Physician Billing Solutions
NSMD Physician Billing Services ensure that physicians receive the payments they deserve for patient care through precise claim filing, coding, denial management, and follow-up on unpaid claims. Acting as your dedicated billing team, we help maximize income and support the growth of your medical practice.
What does physician billing involve?
Physician billing involves creating and submitting medical claims to insurance companies to secure payment for the healthcare services provided by physicians. Billers collect relevant information, generate accurate claims, verify them, and send them to payers, ensuring physicians are compensated. In essence, physician billing enhances revenue performance for healthcare practices.
How do Physician Billing Services assist?
Physician Billing Services are invaluable to doctors’ offices, taking care of all the financial paperwork so physicians can concentrate on patient care. These services ensure accurate claim submissions to insurance companies, verify coverage eligibility, manage coding, and collect owed payments. This streamlines the revenue cycle, ensuring consistent reimbursement.
How will MIPS impact physician billing?
The introduction of the Merit-based Incentive Payment System (MIPS) offers physicians a great opportunity to enhance their practices through improved Medicare reimbursements. By excelling in quality, cost, and other key measures, physicians can qualify for positive payment adjustments from Medicare. Partnering with a physician billing company like NSMD simplifies the process of optimizing MIPS performance. Their experts are well-versed in the program and can help your practice maximize its potential.
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Your Trusted Physician Billing Partner
The physician billing landscape is filled with intricate rules and regulations, where even a small error can lead to lost payments or penalties. NSMD Physician Billing Services remove the hassle of managing these complexities.
Our medical billers leverage advanced software to verify charges, optimize codes, prevent rejections, and pursue unpaid invoices. We stay up-to-date with constantly changing regulations, ensuring physicians are fully reimbursed at contracted rates—without the need for appeals or delays. With our support, you can increase revenue, reduce denials, and focus on practicing medicine rather than managing administration.
Billing Specialists for Physician Claim Submission & Reimbursement
Are your payments delayed and claims being rejected? NSMD’s customized physician billing solutions manage the entire claim filing and reimbursement process from start to finish – smoothly, without hassle, and with over 99% accuracy.
From eligibility verification and coding to electronic submission and reimbursement, we have the expertise to convert claims into steady cash flow. Track your payments in real-time through our online portal. Say goodbye to claim denials and delays with our expert support by your side.
Achieve Financial Stability with Our RCM Services
As a physician, every dollar earned is rightfully yours. However, an inefficient revenue cycle can drain your finances. Take charge of your revenue cycle with NSMD Physician Billing and RCM Services.
Our all-inclusive solution combines revenue cycle expertise with advanced technology to speed up payments, minimize pre-claim errors, and enhance revenue capture. With real-time analytics, we identify opportunities to optimize your financial health. As the saying goes, time is money – regain both with our team as your reliable revenue cycle partner.
Enhance Your MIPS Score by Over 75 Points with NSMD Physician Billing Solutions
Medicare’s MIPS program continues to reward high-quality care in 2024.
For this year, the performance threshold remains at 75 points. Scores below this result in negative adjustments, while scores above lead to positive adjustments from Medicare.
Fall short, and you could lose up to 9% of reimbursements.
Reach the target, and you stand to gain up to 9%.
It’s a significant impact.
Let the NSMD Physician Billing Team handle your MIPS performance.
We are experts in the program and will guide you to exceed the 75% threshold in quality reporting. Our technology seamlessly integrates EHR and billing, ensuring smooth workflows and preventing denials. Our dedicated team works relentlessly to optimize your scores.
Discover More Features
NSMD Physician Billing Services has the expertise to boost profits for doctors of all kinds—from solo practitioners to large dermatology clinics. Think of us as your personal CFO, working alongside you to strategize and optimize, with you in control. Your finances will thank you!
Our insurance verification feature examines coverage details in advance, ensuring you can deliver care with confidence, knowing reimbursement will be secured.
Inefficient billing operations can drain profits. Seal the gaps with our Charge Entry feature, designed to accurately capture all services, diagnoses, and codes, ensuring you receive every dollar for the care you provide.
Our AR team is committed to ensuring every cent is in your hands. We relentlessly track down unpaid claims, addressing denials and underpayments to secure the full reimbursement you deserve.
The Intelligent Payment Reconciliation feature quickly records payments from insurance companies, patients, and other sources, ensuring payments are linked to the correct claims and balances are automatically updated.
Our billing team manages every aspect of patient accounts, including invoicing, payment collection, payment plan setup, and resolution of outstanding balances.
Our analytics deliver clear visibility into billing performance, identifying patterns and growth opportunities that help physicians make smarter, revenue-boosting decisions.
Streamline Your Practice and Maximize Revenue with Expert Billing Services.
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