Wound care has become crucial due to the growing aging population. Wound care has become crucial due to the growing aging population in the US, many of whom need long-term wound care. This field faces challenges with insurance, as not all types of wound care are covered.
At MBC, we understand that effective billing for wound care requires meticulous documentation to establish insurance eligibility. This ensures that treatment was advised and supervised by a physician when necessary.
- Ensuring compliance with insurance requirements.
- Supporting specialized, long-term wound care needs.
- Ensuring compliance with insurance requirements.
- Supporting specialized, long-term wound care needs.
- Ensuring compliance with insurance requirements.
- Supporting specialized, long-term wound care needs.
For over 10 years now, our medical billers and coders stationed in New Mexico have built a reputation of helping providers and practices ranging from small to medium to large clinics. They have proved their capability by maximizing the clinic’s cash flow and streamlining their billing and collections processes.
They are actively following the payers in all major cities such as Albuquerque, Las Cruces, Rio Rancho, Santa Fe and Roswell. More than just providing medical billing and coding services, our professionals help you offload tasks from your multitasking staff by providing services such as:
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Credentialing with public and commercial payers
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Post charges and payments on a daily basis
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Electronic submission of claims
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Code utilization with CPT, ICD-10 and HCPCS
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Accounts receivable management
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Insurance follow-up and in-house collections
Specialized Medical Billing Services in New Mexico
Our specialized medical billing services in New Mexico support health providers in Albuquerque, Las Cruces, Rio Rancho, Santa Fe, and Roswell. For ten years running, we've boosted income for practices big and small.
The MBC team excels in seamlessly managing critical revenue cycle tasks, including securing insurance approvals for physicians, processing daily charges with precision, submitting claims electronically, and ensuring prompt payment follow-ups.
We are aware of New Mexico's financial picture in its totality - we know that federal dollars pour in at $2.03 for every tax dollar, mostly feeding the state's vital Medicaid programs. Our richly experienced coders keep practices running smoothly while making sure they get their fair share of these healthcare funds.
Growing Practices in the Land of Enchantment
Our New Mexico medical billing specialists know every corner of state healthcare rules. We use the right codes, track insurance claims like hawks, and keep practice money flowing - often boosting collections by 20%. Think of us as the financial growth partners for your practice - we know the technology, we know the regulations, and we certainly know how to get results.
While physicians keep New Mexico healthy, we keep their practices financially fit and growing. That's vital where federal healthcare dollars make up such a big piece of the pie. From solo practitioners to busy large-scale clinics, we help practices spend less time on paperwork and more time healing people.
Outsourcing Wound Care Medical Billing to MBC
MBC’s team of medical billers and coders are experienced in handling the entire cycle of activities ranging from determining insurance eligibility to submitting claims and performing routine follow-ups. However, wound care being a treatment that’s administered by care providers of all sizes and also independent physicians, choosing a billing and coding service model which is scalable enough to fit any size and need becomes a challenge for care providers.
MBC offers two types of service models, one an outsourced billing and coding and another revenue management consulting model:
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The outsourced billing and coding services model enables care providers to completely ship out their billing and coding responsibilities to MBC and spend the time earlier spent on administrative activities on medical care.
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Our revenue management consulting services, on the other hand, help streamline in-house revenue management by stripping out outdated processes, recommending appropriate software applications to replace the outdated ones and identifying areas for staff training and revenue leakage to help plug them.
Both the models have helped big and small care providers involved in wound care in all the states of the US to overcome the challenge presented by administrative activities to claim insurance improve their revenues and optimize their in-house resources: either by streamlining processes and training them such that the staff have a thorough knowledge of activities they have to perform and details handle to prepare and claim insurance accurately minimizing chances of claim rejections or by thoroughly sparing themselves the responsibilities to handle insurance administrative activities themselves.
