PUT MORE OF YOUR CHARGES INTO YOUR BANK ACCOUNT
Coastal Medical Billing
Coastal Medical Billing has partnered with RenewalMSO to offer very attractive rates for medical billing and accounts receivable management. Even if you already outsource these functions, the rates available through RenewalMSO might still save you money. As a physician, you want to spend your time doing what you have been trained to do – provide quality care to your patients. Coastal Medical Billing also has a specialty – they are experts in the field of collecting funds that are due to medical providers like you.
About Coastal Medical Billing
Since 2006, Coastal Medical Billing has been a valuable resource to medical providers of various specialties across the United States. They value their clients and pride themselves on providing results while establishing long-term relationships. Although they specialize in collecting funds due to medical providers, the broad range of medical resources they make available to their clients adds significant value. Their services include:
- Daily Charge Entry
- Use of Appointment Scheduler
- Electronic Claims Submission
- Mailing Patient Statements
- Document Management System
- Patient Billing Questions
- Posting of Payments
- Handling of Appeals
- Claim Denial Management
- Fee Schedule Reviews
- Assistance with Coding of Claims
- Coordination of Physician Credentialing
- Management Reports
Medical Billing
Coastal Medical Billing is well-equipped to handle the frequent and confusing changes that occur in today’s uncertain healthcare climate. Because their goal is to collect funds that are due healthcare providers, it is their responsibility to keep up with the complexities and requirements of CMS and other payers. They pride themselves on their ability to follow up on the unpaid or rejected claims and to work with the payers to get rapid resolution of denied claims.
Accounts Receivable Management
Accounts receivable management is one of the most challenging and important aspects of running any business. It is even more of a challenge for healthcare providers who are often at the mercy of third-party payers for payment. Many medical providers adhere to a less-than-disciplined approach for collecting funds. This causes an unsteady and inconsistent cash flow. Coastal Medical Billing is dedicated to getting their clients reimbursed as quickly as possible. They have made the necessary investments in hardware, software, and personnel to ensure that your cash flow will be consistent and reliable. Their clients have an average A/R of less than 30 days.
What You Can Expect
- Reduced costs associated with fee collection
- Elimination of the costs and responsibilities involved with staffing an in-house billing office
- Elimination of the need for office space for billing services
- Improved claim turnaround time and elimination of revenue leakage
- Elimination of the need to invest in billing hardware and software
- Improved ability to focus on what you do best – providing patient care
GET YOUR RENEWALMSO PROFIT IMPROVEMENT ANALYSIS
Just complete the form with as much information as possible, and we’ll provide you with a high-level analysis of the financial impact RenewalMSO can have on your practice. NOTE: Only a few of our benefits are included in this analysis.