Hospital Medical Billing Services

By assembling top healthcare revenue cycle management and medical billing experts, we possess the workforce and technology to deliver cutting-edge solutions for optimizing billing processes, reducing errors, cutting costs, and ensuring compliance with the latest regulations.

At BilltexMD, we recognize that the efficiency of your revenue cycle management is crucial for the stability and growth of your facility. We understand the challenges posed by the medical billing process for both patients and healthcare providers, and we acknowledge the time it takes to establish an effective system. Our medical billing services are designed to assist you in achieving that efficiency.

Our specialists guide hospitals through the competitive landscape of the healthcare industry, identifying opportunities for optimal reimbursement. As your partner, BilltexMD ensures 100% compliance, enabling you to receive patients and bill both out-of-network and in-network. We advocate best practices to minimize debt and unpaid bills while maximizing profits.

With our transparent approach and extensive experience in both inpatient and outpatient networks, we deliver tailored medical billing services to meet your specific needs. This allows you to concentrate on your core strengths, knowing that your billing processes are in capable hands.

Our Institutional Medical Billing Services Feature:

Full-service medical billing, coding, and collection solutions.

Credit balances processing.

Patient payment posting.

Charge entry

A/R management and follow-up

Credentialing and enrollment of providers

Insurance verification

Denial management

Reporting

Staffing Solutions

Managing medical billing is a complex task involving extensive knowledge of codes and numerous interactions among a biller, an insurance company, and a healthcare provider. With BilltexMD as your ally, you can sidestep concerns about cost pressures and a shortage of skilled billers. Our proficient billers and advanced technology solutions allow us to ease your burden and handle the process efficiently on your behalf.

Billing Education

Access our medical billing services anytime for 24/7 availability to detailed financial reports. Our clear and comprehensive reports are dissected to enable you to monitor your facility's financial well-being closely and identify opportunities for revenue enhancement. Our team remains updated on the latest industry trends and advanced technologies, ensuring full compliance with all CMS requirements, as well as HIPAA standards and regulations.

Hospital Billing Software

BilltexMD recognizes the importance of automated processes and leverages advanced tools to provide cost-effective and efficient services. We adapt to your preferences by seamlessly integrating with your existing software. Our team of billing specialists is well-versed in leading facility billing systems like Cerner, AllScripts, Epic, NextGen, MEDITECH, CPSI, and more. Our software-agnostic approach ensures complete transparency, allowing you to monitor your financial performance and gain valuable insights into our business practices.

Billing Backlog

Resolving billing backlog doesn't have a one-size-fits-all solution due to varied contributing factors like volume increase, IT issues, or a limited labor pool. To address these challenges, you need an experienced innovator in the medical billing field. BilltexMD, well-versed in major platforms, maintains relationships with primary insurance carriers, and guides clients in exploring new revenue streams.

BilltexMD can seamlessly step in and tackle your backlog within days. Our proven track record in handling billing backlog demonstrates our ability to streamline internal processes, manage redundancies, and expedite claims clearance and reimbursement. This empowers you to deliver quality care and expand your business.

Indications Your Facility Might Gain Advantages from Outsourcing

Inadequate Revenue: It's essential to reassess your billing process if your earnings fall below the industry average or if key performance indicators (KPIs) are on the decline. Evaluate cost figures to explore potential financial improvements..

Overworked Staff: If you find yourself assigning billing responsibilities to staff handling other tasks or working extended hours to manage claims, it not only impacts patient care but also hampers work-life balance, increasing the likelihood of errors.

Budget and Staff Reductions for Cost-Cutting: Streamlining operations should not compromise patient care and safety. If cost-cutting measures are adversely affecting the quality of services provided, it's crucial to reconsider your approach.

Inefficient Collections Management: Slow accounts receivable turnover and inadequate patient collections may contribute to lower revenue. If your in-house staff lacks expertise in handling denied claims, appeals, and patient balance collections, it can negatively impact your income stream.

Contact BilltexMD About Your Hospital’s Billing

To discover more about how BilltexMD can assist with your hospital's billing requirements, reach out to us today or inquire about a complimentary financial assessment.

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