Key Attributes of Our Medical Billing Services:
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Charge Entry
Ensuring accuracy surpassing 98% within 24 hours of receipt by automating your billing flow, patient handling, service eligibility checks, and facilitating swift communication with insurance carriers.
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Claim Scrubbing
Care CloudMED examines claims to guarantee the processing of all pertinent information, addressing incomplete details, and resubmitting rejected claims as needed.
Insurance and Rejection
Care CloudMED maintains communication with individual insurance companies according to their payment schedules. Our aim is to keep outstanding accounts receivable at or below 20% for 60-day periods and below 10% for 120-day periods.
Payment Posting
Care CloudMED inputs details regarding benefits, patient payments, and insurance payments into our billing software, ensuring the accuracy of accounts receivable records.
Patient Statements
We dispatch personalized statements to patients who have outstanding balances on their accounts.
Optimize Efficiency
Assist your staff in handling the complete practice workflow, encompassing patient management, document uploads, and secure message delivery.
Timely Claim Submission
Claims are processed and submitted to the insurance company within 48 hours of receiving patient encounter forms, whether in paper or electronic format.
Reporting
Our weekly practice scorecard provides information on booked revenue, collected revenue, outstanding revenue, and more. Ad hoc reporting is also available upon request.
