Maine Medical Billing Services
We Make Medical Billing Easy for Maine Practices
Let us handle your medical billing and we will increase your revenue, reduce denial rate and improve claim approval rate.
Maine’s Practice’s Billing Challenges
Medical practices in Maine are facing multiple billing relevant challenges. Here are some of them:
Payment Delays
When the practices submit medical claims, it gets rejected from insurance companies. The reasons are mostly minor mistakes like inaccurate code, missing a single document or compliance issue. Also the practice does not have enough team resources to follow up on each claim. As a result they face regular payment delays.
Complex Rules
Each insurance company in Maine has its own rules for medical billing. They frequently make changes in their rules and regulations. Practices doesn’t mostly are not that active to get the updates. As a result they submit claims which have inaccuracy in them, and face high denial rates.
Billing Mistakes
When there are a high number of claims to process, the administrative team gets overwhelmed. Because they do not have enough resources and time to manage both. So when they submit claims which have multiple billing mistakes. They lose revenue due to these mistakes. Claims4Medical medical billing services in Maine are designed to fix these issues for you. We handle all these complexities so you can focus on just providing care to your patients.
Our Achievements
33%
Revenue Increased
40%
Reduction in Claim Denials
99%
First-Pass Claim Approval Rate
25%
Faster Payments
Why Work With Claims4Medical?
Insurance Credentialing
We prepare the complex paperwork and help you get credentialed with top insurance providers in Maine. It is a struggle to get credentialed for practices when a patient with a new insurance company comes in. That is why we handle this process for you, so you can start providing services instantly.
Experienced Team
We have a team of great medical billing experts, with years of experience working with Maine practices. In our team we have certified billers, coders, calling experts etc. They make sure your practice gets the claims approval and payments faster.
Dedicated Account Manager
We assign a dedicated account manager to your medical practice. They understand your workflow, challenges and goals. All the medical billing processes are managed by this person. They make sure your billing is going on track aligned with your goals. When you have any question relevant to billing they are always available.
Billing Software
We have designed a simple to use medical billing software. Our team integrates this software with your existing system. In this software you can manage all the billing relevant stuff like insurance verification, printing receipts, tracking patient balances etc.
Budget Friendly
We work with your practice remotely. In this way, we save more than 90% of the cost which you would spend if you had hired an in-house team. With us you don’t have to pay high salaries, insurance and other benefits. We charge less than 3% on your monthly collections.
Custom Designed Services
We understand that each medical practice has unique challenges and goals. That is why We don’t provide one in all solutions to everyone. Instead we design custom services for each practice based on their needs.
We initially do a free consultation session with your practice, to understand your challenges. Then we design the solution to handle everything but focus on the area which you are struggling with the most.
For example if your practice is facing frequent claim denials due to coding mistakes. We assign our medical codes to carefully review each document and make sure they are accurate before submission.
Our Process
Here is our step by step process which we follow to manage your medical billing.
Initial Consultation
We do a free consultation call with your practice. In this call we get the information to design custom services for your practice.
System Integration
We integrate our services in your existing system. This helps us get the data to manage the rest process.
Patient Details Verification
We take patient details and verify them from their insurance providers. It helps us know ahead if their insurance covers the cost of services they need.
Medical Coding
We take the document of services provided to patients. Then we add medical codes in it according to the rules of insurance companies.
Claim Submission
We prepare accurate medical claims and submit them to insurance companies. Then we follow up on each claim to reduce delays and improve speed of payments.
Denial Management
If claims are denied, we review the claims and understand why. Once figured out, we fix the issues and resubmit the claims quickly. Our team constantly follows up on those claims to get fast approval.
Account Receivable Management
We check the outstanding balance of your practice. Our team follows up with patients and insurance companies to remind them of their unpaid bills. We keep reminding them until payments are made.
Detailed Reports
We send detailed and easy to understand reports to your practice. These reports share the status of your claims and billing progress. In this way you are aware of your practice revenue real time.
Results You Can Expect
When you take our medical billing services in Maine, these are the results you will get.
Faster Payments
We reduce the billing mistakes by carefully reviewing each claim before submission. Then we constantly follow up on each claim with insurance companies. This reduces the delays in the process and you get payments faster.
Reduction In Claim Denial Rate
We analyse each denied claim and find pattrents. Then we optimize the process to prevent similar issues from happening again. We also stay in touch with insurance companies for each claim. This reduces the denial rate drastically.
Increased Revenue
We follow on unpaid bills with insurance companies and patients. In this way, we don’t let any of your claim get delayed, and you get payments for the services provided. As a result your practice revenue increases within a few months after working with us.
Compliance
We understand the rules and regulations of each company. We prepare your claims with accurate and updated information. This increases the compliance rate of your medical practice claims.
Peace of Mind
We manage the complete process of billing so your team can focus on providing care. We make sure you get paid fast after services are done. This gives your team peace of mind, knowing everything is in expert hands.
Contact Us Today!
Success Stories
Frequently Asked Questions
Do You Work with Government Insurance Claims?
Yes, we work with both government and private insurance claims.
Do You Work with Small Clinics?
Yes, we work with healthcare clinics of all sizes.
Do You Work with Pediatric Speciality?
Yes, we work with all specialties. You can check the list of specialities we have worked with from the website top speciality tab.
How Soon Can We Expect Results?
Your practice should start seeing results, within two to three months after working with us.
How Much Does Your Medical Billing Services in Maine Cost?
Our pricing depends on the size and needs of your practice. You can reach out to us to get a custom price quote.
