Chiropractic Billing Services
In the modern chiropractic field, practitioners are progressively opting for outsourced billing services to enhance their practice's efficiency and financial health. With extensive experience in chiropractic billing, we recognize the critical importance of selecting a top-tier billing service to manage the business aspects of your practice. It's crucial for your chiropractic billing company to be proficient in navigating the complexities of chiropractic billing and modifiers. Allow 5 Star Billing Services to deliver the financial peace of mind you need. For more details on our services, client testimonials, and further information about our chiropractic billing solutions, please visit our homepage.
Benefits
- Enhanced collections and income
- Accelerated payments and reduced stress
- Round-the-clock access to patient data and financial information
- Transparency throughout the revenue cycle for better financial tracking
- Comprehensive financial and practice management reporting
- The security and comfort of knowing billing is handled by professionals, ensuring increased reimbursements and income
Comprehensive Chiropractic Billing, Collections & Practice Management
- 5 Star offers comprehensive chiropractic billing services and collections.
- An initial evaluation of your practice and accounts receivable is included before we move forward.
- We make it easy to get started and are committed to getting you paid.
- Our Certified Professional Coders ensure you receive maximum reimbursement.
- We use computer systems and software designed specifically for chiropractors.
- Patient input, statements, and follow-up are included in our service.
- Full electronic claims and accounts receivable management are also included.
We are large enough to handle multi-physician and multi-location practices, yet small enough to provide the personalized attention your account deserves.
Area of Expertise
Chiropractic Billing and Collections
Aggressive collecting methods with insurance companies
Maximum reimbursement for your services
Excellent customer service for you and your patients
Efficient exchange of information between you & 5 Star
Claims are submitted electronically
Certified Professional Codes on staff
Remote Access to all your patient data
View your patient balances and transaction history
Detailed reports at the end of the month
Patient Statements go out at least once a month
Why Work With Us?
A 2009 report from the Office of the Inspector General revealed that over 83 percent of chiropractic claims failed to meet at least one Medicare documentation requirement. Common issues include missing treatment goals, treatment plans, objective measures, and recommended level of care. Additionally, coding and billing errors, such as the misuse of the acute treatment (AT) modifier, often lead to denied and mis-adjudicated claims.
To avoid claims denials and ensure maximum reimbursement, chiropractors must submit accurately coded claims. By partnering with a chiropractic medical billing company like 5 Star Billing Services, you can achieve this with ease.
Our billers and coders work closely with your practice to identify and correct problem areas, and educate your staff on efficient chiropractic billing procedures. By entrusting your billing needs to our certified billers, you can secure higher revenue and reimbursements.
Receivables Management
Our comprehensive receivables management services encompass all aspects of the billing cycle, ensuring your practice maintains a healthy cash flow. Our offerings include:
- Accurate Coding
- Efficient Billing
- Strong Payer Relations
- Effective Patient Relations
- Thorough Collections
- Detailed Client Reporting
- Comprehensive Fee Analysis
- Management of Managed-Care Contracts
Your Family Practice Billing Partner
Choosing the right billing partner is crucial for enhancing your reimbursements. Our family practice billing service is designed to be more efficient and effective than in-house billing, allowing you and your staff to dedicate more time to patient care. Whether you operate a private practice or a multi-specialty clinic, our services can significantly improve your practice's profitability.
While industry standards suggest a claims adjustment rate of 20% to 35% as acceptable, our account executives at 5 Star Billing Services, each with an average of eight years of experience in family practice billing, achieve much lower adjustment rates, sometimes as low as 12% with Medicare. This expertise results in higher accounts receivable rates, providing a greater return per processed claim for your practice.
At 5 Star Billing Services, we offer more than just claims processing. Our extensive suite of services, provided at a single, transparent fee, includes everything from medical billing to overnight mail for shipping your demographics, with no hidden costs or extra charges.
Our goal is to maximize the return on your claims while offering competitive pricing and maintaining top-notch service and patient support. To learn more about how we can help your practice thrive, contact us today!