Physical Therapy Billing Services
At 5 Star Billing Services, we specialize in providing professional medical billing services tailored specifically for physical therapy practices. Our goal is to streamline your billing process, enhance your revenue cycle management, and allow you to focus on delivering exceptional care to your patients.
Benefits
- Improved Collections and Income: Our efficient billing practices ensure that you receive timely payments, improving your overall cash flow.
- Accelerated Payments and Reduced Stress: We handle all aspects of the billing process, reducing the administrative burden on your staff and ensuring faster reimbursements.
- 24/7 Accessibility to Your Patient Data and Financial Information: Our advanced software allows you to access your data anytime, providing transparency and control over your finances.
- Comprehensive Financial and Practice Management Reporting: Gain valuable insights into your practice’s financial health with detailed reports.
- Professional Billing Management: Our team of experts ensures accurate billing and maximizes your reimbursements.
Physical Therapy Billing, Collections & Practice Management
We offer a comprehensive suite of services designed to meet the unique needs of physical therapy practices. Our services include:
- Initial evaluation of your practice and accounts receivable to identify opportunities for improvement.
- Complete billing and collections management, ensuring you get paid for the services you provide.
- Certified Professional Coders who are experts in physical therapy billing, helping you achieve maximum reimbursement.
- Patient input, statements, and follow-up services to maintain clear communication and accountability.
- Full electronic claims submission and accounts receivable management.
Our scalable services are designed to support practices of all sizes, from single-physician offices to multi-location practices, while providing the personalized attention each account deserves.
Areas of Expertise
Effective billing for physical therapy services requires a deep understanding of the specialty. Our team is well-versed in the nuances of physical therapy billing, including:
- Aggressive collection methods with insurance companies to ensure you receive the maximum reimbursement.
- Excellent customer service for both you and your patients.
- Efficient exchange of information between your practice and our billing team.
- Accurate and timely coding to prevent denials and ensure proper payment.
Claims are Submitted Electronically
We leverage state-of-the-art technology to submit claims electronically, ensuring faster processing and payment. Our system supports daily claims submission, which minimizes delays and improves cash flow.
Receivables Management
- Coding
- Billing
- Payer relations
- Patient relations
- Collections
- Client reporting
- Fee analysis
- Managed-care contracts
Our comprehensive receivables management services ensure that every aspect of your billing process is handled efficiently and effectively, from coding to collections.
Your Physical Therapy Billing Company
Choosing the right billing company is crucial for the financial health of your practice. At 5 Star Billing Services, we aim to increase your reimbursements and streamline your billing process. Our experienced account executives have an average of eight years in therapy billing, ensuring your practice achieves higher AR rates and lower adjustment rates compared to industry averages.
Our state-of-the-art billing system generates accurately coded claims daily and submits them electronically, allowing for faster payment. By outsourcing your billing to us, you can reduce office expenses, avoid costly software updates, and eliminate hidden charges.
At 5 Star Billing Services, we offer a complete business solution to your medical billing and practice management needs, all for a competitive fee. Contact us today to learn how we can enhance your billing process and improve your practice’s profitability.