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Top 3 Practices for Cardiology Medical Billing Services

While hundreds of medical billing companies have been introduced over the years, only a few of them can effectively optimize cardiology billing systems for maximized revenue streams and faster payments. Most established medical billing companies concentrate on various practices such as pediatric billing, OB/GYN billing, and orthopedic billing. However only few offer expertise in cardiology medical billing due to the rich complexities involved with this particular type of billing.cardiology medical billing

We’ve researched many potential providers of cardiology billing services to narrow it down to three companies. Below we provide the firms that offer specialized cardiology medical billing services.

1. Practice Management

Established in the year 1995, Practice Management offers some of the industry’s leading medical billing services with expertise in serving cardiologists. Since then, the firm has been assisting doctors and medical practices to run their ventures more efficiently. Practice Management uses a fee-based model to evaluate billing service fees, but also tailors custom programs for each individual client. This method is based on three factors: payer mix, practice’s volume, and medical specialty.

Practice Management offers comprehensive medical billing services with proficiency in cardiology medical billing services. There are few medical billers with a significant range of medical billing services such as Practice Management. The company offers medical billing services in the following fields: allergy, cardiology, electrophysiology, dermatology, FQHC, ENT, family practice, internal medicine, health center, gastroenterology, OB/GYN, neurosurgery, pediatric, orthopedic, pain management, podiatry, vascular surgery and urology. The venture is also involved with the administration, electronic health records credentialing, billing management and medical billing consulting.

Following all the state and federal laws, Practice Management provides a custom-tailored cardiology billing services made to lower overhead costs and raise reimbursement growth as well as revenue and cash flow. Its cardiology billing system focuses on coding, cardiology billing security credentialing, and procedures (angiography, cardiovascular monitoring, atherectomy, cardiac catheterization, implantable, echocardiography, nuclear studies, evaluations, and stent), consultation and follow-ups. The company’s cardiology billers merge advanced technology with efficient revenue management to provide these services. To learn more about Practice Management’s cardiology medical billing services, click here, or visit the website at MaximizedRevenue.com

2. Billing Paradise

Billing Paradise is a medical billing company which was started in the year 2000. It’s one of the remaining companies providing cost-effective outsourcing remedies to the physicians. It brags of qualified healthcare specialists, professional coders and medical billers who improve collection premiums as well as increasing physician reimbursement.

Billing Paradise provides medical billing solutions in the following fields: cardiology, family practice, dermatology, internal medicine, endocrinology, OB/GYN, urology, gastroenterology, neurology, ophthalmology, rheumatology, optometry, nephrology, pediatric, otolaryngology, surgery, podiatry and physical therapy. Its billing program includes critical processes like claims submission, charge entry, account receivables, a point of contact, customized reports and denials management.

Billing Paradise is well informed with insurance carrier policies which make it offer exemplary cardiology billing services. Besides, it handles patient billing functions, charge postings and reviews and billing inquiry calls. Using a reputable EHR, efficient AMR software and following the correct cardiology billing process, the company ensures its customers (physicians) get paid for the services provided. To learn more, click here.

3. 5-Star Billing Services Inc.

With years of experience in the market,  -Star Billing Services provides professional medical billing and services related to medical practitioners. The company boasts of a proficient team of top cardiology billers with submission system and efficient appeals that raise cash flow lowers denials and cuts down self-billing costs.

5-Star Billing Services focuses in the following areas: cardiology, family practice, dermatology, internal medicine, gastroenterology, mental health, medical billing, occupational therapy, OB/GYN, orthopedics, oncology, ophthalmology, podiatry, pain management, pediatric, sleep medicine, physical therapy, rheumatology, surgery, speech pathology and urology.

5-Star Billing Services believes in account reimbursement and the best practices of medical billing. Its billing system lowers expenses and raises revenue. The business submits claims electronically for the remote access patient’s data. The company manages receivables through coding, AR cardiology tracking, patient relations, client reporting, collections, and managed care contracts and fees analysis.

3 Medical Billing Companies That Specialize in Pediatric Billing

Medical professionals in the pediatric field can benefit enormously from hiring an specialized billing company. Financial work is sometimes better outsourced to companies that know what they are doing and have done it for several years.pediatric billing practice management

Hiring these types of services will allow you to focus on your profession as a pediatrician at the same time you improve your revenue and cash-flow. Here are 3 medical billing companies that specialize in pediatric billing:

1. Practice Management

At the top of our list of proficient pediatric billing providers, Practice Management has offered cost effective medical billing and coding solutions for medical professionals for many years now. Some of the pediatric medical billing services you can outsource with them include:

  • CPT and billing code reviews, especially for codes that are old and might have become obsolete
  • Software management services. This includes installing, setting up, and running novel analytical systems
  • Handling both patient’s registrations and the procedures involved
  • Follow-up on Claims until they are cleared out
  • Revenue Cycle Management
  • Medical billing and coding requirements for the following pediatric procedures: hearing screening, newborn care, vision screening, preventive services in medicine, laboratory and developmental behavioral screening.

The extensive experience that Practice Management has achieved in the industry has allowed them to gain an unparalleled reputation. Optimization of pediatric billing and coding practices can be easily done when hiring Practice Management for pediatric billing.

2. AdvancedMD

Another experienced company in this list, AdvancedMD also focuses on attending pediatricians’ billing and coding needs and requirements. It provides efficient services following top quality standards. Some of its services include:

  • Submitting transactions to clearing house
  • Maximizing clients’ revenue cycle management
  • CPT code decoding, especially difficult cases
  • Patient scheduling
  • Verification of details
  • Processing insurances
  • Financial consultations

AdvancedMD also offers financial advice along with billing and coding services for pediatricians. The software they use is powerful and they are ethical and transparent in their services. The company prides itself on its efficiency on solving financial issues. They also have apps available to improve your medical practice including the AdvanceMobileDoc and the AdvancedEHR apps.

3. CureMD

Last but not least, CureMD’s priority is helping pediatricians solve their billing and coding issues fast. According to a survey, all of CureMD clients stated that hiring them was a long-term plan which testifies to CureMD’s reliable solutions. Some of their services include:

  • A billing manager that assess and monitors your Revenue Cycle Management
  • An implementation manager that takes care of processes and follow-ups
  • Complete financial reports created by state-of-art software
  • Insurance policy and patient statements’ management
  • Management of new code sequences
  • Decoding difficult codes

They also guarantee the following to their clients:

  • 20% collections increase in first months
  • 96% of claims will be paid upon first submission
  • A/R days dramatically reduced
  • Handling of ICD-10 so no or little disruption is made
  • Transparent services where you will be able to see where every penny is going

Medical professionals such as pediatricians are earning thousands of dollars each day. It is of utmost importance that the money is received and it’s not lost in a faulty billing and coding process. With any of the three billing companies you can rest assure that your billing and coding needs will be fulfilled in the most appropriate manner. The purpose of hiring a medical billing company that specializes in pediatric billing is to save you money in the long run.