Medical Billing
Expert
Expert
Expert
Expert
Expert
Looking for Medical Billing Solutions?
Redwood’s medical billing services play a vital role in helping healthcare providers by converting the medical services they offer into billing claims. These claims are then submitted to insurance companies to ensure accurate and timely payments for the services provided. This process simplifies the payment workflow for healthcare providers, allowing them to focus more on patient care and less on administrative tasks.Our proper management of medical billing ensures that healthcare providers are paid for the services they deliver, while also maintaining compliance with healthcare regulations.
Our Medical Billing Services
Insurance Verification & Authorization
We verify patient insurance coverage and secure necessary pre-authorizations before services are rendered, reducing claim rejections and delays. This ensures smooth billing and reimbursement processes, helping healthcare providers avoid financial losses due to insurance-related issues.
Insurance Contract Management
We assist healthcare providers in managing their insurance contracts, from initial negotiations to renewals. By ensuring compliance with contract terms, we help practices maximize reimbursements and avoid issues that can arise from poorly managed agreements.
Insurance Claim Management
We handle the entire claims process, from initial submission to detailed follow-up, ensuring timely and accurate claim processing. Our team works to minimize errors and delays, ensuring healthcare providers receive prompt reimbursement from insurance companies for their services.
Credentialing for Doctors and Nurses
Our credentialing services register doctors and nurses with insurance companies, ensuring they meet all requirements for reimbursement. We streamline the process, helping healthcare professionals avoid delays in payment and ensuring full compliance with insurance company guidelines.
Claims Denial Resolution
We work to resolve denied insurance claims quickly and efficiently. By identifying the cause of denials, correcting errors, and resubmitting claims, we help healthcare providers reduce revenue loss and ensure faster approvals for outstanding claims.
Patient Eligibility Checks
Our team performs detailed eligibility checks, confirming patient insurance coverage before services are provided. This ensures healthcare providers avoid costly claim rejections and that patients receive the correct information about their financial responsibility upfront.
Trusted Medical Billing Experts!
Our medical billing services boast a 98% claim approval rate, ensuring faster reimbursements and 30% quicker payments through smooth process. With over years of experience, our expert team strictly adheres to regulations and uses advanced billing software, delivering error-free results while maintaining the highest standards of data security and compliance.
98% Claim Approval
Dedicated Team
30% Faster Payments
Our Medical Billing Process
Collect and securely input patient and insurance data into our system for accurate claim processing.
Verify patient insurance coverage and eligibility before services are rendered to avoid rejections.
Code each procedure and diagnosis accurately using industry-standard codes, minimizing claim errors.
Submit claims electronically to insurance providers, ensuring quick processing and tracking.
Post payments, manage rejections, and follow up on unpaid claims for faster resolutions.
The medical billing process can vary in length depending on several factors, including the complexity of the claims, the efficiency of the billing system and the responsiveness of insurance payers.
The expenses associated with outsourcing medical billing can differ based on the service provider, the complexity of the tasks, and the number of claims being handled.
The billing process includes following up on claims, posting payments, and handling any denials or rejections. While coding focuses on accurately describing what was done, billing focuses on ensuring that the healthcare provider is paid for those services.
● Accurate Data Entry
● Proper Coding
● Regular Audits
● Automated Software
● Clear Communication
● Ongoing Training
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