park medical billing
Revenue Cycle Management for Medical Practices
How much can we improve your revenues?
Financially grow your medical practice
Why work with Park Medical Billing?
Through high-level data mining, intuitive reporting, and aggressive claim follow-up, our HIPAA compliant billing service can recover your uncollected money.
Latest Healthcare Technology
What sets us apart from other medical billing companies is our cutting-edge technology, which anticipates and prevents coding and billing errors while maximizing output. Our experienced personnel apply the newest guidelines to your claims. As part of our services, we provide automated data entry by integrating with your EHR and providing fully transparent Revenue Cycle Management reports.
Increase your Revenue
We focus 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.
Not Just a Billing Service
What sets us apart from other medical billing companies is our cutting-edge technology, which anticipates and prevents coding and billing errors while maximizing output. Our experienced personnel apply the newest guidelines to your claims. As part of our services, we provide automated data entry by integrating with your EHR and providing fully transparent Revenue Cycle Management reports.
Client
Support
Park Medical Billing is all about quality service. Not only we enjoy helping our clients with their billing processes and generating revenue, but also being available whenever they need us to be.
No Long Term Contracts
Hate long term contracts? Worry not. At Park Medical Billing, we only have month to month contracts so there is nothing to buy out of, no penalty fees, and no hassle.
Real-time Tracking
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.
how we accelerate your practice revenue
Integrated Systems
Successful billing starts at the entry point. We use automated integration to transfer your billing information from your EHR or EMR to our system. No data entry errors, fast claim submissions and time consuming manual data entry eliminated.
Custom Scrubbing
We submit clean claims - correct and complete the first time. Each client has their own scrubber, updated with the most recent insurance regulations and your practice’s unique needs. Perfect for larger practices with multiple locations and providers.
Daily Denial Emails
Our custom algorithms create our one of a kind Daily Denial Reports. This email arrives in your account manager’s inbox every morning, with the previous day’s denials from all the ERA’s that came in. This unique email saves countless hours of work so our billers can dedicate their time to working those denials to maximize your reimbursement.
Real-time Reporting
We are incomparable to other medical billing companies when it comes to providing transparency and business insight with the help of our intuitive reporting. Our REAL TIME reports show your practice’s financial information in numerous reports, so you can see all aspects of your billing cycle. Immediately track provider performance and make qualified decisions with the click of a button.
our services
Through high-level data mining, intuitive reporting, and aggressive claim follow-up, our HIPAA compliant billing service recovers your uncollected money. Our custom technology streamlines the billing process by automating data entry of both charges and patient information while empowering you to make strategic financial decisions. We offer :
Healthcare Billing Services
Truly Custom & Technology Enhanced Revenue Cycle Management Solutions for Physical Therapists, Pain Management, Chiropractic, Orthopedic, Mental Health, Pediatric and more.
Medical Credentialing
We take care of the expansive paperwork, eliminate confusion and follow-up with insurance companies and continue until the job is finished.
Revenue Cycle Management
Whether you are a single health care provider or a group practice, we can help you achieve advance business performance with our medical billing revenue cycle management service.
how we measure up
In-house Billing vs Medical Billing Company Cost Analysis
** Figures based on a national industry averages using 3 providers w/ $2.1 million billed annually
| COSTS | In-House | Park Medical Billing |
|---|---|---|
| Billing department costs | $118,000 | $0 |
| Software and hardware costs | $7,500 | $0 |
| Direct claim processing costs | $3,600 (Clearing house fee) | $127,500 *Fee is varied by reimbursement per visit |
| % of billings collected. | 70% | 90% |
| Collections | $1,599,380 | $2,056,500 |
| Collections costs | $129,1000 | $127,500 |
| Collections, net of costs | $1,470,280 | $1,922,880 (24% Revenue Increase) |
what Our clients say
latest medical billing news
blog
Convert claims into cash with medical billing automation.
We know the lifeblood of a practice is the ability to quickly turn claims into cash, doing so accurately and efficiently. The chance of payers paying out once a billing error is submitted reduces and
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Q: How often can you bill for the telehealth service. (cumulative time during the 7 days) Answer: PT Providers should only bill for telehealth visit to satisfy the total cumulative time spent with the patient during the
Strategies to Improve Patient Retention
As patients continue to shop around for their healthcare, healthcare organizations need to consider patient engagement strategies that will improve patient retention and customer loyalty.
Tips To Boost Patient Collections
According to the recent studies by ACA International, 29 percent of adults have medical debt or have a hard time keeping up with their medical bills. From these results alone, it’s apparent that something needs
Bots and Automation: Why Park Medical Billing is the Future of Medical Billing
Automation has transformed the account industry, and now it is time for the Medical Billing industry to evolve.
An Update from Medicare: A Complete Guide of the CMS Proposed Rule for 2020
Heads up! Here’s a recent update from Medicare. The Proposed Rule or the “Medicare Program; CY 2020 Revisions to Payment Policies under the Physician Fee Schedule and Other Changes to Part B Payment Policies” has
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