See Breakthrough Improvement In Your Billing By Contacting Us!
- Verifying Eligibility And Authorization Requirements
- Appeals Of Out Of Network Claims
- ERISA Solutions
- Addressed Systematic Errors
- Enhanced Patient Care
IS YOUR HOSPITAL BILLING PROFITABLE?
Inaccurate claims, aging accounts receivable, hospital billing and shortage of in-house staff are the most recurring issues in healthcare organizations. Dealing with such administrative problems can cause overhead expenses, putting your profit on the declining graph. With financial prosperity, you can expect to treat your patients efficiently. Scaling is a far cry; survival becomes difficult if your hospital billing process is unstructured and ineffective.
Maintaining a thriving hospital is a challenging task and being physical, you will find it difficult to deal with business and marketing aspects. In order to provide better patient care, you should outsource the hospital billing and routine business activities to specialists in this area and focus on practicing your core strength.
Eligibility Verification
Medmax offers the fastest and accurate way to submit the claims with lower chances of rejection.
Out-of-Network Negotiation
We lessen the financial loss of your practice with our excellent out-of-network negotiation services.
Correct Charge Entry
Our expert team submits accurate payment details and data regarding the demographics of the patient.
EHR Technology
Our expert team can work with the latest EHR technology for secure data transmission of your patients
Denial Analysis & Collection
We analyze rejected claims meticulously to resubmit them for maximum revenue collection.
A/R Follow-up
Our A/R recovery services are a notch above the rest and guarantees 10-15% increase in your cash flow.
WE CAN SCALE YOUR BUSINESS!
Medmax Technologies has excellent talent and resources to tackle your hospital billing with the utmost efficiency. We take pride in serving hundreds of clients all over the USA for over a decade. We keep ourselves updated with the latest hospital billing and coding changes and government regulations. This leads to the accuracy and precision required to carry out a smooth revenue cycle management for a thriving practice like yours.
So, what are you waiting for? Get in touch with us so that we can produce a custom-tailored solution for your hospital. We bet you will be satisfied by our services and see a noticeable but positive difference in your revenue cycle.
| If billing percentage is 2.99% | if billing percentage is 3.99% | if billing percentage is 4.99% | if billing percentage is 5.99% | ||||
|---|---|---|---|---|---|---|---|
| Referral Pro 6% | Referral Ultimate 4% | Referral Pro 6% | Referral Ultimate 4% | Referral Pro 6% | Referral Ultimate 4% | Referral Pro 6% | Referral Ultimate 4% |
FAQ's
What is the Importance of Hospital Medical Billing for Patients with Health Insurance?
Hospital medical billing is a critical process for patients with health insurance. It ensures that the costs associated with their medical care are accurately accounted for and submitted to their insurance provider. This process helps to streamline account management and reduces any potential financial burden on patients.
How Does Hospital Medical Billing Work for Different Medical Specialties?
Hospital medical billing is tailored to various medical specialties. Each specialty requires specific information to be included in the billing process. Our expert team is well-versed in the nuances of billing for different specialties, ensuring timely submission of claims so that your money can come to your pocket faster.
What Information is Required for Hospital Medical Billing?
To initiate the hospital medical billing process, we require essential information from patients. This includes details about their health insurance, medical specialty, and any specific costs associated with their treatment. Providing accurate information upfront facilitates a smooth billing experience.
How Does Hospital Medical Insurance Impact the Cost of Medical Services?
Hospital medical insurance plays a crucial role in mitigating the cost of medical services for patients. It ensures that a significant portion of the bill is covered, reducing the financial burden on individuals. Our team is experienced in navigating health insurance policies to maximize benefits for patients.
What Questions Can I Ask Regarding My Hospital Medical Bill?
Patients may have questions about their hospital medical bill, and we encourage open communication. You can inquire about any aspect of the billing process, including details about specific charges, account management, or insurance coverage. Our team is here to provide clear and comprehensive answers.
How Can I Manage the Cost of Hospital Medical Services?
Managing the cost of hospital medical services is a concern for many patients. Our team is dedicated to helping individuals navigate their bills, explore available health insurance options, and provide guidance on ways to effectively manage the financial aspect of their healthcare.
Want to make your medical billing more profitable?
Let Us Educate You on the Latest Medical Billing Trends and Updates
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