Hospital Medical Billing Services For Comprehensive Inpatient And Outpatient Care
Hospital Billing Services offers a full suite of billing solutions designed to streamline revenue cycle management for hospitals. Through precise claim filing, accurate coding, denial resolution, HIPAA-HITEC compliant processes, and diligent follow-up on unpaid claims, we help hospitals focus on delivering quality patient care without the weight of administrative tasks.
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We Know The Challenges Hospitals Face
Total Medx Hospital Medical Billing Services understands the challenges hospitals face in billing and Revenue Cycle Management (RCM), which can affect their financial health. With our expertise and advanced EHR system, we address these issues directly to ensure smoother operations and optimized revenue for your hospital.here are few of our solutions
✘ Complex Billing Regulations
Total Medx understands that staying compliant with HIPAA and other regulatory standards demands deep expertise, especially with rules governing Medicare, Medicaid, and private insurers. Our experienced team ensures your hospital adheres to all necessary protocols, so you can focus on providing quality care.
✘ Poor RCM Operations
Managing the full lifecycle of patient accounts—from registration and scheduling to final balance payments—can be challenging for hospitals due to heavy administrative workloads. Total Medx simplifies this entire process, streamlining each step from start to finish for smoother operations and improved financial outcomes.
✘ Lack Of Coding Expertise
Accurate coding with systems like ICD-10, CPT, and HCPCS requires specialized expertise that many hospitals may lack. At Total Medx, our certified medical coders are extensively trained in these coding standards, ensuring that every medical record is precisely translated into the correct codes, optimizing reimbursements.
✘ No Real-Time Reporting
Hospitals require in-depth analytics and reporting to gain insights into financial performance, payer mix, and reimbursement trends. Total Medx Hospital Billing Services offers clear, comprehensive analytics and reporting, empowering hospitals to make data-driven decisions that enhance their financial outcomes.
Total Medx Billing Services Are The No. 1 Solution For Hospitals
Total Medx offers a comprehensive suite of billing services that streamline hospital revenue cycle management. From accurate claim filing and coding to denial resolution and HIPAA compliance, our team ensures your hospital gets paid efficiently and promptly. Let us handle the complexities of medical billing so your hospital can focus on delivering exceptional patient care.
Claim Processing
At Total Medx, we ensure the proper utilization of the UB-04 claim form for hospital billing, capturing all essential details of the patient’s stay, including procedures, medications, diagnoses, and more. This meticulous approach guarantees the accurate and complete submission of claims the first time, minimizing delays and denials for faster reimbursement.
Coding And Compliance
At Total Medx, our team utilizes cutting-edge hospital billing software to apply the correct CPT and HCPCS codes, ensuring compliance with all coding guidelines and HIPAA regulations. Additionally, our patent-pending claim scrubbing and submission optimization process proactively manages denied claims, minimizing errors and improving the efficiency of the billing cycle.
Patient Billing Support
Total Medx enhances patient satisfaction by offering transparent billing communication and real-time access to account status via patient portals. Our hospital medical billing services also include robust analytics and reporting, providing hospitals with valuable insights into their revenue cycle performance.
Total Medx Ultimate Benefits For Hospitals
Outsourcing Total Medx services offers significant advantages for hospitals in managing complex billing operations, improving efficiency, and boosting cash flow. Here’s how Total Medx can help:
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- Timely Billing Of Accounts: We ensure all claims are submitted promptly, reducing delays and enhancing cash flow.
- Real-Time Reports: Hospitals receive up-to-date, easy-to-understand reports, allowing for better financial tracking and decision-making.
- Error-Free Billing: Our expert team ensures accurate coding and claims submission, reducing the risk of errors and denials.
- Increased AR Collection: We effectively manage Accounts Receivable (AR), improving collection rates and reducing outstanding balances.