Family Practice Billing Services
Is your family medicine practice struggling to generate error free bills for reimbursements? Is this challenge leading to partial reimbursements or outright claims denials? Look no further! We are providing HIPAA-compliant family practice billing services to streamline billing processes end-to-end and increase revenue for your practice.
Years of Experience
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Experienced Professionals
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How We Simplify Family Practice Billing for Your Practice
A team of family practice billing experts with AAPC and AHIMA certifications drives us. They have first-hand experience with common and complex coding challenges for acute and chronic illnesses. Our team leverages this experience to facilitate seamless and error-free billing solutions encompassing ailments such as preventive care, routine check-ups, immunizations, and minor procedures. Here is how we assist you in simplifying the family practice billing process:
- Integrate digital systems such as electronic medical records (EMR), electronic health records (EHR), and electronic data interchange (EDI) into family practice-specific billing software integrated to facilitate seamless electronic claims processing.
- Verify patient information (registration number, SSN, medical history) and insurance information (name, address, history, coverage details, effective date, expiration date, fee structure), physician referral, etc., to ensure accurate claims documentation.
- Determine and process pre-authorization requests as needed before the family medicine practice completes a medical procedure.
- Accurately assign codes (CPT codes, ICD-10 codes, HCPCS Level II codes, E/M codes, modifiers, place of service codes, etc.) for the family practice services rendered to the patients.
- Adhere to regulatory guidelines and code specificity while working on multiple types of family practice billing models such as fee-for-service, capitation, bundled payment, value-based payment, etc.
- Validate claims before submitting them to the payers, including government programs (Medicare, Medicaid), private insurance companies (Blue Cross Blue Shield, Aetna, Cigna), Tricare, Self-Pay Patients, Managed Care Organizations (MCOs), and more.
- Obtain the EOB statement from the insurance payer to check for any discrepancies in the reimbursement value, address the same, and support the appeals process.
- Examine EOBs to generate a clear summary of patient copays, deductibles, and other out-of-pocket expenses.
Our Comprehensive Family Practice Billing Outsourcing Services
- Patient demographics verification
- Insurance eligibility verification
- Coding services
- Electronic claims submission
- Electronic payment posting
- Denial management
- Revenue cycle management
- Accounts receivable management
- Financial reporting
- Patient statement and collections
Request a Quote
During the consultation, some of the issues we can discuss are:
- Your current challenges in family practice billing and coding.
- Steps to streamline the billing process to ensure accuracy in claims for timely reimbursements.
- Key measures in place to ensure compliance with relevant rules and regulations (HIPAA, AMA, AHIMA, AAPC)
- How we manage delays and denied claims to ensure maximum reimbursement.
Invensis - The Most Trusted Family Practice Billing Company
We are a leading family practice billing services provider with more than 25 years of experience in providing billing services for diverse clientele. This includes healthcare providers and practices specializing in providing primary care services, including family physicians, general practitioners, internists, pediatricians, and other healthcare professionals who offer a wide range of services such as routine check-ups, preventive care, acute care, chronic disease management, palliative care and end-of-life care, mental health care, minor procedures, and more. Our services are backed by a team of Certified Professional Coder (CPC), Certified Professional Biller (CPB), Certified Coding Specialist (CCS), Certified Professional Medical Auditor (CPMA), and others. Over the years, our clients have banked on our specialized services to achieve a near 98% clean claims, up to a 45-day reduction in A/R days, denials below 8%, and an estimated 95% net collection rate, maximizing your revenue cycle.
Benefits of Outsourcing Family Practice Billing
- Increased Revenue:
Family practice billing services involve collecting payments for medical services provided by family practice physicians. These include payments for office visits, consultations, preventive care, diagnostic tests, and minor procedures. Each of these outstanding amounts must be collected on time to make a difference to the practice's financial health.
Invensis' family practices billing solutions are designed to help you maximize revenue by ensuring timely and accurate billing and identifying and resolving underpayments. - Improved Efficiency:
Efficiency matters a lot in family practice billing. It introduces timeliness in the billing system and ensures the end-to-end process is always smooth and well-oiled. Outsource family practice billing services for guaranteed billing process efficiency.
Invensis provides access to a workflow that is bereft of all hitches. We help you save time and hassle of fine-tuning processes as per changing needs. This allows you to focus on providing quality care to your patients. - Customizable Services:
Family practice medical billing companies can be tailor their services to meet the unique needs of your practice. This means that you can select the services you need and avoid paying for unnecessary services. This has made outsourcing very popular.We at Invensis provide family practice medical billing services that the practice needs. We combine services as a model to address the challenges you face.
Trends in Family Practice Billing
- Roping in a Third-party Billing Provider:
Many family practices are outsourcing their billing services to third-party companies. This trend is growing by leaps and bounds because it allows practices to focus on patient care while leaving the billing and coding to experts. As a leading player, we understand the importance of being a responsible third-party support provider and assisting our clients in meeting all their billing needs. - Increased Use of Technology:
In recent days, family practice billing services are adopting technology such as electronic health records (EHRs), online patient portals, and mobile apps to improve billing efficiency and patient engagement. These include EHRs, telemedicine, etc. At Invensis, we embrace the latest technology to ease billing support to providers. - Greater Emphasis on Patient-Centered Care:
As the healthcare industry shifts towards a more patient-centered model, billing services for family practices are becoming more focused on patient satisfaction and engagement. This includes providing transparent billing information, offering multiple payment options, and using patient feedback to improve billing processes. Family practice medical billing companies extend the services to make patient-centric care more easy and acceptable for family practices.
What Our Customers Say
Invensis has been a great partner providing quality medical coding and billing services. The team is extremely responsive to every query we pose, and the turn-around time for deliverables is always as committed.
Invensis has been our revenue cycle management healthcare outsourcing partner for the past 5 years. They have always delivered on their commitments, whether it is meeting our Service Level Agreement (SLA) or improving our billing process.
We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.
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