The Results Will Amaze You
Our Comprehensive Hospital Billing Services
At CarePart LLC, we take a comprehensive, all-inclusive approach to the hospital billing management and collection process. Not only do we continuously update our staff on changes in billing codes and payer procedures, but we also invest in the latest medical billing technology to provide the best possible service. We understand that medical billing is not a one-size-fits-all solution. Your hospital billing system has its own set of needs. That’s why we offer customized billing solutions, including:
Insurance Verification
Our expert team collects up-to-date patient information, including the insurance company’s name, insurance cards, policy details, and identity documents. We verify insurance up front to accurately estimate patients’ financial responsibilities, such as copayments and deductibles.
Medical Billing and
Coding
Services
CarePart LLC stays up-to-date on HIPAA-compliant standards for efficient billing solutions and collection services. Our medical coding experts perform multiple quality checks before submitting a coded bill to the payer. It ensures error-free claims and maximizes revenue growth.
Payment Posting
CarePart LLC utilizes specialized EMR/EHR software to automate this process, ensuring faster and more accurate posting. We help identify areas for improvement, such as reducing denials or collecting outstanding patient balances.
AR Management
and Follow-Up
We provide comprehensive AR management and follow-up services to help hospitals recover lost revenue. Our dedicated team prioritizes aged accounts and uses advanced analytics to identify every opportunity for collection. This is why we have a proven record of reducing AR by 30%.
Denial Management
We manage claim denials systematically with the IMMP process. IMMP stands for Identify, Manage, Monitor, and Prevent. First, we identify the reasons for claim denials. Then, we appeal it and have the insurer pay the claim. Lastly, we reduce future denials by revising processes and retraining staff.
Charge Entry
We stay up-to-date on complex billing regulations, ensuring your charges comply with all payer requirements. Our expert billing team carefully collects data, analyzes it, and prepares the claim with accurate information.
How We Stay Ahead of the Curve
Complete Hospital Billing, Coding & Revenue Cycle Management
Ignored claims, denials, and underpayments
can significantly affect your hospital’s revenue stream and bottom line, which can
negatively impact your primary focus—patient care.
We streamline your revenue cycle by accelerating cash flow through faster
collections and accurate billing. Our team takes the time to understand the
eligibility criteria and coding requirements of your specific payer. This ensures
that you capture all billable services and receive the maximum reimbursement for
each claim.
CarePart LLC Helps You Get Paid Faster!
If your current hospital medical billing is done in-house, every repeated claim submission increases overhead expenses and results in revenue loss. As a leading hospital billing company, we understand that even the most minute errors trigger claim rejections, and every claim that requires reprocessing is costing you valuable resources. Our billers will review all of the claims and send them out within 48 hours. We excel at handling high-volume claims, currently processing over 50,000+ per day. Our goal is to ensure that you receive the maximum amount of reimbursement for all services rendered.
Advanced Hospital Billing Software for Streamlined Workflow
At CarePart LLC, we understand the importance of automated processes. That’s why we utilize cutting-edge medical billing software – Maximus. This software will enable your hospital staff to organize, store, and access patient appointments, demographics, and billing more conveniently and securely. It is entirely up to you whether to use your current software or switch to ours.Sign up today for a free demo and see how our software can streamline your hospital billing
How do you submit claims?
How much do your hospital billing services cost?
What procedure do you follow in the event of nonpayment?
Is your hospital billing company HIPAA compliant, and how do you ensure the security of patients' protected health information (PHI)?
- Secure electronic data storage with encryption.
- Regular security audits and staff training on HIPAA regulations.
- Patient data is subject to strict security controls, with access limited to authorized personnel.
What is your support turnaround time?
Have Questions?
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