Physical Therapy Billing Services
Physical therapy is an intensive type of medical service that requires time to provide comprehensive treatment plans for patients. This time should not be spent attempting to manage complicated physical therapy billing requirements. Even with the most diligent and critical eye, it is easy to make mistakes in this type of medical billing.
Physical Therapy: Unique Coding & Billing Challenges
Practitioners are challenged by often ambiguous aspects of physical therapy billing and even simply understanding what services will be considered a ‘medical necessity’ is a job in itself. Providers also need to know what guidelines each payer follows for time-based reporting. Insurance companies are tightening their guidelines and requirements more and more each year. In addition, declining reimbursements and complicated approval mechanisms are putting pressure on keeping PT practices profitable.
Correct billing is essential for every independent physical therapy practice, but many practices cannot afford to learn its many nuances. Many physical therapists are therefore forced to expand their services so that they are adequately reimbursed and often still lose revenue due to inadequate billing. The goal is to maximize the number of claims that are paid on the first submission and to minimize the need for appeals
Park Medical Billing company provides customized solutions for your practice. We are knowledgeable about the many options in EMR & PMS software and can work with your current solution or recommend different ones. Using our services and talented billing professionals, the revenue cycle management portion of your business can become a lot easier.
Our technologically advanced billing system, combined with over 25 years of medical billing experience will give you peace of mind – ensuring that your claims are submitted correctly in a timely manner while generating continual cash flow.
how we accelerate your practice revenue
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 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.
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.
Find Out How We Work
what Our clients say
As the owner and Clinical Director, I was extremely impressed with the level of commitment to have the staff from PMB not only listen to my concerns and questions, but to promptly and quickly respond and resolve. The other component of their services, is their desire to share ideas and possibilities to improve my overall revenue. I would recommend the services of PMB and their staff, without ANY RESERVATIONS!!!!Luis HincOwner/Clinical Director, Fortaleza Rehab
Over the past year, we contemplated outsourcing this component. We called a few companies, and were underwhelmed with what they had to offer. We then called Chol and Park Medical Billing. From the outset, it was evident to us that they stood out above the other companies we had spoken to. The decision to move forward with them was a no-brainer, and we have not been let down. Since the beginning, Park Medical has provided excellent service. They have always been accessible, and have workedAaron LoefflerOWNER, Orange Physical Therapy
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... read moreWilliam (Bill) MedwayOwner, ABC Physical Therapy
I have worked with many billing companies as time as Practice Manager. All the previous companies only worried about what best worked for them not my clinic. Then I started working with Park Medical Billing. This company truly puts their clients needs first. They have customized reports, updated their site for our convenience. They also have an amazing quick turn around time with answers and solutions. I have never been so happy to work with a billing company before them. I truly recommend anyone to try them out. You will not be disappointed.Brittany KoutsogiannopoulosPractice Manager, Evolve Physical Therapy
Since we changed our billing company last June of 2016, HRS has been more guided to improve our reimbursement. Park Medical Billing is very professional,systematic and always makes a follow-up with the issues we encounter in out out-patient PT clinic. Very accommodating,respectful and very nice people.Elizabeth DivinagraciaOwner, Hudson Rehab
I have recently transitioned to Park Medical Billing and am very happy with the decision to do so. As the Clinical Director, I am very pleased with the prompt response to any and all questions. Chol and his staff are willing to consistently work with my employees and always find a solution that works best for my company. The staff of PMB especially Monica, work extremely hard and are dedicated to customize our experience. Overall, PMB has been outstanding as each staff member goes above and beyond while working with my company. I highly recommend Chol and the staff at... read moreMichele DeSimone Clinical Director and Speech Language Pathologist, The Sensory Studio
Since hiring Park Medical Billing we have been impressed with their level of knowledge of physical therapy billing practices 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.Brett Michener
Audrey Cooper 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... read moreCEO, M&M Physical Therapy
Park Medical Billing is a team of experienced, well-trained professionals dedicated to delivering the best reimbursements. After a less-than-stellar billing experience with a large software company, PMB streamlined our billing procedures and increased our revenue. Chol facilitated a smooth transition. His staff are attentive and responsive to the needs of our outpatient physical therapy practice. I am very glad that we made the switch to PMB!Suzanne Capuano, Office ManagerOffice Manager, M&M Physical Therapy
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!David KargeBranch Manager, Integrated Medical Care
Everyone at Park Medical billing is very friendly, knowledgeable and professional. They know Physical Therapy billing !!!Dr. Matthew Holtzer
Always able to speak with someone in the office who can take care of any billing questions you might have.
Extremely happy with this company and highly recommend.Owner, Holmdel PT & Sports Medicine,LLC
Chol and staff have been nothing short of excellent since they took over our billing services. They process claims quickly, follow up on unpaid claims and use their scrubbing software to ensure that claims are correct and have modifiers if needed so we get paid faster. Since hiring Park Medical Billing my life has become much less stressful.Dennis IaccarinoCo-Owner, Blue Bell Physical Therapy
I am writing in reference to Park Medical Billing Company. Early this year, TOPS Physical Therapy and Osteopractics, decided to change from in house billing to a billing company. We interviewed several companies and made the decision to hire Park Medical Billing. We are very happy that we chose this company.Teri Brannon
From the beginning, Park Medical Billing Company was very informative, gave a comprehensive presentation, answered many of our questions before we had to ask them. They are timely, follow through with commitments made and very accessible. We had to communicate quite often during... read moreOperations Manager, Tops Physical Therapy and Osteopractics
We have worked with Park Medical Billing for about 1 year and we are extremely happy with the level of service they have provided. We have worked with other billing companies that charge a premium for their billing services without providing the same level of service as Park Medical. Our account manager at Park Medical is extremely knowledgeable and responsive to the needs of our clinic. As a result, our bottom line has improved. I highly recommend Park Medical Billing services.Jessica Shursky, PTCO-OWNER, Wellbridge Physical Therapy