Medical billing
We understand that a successful approach to medical billing involves careful attention to a host of essential factors. It is our goal to pursue all distinctive requirements of each client by working closely with physicians and their staff. When you choose Physician Revenue Solutions in Chicago, IL, you’ve made the decision to trust a firm that has a proven track record of results. We offer you the most reliable, accurate, and most professional handling of all your medical billing needs.
Consulting
Your medical claims can be processed quicker than with any other company. With our highly efficient services, you will achieve a maximized financial return in the shortest time period possible. Our team of experts will review the payment schedules and fees to ensure they are consistent and within the contractual agreements. Our claim workers, on the other hand, use procedures that have proven to be the best way to ensure accurate and complete claims are submitted the first time a claim is submitted for approval. And when it comes to handling the balance due from a patient, we employ the leadership and care needed to help ensure your patients want to come back to you when they need medical attention.
Revenue Cycle Management
Your medical claims can be processed quicker than with any other company. With our highly efficient services, you will achieve a maximized financial return in the shortest time period possible. Our team of experts will review the payment schedules and fees to ensure they are consistent and within the contractual agreements. Our claim workers, on the other hand, use procedures that have proven to be the best way to ensure accurate and complete claims are submitted the first time a claim is submitted for approval. And when it comes to handling the balance due from a patient, we employ the leadership and care needed to help ensure your patients want to come back to you when they need medical attention.
Medical coding
There is a new International Statistical Classification of Disease (ICD-10) which replaced ICD-9 on October 1, 2015. This change updates the recording of the coding needs in medical billing by adding more classifications, but does require some getting used to and may require some necessary steps by coding experts in order to have their medical insurance claims filed and processed. Physician Revenue Solutions, located in Chicago, IL, offers an easy to use code conversion tool to assist with this transition on our website. It lets you easily convert ICD 9 codes to the most updated corresponding ICD 10 codes.
Credentialing
Timely and complete handling of credentialing requirements is critical to the health of your revenue cycle. Delays in enrollment of a new provider or missing the re-credentialing of an existing provider can have a negative financial impact on your practice. The process of obtaining a provider credentialed with a payer, however, takes a significant amount of manual work –from completing application forms and clarifying questions from payers, to conducting follow-ups with them to close the credentialing request. You can trust Physician Revenue Solutions to handle payer enrollment needs and requirements, alleviating you from these time-consuming tasks.
reporting
We know financial reports are an essential tool to have in order to effectively manage your business. We will meet with you regularly to review the financial reports and the key performance billing indicators for your group. We will work with you to analyze areas for improvement and will use these reports to assist you in the management of your revenue cycle. Our team at Physician Revenue Solutions are committed to complete transparency with regard to the content of your practice management reports.
Medical billing
We understand that a successful approach to medical billing involves careful attention to a host of essential factors. It is our goal to pursue all distinctive requirements of each client by working closely with physicians and their staff. When you choose Physician Revenue Solutions, you’ve made the decision to trust a firm that has a proven track record of results. We offer you the most reliable, accurate, and most professional handling of all your medical billing needs.
Consulting
Your medical claims can be processed quicker than with any other company. With our highly efficient services, you will achieve a maximized financial return in the shortest time period possible. Our team of experts will review the payment schedules and fees to ensure they are consistent and within the contractual agreements. Our claim workers, on the other hand, use procedures that have proven to be the best way to ensure accurate and complete claims are submitted the first time a claim is submitted for approval. And when it comes to handling the balance due from a patient, we employ the leadership and care needed to help ensure your patients want to come back to you when they need medical attention.
Revenue Cycle Management
Your medical claims can be processed quicker than with any other company. With our highly efficient services, you will achieve a maximized financial return in the shortest time period possible. Our team of experts will review the payment schedules and fees to ensure they are consistent and within the contractual agreements. Our claim workers, on the other hand, use procedures that have proven to be the best way to ensure accurate and complete claims are submitted the first time a claim is submitted for approval. And when it comes to handling the balance due from a patient, we employ the leadership and care needed to help ensure your patients want to come back to you when they need medical attention.
Medical coding
There is a new International Statistical Classification of Disease (ICD-10) which replaced ICD-9 on October 1, 2015. This change updates the recording of the coding needs in medical billing by adding more classifications, but does require some getting used to and may require some necessary steps by coding experts in order to have their medical insurance claims filed and processed. Physician Revenue Solutions offers an easy to use code conversion tool to assist with this transition on our website. It lets you easily convert ICD 9 codes to the most updated corresponding ICD 10 codes.
Credentialing
Timely and complete handling of credentialing requirements is critical to the health of your revenue cycle. Delays in enrollment of a new provider or missing the re-credentialing of an existing provider can have a negative financial impact on your practice. The process of obtaining a provider credentialed with a payer, however, takes a significant amount of manual work –from completing application forms and clarifying questions from payers, to conducting follow-ups with them to close the credentialing request. You can trust Physician Revenue Solutions to handle payer enrollment needs and requirements, alleviating you from these time-consuming tasks.
reporting
We know financial reports are an essential tool to have in order to effectively manage your business. We will meet with you regularly to review the financial reports and the key performance billing indicators for your group. We will work with you to analyze areas for improvement and will use these reports to assist you in the management of your revenue cycle. Our team in Chicago, IL are committed to complete transparency with regard to the content of your practice management reports.
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*We offer sliding and flat fee billing schedules, and can beat almost any rate! Terms and conditions may apply. Please contact us for a free quote!