Our Comprehensive Services

At Park Medical Billing, we can help you achieve greater profitability while at the same time freeing up your time to focus on patients.  Our innovative and dynamic medical billing service in NJ & NY will help you to achieve a high level of effectiveness that will result in the enhancement of overall practice management.

You will see dramatic change in the speed of your revenue cycle because we invest more time and resources into the initial claim process to avoid costly time delays and denials on the back end. We also use the latest technology and experienced personnel to anticipate and prevent coding and billing errors while maximizing output.

Medical billing statement - Park Medical Billing

Medical Credentialing Services

Provider enrollment and physician/non-physician credentialing is required to allow practitioners to provide services to their patients. Park Medical Billing submits enrollment applications and the associated documentation on behalf of the provider organization to keep its physicians’ records updated.

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Revenue Cycle Management

We’re a team of forward-thinking, business-minded professionals who know the real challenges of running a medical practice. With our level of expertise, we help to improve and accelerate your medical billing and revenue cycle management services in the USA while you enjoy fast payments, lower costs, high productivity, and much better service for your patients.

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Medical Billing Cost Analysis

Wondering if your in-house billing is costing more than it should? Park Medical Billing offers in-depth medical billing cost analysis to help you reduce overhead, increase collections, and improve financial performance.

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In-House Billing vs. Park Medical Billing: Cost Comparison

Data based on national industry averages for 3 providers billing $2.1 million annually

Our Billing Services

As part of our medical billing services, we offer a multitude of fully customized online reports for your practice. These reports offer a clear analysis of revenue cycle management, provider performance, insurance reimbursements, and more, using interactive charting.

Simplify medical billing and coding by allowing us to streamline claims reimbursement and patient invoicing processes to ensure you maximize revenue and capture every dollar you’re entitled.

  • A dedicated Billing Account Manager to ensure effective communication
  • Daily submission of claims  for prompt payment
  • Claim scrubbing to prevent costly denials
  • Authorization verification and tracking
  • Creation and mailing of patient invoices
  • Appeals and follow-up on denied claims to ensure maximum reimbursement
  • A simple, secure, HIPAA-compliant billing platform that enables efficient communication
  • Online customizable reports that provide complete transparency
  • Affordable percentage pricing to ensure that you get paid first
  • PQRS Reporting Submission

Frequently Asked Questions — Medical Billing Services

Six important steps of a medical billing workflow can help you to find out whether the process is under control in your practice or not:  

  • Patient Check-in  
  • Insurance Eligibility and Verification  
  • Medical Coding for Diagnosis, Procedures, and Modifiers  
  • Charge Entry  
  • Claims Submission  
  • Payment Posting  

            Speed, consistency, and accuracy are some of the most difficult parts of medical coding to determine the right balance between each of them. Coders need to be efficient and at the same time precise, as any mistake can lead to wrong billing, insurance claims denial, and even legal action for malpractice. The imposed pressure may result in an uncomfortable and stressful situation for the professional. 

            Billing is the method of creating invoices and receiving money from the customers. Apart from being an essential part of any business, it is also a tool that helps companies to cover their expenses and gain income. Basically, billing is about sending an invoice to customers who are then obliged to make a payment within a specified period. 

            • Less confusion resulting from the management of each payer’s individual payment policies 
            • Office staff have a streamlined workflow 
            • Reduced submission errors 
            • Accelerated claims processing 
            • Improved Healthcare Revenue Cycle Management
            • Availability of skilled and experienced energy industry professionals 
            • Lower costs per patient 
            • Increased profitability 
            • Patients experience higher satisfaction due to quick and efficient claims processing  

                            The cost of medical billing services is decided by the number of claims, the set-up fees, the percentage of collections and/or the monthly service charges. In addition, the prices can differ widely from one company to another. 

                             

                            Frequently asked questions about us - Park Medical Billing