Your 90-Day AR Analysis is complimentary - See your true collection gap.

Billing And Reconcilation Of Accounts


How it works?

Physicians across the nation have been struggling to find a professional who can relieve them of their administrative chores so that they can face the challenges of providing quality healthcare. Most physicians would rather prefer a specialist taking care of the reimbursement process and maximize their revenue but they are tirelessly looking for the rest to manage their revenue cycle management.

Billing and Reconciliation of Accounts (Payment Posting)

Despite your best efforts to bill and code for your medical services rendered, your reimbursements may not be matching your expected level. While you know the need for a proper reconciliation of your patients' insurance accounts, the sheer volume of insurance accounts that your practices encounter makes it impossible for undertaking a comprehensive reconciliation internally. As in the case of other medical billing components, it is always prudent to outsource Billing and Reconciliation of Accounts (Payment Posting) to competent medical billing companies who, along with quality assurance, can also offer economies of scale from voluminous business operations.

We – medicalbillersandcoders.com, known for proven credentials in comprehensive Medical Billing Management for diverse medical practices – offer you a streamlined Payment Posting solution, both as a separate component as well as an integral part of our comprehensive Revenue Cycle Management.

Adhering to the best practices in health care revenue management, our AR Management – evolved out of industry experience over the years – can expedite outstanding payments, resulting in appreciable increase to collection ration.

Known for its fully automated features, our technological superior interface ensures that your Payment Posting is carried out accurately and instantaneously. Physicians can expect to be benefited from:

  • Avoiding errors in EOB or correcting the errors made by an insurance payer, resulting in positive impact on revenue augmentation; our ability to carefully read and comprehend the EOB necessitates pre-empting errors sneaking into medical billing.
  • Having Electronic Remittance Advice (ERA), which enhances your productivity and streamlining workflow. Moreover, as Electronic Remittance Advice (ERA) can be integrated to your PMS, you can expect to refer to it with your original billing summary quite easily.
  • Our Payment Posting also augments insurance follow up, which is crucial in optimizing your revenue as you are bound to encounter delay or denials owing to inherent medical billing errors. With our vigilant Insurance Follow Up measures, you can expect your claims to be resubmitted for augmenting claim realization at the earliest.
  • Operational efficiency as our Payment Posting is built with electronic features that render optimal efficiency at a relative reduced cost.

Thus, capable of elevating your Medical Billing Practices to the benchmarked industry practices, our Payment Posting Solution – carried out by competent and qualified professionals, drawn from diverse medical billing disciplines, and having substantial experience in interacting with diverse medical health insurance carriers as well as Medicare and Medicaid – should be able to infuse value-addition to your medical billing.

Real Physicians, Real Results

Discover how physician groups thrive with us

We had no visibility into whether our IPA capitation payments were accurate. MBC's reconciliation process identified $138,000 in underpayments in the first quarter. That's revenue our prior vendor never even looked for.

Dr. S. Larsen
Dr. S. Larsen
Wound Care Practice — San Diego, CA

“I appreciate your prompt results on my Medicare inquiry. Dr. Ingrid Arnold and I appreciate the quality work that you and your team have provided to her practice. We had tried a couple of different insurance posting options, before we contracted with your company. We are delighted that we found your company to assist us. We find your reports timely and informative. I will recommend your services, without reservation, to any of our physician friends, who might be looking for a more reliable billing service”

Dr. Ingrid Arnold
Dr. Ingrid Arnold
DO | Mesquite, Texas

“I want to thank you for your professional help during the past two years with our accounts receivable. I have absolutely nothing but appreciation for your company in helping us out with the jam we were in when our office manager suddenly quit. Since that time we have enjoyed an absolutely non-problematic relationship. Our experience with claims injury, handling insurance rejections, posting our payments, the account receivable process, patient statements, and the excellent service provided to my patients are greatly appreciated. I also sincerely appreciate all the help that you have given me and my staff and I wish you the best of luck in future endeavors.”

Dr. Larry C. Watson
Dr. Larry C. Watson
MD | Houston, Texas

“For the last 4 years, MBC has been an integral part of growing our counseling and Intensive outpatient programs. My team and I appreciate MBC's commitment to exceptional customer support, credentialing, and billing services.”

Dr. Allen
Dr. Allen
Texas

Record high collections this month for our Chiropractic Practice! Thank you MBC!

Dr.Faulds
Dr.Faulds
Alabama

I just wanted to take a moment to say a big thank you for all the hard work you've put in over the past two years! Your efforts have really helped us transform our old accounts receivable into the impressive numbers we see today. I truly appreciate everything you do to keep our operations running smoothly all year round. Let’s keep up the great work together as we continue to tackle past claims and stay on top of the current ones.

Vadim Vartanov
Vadim Vartanov
Internal Medicine Associates of Jacksonville, FL

“We truly appreciate the exceptional work you are doing. Dr. Martha and I are grateful for your dedication and commitment. Your availability, regardless of the time, has been invaluable to us. The outstanding results we've achieved are a testament to your efforts, and we hope to continue this successful journey together. Thank you for all that you do!”

Judith Cedeno
Judith Cedeno
Podiatry Office Manager, FL

“Just a note of thanks in appreciation of all your help. The credentialling process can be daunting but you and the team at MBC were awesome every step of the way. Communication was clear, the process moved efficiently and the service was stellar. Thanks again and I look forward to working with you on this journey.”

Dr. Michael Lacqua
Dr. Michael Lacqua
Plastic & Reconstructive Surgeon, NY

“Our billing was poorly organized with a poor collection rate before you took on our account, and you have worked diligently to find what can be paid and have organized our billing process, including the sometimes difficult workers comp cases which compose a lot of my billing. Your unflinching attitude to constantly find ways to improve our billing is beginning to pay off. We are optimistic that with continued improvements and refinements we will see a big boost in our collections, and we are looking forward to a big turnaround in our finances in 2025 working with you. Thank you for your unstoppable attitude.”

Dr. James Baker
Dr. James Baker
Orthopaedic Surgeon | Knee and Hip - Stryker, TX
Help Us Understand Your Requirements

Get in touch with us for more Information.
We're ready to assist with your billing and coding needs.

Name (*Required )
Phone Number (*Required )
State
Speciality
Email
Monthly Insurance Collection
Requirement & Preferred Time to Call

Are you looking for more than one billing quotes ?
C
CLARA
MBC Revenue Assistant · Online