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ParaDocs Medical Billing Service
When you choose to work with us, we’ll act as your personal billing department. We’ll work to ensure timely and accurate claim submissions, maximize reimbursements, and address denials in a way that improves your monthly cash flow. Since we specialize in meeting the billing needs of podiatrists, our staff are trained to catch underpayments that companies who serve a broader group of health care providers would be likely to miss.
ParaDocs Medical Revenue Center
ParaDocs Medical Revenue Center
With more than 20 years of experience providing medical billing services to podiatrists across the continental United States, ParaDocs Medical Revenue Center has developed a comprehensive understanding of the vital role billing pays in promoting the profitability of a practice.
When you work with ParaDocs, you’ll be able to:
· Ensure timely and accurate claim submission
· Reduce time spent on daily office management tasks
· Pinpoint areas of inefficiency and loss
· Improve cash flow by maximizing reimbursements
· Lower labor costs by no longer having an on-site billing department
· Remain compliant with the Health Insurance Portability and Accountability Act (HIPAA)
· Fulfill the contractual requirements of various health insurance providers
Our results speak for themselves. We have an average 98% collection rate after the first submission, and our billing services provide an average collection increase of 15% to 30% within the first six months. Since we specialize in podiatry billing services, we can track and pursue underpayments that companies serving a broader group of health care providers are likely to miss. In some cases, these underpayments may be costing you as much as 10% of your monthly income.
What distinguishes us from the competition is that our team doesn’t just handle the day-to-day financial aspect of billing for the services you provide. We view ourselves as a partner who is committed to helping you reach your long-term financial goals.
We’ll work with you to identify and correct areas of inefficiency and loss, such as developing a plan to mitigate the loss caused by unpaid patient health insurance deductibles or implementing an electronic verification of coverage that can be accessed directly from your medical practice management software. If your goal is to attract more new patients, we’ll help you determine how much revenue each patient brings in and show you how this data can be used to make smart decisions with your marketing budget.
As an independent podiatry practice owner, you’re an entrepreneur. You’re wearing many hats, but you’re not alone. Contact us today to learn how we can help you manage your medical billing in a way that allows you to reach your business goals without compromising patient care or satisfaction.
