Medical Billing Service
Revenue Cycle Management Service in Medical Billing
Effective revenue cycle management is critical for healthcare providers to optimize their financial performance and improve patient satisfaction. It requires a combination of efficient processes, effective technology, and knowledgeable staff to ensure that claims are processed accurately and quickly and that patients are billed accurately and in a timely manner. We are skillful in filtering denials by doing pre bill analysis by using routine logic tools & essential checklists which helps to bypass the denials.
Also a prompt follow-up with each payer to ensure claims are reaching each division of the insurance department with a set of time period with required documents.
We offer Complete Revenue Cycle Management
Services
Eligibility Verification
Verify patient's insurance coverage before providing medical services with our eligibility verification billing service.
Charge Entry
Accurately track and enter medical charges for services provided with our efficient charge entry system.
Claim Scrubbing
Reviewing medical claims for accuracy and completeness before submission to insurance companies to reduce claim rejection.
Claim Rejection management
Investigating and resolving issues causing medical claims to be rejected by insurance companies to ensure accurate payment.
Claims Follow-up
Checking on unpaid or denied medical claims with insurance companies to resolve outstanding issues and ensure proper payment.
Payment posting
Ensure timely and accurate payment posting for medical services with our payment posting billing service.
Take control of your medical billing today!
Covenant business solutions is one of the leading and latest pre – eminent medical billing company with a reputation of making the lives of thousands of people better by handling their hospital bills.
Denial Management
We always provide our clients with well updated information as we enter the patients demographic values regularly.
Appeals and Underpayment disputes
Maximize revenue and recover underpayments by handling appeals and disputes with our billing service.
Patient billing and statements
Streamline patient billing and improve collection with our comprehensive patient billing and statement service.
Balance reminder calls
Improve patient collections and reduce outstanding balances with our balance reminder call service for medical billing.
Monthly Billing Review & Analysis
Optimize revenue and identify areas for improvement with our monthly billing review and analysis service.