Medical Healthcare Solutions: Performance-Driven Medical Billing Services

Medical billing is a critical component in the healthcare industry and takes precedence in determining the sustainability of a practice. Hospitals in the U.S. experience losses amounting to $125 billion every year due to poor billing practices. Medical practices are unable to focus on providing optimal care due to hindrances they face with changing regulations concerning billing, adoption of ICD-10 coding, and unique rules of insurance companies. Many medical institutions, especially small ones, struggle with billing because they tend to manage it in-house without any dedicated staff. Consequently, mistakes occur due to oversight and critical issues lack timely follow-ups, resulting in payment delays or even denials. Medical billing services handle claims submissions, payments from insurance companies, and manage co-pays to ensure that practices are paid promptly for services rendered. With decades of medical billing experience in the healthcare ecosystem, Medical Healthcare Solutions (MHS) provides effective and rapidly evolving healthcare solutions. “MHS’ service-oriented approach and utilization of cutting edge technology allows us to provide healthcare professionals with medical billing, electronic health records, and practice management solutions,” remarks Stephen Brighton, president and CEO/Owner of MHS.

An efficient medical billing solution ensures that claims are submitted in a timely manner, along with proper International Classification of Diseases service codes for treatments, procedures, and surgeries. MHS offers customized billing services that meet specific needs of clients and manages every step of practice billing, including claims and entry submission, payment posting, patient billing, and claims denial follow up. The billing service facilitates higher cash flow, electronic claims submission, financial reports, state-of-the-art coding procedures, and confidentiality. “Your claims are being processed accurately, efficiently, and promptly, while the number of denied claims due to billing errors is reduced,” states Brighton. In case of a payment denial by insurance companies, MHS’ dedicated reimbursement team works tirelessly to make certain that practices receive the money owed to them.

Outsourcing billing helps healthcare providers save thousands of dollars when it comes to yearly revenue and benefits for in-house employees.