480-999-0180

Oncology Billing Services

oncology billing companyThe financial stability of your oncology practice is closely tied to efficient billing and prompt account reimbursement. With our extensive experience in oncology billing services, we understand the importance of choosing a reputable billing service for the financial health of your practice. It's essential that your oncology billing provider possesses the expertise required to navigate the complexities of oncology billing and modifiers. Allow 5 Star to provide you with the financial assurance you need. For more information about our services, client testimonials, and other relevant details about our oncology billing services, please visit our homepage.

Does your billing staff know that Medicare will only pay for chemotherapy administration if the patient was given a cancer diagnosis? Not knowing a critical piece of information like this can cause insurance carriers and other payers not to reimburse your practice for the services you provide. This can lead to a decrease in revenue and can greatly affect your organization’s accounts receivables.

Because oncology billing is complex and requires extensive specialty-specific coding and billing knowledge, working with an experienced oncology medical billing company can make a big difference when it comes to getting paid. At 5 Star Billing Services, our billers understand the specifics regarding multiple chemotherapy administrations, therapeutic infusions, injection reporting, code bundling, and more. We have experience with coding changes and ever-changing compliance rules, as well as with common billing errors that often lead to denied and mis-adjudicated claims.

Our Services

At 5 Star Billing Services, we offer a complete suite of billing, collections, and practice management services tailored for oncology providers. We start with a thorough evaluation of your practice and accounts receivable to ensure a smooth initiation process. Our goal is to make getting started as straightforward as possible because we are dedicated to ensuring you get paid. Our expert billing professionals provide the following services:

  • Comprehensive management of account receivables
  • Efficient 12-hour claims processing
  • Verification of system-based eligibility
  • Regular updates on coding every quarter
  • Systematic claims scrubbing based on set criteria
  • Management of all billing-related inquiries
  • Frequent quality assurance assessments
  • Weekly meetings to review progress and discuss reports
  • Customized reports provided monthly

Why Choose Us?

5 Star Billing Services collaborates closely with your practice to pinpoint areas for enhancement and to educate your staff on optimal oncology billing practices and procedures. Our certified coders, with years of experience in oncology practices, possess the expertise required for efficient coding and billing processes, ensuring timely payments and reimbursements. Our extensive experience in the oncology sector enables our billing and coding professionals to cater to a diverse range of oncology providers, clinics, diagnostic centers, hospitals, and multi-specialty groups. We offer flexible solutions, from meeting temporary staffing needs to managing your entire billing process throughout the year.

Our oncology billing services are US-based and adhere strictly to HIPAA standards and regulations, ensuring the security of your patients' protected health information.

For more information about how 5 Star Billing Services can assist your practice, please contact us at 480-999-0180 to speak with one of our representatives.

Advantages

5 Star Billing Services is equipped to handle practices of all sizes, from multi-physician to multi-location, while still providing the personalized attention your account needs. Our services offer:

  • Improved collection rates and increased income
  • Quicker payments and reduced stress
  • Constant access to your patient data and financial information
  • Complete transparency throughout the revenue cycle
  • Detailed financial and practice management reports

Expertise

Our billing and coding team is highly trained and stays current with the latest updates in oncology codes and payer requirements, ensuring accurate and timely claim submissions. We are well-versed in the claims denial process and can swiftly appeal denied claims to expedite reimbursement.

Our team is proficient in:

  • Complex oncology billing codes and regulations
  • Oncology-specific terminology
  • Interpreting office and operative notes
  • Coding for surgical procedures
  • Understanding code variations due to multiple procedure rules

Receivables Management

  • Coding
  • Billing
  • Relations with payers
  • Relations with patients
  • Collections
  • Client reporting
  • Fee analysis
  • Managed-care contract negotiations

Your Oncology Billing Partner

An oncology billing company should not only increase your reimbursements but also be more efficient and effective at billing than your in-house team. It should allow you and your staff to focus on patient care while enhancing the profitability of your practice. Our account executives, with an average of eight years in oncology billing, consistently achieve lower adjustment rates—sometimes as low as 12% with Medicare—and higher AR rates than the industry average, resulting in a greater average return per processed claim.

5 Star Billing Services is more than just a claims processing center; we provide a comprehensive array of benefits and services. Our advanced billing system generates accurately-coded claims daily and submits them electronically, ensuring that payments can be received in as little as ten days.

Reducing Your Expenses

Our clients experience a reduction in office expenses through our services and software. All that's required is a PC with internet access. Our all-inclusive practice management software is part of our standard service, with no additional costs for updates or support.

5 Star Billing Services stands out in the field of oncology billing by offering a complete business solution for your medical billing and practice management needs, all for one fee. This includes all services, benefits, and even the overnight shipping of your demographics.

Our fees are competitive, below the national average, with the aim of providing the highest return on your claims without compromising on service or patient support.

Our Medical Billing Software

At 5 Star Billing Services, we utilize advanced, web-based medical billing software that seamlessly integrates with your organization's data. We can also work with your existing billing or practice management software, as our specialists are experienced with most major systems, including Medisoft, Practice Admin, Lytec, Eclipse, AdvantX, and more.

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