Chiropractic Billing Services
In todays Chiropractic practice doctor are leaning more and more towards outsourcing the billing. We have years of experience providing Chiropractic billing services. Hiring a quality billing service is one of the most important decisions you'll ever make regarding the business aspect of your practice. It is crucial that your chiropractic billing company has the experience necessary to handle the complexities presented by Chiropractic billing and modifiers. Why not allow 5 Star to give you the financial peace of mind you deserve. Please visit our homepage to obtain additional information regarding our services, references and other pertinent details regarding our Chiropractic billing services.
- Improved collections and Income
- Accelerated payments and reduced stress
- 24/7 accessibility to your patient data and financial information
- Know where your money is -Transparency throughout the revenue cycle
- Full financial and practice management reporting
- The Security and comfort of knowing billing is being handled by professionals & reimbursements and income will go up.
Comprehensive Chiropractic Billing, Collections & Practice Management
- 5 Star offers comprehensive Chiropractic billing services and collections.
- Initial evaluation of your practice and AR is included before we move forward.
- We make it easy to get started and we are serious about getting you paid!
- Our Certified Professional Coders will get you maximum reimbursement.
- Computer system and software designed specifically for chiropractors
- Patient input, statements and follow up is included in our service
- Full Electronic claims and AR management is also included
We are large enough to handle multi physician/multi-location practices yet small enough to give the personal 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 patients data
View your patient balances and transaction history
Detailed reports and the end of the month
Patient Statements go out minimum of once a month
Why Work With Us?
According to a 2009 report from the Office of the Inspect General, more than 83 percent of chiropractic claims failed to meet at least one Medicare documentation requirement. Of all reviewed claims, 43 percent were missing treatment goals, 24 percent lacked a treatment plan, 17 percent did not include objective measures, and 15 percent failed to include the recommended level of care. Additionally, coding and billing errors, such as the misuse of the acute treatment (AT) modifier to identify services, often led to denied and mis-adjudicated claims.
In order to avoid claims denials and receive maximum reimbursement, it is important for chiropractors to submit accurately coded claims. This can be easily accomplished by working with a chiropractic medical billing company, such as 5 Star Billing Services.
At 5 Star, our billers and coders will work side by side with your practice to identify problem areas. We will determine the best course of action to correct those problems and will educate your staff on the most efficient chiropractic billing procedures. By allowing our certified billers to manage all of your chiropractic billing needs, you can ensure higher revenue and reimbursements.
- Payer relations
- Patient relations
- Client reporting
- Fee analysis
- Managed-care contracts
Your Chiropractic Billing Company
A Chiropractic billing company should increase your reimbursements. In fact, a chiropractic billing service should be more efficient and effective at chiropractic billing than your own office. A Chiropractic billing company should let you and your personnel focus on practicing medicine. Whether you have private practice or multi-specialty clinic, our chiropractic billing service can make your healthcare organization more profitable.
According to industry experts a claims adjustment rate of between 20% and 35% is considered good and acceptable. At 5 Star our account executives have an average of eight years in chiropractic billing. Their knowledge, ability, and dedicated follow-up is why at 5 Star our adjustment rate is consistently lower, as low as 12% with Medicare. At 5 Star 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.
5 Star Billing Services is more than 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 Chiropractic Billing Company Should Help Reduce Your Expenses
Our clients reduce their office expenses by using our services and software. All you need is a PC and access to the Internet. Our practice management software is all-inclusive, even over the internet and 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.
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.Billing Services, we use advanced, web-based medical billing software that can easily connect to your organization’s own data. We can also work with your own billing or practice management software, as our billing specialists have worked with most major billing systems, including Medisoft, Practice Admin, Lytec, Eclipse, AdvantX, and others.