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
|CRT Medical Systems||Varies|
|Medical Billing Star||$250|
Advanced Data Systems Corp
|Precision Medical Billing||Varies|
|Advent Medical Billing||Varies|
|Medical Billing Professionals||Varies|
|Healthcare Administrative Partners||Varies|
|The Valletta Group||Varies|
|1st Choice Medical Billing||Varies|
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 copay’s.
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.