Expert medical billing is essential to run a successful medical practice, as it ensures that the providers get paid accurately and timely for the services they deliver. Medical billing involves submitting claims to insurance companies, verifying eligibility and benefits, following up on denials and rejections, collecting copays and deductibles, and maintaining compliance with coding and documentation standards. A good medical biller can help a practice increase its revenue, reduce its expenses, and avoid legal issues.

However, medical billing can also be very complicated and time-consuming, as it requires specialized knowledge, skills, and software. Many medical practices struggle with medical billing, as they face challenges such as high staff turnover, lack of training, errors and inefficiencies, outdated systems, and changing regulations. These challenges can lead to delayed or denied claims, lower reimbursement rates, higher operational costs, and dissatisfied patients.

That is why Reliant Physicians offers expert medical billing services, to help medical practices outsource their billing needs and focus on their core competencies. We have a team of certified and experienced medical billers, who use advanced technology and best practices to handle all aspects of medical billing, from claim submission to payment posting. We also provide regular reports and analysis, to help our clients monitor their financial performance and identify areas for improvement.

By outsourcing your medical billing to Reliant Physicians, you can benefit from the following advantages:

• Increased revenue: We can help you increase your cash flow and reduce your accounts receivable, by submitting clean and accurate claims, reducing denials and rejections, and improving collection rates. We can also help you optimize your fee schedule and contract negotiations, to ensure that you get paid the maximum amount for your services.
• Reduced costs: We can help you save money on staff salaries, benefits, training, and overheads, by taking care of your billing functions and providing you with a fixed and transparent fee. We can also help you avoid costly penalties and fines, by ensuring that you comply with the latest coding and documentation standards and regulations.
• Improved patient satisfaction: We can help you enhance your patient experience and retention, by providing courteous and professional customer service, answering billing questions and concerns, and offering convenient payment options. We can also help you reduce your patient complaints and disputes, by providing clear and accurate billing statements and explanations of benefits.

To illustrate the benefits of expert medical billing, let us look at some examples of how Reliant Physicians has helped medical practices improve their billing performance. In one case, we helped a dermatology group increase their monthly collections by 35%, reduce their accounts receivable days by 50%, and lower their denial rate by 15%. We achieved this by auditing their existing billing processes, identifying and resolving errors and inefficiencies, implementing quality control measures, and providing ongoing feedback and education. In another case, we helped a cardiology group reduce their compliance risk by updating their coding and documentation practices, according to the latest guidelines and regulations. We also helped them automate their billing workflows and processes, and integrate their billing system with their electronic health record system, to improve data accuracy and security.