Truly Custom & Technology Enhanced Revenue Cycle Management Solutions for Medical Practice

 
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Medical Service

Automated Data Entry

PMB, brings down the number of billing errors to zero while greatly reducing the transfer time needed for manual entry. All of your billing information is automatically carried over from your EHR (EMR) to comprehensive billing software for further processing

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  • No longer worry about getting billing codes wrong.
  • Forget about the hassle of manually transferring large amounts of data for the billing process
  • No longer run the risk of possible data redundancy or typing errors caused by data entry clerks
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Health Care Service

Error-free Claims

At PMB, we submit claims that are clean, correct and complete the first time, expediting the payment process and eliminating rejections and denials.

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  • Incorrect or incomplete claims are a thing of the past. Once you sign up with PMB, the only claims reaching insurance companies will be clean and error free.
  • Our procedures and database for billing codes are always up-to-date, helping us apply the current rules to claims.
  • We use our 25 years of experience to apply rules from each payer before the claim reaches them. Error free claims mean you do not have to wait ages before they get accepted and the money reaches your bank.
  • We have developed tools that help us keep an eye on every single denial that needs follow up. This can also be viewed by the client at any time - keeping them informed of the ongoing process.
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Revenue Service

Claim Follow-up

We make sure none of your hard-earned money is left on the table just because no one made the claim follow-ups. Our in-house claim follow-up tools keep us, as well as our clients, updated on all the denied claims so that follow- up is made right on time.

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  • Along with our Claim follow-up tools, we have a diligent team of experts who stay in touch with both payers and patients to research and resolve payment issues; collecting without delay
  • Our approach is aggressive when it comes to disputed and unpaid medical insurance claims. Even with secondary and tertiary medical claim billing, we do not giveup until the issue is fully resolved
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Revenue Service

Intuitive Reporting

We are incomparable to other medical billing companies when it comes to providing business insight with the help of intuitive reporting. Our reports provide powerful analysis and data visualization of the financial health of your business. Instead of monthly, receive online reports that keep you up-to-date to make informed and intelligent business decisions.

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  • Request a custom report, free of charge
  • Reports built from the practice owner’s perspective
  • Make data usable with easy to access and understand reports that provide you with insight into your practice’s health at a glance
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Measure Practice Performance with Custom Reports

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As part of our services, we are pleased to offer custom, easy-to-read reports for your Medical Practice. With the help of interactive charting, these reports are a powerful analytic tool to combine with revenue cycle management, provider performance, Insurance reimbursements, and more. Immediately track performance and make qualified decisions with the click of a button.

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PMB Replaces these 5 In-House Roles to 1

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    Data entry clerk

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    Medical Billing Specialist

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    Payment Entry Clerk

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    Account representative

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    Revenue Cycle Manager

TESTIMONIALS

  • Brett Michener, CEO, PT, CSCS, TPI CGFI

    M&M Physical Therapy

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    Since hiring Park Medical Billing we have been impressed with their level of knowledge of physical therapy billing services and exemplary customer service. Park’s team has turned around a desperate situation and retuned us to profitability in a matter of a few months. Chol was able to institute streamlined billing practices as well as make himself available to us regarding any questions or concerns we had through a challenging time in our company’s history.

    Audrey Haynes has been a great addition to our team as well. She is continuing to help my employees collect the correct data and follow up with any billing issues in a timely manner. She is always quick to respond in person with questions or concerns.

    As the CEO, having the right people in the right job is one of my top priorities. We definitely made the right choice in choosing Park Medical Billing for our billing needs. I look forward to both growing with them, and having a long and fruitful relationship. I would wholeheartedly endorse them as our medical billing company of choice.

  • E. Christine DeCaro, PT, DPT, OCS

    Northern Hills Physical Therapy

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    As a Doctor of Physical Therapy and private practice owner, I have been very pleased with the physical therapy billing services provided by the Park Medical Billing Team. They have provided the exact services that we contracted. They are professional, consistent, and accessible.

  • David Karge, DPT, Branch Manager

    Integrated Medical Care

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    We have nothing but high praise to offer for Park Medical Billing. From day one there has been a very consistent and clear line of contact between our business and PMB. This means we can connect with our billing specialist right away, and any questions or issues we have are addressed in a very timely fashion. We also appreciate how PMB has worked with us to customize the way we view our billing data so we can have quick and complete access to all claims and payments. PMB is highly recommended!

