Provide quality care to your patients while we take care of your medical practice RCM with our expert medical billing services. Have a look at services offered by MedStates!
Provider Enrollment and Medical Credentialing Services
Our top-tier provider medical credentialing and enrollment services help providers delivering care without delays while we take note of securing and maintaining credentials, ensuring that the payer credentialing guidelines are complied. Our credentialing experts navigate the complex landscape of insurance networks and regulatory requirements. Elevate your practice's efficiency with MedStates expert medical billing services, faster medical credentialing and enrollment services!
Eligibility and Verification of Patients Insurance Benefits
Simplify your healthcare billing operations with MedStates eligibility check and verification service for patient insurance benefits. We make use of advanced technology insurance plans assessment, confirm patient eligibility, and health insurance benefits, for accurate information on co-pays, deductibles, & coverage limits. Rationalize your practice's efficiency and patient satisfaction with our insurance benefits verification service. Contact now for best medical billing!
Expert Medical Billing Services
Boost medical practice revenue cycle with our expert medical billing services from enrollment, medical coding, claims submission to payment posting under one roof. Our coding and billing solutions ensures conformance with CPT, ICD-10, HCPCS updated guidelines to amplify payments and lower denials / rejections, so you can focus on exclusive patient care. With free ware technology & distinctive support, MedStates expert medical billing services offer slick solutions.
End-to-End RCM Services
With our expert medical billing services, your healthcare practice financial performance experience optimization from patient registration and insurance verification to medical billing, revenue collections, claims management, accounts receivable and performance reporting to ensure accurate reimbursement for all services rendered. Let us bring reforms in financial operations of your medical practice with our end-to-end revenue cycle management (RCM) solutions
Medical Coding Services
The AAPC certified professional medical coding team is lead by industry top performers who are committed to adding value by ensuring that every procedure and diagnosis is accurately coded in compliance with CPT, ICD-10 & HCPCS guidelines, enabling us to maximize reimbursements and reduce the chance of claim denials. Experience the benefits of our value-driven medical coding solutions and watch your medical practice thrive with our personalized approach
Claim Submission
The process of claims submission is an essential component of our comprehensive medical billing services. We ensure timely and accurate submission of claims to insurance providers with efficient use of advanced software to minimize errors while submitting claims, to expedite the billing process and increase the chance of prompt reimbursement. MedStates experts keep you informed with the real-time updates on your claims status
Claims Denial Management
We employ proven strategies to identify the root causes of denials, allowing us to implement effective solutions that prevent future denials. Our proactive approach not only increases your overall collection rates but also increase payment receipt efficiency. Our team works swiftly to appeal against denied claims in addition to identification of denial trends by analyzing denial patterns, for improvement in financial performance of your healthcare practice.
Aging Analysis
Reviewing billing efficiency and A/R as key performance indicators to provide a detailed breakdown that classify unpaid claims into aging buckets i.e. 30, 60, 90 days & beyond, to identify trends and resolve issues promptly. Follow-up on long due claims, ensuring negotiation with payers for problem solving to curtail loss revenue. The expert medical billing team analyze the denial patterns to address payment delays and lessen discrepancies in healthcare billing
Accounts Receivable Follow-up
Inflate practice revenue with MedStates accounts receivable service designed with expertise to track, manage, increase medical billing collections and to assist you get paid faster. Our pro-active A/R approach identify trends, reduce bad debts, delayed payments and improves revenue, all while you focus on quality patient care. Discover the financial potential of your practice with our all-inclusive expert medical billing services & financial management solutions today!
Front Office Management
Reform your practice professionalism and service quality with MedStates virtual front office management! Offering executive support for improved patient experience and practice efficiency. From patient scheduling to insurance verification and medical billing, MedStates manages it all remotely. Results in reduced overheads and increased cashflow while maintaining healthy bond with your patients. Remodel your front office today with expert medical billing services
Dedicated Practice Manager
MedStates Practice Manager will serve as a backbone of your practice in overseeing practice operations, coordination with industry stakeholders, managing supporting staff, patients scheduling, monitoring budgets, and billing & collections, to assist you in maintaining healthcare practice both financially and administratively. Also, responsible to ensure adherence to healthcare regulations, policies, and medical industry standards to maintain strict compliance
Quality Payment Program
Healthcare providers are incentivized with Quality Payment Program (QPP) for maintaining healthcare service quality, leads to accurate reimbursement. MedStates assist medical facilities by monitoring key quality metrics and performance report to meet QPP benchmarks including Alternative Payment Models (APMs) & Merit-Based Incentive Payment System (MIPS). Our expert medical billing services team provide training for understanding QPP guidelines
Medical Practice Business Consultancy
Our professional business consultancy aims to empower medical practices across the U.S. to flourish in a competitive healthcare industry. MedStates is committed to implement business process improvement. We deliver in-depth financial analysis and develop a business strategy to expand, increase profitability, minimize risks and reduce administrative burden while ensuring strict adherence to health industry standards. Get a free quote!
Book Keeping (QuickBooks)
Manage financial data entry with MedStates bookkeeping service using advanced QuickBooks accounting software, to monitor, categorize & track income, expenses and manage accounts (payable & receivable) on regular basis, monthly, quarterly, bi-annually and annually. With our bookkeeping service, you will remain informed about operational expenses, ease of investment and taking financial decisions to help control costs and improve profitability. Contact us today!
Financial Statements
Our finance team specializes in providing financial reporting solutions that adhere to GAAP and IFRS standards. From Medical Practice startups to large healthcare practices, we assist in accurate income statements, balance sheets, and cash flow statements that reflect financial health of your practice. By choosing MedStates financial statement services, you gain a partner committed to enhancing your financial transparency and strategic planning. Contact us today!
Performance Dashboard
MedStates custom-built dashboards, utilizing Microsoft Excel and Power BI, keep you informed about key metrics, including income vs. expenses, accounts receivable, financial reporting, and administrative costs. Additionally, our built-in tax calculator ensures you are always prepared for tax calculations. Our dashboards are designed with one-click navigation, assisting you to quickly access the information you need. Save time on data analysis with visualizations!
Contracts Negotiation
Our seasoned professionals have extensive experience in the healthcare industry contracts negotiation with payers / insurance companies and other industry stakeholders, ensuring you secure favorable terms that enhance revenue and streamline reimbursements. From initial contract reviews to final negotiations, we provide end-to-end support. Our goal is to empower your medical billing services with robust contracts that support sustainable growth. Sign up now!
Financial Management
We implement efficient billing workflows that reduce errors and expedite payment flows by gaining valuable insights with detailed financial reporting that track key performance indicators, helping you make informed business decisions. By taking advantage of MedStates financial management services, you can achieve financial performance by improving operational efficiency, resulting to greater profitability. Contact us to learn more about our healthcare financial solutions!
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