Yes, we have expertise in billing for various medical specialties, ensuring tailored solutions for your practice.
We use advanced coding techniques, thorough verification processes, and regular audits to ensure accuracy and minimize denials to ensures accurate claims.
We verify patient insurance eligibility and benefits before services are rendered to reduce claim denials and ensure coverage.
We follow up on unpaid claims and patient balances, aiming to reduce AR days and improve cash flow.
Yes, we offer comprehensive financial reports and analytics to help you track performance and make informed decisions.
We adhere to HIPAA regulations and use advanced security measures to protect patient data.
Yes, we provide tailored billing solutions to meet the unique needs of practices of all sizes.