Xpandmed Services, LLC can handle the following billing services for your practice.
- Management of billing out claims averaging 14 million on an annual basis
- Management of old and unreliable accounts receivables that are typically difficult to collect. We average 95% collection on these accounts.
- In addition to collecting on old and unreliable AR accounts, we are also able to collect up to 90% of expected collections.
Revenue Cycle Management Services
- Medical Coding and Billing
- Insurance Eligibility and Benefit Verification
- Insurance and Client Collections
- Charge Entry
- Denial Management
- Insurance Research
Why is having a billing department important?
- Has the ability to work closely with physicians on updates and protocols from the different insurances which promotes higher reimbursement and collection rates.
- Being readily available for the physicians and staff to answer any coding questions on the spot
- Being readily available of the patents when they have questions about their OOP for an upcoming service to further explain details of insurance verbiage, costs, and other terminology the clients do not understand.