Consult with an Expert
Streamlined Revenue CycleMBP Medical Billing and Coding Solutions understands the complexities and time demands of revenue cycle management. That's why we offer comprehensive medical billing and coding services to healthcare providers across the nation. Our skilled and dedicated team takes your medical billing needs seriously, providing personalized services to ensure your success. We maintain absolute transparency, ensuring accurate coding, seamless claim submission, and optimal reimbursement rates in line with state benchmarks. With 24/7 client support and web-based access, you gain real-time visibility into your billing and financial activities, empowering you to make informed decisions and efficiently manage your revenue cycle.
Key Process FeaturesEffective medical billing and coding require meticulous attention to detail, as even small errors can lead to revenue loss. At MBP Medical Billing and Coding Solutions, our comprehensive Revenue Cycle Management process ensures that your practice receives the revenue it deserves. Our commitment to transparency is evident in our detailed reports and timely updates on billing claims and insurance reimbursements. This allows you to make informed decisions about your practice's financial health. Our team is certified, highly skilled, and dedicated to efficient billing practices, including thorough follow-up on outstanding claims and daily denial management, ensuring an expedited payment cycle.
As your trusted partner in Revenue Cycle Management, MBP Billing and Coding Solutions empowers you to potentially increase your Medical Billing revenue by up to 30%. Our dedicated 24/7 customer service ensures exceptional patient care, free from worries regarding delayed payments or ongoing training. With extensive experience of more than 18 years in the healthcare sector, we excel in generating clean claims and encounters, achieving an outstanding claim acceptance rate of 99.9%. Our efficient procedures minimize claim processing times, leading to cost savings. Moreover, we actively pursue old Accounts Receivable (A/R) claims and prioritize the prompt submission of clean claims to accelerate your revenue cycle.
Precision in Medical Billing and CredentialingMBP Billing and Coding Solutions stands out as a renowned provider in the medical billing service industry. Our reputation is built on consistently delivering precise and prompt outcomes, which effectively boost revenue for our valued clients. Utilizing cutting-edge technology and expertise, we streamline the billing process, reduce errors, and enhance productivity, all while delivering exceptional client support. Our team at MBP Billing and Coding Solutions comprises highly skilled and extensively experienced specialists in Medical Billing and Coding. Beyond simply managing billing requests, our commitment lies in passionately ensuring your economic prosperity in the Revenue Cycle Management Sector.
25 Days
99 %
5 % - 10 %
24 Hours
95 %
95 %
100 %
30 %
Years of Experience
Providers
Software
Specialities
We are helping healthcare physicians across the United States tackle their medical billing and credentialing challenges. Our team of experts specializes in key areas known for significantly improving billing efficiency and accuracy. If you're seeking a reliable medical billing company, look no further. Contact us today to learn more about our comprehensive services!
TESTIMONIALS
"MBP Billing and Coding Solutions has been a game-changer for my practice. Their expertise in managing credentialing and billing processes has allowed me to focus entirely on patient care. Their team is incredibly reliable and always ready to assist. Highly recommended!"
"Working with MBP Billing and Coding Solutions has significantly streamlined our billing processes. Their proactive approach and meticulous attention to detail have resulted in faster reimbursements and reduced administrative burdens. Their services are indispensable to our clinic."
"The team at MBP Billing and Coding Solutions is exceptional. They handled our credentialing and contracting with such efficiency that we experienced no downtime. Their dedication and professionalism ensure our practice runs smoothly, and we couldn't be happier with their services."
"I can't thank MBP Billing and Coding Solutions enough for their outstanding service. Their regular follow-ups and audits have kept our credentialing up-to-date and compliant. Their expertise has saved us time and money, making them an invaluable partner for our office."
"MBP Billing and Coding Solutions has exceeded our expectations in every way. Their comprehensive understanding of the credentialing process and prompt handling of contracting issues have been crucial for our practice. Their support allows us to maintain our focus on delivering excellent patient care."
