Best Medical Billing Service Companies of 2018 – Compare Features and Prices

quotes on medical billing service

When outsourcing your medical billing services you’ll have a number to top providers to choose from. We reviewed over 100 medical billing service companies and listed the best ones in the table below. Compare their software features and billing services in this side by side chart packed with answers to your questions. When you’re ready for pricing information from top suppliers, simply click the compare button and get matched up with up to six medical billing service providers. Then compare how they meet your healthcare practice needs, examine prices, and decide.

Medical Billing Service Review – Top Providers

Rating ProviderSet-Up
Cost
Claims Scrubbing
Processing
HIPAA
Compliant
EHR
Software
  
AdvancedMDNone
athenaCollectorAthenaHealthNone
AvisenaVaries
ChartLogicVaries
CRT Medical SystemsVaries
drchronoVaries
DuxWareVaries
Encoda LogoEncodaVaries Read Review
GroupOneVaries
KareoNone
MedClarity ByMedusindVaries
Medical Billing Star$250
MedicsPremier
Advanced Data Systems Corp
Varies
MTBC PracticePro$1,000
NueMDVaries
Precision Medical BillingVaries
SystemOneQS/1Varies
Advent Medical Billing Service LogoAdvent Medical BillingVaries Read Review
PracticeForces LogoPracticeForcesVaries Read Review
Medical Billing Professionals LogoMedical Billing ProfessionalsVaries Read Review
Healthcare Administrative Partners LogoHealthcare Administrative PartnersVaries Review Pending
Bell Medex LogoBell Medex Varies Review Pending
The Valletta Group LogoThe Valletta GroupVaries Review Pending
1st Choice Medical Billing Logo1st Choice Medical BillingVaries Review Pending

Things to Compare and Review Before Hiring a Medical Billing Service

Compare Medical Billing Service Fees

Setup Fees: Varies from none to $250 on average.

Pricing: Medical billing services are generally based on a percentage of collections per claim.

Contract Terms: Terms range from month to month, 90 days, and annual contracts.

 

Review Medical Billing Services and Features

Medical Claim scrubbing: Prevent errors to avoid insurance denial

Electronic Medical Claims processing: Electronic submissions

Claims follow up procedures: Follow-up and re-submission of unpaid medical claims to ensure payment.

Mail or email patient statements: A small fee may apply.

Collection Agency Transfer: Submit unpaid medical balances to a collection agency after specific period of time.

 

Look For Software Capabilities

HIPAA Compliant Medical Software: Make sure the medical billing service provider meets the guidelines of the Health Insurance Portability and Accountability Act

Software updating: Software updates should be free of charge, and generally cloud based.

ICD-10 Support: Look for ICD-10 transactions in your medical billing company.

Financial Reporting: A detailed spreadsheet and report of data explaining your medical practice’s financial performance

Cloud Based Hosting: Best for data protection and updates, but difficult when and internet connection is not present.

 

Compare Top Medical Billing Feature and Software Add-ons

Appointment Scheduling: Software will allow you to easily set, reschedule, and cancel patient appointments.

Verification of medical insurance: Confirm a patients insurance eligibility, benefits, and copays.

Credit Card Processing: Software lets you easily processing all major credit cards over the phone or in-house.

Patient log-in portal: Allows patients to access health records and billing information online 24/7.

EHR software: A nice add-on to billing services.  May cost extra, and at least half of medical billing service providers do not offer.

Mobile App: Good for accessing information on the go.

Medical Practice Software Integration: Make sure the medical practice software works well and integrates with your current in-house software.