VIRGINIA MEDICAL BILLING SERVICES
In the diverse landscape of Virginia, we are excited to provide specialized medical billing services tailored to the needs of healthcare providers across the state. At HBS, our expert team is well-versed in a variety of specialties, including radiology, gastroenterology, family practice, internal medicine, foot and ankle surgery, anesthesiology, and more.
Importance of Efficient Billing Practices
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Growing Healthcare Market:
Virginia is home to over 30,000 licensed physicians, making efficient billing practices essential for success.
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Reducing Claim Denial Rates:
With the average claim denial rate in the healthcare industry at 5-10%, our tailored billing solutions can reduce denial rates by up to 30%, ensuring your practice receives the revenue it deserves.
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Improving Cash Flow:
Our strategies help decrease accounts receivable days, allowing for quicker access to funds.
From Richmond to Virginia Beach, Norfolk to Arlington, we are committed to serving all major cities in Virginia, ensuring that your billing needs are met with the highest standards of professionalism and efficiency. Partner with us to navigate the complexities of medical billing and support the growth of your practice in this dynamic healthcare environment.
The foremost objective of any practice is to become financially success and attain a sturdy place among others. We reduce your managerial responsibilities to let you highlight on your authentic duty. We take all disputes and their concerns into attention to make a seamless tactic for physician’s authorization. Our billers and coders systematically study footraces in the way of claim collection and care you to make flawless results for smoothening of the entire executive and billing operation.
Comprehensive Practice Management Solutions
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Beyond Medical Billing:
HBS is not just a medical billing company; we provide a wide-ranging and all-inclusive practice management solution.
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Support for All Practices:
Whether you are an established physician or starting a new practice, we offer comprehensive leadership to modernize your business.
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Systematic Management:
We streamline all managerial tasks, including scheduling and patient activities, across all medical specialties.
Our experienced team of billers and coders are always busy in attaining maximum revenue collection for your practice. Our services include the collection of previous due bills, new claims with proper coding, audit safety, coding and diagnosis analysis, customized accounts receivable, denials management, online cash submission, payment posting, enthusiastic insurance follow-up and generation of medical and financial statements.
Data Management and Claim Handling
We accumulate accurate and perfect data on patients and their insurance admissibility and modernize and improve respective data when needed. Our specialties comprise data entry, preceding authentication of each claim to identify the eligibility, automated handling of claims and error-free submission, active follow up, denial and refusal management tactics, and settlement of accounts.
Commitment to Compliance and Customization
HBS spontaneously identifies if there comes any mistake in the claim submitted, that is quickly resolved by our billers to elude rejection. Electronic file transfer (EFT) and electronic fund transfer not only save your time but also the cash by simply entering our system. We sternly follow compliance guidelines and keep you and your team completely attentive of the ever-varying and multiple development in the area of medicine. We understand the unique challenges faced by individual practices, clinics, hospitals, and healthcare organizations in Virginia. Our customized billing strategies are designed to enhance revenue and streamline operations, allowing you to focus on delivering high-quality patient care.