Common QueriesMedical Billing is the process of creating and submitting healthcare claims to insurance companies in order to obtain reimbursement for medical services provided by healthcare providers and organizations. It plays a vital role in ensuring that healthcare providers are paid for the services they provide. The claim comprises detailed information about the services provided, including codes that represent diagnoses, treatments, and procedures. It is crucial that these claims are accurate and complete, as they directly impact the reimbursement process
Medical Coding is the process of translating a patient's healthcare information into codes. This includes diagnoses, medical procedures, and services provided by healthcare professionals. It is a crucial step in the healthcare industry that helps ensure accurate payment and proper care for patients.
Medical Billing and Coding is based on two primary code sets: ICD-10-CM and CPT. ICD-10-CM is used to code diagnoses and medical conditions, while CPT is used to code procedures and services
Proper Medical Billing and Coding is the key to ensuring timely reimbursements. Even a small mistake can cause payment delays. Although Medical Billing and Coding are crucial for healthcare providers, they can hinder the delivery of quality care to patients. Accurate Medical Billing and Coding involves a full-time effort; however, it can result in significant returns.
As the foundation of your organization's financial performance, you need an efficient and effective system in place. Focusing your resources on Medical Billing and Coding can reduce the quality of patient-centered care. That's why MBP Billing and Coding Solutions provides Medical Billing and Coding services to help your facility free up resources and enhance patient flow
When choosing a Medical Billing and Coding Service, consider key factors to make the right decision for your healthcare practice. Ensure the service has an experienced and certified team of Medical Billers and Coders familiar with ICD-10, CPT, and regulations. Timely submission of claims and follow-up are crucial for maintaining cash flow. The service should have efficient processes to promptly submit claims and track their progress.
Healthcare practices and practitioners must ensure financial stability and regulatory compliance by avoiding common billing and coding errors. These errors include up-coding, under-coding, unbundling, incomplete documentation, mismatched diagnosis and procedure codes, failure to update codes, misuse of modifiers, failure to verify insurance coverage, duplicate billing, ignoring Local Coverage Determinations (LCDs) and National Coverage Determinations (NCDs), lack of training and education, failure to appeal denials, inaccurate demographic information, and ignoring medical necessity
Improving Revenue Cycle Management (RCM) is crucial for long-term financial stability and cash flow in medical practices. Here are some key strategies to enhance your practice revenue.
Handling insurance claim denials and appeals effectively is crucial for maximizing your practice's revenue. Here is a step-by-step guide on how to manage this process.
ICD-10 and CPT codes play a crucial role in Medical Billing as they help accurately document and bill for healthcare services, diagnoses, and treatments. ICD-10 codes are used to represent a patient's diagnosis, evaluate medical necessity, and assist with claim submission and treatment planning. On the other hand, CPT codes represent specific medical procedures, treatments, and services, and aid with billing for services, insurance reimbursement, treatment planning, and standardization.
In Medical Billing, modifiers are critical in providing additional information regarding the service or procedure performed or executed in a unique manner. Modifiers ensure that the claim conveys the exact nature of the service, resulting in accurate and fair billing. Incorrect application of modifiers leads to claim denials and underpayments. Therefore, the correct application of modifiers is vital in Medical Billing for clear, compliant, and error-free claim submissions.
Patients are responsible for supplying accurate personal and insurance information. They must be aware of their insurance plan coverage, including covered services, the network of healthcare providers, co-payments, deductibles, and any pre-authorization requirements. They are accountable for paying co-payments, deductibles, and any service charges not covered by their insurance provider. Patients may need to clarify their coverage details, dispute charges, or other bill specifics with their insurance providers to have a clear image of their financial responsibility
An Explanation of Benefits (EOB) is a financial document provided by an insurance provider to the patient following the healthcare claims process. It is a statement that explains the medical treatments and services that are covered and paid for by the insurance provider. It also provides details regarding the portion of the cost that falls under patient responsibility, such as co-pay, deductible, and coinsurance. If applicable, the EOB statement explains the reasons why certain services were not covered
Electronic Health Records (EHRs) are linked to Medical Billing in several ways
Professional Arcade 4th floor E11/3 Islamabad
70 DAWNAY ROAD BD5 9LH United Kingdom
1600 Broadway, Suite 1600, Denver, CO 80202, United States.
MBP Billing and Coding Solutions offers expert medical billing services to optimize revenue and streamline operations for healthcare providers.
Copyright ©2024-25 All rights reserved | Designed and Developed by MedBill Pros
