A medical billing company should increase your reimbursements. In fact, a medical billing service should be more efficient and effective at medical billing then your own office. A medical billing company should let you and your personnel focus on practicing medicine. Whether you have private or faculty practice or you are a primary care physician or a specialty practice; like surgery, cardiology, dermatology, or orthopedics your medical billing service can make your practice more profitable.
According to industry experts a claims adjustment rate of between 20% and 35% is considered good and acceptable. At Preferred Health Resources our account executives have an average of eight years in medical billing. Their knowledge, ability, and dedicated follow-up is why at Preferred Health Resources our adjustment rate is consistently lower, as low as 12% with Medicare. At PHR we achieve A/R rates for our practices that are higher than the industry average. Simply put, you and your practice will get a higher average return per processed claim.
Preferred Health Resources is more then a claims processing center because we offer multiple Benefits and Services. Our state-of-the-art billing system daily generates your claims, which are accurately coded and electronically submitted. Once your superbills are processed, payment can be received in as little as ten days, not three months.
A medical billing company should help reduce your expenses
Our clients reduce their back office expenses by using our Practice Management Software package. All you need is a PC and access to the Internet. Our Practice Management Software is all-inclusive, even our Palm/PDA billing application is part of our standard service. There are no costly software updates or support fees. There are no hidden costs or additional charges.
Preferred Health Resources is unique in the field of medical billing. We offer a complete business solution to your medical billing and practice management needs, and we do it all for one fee. All the Services and Benefits you receive are included, even your overnight mail for shipping your demographics.
Finally, according to the Dermatology Times, the average medical billing fee is 8.5% nationwide. Our fee is below the national average. Our goal is simply to provide the highest return on your claims, without sacrificing service or patient support, at a competitive price.
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