Increase Revenue & Efficiency With Neolytix Medical Billing Services

Strengthen your financial operations by partnering with our expert billing teams. Experience a seamless transition toward reduced revenue leakage, cost reduction, HIPAA compliance, and improved patient experience. 

Improvement Guaranteed.  

Strengthen Your Revenue Cycle with Our Expert Medical Billing Solutions

At Neolytix, we understand the complexities of medical billing and its impact on your healthcare organization’s financial health. Our dedicated team of experts is here to simplify the process, maximize your revenue, and allow you to focus on what matters most – providing exceptional patient care.

Our dedicated team of experts, including skilled account managers, utilizes advanced medical billing software to streamline your billing process, from electronic claims submission to payment follow-up. This approach ensures a cost-effective solution that maximizes your revenue.

physician discussing medical billing services
medical process

Optimize Your Medical Billing Process with Ease

At Neolytix, we’re dedicated to identifying and implementing improvement opportunities throughout every stage of the billing cycle.

Our collaboration combines the specialized industry expertise of our billing teams with the unique insights of your healthcare organization’s staff, fostering a powerful synergy that drives continuous enhancement and optimization of your entire process. 

The Key Components Within Our Comprehensive
Medical Billing Services

Revenue Leakage Analysis

Unparalleled Billing Support

Detailed Service Level Agreements (SLA’s)

Comprehensive Analysis and Reporting

Improvements to Clean Claims %

Team/Process Specialization

How It Works?

medical billing services

1) Consultation

Our process begins with a comprehensive consultation, where we understand your specific needs and challenges. This helps us create a personalized plan for your medical billing.

medical billing services

2) Tailoring A Solution

We create a customized solution to fix your specific problems  based on our consultation with you.

medical billing services

3) Implementation

Our experienced team implements the tailored solution into your existing workflow, minimizing disruption while maximizing the positive impact on efficiency and revenue generation.

medical billing services

4) Revenue Optimization

We strive to optimize and enhance your revenue streams, ensuring a positive impact on long-term financial health.

Transform Your Revenue Cycle: Drive Results with Medical
Billing and Coding Solutions

At Neolytix, we are experts in medical coding and specialize in finding and fixing issues that cause revenue loss. Our proficiency extends beyond loss detection, and we also focus on optimizing the entire billing process for sustained financial growth and operational excellence. 

medical billing services
medical billing services

Featured Billing Success Story

Your healthcare organization could be next to witness the compassionate expertise of our billing teams — like Gemstone Wellness did.

Why Choose Neolytix Billing Solutions?

Neolytix has provided efficient revenue cycle optimization to healthcare organizations nationwide for over 12 years.

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  • Expertise and Accuracy: Access to specialized skills and expertise in medical billing, ensuring accurate coding and claims submission.
  • Maximized Revenue: Professional billing services are adept at optimizing revenue cycles, minimizing claim denials, and ensuring timely payments.
  • Saves money: No need for staff, training, or overhead for billing infrastructure.
  • Efficiency and Productivity: Streamlines processes, leading to increased efficiency and productivity in the practice.
  • Adherence to Compliance: Ensures compliance with constantly evolving healthcare regulations, reducing the risk of legal issues and penalties.
  • Less billing errors: Uses advanced technology and skilled professionals, resulting in fewer claim rejections.
  • Faster Payments: Accelerates the payment cycle by submitting claims promptly, resulting in quicker reimbursement for services rendered.
  • Scalability: Allows for flexibility to meet the changing needs of the practice, whether it’s growing or seeing more patients.
denial management in medical billing

Go Beyond Billing and Coding and Take Complete
Ownership of RCM Services

Create a high-performing collections process synergy with services designed to collaborate and complement
each other to minimize financial losses and maximize the overall patient experience.
Licensing Service
credentialing services
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Eligibility & Benefit Verification

CUSTOMER TESTIMONIALS

Specialty-Specific Medical Billing and Coding Services

 Neolytix is a top medical billing service provider in the USA with over 12 years of experience. We assist healthcare providers nationwide, including Texas, California, New York, Hawaii, and more. Our team is experts in maximizing billing claims payments in all 50 states, securing financial success for our clients.

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ENT

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Pain Management

general surgery

General Surgery

obgyn

OBGYN

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Laboratory

orthopedic

Orthopedic

gastro

Gastroenterology

oncology

Oncology

nephrology

Nephrology

cardio

Cardiology

dermatology

Dermatology

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Ambulatory Surgery Centers

pediatric

Pediatric

Frequently Asked Questions (FAQ’s)

Medical billing typically encompasses claim submission, payment posting, denial management, patient billing, and insurance follow-up. Some services may also include coding review and audit services for compliance with coding guidelines and regulations.

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.

Clean claims require accurate coding. Research shows that over 50% of claim denials could be attributed to coding errors.

Loss in revenue is a direct result of improper coding. Coding is always changing, and coders and billers are often too busy to keep up with the changes.

In addition, borderline-burnout physicians may experience EHR difficulties and miss relevant codes or supporting documentation. Expert coders and billers must work together to increase practice revenue. This is why the outsourced medical billing industry is growing at a rate of 12% per year.

Medical billing services can increase the revenue and profitability of healthcare organizations. They achieve this by reducing billing errors, denials, and administrative workload. Additionally, these services improve payment accuracy and turnaround time for medical claims. 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 clear methods for measuring the speed of bill delivery. Additionally, make sure they have effective collaboration with your practice to enhance the accuracy of claims. Lastly, ensure that they possess the necessary knowledge to analyze coding and prevent any loss of revenue.

When selecting a billing company, it is important to consider their use of the latest technology. Additionally, they should stay updated with coding changes. It is also beneficial if they offer additional services such as licensing and credentialing. These services can help improve your revenue cycle.

Contact Neolytix in Illinois for medical billing and other non-clinical services to strengthen your financial future.

Billing services are typically priced based on a percentage of the amount billed, with rates ranging from 4-10%. Some providers may offer a flat fee per claim or hourly billing for certain services. Understand medical billing pricing to ensure it fits your practice’s needs and budget.

Get a Quick Quote for Medical Billing Services

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Update Your Medical Billing Knowledge

Read our most popular articles covering every angle of the topic of medical billing