Services
At FinanceMD Billing Solutions, we understand that managing the financial side of your practice can be overwhelming. That’s why we’re here to simplify the process, so you can focus on what truly matters—delivering exceptional patient care.
Comprehensive Billing Solutions
At FinanceMD Billing Solutions, we offer Comprehensive Billing Solutions that are designed to maximize your practice’s revenue while reducing the administrative load. With an exceptional 98.5% average first pass clean claim rate, we help accelerate payments and boost your practice’s revenue. We handle every aspect of the billing process, from accurate claim submission to diligent follow-up on denied claims. When you partner with our expert team, you can dedicate your energy to delivering exceptional patient care, knowing that your financial operations are in capable hands.
KEY FEATURES
- Accurate and timely claim submission
- Proactive follow-up on unpaid and denied claims
- Comprehensive patient billing and accounts receivable management
- Detailed financial reporting
- Continuous in-depth analysis to enhance revenue and ensure compliance
Streamlined Revenue Cycle Management
Our Revenue Cycle Management Services provide a seamless end-to-end solution, covering everything from patient registration to final payment. We streamline your financial operations, improve cash flow, and reduce administrative expenses. By identifying and addressing potential payment delays, we ensure your revenue cycle is smooth and efficient.
KEY FEATURES
- Patient registration and eligibility verification
- Charge capture and claim submission
- Payment posting and reconciliation
- Financial analytics and comprehensive reporting
Strategic Consulting Services
Our Strategic Consulting Services offer tailored advice to optimize your practice management. We guide you through complex regulatory landscapes and help implement best practices that enhance operational efficiency so you can run your practice smoothly and successfully. Whether you need support with compliance, workflow optimization, or financial strategy, our experienced consultants are here to guide you.
KEY FEATURES
- Practice management consulting
- Regulatory compliance and audit support
- Workflow optimization strategies
- Financial planning and strategic guidance
- Patient outreach and scheduling enhancements
- Contract negotiations and credentialing support
Expert Coding Services
Accurate coding is the foundation for proper billing and compliance. Our Expert Coding Services ensure every service is correctly coded and optimized for maximum reimbursement ensuring that nothing is left on the table. Our team stays current with regular updates and training on the latest coding changes, helping you avoid costly errors and maintain compliance.
KEY FEATURES
- Precise ICD-10, CPT, and HCPCS coding
- Ongoing updates on coding guidelines
- Compliance with federal and state regulations
- Thorough audits with actionable feedback to boost revenue and reduce errors
- Training and support for your in-house staff
