MedBill Solutions Q&A provides the most common questions and answers about our medical billing services. MedBill is a medical practice management, billing, and scheduling company that focuses on streamlined, simple and affordable solutions for providers.
MedBill Solutions Q&A
Is MedBill Solutions medical billing service right for my practice?
As advocators of your practice’s profitability, we ask that you perform a cost analysis in the following areas: Collected percentage of billings, Patient collection ratio, cost of billing staff, cost of Software/Hardware, and cost of claim processing.
To ensure a right fit for our collaboration, a portion of MedBill Solutions’ initial proposal will be dedicated to performing a one-time audit of your in-house billing costs versus our billing service fees.
What is the advantage to using MedBill’s medical billing service?
MedBill offers the top of the line Practice Management/Billing System with quality communication, fast billing results, insight to practice data, powerful reporting tools, interactive scheduling, and a secure cloud based system with the option of practicing on the go. We are dedicated to increase the percentage of billings collected, therefore, increasing your patient collection ratio. We offer highly skilled certified billers to oversee every step of your billing process to collaborate and serve you as your trusted advisor and coach, helping to identify ways of maximizing profitability in your practice. Each of the medical billing specialists on our staff are AAPC certified, are well versed in workers compensation and third party accident billing, have a combined experience of 30 years, and receive annual continuing education to add to the quality of our billing specialist team.
Why should I choose MedBill over another medical billing service?
MedBill is founded by two physicians with a goal to cater to the direct insight to the needs and expectations of hard-working physicians. We are a company that is proficient in all specialties and will offer services tailored to fit your office’s needs, integration with your EHR system, and benefits of live online and local on-site support capabilities.
What does MedBill’s medical billing services cost?
MedBill is compensated based on payer reimbursement and/or patient balances only. Our average collections fee for current A/R is between 4-8% depending on the number of services requested.
What are MedBill’s contract terms?
We stand by our level of service at MedBill and offer most of our partnerships a 30 day notice contract that is renewable each year. If we didn’t perform up to your expectations, you have no obligation to us other than a 30-day notice and payment for time of service that we provided.
How do I get started with MedBill’s medical billing services?
Please phone 817-882-6860 or email email@example.com to request a no obligation free accounts receivable (A/R) audit. We will request several reports from you that will show your current monthly volume, and current A/R balances for aging accounts. Once that is complete, we will give you a formal proposal for services and can usually begin within 4-6 weeks depending on the scope of the project. When we have received a signed proposal, we will then sit down with your key management personnel and complete a transition plan and timeline for your project.