Medical Billing Services
Services that Deliver Performance from a Team that Cares!
Protect your practice from financial loss by combining Coding, Credentialing, Enrollment & Billing under our HIPAA-compliant umbrella.
Improvement Guaranteed
Maximize Your Revenue Cycle with Our Performance-based Medical Billing and Coding Solutions
- Improve cash flow with faster claims payments and reducing A/R
- Reduces administrative burden and operational costs
- Improve in-practice expertise through knowledge transfer
- Decrease revenue leakage by reducing errors and denials
- Save on recruitment and training costs skilled billing/coding personnel
- Improve compliance and regulatory compliance
- Improve the overall patient experience of a practice
Medical Billing Expertise for Guaranteed
Revenue Growth
Revenue Leakage Analysis
- Through Coding and Benchmarking
- Error trend detection and analysis
- Immediate corrective measures implemented
- Preventive action plans for ongoing improvement
Unparalleled Billing Support
- Teams equipped with Best in Class Technology
- Omnichannel Customer Support: Phone, Live Chat, Text, and email
- Improved Patient Experience
Detailed Service Level Agreements (SLA’s)
- Charge Entry
- Payment Posting
- Denial Management
- Account Receivable Aging
Comprehensive Analysis and Reporting
- Scheduled or on-demand detailed reporting
- Trends, Reports, and RVU Analysis
Improvements to Clean Claims %
- Diligent measuring and analyses of data
- Easily digestible reporting offered to teams
- Ongoing improvement actions taken
Team/Process Specialization
- Teams with a focus on Specialities
- 10+ years of experience
- Specialized in providing service to small to medium medical practices.
Go Beyond Billing and Coding and Take Complete Ownership of RCM Services
Additional a-la-cart RCM services
Patient Preauthorization
- Get prior authorization from insurers and get reimbursed accordingly.
- Prevent surprise bills and penalties through water-tight prior authorization
Eligibility & Benefits Verification
- Patient eligibility and benefits verification performed to confirm insurance coverage to ensure complete reimbursement.
- All communication recorded and analyzed by AI to improve the patient experience.
Licensing Service
- Become billable faster with expedited licensing services.
- Minimize onboarding time of new clinical personnel.
- Physician, Non-Physician, DEA, CDS, CLIA & Group Licensing
Credentialing Service
- Fast Insurance Medical Credentialing and Provider Enrollment
- Relationships with insurers and in-depth knowledge of processes
- Expedited service through constant follow-up
Your Answer to Faster Reimbursement and Minimizing Revenue Loss
Expertise that Blends in With Ease
Our team of experienced medical coding and billing professionals are not just knowledgeable, but also adept at integrating seamlessly into your existing workflows.
We understand the importance of collaboration and work closely with your team to ensure a smooth transition, minimizing any disruptions to your operations.
Maximizing Revenue Potential
We understand that maximizing revenue is crucial for the financial health of your healthcare organization, but so is your time with patients.
Our dedicated team works tirelessly to optimize your coding and billing processes, studying patient statements, identifying areas for improvement, and implementing strategies to increase reimbursement rates and minimize claim denials.
Proven Track Record
Safeguard Your Revenue
Relying solely on an individual in charge of safeguarding your revenue can pose significant risks. Neolytix teams incorporate stringent governance structures with the appropriate checks and balances designed to minimize the probability of revenue leakage.
Discover how Neolytix medical coding services can help maximize revenue while reducing financial risk.
CUSTOMER TESTIMONIALS
Listen to what our clients have to say
Frequently Asked Questions (FAQ’s)
Medical billing services can include claim submission, payment posting, denial management, patient billing, and insurance follow-up. Additionally, some medical billing services offer coding review and audit services to ensure compliance with coding guidelines and regulations. Neolytix is not only a medical billing services company, but also provide full spectrum revenue cycle management services for your healthcare organization with services covering all of the above and more. For medical billing services in Illinois or anywhere else in the country, contact us today and learn how we can help improve your future financial outlook.
Building a reliable expert billing team of medical billers and coders is becoming more difficult. This is due to the ongoing labor shortage in the US.
Finding and onboarding billing staff wastes time and money. Without an expert, cohesive team, the billing process is not as secure as it should be. This leads to providers losing revenue.
In addition, poor coding practices also contribute to a loss in revenue.
Medical billing services can help improve revenue and profitability for healthcare organizations by reducing billing errors, reducing medical claims denials, improving payment accuracy and turnaround time, and minimizing the administrative burden of billing and collections. This allows healthcare providers to focus on providing quality patient care while maximizing revenue streams.
Search for a reputable medical billing service provider with more than 10 years of experience in the industry. Ensure they live up to their promises by investigating their online reviews and testimonials.
Ensure that his company has measurable metrics on how quickly they bill, how they work with your practice to improve clean claims and have the expertise to help do coding analysis for any revenue you may be leaving on the table.
The outsourced billing company that would best serve your practice should use the latest technology, be on top of their game with legislative coding changes, and be able to integrate additional services such as licensing and credentialing to provide a holistic revenue cycle enhancement.
For medical billing or any other non-clinical services in Illinois, contact Neolytix and learn how we can help fortify your financial future.
Medical billing services are typically priced based on a percentage of the amount billed, with rates ranging from 4-10%. Some providers may also offer a flat fee per claim or hourly billing for certain services. It’s important to understand the pricing structure for medical billing services and ensure it aligns with the needs and budget of your practice. Get a quote…
- Through Coding and Benchmarking
- Error trend detection and analysis
- Immediate corrective measures implemented
- Preventive action plans for ongoing improvement
- Diligent measuring and analyses of data
- Easily digestible reporting offered to teams
- Ongoing improvement actions taken
- Teams equipped with Best in Class Technology
- Omnichannel Customer Support: Phone, Live Chat, Text, and email
- Patient Interaction analyzed by AI to determine sentiment
- Scheduled or on-demand detailed reporting
- Trends, Reports, and RVU Analysis
- Revenue Leakage Analysis
- Teams with a focus on Specialities
- 10+ years of experience
- Specialized in providing service to small to medium medical practices.
Get a No Obligation Quick Quote for Medical Billing Services
Learn more about improving Billing and Collection at your medical practice
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