Medical billing is one of the most challenging jobs, requiring meticulous handling. A slight negligence or lack of knowledge by your team can cost you thousands of dollars annually. To run a fulfilling business, keeping track of financial activities, fixing revenue leaks, and managing the revenue cycle from start to end is of utmost necessity. Professional medical billing is the backbone of every healthcare organization. When the organization suffers from monetary loss, it becomes hard to invest in resources, and financial strain snatches the peace of mind you need to deliver excellent patient care.
Medmax offers the fastest and accurate way to submit the claims with lower chances of rejection.
The Medmax billing team verifies payment against each claim and posts the payment immediately.
Medmax follows up with the insurance company within 30 days of claim submission.
Medmax provides clear and concise patient billing ensuring fair compensation for healthcare professionals.
Medmax regularly works to enter charges and demographics of patients, taking the burden off your shoulders.
Medmax makes sure there are no errors in claims to avoid challenging denials in the future.
The Medmax team will contact the related insurance companies to extract benefits information for verification.
Medmax software covers prior authorization so that your services are eligible for earning in advance.
Medmax covers out of network billing so you get fair compensation for your treatment plans.
Medmax Technologies provide a low-cost solution to your medical billing issues, and that too, without a long-term commitment. You can hire our medical billing services with a minimal upfront cost and cancel the contract anytime at your ease without hassle. We will dedicate a medical billing specialist to your practice who will be responsible for creating customized solutions for you. We are 100% confident that our medical billing specialists team will be the game changer for your organization.
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The two types of medical billing are: professional billing and institutional billing.
They charge from 3% to 10% of the organization’s monthly insurance collections.
The golden rule is that do not bill or code it if its not documented properly in the medical record.
There are three billing systems:
According to the 72 hours rule, any diagnosis or service rendered before admitting to the hospital within 72 hours must be billed together.
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