Arkansas Medical Billing Services

Fast and Simple Medical Billing Services in Arkansas
Let us handle your medical billing so we can reduce the denial rate, optimize the process and increase the revenue of your practice.

Billing Challenges for Arkansas Practices

Medical practices in Arkansas are facing these difficult billing challenges.

Delayed Payments

When the practices submit claims to insurance companies, it gets in the queue. Because the practice doesn’t have enough team resources to follow up with each claim, the payments get delayed.

High Denial Rate

The practice’s claims which are submitted to insurance companies have minor errors like missing code, documents or rules. This leads to claim rejection by insurance companies. As the team doesn’t have a clear idea of the reason why the claim is denied, they are not able to fix the issue and the denial rate increases.

Complex Insurance Policies

Each insurance company in Arkansas has its own unique rule for medical billing. They frequently make changes in their rules and regulations. This becomes complex for practices to stay compliant with all changing and diverse rules. So the practice claims are rejected due to inaccuracy.

Overwhelmed Administrative Team

When the number of patients increases, the administrative team gets overwhelmed. Because they have very limited time to manage both providing care to patients and preparing complex documents for claims. When the numbers are small they are able to handle, but as the number increases so do the mistakes in claims.

Unpaid Balances

The Arkansas practices have a lot of unpaid balances by insurance companies and patients. This leads to constant revenue loss. As the practice spends the money in providing services to patients. But there is no on time reimbursement to make the cash flow stable.

How We Solve These Problems

Our medical billing services in Arkansas are designed to solve the problems which are mentioned above. Here is how:

Faster Payments

We prepare accurate claims and submit them to insurance companies in their preferred way. Then our team follows up on each claim until they are processed and approved. This increases the speed of payment and you get payments faster.

Reduction in Denial Rate

We prepare accurate claims and carefully review before submission. If claims are denied after submission, then we analyse them. Once we find out the cause of rejection, we fix it and resubmit the claims. We also optimize the process to prevent similar issues from happening again. This reduces the denial rate drastically.

Compliance

We have a team of billing experts who know the rules and policy of each insurance company. They also stay updated to monitor any changes made in these policies. We prepare your claims using the latest rules and regulations, which makes your practice 100% compliant.

Peace of Mind

We handle the a to z process of your practice medical billing. You just have to provide care to your patients and we will handle the rest process to get you paid. This gives your team peace of mind knowing they need to do what they do best and rest is in expert hands.

Account Receivable Management

We track the outstanding balance of your practice. Then we follow up with patients and insurance companies to give them a reminder on their unpaid balances. We keep reminding them until the payments are made. In this way we reduce the revenue loss and increase reimbursement rate.

Services We Offer

Insurance Credentialing

We prepare the complex documents and help you get credentialed with top insurance providers in Arkansas. In this way you don’t have to wait for getting credentialed to provide the services. You can start providing services instantly and increase patient satisfaction.

Insurance Verification

We take the patient details and verify them from the insurance providers. This helps us know if their insurance is valid and does it cover the cost of services they need. We also prevent payment complications with patients for later.

Medical Coding

We add accurate medical codes in your claims. These codes are added for services provided like diagnosis, procedure and treatment. Each code is selected based on the new rules of insurance companies.

Claim Submission

We prepare accurate medical claims and submit them to insurance providers. Each insurance company has a different way of receiving the claims, we follow their way. Then we follow up on each claim until it is approved.

Denial Management

We handle the denied claims of your practice. When a claim is denied from an insurance company, we carefully analyse it. Our team figures out the reason for denial, then we fix the issues. Once fixed, we resubmit the claims and if it gets rejected again we repeat the process.

Account Receivable Management

As discussed in the above section, we track the outstanding balance of your practice. Then we remind the patients and insurance companies to pay their due amounts. In this way, we increase the reimbursement rate and reduce revenue loss.

Revenue Cycle Management

We handle the complete medical billing process. From preparing claims to getting you paid and sending detailed reports of claim status. You just have to provide care to the patients and we will handle the rest process.

Why Choose Claims4Medical?

01.

Experienced Team

We have a team of certified medical billing experts. They have years of experience working with Arkansas practices. This helps your team a lot because we know the local rules and regulations and how to get your claims approved faster.

02.

Dedicated Account Manager

We assign a dedicated account manager to your practice. This person understands the workflow of your team, and handles the complete billing process. They also make sure if the progress is going as per your goals or not. In case of any question you have, they are always available to answer.

03.

Custom Services

We understand that each practice is unique with its size and goals. That is why we do a free consultation call with your practice to understand your needs. Then we design a custom service to manage your medical billing process.

04.

Billing Software

We provide your practice with our latest billing software. This software is integrated with your current system. You can use this software to manage your billing tasks like instant insurance verification, billing receipts, checking patient account balances. It is easy to use and makes the billing simple for your team.

05.

Detailed Reports

We provide detailed and easy to understand reports to your practice. These reports include the status of your claims, and billing progress. It helps you understand where your practice stands and make informed decisions for its growth.