Why You Need CodeMax’s
Medical Billing and Revenue Cycle Management Services
Is your revenue lower than you think it should be? Are your claims taking longer than 30 to 45 days or more to be paid? Are your patients frequently denied services that you know they need? Do the insurance companies continue to pay you less than what you expected? Your staff works hard to take care of your patients, you offer top-notch care, you prioritize your patient’s recovery…and you deserve to be paid a reasonable rate for the services that you provide.
Do these scenarios sound familiar to you?
- Are VOB‘s taking too long, and delaying your ability to admit patients?
- Are your claims being rejected due to incorrect billing codes?
- Is your current billing department not able to get the days authorized for the treatment your patients need?
- Are your claims seldom paid on time?
Medical service providers like you encounter constant resistance from insurance companies. For all the high-quality care you provide, insurance companies try to challenge your claims every step of the way.
There has to be a better way!
That’s where CodeMax Medical Billing can help. Our medical billing and revenue cycle management services help you create a streamlined set of processes that the insurance companies find difficult to dispute. Our services save you time, money, and improve your ability to collect for the vital services you provide to your patients.
What Are The Benefits Of CodeMax’s Medical Billing And Revenue Cycle Management Services?
CodeMaxMB fights for medical service providers like yourself. Our medical billing and revenue cycle management services enable you to focus less on billing and more on patient care.
We work with medical service providers in the following areas:
- Rehabs and recovery centers that treat substance abuse and provide inpatient and outpatient addiction treatment.
- Primary Mental Health Treatment centers focused on eating and other disorders.
- Doctors offices, hospital physicians, surgery centers, and laboratories.
Not only do we understand the unique needs of each of these types of medical practices, but our medical billing and revenue cycle management services can increase your patient’s pre-authorized treatment days by up to 50% and improve your revenues by as much as 30% when compared to industry averages.
Reduce the Size of Your Billing Department
Your billing departments are expensive to run, and not as effective as they could be. CodeMaxMB takes over your medical billing processes, allowing you to reduce or eliminate your billing department and all the overhead expenses that go with it.
Eliminate Billing Errors
If your billing department staff isn’t up to date on the latest changes, you are losing money with every claim.
- Are your staff using the proper billing codes to receive the highest reimbursement?
- Do you know all the services you could bill for?
- Is your billing department leaving revenue on the table?
If you’re not sure, that’s a problem. And if your management isn’t sure, that’s an even bigger problem, because you’ll never know how much money you could be losing.
Aggressive And Persistent Collections Process
Our collections process is aggressive, persistent and thorough. We know that your ability to provide high-quality care is dependent on your ability to get paid for those services. And while most companies will follow up weekly or monthly, our team follows up daily until unpaid claims are paid. We do everything we can to collect the money you are owed, typically receiving payment within 30 to 45 days.
When new patients contact you, you need to get the insurance benefits verified as quickly as possible in order to prevent delayed admission. You might lose the patient to another treatment center that was able to verify benefits quickly. The average verification takes as long as two hours, but with CodeMaxMB, we can get things moving in as little as 45 minutes. That way you can focus on your patient’s health and helping them receive the treatment they need.
Accurate Coding Means Faster Payment
Every medical service you offer is classified by a set of codes created by the insurance industry. Insurance companies love to deny claims because of incorrect codes, thus delaying your payment. With CodeMaxMB, you’ll likely never experience that problem again because we’ve turned the billing process into a science. Our coding system gets your claims approved quickly for the right treatment, and maximizes the amount you make on each claim.
We Know the Insurance Industry
Navigating insurance industry regulations takes a lot of expertise. We’ve developed a unique understanding of insurance regulations, how these companies work, and how to create a medical billing process that they would have a very difficult time to challenge. When things don’t work out, we know who to talk to and what questions to ask, and our legal team is ready to fight for you and dispute any unlawful actions they take.
Our medical billing and revenue cycle management services help you…
- Get your patients approved for treatment
- Improve your ability to collect, and
- Reduce the number of delays that you’ll experience from the insurance companies.
It’s hard to provide effective care to your patients if your medical billing process isn’t effective at getting you paid. We get you paid.
CodeMaxMB – Medical Billing And
Revenue Cycle Management Services You Can Count On
CodeMaxMB helps medical service providers identify weaknesses in their current billing systems and develops customized solutions for your business.
Are you ready to collect more money from your current operations? Contact us today by calling (888) 843-1824 to speak to a Revenue Maximization Specialist. You care about the well-being of your patients, so let us get them the treatment they need to recover properly.