New York Physicians Monthly Collection Enhanced by 32%
MBC by applying innovative medical billing solutions has successfully helped individual physicians, physician groups and hospitals across the State of New York – with its specialized team of billers and coders managing to enhance most of their physician’s monthly collections by 32% within the first month itself of taking up the account.
Recognizing New York Practitioner’s billing needs
Though the Medical billing requirements coincide in a certain way or another, each State’s billing needs are unique in their own way and MBC’s team endeavors to ascertain these State specific needs of all our clients. New York Physicians and especially Cardiologists find it tedious to balance patient care and admin needs mainly due to the large number of patients they need to cater to amidst time constraints.
MBC’s billing experts are aware about this crucial factor and New York practitioner’s requirement for both timely posting and follow up of claims to help maximize revenues. Additionally the health care reforms are likely to have considerable amount of impact on the New York’s Medical billing and hence physician’s revenue, for which the NY’s medical practitioners need to constantly update themselves.
Health Care Reform: will affect New Yorkers differently than other states
With the Federal health care reform there are to be changes to public and private health coverage in New York, including increased integration. Additionally advances in technology are likely to facilitate improved coverage and help streamline processes.
However with a number of prime consumer health insurance protections already in place in New York State it is likely to go through less transition than many states with respect to these reforms, never theless the number of insured will increase and MBC’s team is prepared to handle this situation for its clients and prevent them from struggling to balance these changes with patient care.
How we manage to collect more for you?
Running a medical practice in New York and maintaining an efficient medical billing department can be quite challenging. Generally denials can run up to 30% or more of a practice’s billing; however MBC works towards a much lower denial rate and higher collection rate – with the principal of getting paid only when our clients get paid.
By and large the last 20-30% charges are not paid on first submission- requiring up to 10 times more effort to resolve, most practices or billings services have limited resources to do this work. MBC due to its large set-up can routinely and consistently apply collection efforts to these claims to generate higher and more consistent collections.
Guiding New York physicians towards better medical billing practices
MBC has been helping providers with all their medical billing needs located throughout New York, in major cities such as New York City, Rochester, Buffalo, Syracuse and Albany. MBC experts constantly update themselves about the health insurance systems, managed care systems, medico-legal and ethical responsibilities, confidentiality, drugs, and prescription records along with other industry changes – with an aim to achieve higher collections.
Get more information: New York City Medical Billing, Rochester Medical Billing, Buffalo Medical Billing, Syracuse Medical Billing, and Albany Medical Billing
Keeping in mind the large number of patients their New York practitioners attend to everyday Medicalbillerandcoders.com have been working diligently and also have a dedicated department for our providers based solely in New York. Providing comprehensive medical billing and practice management services for over a decade; our professional billers know the ins and outs of medical billing practices, regularly updating themselves about the changing procedures and legislation that affect New York providers.
MBC invites all providers across New York to access our services depending on their needs – of professionals to handle the practice’s entire billing process or during a temporary staff shortage. Our well-informed billers are constantly applying new methods and trends are available to help you enhance your collections.