  • William Medway, Owner

    ABC Physical Therapy

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    I am the owner of ABC Physical Therapy in Somerville NJ and I hired Park Medical in 2016 because I was having a disaster with the other billing company I had been using since Jan 2014. Since hiring Park Medical I have been able to sleep at night knowing everything is running smoothly now. They do everything from A to Z and if I ever have a billing problem they always find a way to resolve the issue and get me back on my feet.

    ABC Physical Therapy participates with almost all the insurance plans and because of this we are always messed up with authorizations or time lapses in authorizations because the insurance company issues them late to us and with Park Medical they are so SMART that they look at the issue's then come up with a SOLUTION to fix the problem and get things running smoothly again so I can go back to work without worrying about billing problems.

    I HIGHLY recommend this EXCELLENT company because they not only take care of your billing but they come up with SOLUTIONS to make things easier for you so the insurance companies do NOT drive you out of business with there diversionary tactics. I give them 5 stars. :)

For medical billing services, we are your partner in revenue cycle management

Achieve greater profitability for your medical practice with Park Medical Billing, a trusted medical billing company, while freeing up your time to focus on patients. We make sure to collect every dollar you’re entitled by providing the best medical billing solutions for your practice.

The Latest Healthcare Technology for Your Practice

What sets us apart from other medical billing companies is our cutting-edge technology and experienced personnel, which anticipates and prevents coding and billing errors while maximizing output. As part of our medical billing services, we provide automated data entry by integrating with your EHR and providing fully transparent Revenue Cycle Management reports.

Increase your Revenue

Park Medical Billing focuses on increasing your overall practice reimbursement. We continually work to improve the business side of your healthcare practice by managing the billing process and developing workflow plans for your staff. Contact us today and find out more about our medical billing solutions for your practice.
Client Support
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At PMB, we enjoy not only helping our clients with their billing processes and generating revenue but also being available when they want

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No long term Contracts
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Do you hate long-term contracts that take away a little piece of your mind, so do we. At PMB we only have month to month contracts. While we are certain you would not want this but You can discontinue our service at the end of the month

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EMR/EHR Integration
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PMB integrates your existing or preferred EMR/EHR products with our billing software.

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Our Latest Blogs

Park medical

March 28, 2017

5 Bad Coding and Billing Habits You Need to Break– Right Now!

You’re losing lots of money on your practice and you don’t even know it.

How could you not be aware of thousands of dollars being lost, you say? Surely that kind of money can’t just disappear without you knowing.

The answer: bad habits. Bad coding and billing habits to be exact. A lot of physical therapists fall victim to these habits without their knowledge, and it’s not totally their fault. Most of them have been misinformed or got used to a certain system that they didn’t know has long been outdated.

It’s time to break those bad habits and get your practice the profits it deserves!

Habit 1: Forgetting Assessment and Management Time

There are several components that make up your service time: patient assessment and preparation (Pre-Time), performing the procedure (Intra-Time), and lastly, documentation and discharge (Post-Time). One financially deadly habit that PTs make is forgetting to include all of these components into their assessment and management time.

Park medical

March 7, 2017

4 Tips to Achieving Successfully Negotiated Payer Contracts

Negotiation. It’s tough to do successfully, especially when it’s not something you were trained for.

As a physical therapist you’re trained to treat people and help them live better and healthier lives, not make financial negotiations. But the fact is you can’t continue to do what you’re trained to do without having to negotiate terms of payment first. This negotiation doesn’t mean simply agreeing to whatever the payer says– it’s making sure you get what your time, service and skills are truly worth– and that’s the hard part right there.

Fortunately there are ways to negotiate terms to your benefit. Following these tips and armed with the right facts and figures, successful negotiation can be achieved.

1. Analyze current payer performance and fee schedules

The first thing you need to do in order to negotiate successfully is to analyze your current payers’ performance and fee schedules. Identify the payers with whom you do the most business along with the most common CPT codes you use. Get the number of times you bill each code with each payer, and multiply each number by the proposed payment amounts. Then add up all the totals per payer and divide by the total number of codes billed. This should give you the weighted average for each payer, and a good indication of which contracts are most valuable to you.

Apart from this you could also compare the rates of individual CPT codes and approach payers who pay the least amount about increasing to at least reach the average reimbursement rate for these codes.

Park medical

February 14, 2017

One Lesser-Known Way Private Practices Can Gain a Competitive Edge

Between hospitals and the numerous other private practices just around the corner, competition can be tough for any private practice. It can be difficult to set your practice apart when many others offer the same services at the same prices. There’s always the solution of providing greater value, but with a number of other private […]

See why PMB is the best Medical Practice billing service.

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Parkmedical Billing by Chol Park
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