Medical Billing Solutions

​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 options to determine just how much you want to put us to work for your revenue.
MD billing solutions from MBS Select help 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.
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​​​Contact us today to discuss more your unique situation and service needs with one of our executive medical billing specialists.

​Our focus markets include California, Connecticut, Florida, Maryland, Massachusetts, New York, Rhode Island, Texas, and Virginia, and we are always exploring opportunities in new markets as part of our 50 State market strategy.

MEDICAL BILLING SERVICES

Our medical billing company has successfully managed over $500M ​in client revenue under our premium level of full-service RCM, which offers unmatched excellence in quality, service, and financial results.  And, for practices that prefer a more hybrid approach to supplement their own internal billing department personnel, our basic offering is a great fit.

HYBRID RCM

2-4%
of gross collections

This low-cost option is best for practices with an in-house billing presence but that require added assistance and oversight with overall revenue cycle management and high volume transactions.  Includes the following:

  • Fee schedule maintenance
  • Encounter form maintenance
  • EDI and EFT enrollment
  • Front-end claims scrubbing
  • Claims generation and electronic submission
  • Claim rejection resolution
  • Lockbox management / bank deposits
  • ERA and manual EOB trxn posting
  • Patient payment posting
  • Technical troubleshooting
  • Directory administration

FULL-SERVICE RCM

4-8%
of gross collections

This is our most comprehensive service option with the greatest level of ROI and revenue results for practices looking to outsource the entire billing operation to our expert team of medical billing specialists.  Includes the "Basic" 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

"Best-in-class" performance

​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 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 under our Premium level 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 medical billing specialists will ultimately help your organization stay ahead and achieve higher revenue targets.