Medical billing is a unique challenge. One size does not fit all, and neither does one system – particularly given the often inferior billing modules that are bundled in today's EMR systems. Under our medical billing company, MBS has successfully managed over $500M in client revenue under many practice-tailored arrangements. Explore our tiered MD billing service solutions for Boston, MA metro and greater Massachusetts to determine just how much you want to put us to work for your revenue.
Medical providers need a Boston medical billing solutions company that has the experience and knowledge to successfully manage their unique payer challenges, whether it is an individual practice or growing multi-specialty group with several satellite locations. Boston medical billing companies vary in size and scope; we cannot emphasize enough how important it is for healthcare practices to invest in a billing partner that has a proven track record of success. In addition to our deep knowledge base, we have developed custom solutions for several unique practice types including: concierge medicine, physician-owned hospitals, and rehabilitation clinics.
MD billing solutions from MBS Select help Boston medical practices earn 8-15% more revenue compared to other medical billing companies and understaffed in-house billing departments. Please take a moment to review the above sections of our website to learn more about our highly competitive tiered medical billing solutions, how we consistently outperform industry KPI performance benchmarks, and the ever-growing list of provider specialties that we serve. Other medical billing companies simple cannot compete with the level of service and results that we offer at our low-cost, competitive rates. Contact us today to discuss more your unique situation and service needs with one of our executive medical billing specialists.
Our medical billing company has successfully managed over $500M in client revenue under our premium level of service.
Hybrid RCM
2-4% of gross collections
This low-cost option is best for Boston practices with an in-house billing presence but that require added assistance and oversight with overall revenue cycle management and high volume transactions. MBS's low-cost medical billing services are perfect for any practice looking to improve their billing cycle returns and gain ease and flexibility in their working days. Includes the following:
This is our most comprehensive service option with the greatest level of ROI and revenue results for Boston practices looking to outsource the entire billing operation to our expert team of medical billing specialists. MBS's comprehensive medical billing services are perfect for any practice needing to outsource its entire revenue cycle management. Includes the "Expanded" services plus the following:
CPT and ICD coding review and corrections
Coding insights and recommendations
Patient registration QA and clean-up of entry errors
Insurance eligibility QA to confirm correct insurance is billed
Paper claim assembly and submission
Claims scrubbing resolution
Denied claim follow-up research and appeals
Online and phone-in claim corrections and rebills
Unpaid and inactive claim A/R follow-up research
Patient statement generation and delivery
Research bad addresses and undeliverable mail
Patient call center for balance inquiries and credit card payments
Patient A/R management
Patient payment plan tracking
Collections account coordination
Credit balance review
Refund notifications
Payer website administration
Payer guideline information and update notifications
Month-end reporting
On-site monthly meetings
After hours phone number to contact MBS management at any time
OUR FULL SERVICE RCM OUTPERFORMS INDUSTRY KPI STANDARDS
MBS compares itself against several industry benchmarks, or key performance indicators (KPIs), to assess the quality and performance of our outsourced Boston medical billing service in comparison to market competition. Using benchmark data published by such organizations as MGMA, HBMA, AMA, and CMS, it is very clear that our medical billing company consistently outperform the industry norms across the board. The chart below illustrates a few such areas where we set a higher bar for our valued clients.
What this means for our clients is an average revenue increase of 8-15% within the first year of partnering with us for full-service billing! And, it's ultimately this difference factor that has our full-service clients remaining with us for decades with very little client turnover. Contact us today to schedule a discussion to learn more how our medical billing company can help you offset the growing trend of insurance companies paying less. By increasing your revenue performance standards, our expert team of Boston medical billing specialists will ultimately help your organization stay ahead and achieve higher revenue targets.
MBS has successfully managed over $500M in client revenue under many practice-tailored arrangements. Browse our tiered MD billing service solutions for Boston, MA metro and greater Massachusetts to determine just how much you want to put us to work for your revenue. Explore our full Boston medical billing services and find out why we're the best-in-class solution for your revenue cycle demands.