Why Choose Park Medical Billing?

why Park Medical Billing

Customized Medical Billing Solutions for the Financial Growth of your Medical Practice

Chol Park, owner of Park Medical Billing, has over 15 years of experience in the field of IT as a senior project manager and owner of a thriving medical practice. After having faced the many challenges of medical billing, he was able to identify those associated with the in-house billing process. He quickly recognized the need for intuitive reporting that provides a better insight into the financial health of the business. It also led him to the development of a technology solution that simplifies and improves medical billing and collection.

Certified as a qualified third party billing company by New Jersey Department of Banking and Insurance.state logo

Through high-level data miningintuitive reporting, and aggressive claim follow-up, our HIPAA compliant billing service recover 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.

Now that you’ve made the choice to outsource your practice’s medical billing, its time to choose the company that best suits your needs. Here are just a few reasons why Park Medical Billing is the right choice:

Experienced Personnel

By combining over 25 years of medical billing and 15 years of IT (Information Technology) experience, we ensure that all your claims are submitted correctly, each and every time. This combination of the latest technology with manual claims review gets your claims approved and paid in a timely manner.

Increased Revenue

Park Medical Billing can increase your revenue by::

  • Fast Turnaround: Claims submitted on paper can have a turnaround time of up to 60 to 90 days for completion, creating serious outstanding receivables for any practice.  Claims that are submitted electronically through our billing software are usually processed and paid within 2- 3 weeks… Unlike in- house paper billing systems, which can result in claims going unpaid for months, we can help you achieve a steady, consistent flow of payments!
  • Streamlined Follow-Up: Our system of payment reports keeps us informed on a claim’s status, making it possible for us to follow up consistently with insurance providers until your claim is paid.
  • Useful Online Reports: With our reporting tools, you get a clearer view into practice operations and revenue cycle management.  Online reporting capabilities are focused on increasing your bottom line and giving revenue control back to your practice.
  • Lower Costs: Outsourcing your medical billing decreases office overhead.

Customized Online Report

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

  • Our online reports are specifically designed to give enhanced visibility of your operations at the click of a button. They are user friendly and grant instant access to data so you can immediately track performance and make qualified decisions.
  • You can analyze payments by carrier, provider, location, procedure, diagnosis, timeframe, etc. There are currently many reports to choose from, as well as customizable reports that replace the static reports generated by typical billing software.

More Productive and Happier Staff

Doing your own medical billing usually means that other staff members have to assist in resolving billing issues, which takes away from the time they should be spending with patients. Letting us handle your billing will create a happier and more productive staff, which in turn means happier patients, who will continue to visit your practice.

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