Podiatry Billing Services
The financial strength of your Podiatry practice is directly correlated to timely billing and account reimbursement. We have years of experience providing Podiatry 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 podiatry billing company has the experience necessary to handle the complexities presented by Podiatry 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 Podiatry billing services.
5 Star Billing Services has significant experience working with podiatry practices. Our billing service helps podiatrists increase collections, decrease claims denials, and maintain healthier accounts receivable. This is important seeing as podiatrists are facing ever increasing costs and cannot afford to leave money on the table.In order to perform billing and coding tasks for podiatry practices and to receive maximum reimbursement for services provided, it is important to understand the complex rules and guidelines that insurance companies use to judge podiatry claims. Many billing services claim to have this industry insight, but often fall short. For example, medical billing companies that do not specialize in podiatry billing may not have the ability to properly track and pursue underpayments – and this could cost a podiatrist approximately 10 percent of their income. In order to avoid billing and coding-related pitfalls such as this one, podiatrists should work with podiatry billing services employing qualified, certified billers. To learn more about 5 Star Billing Services and out experience working with podiatry practices, contact us at 480-821-1371.
- 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 Podiatry Billing, Collections & Practice Management
- 5 Star offers comprehensive Podiatry 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 podiatrists
- 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
Podiatry 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 electronicallyCertified 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
- Payer relations
- Patient relations
- Client reporting
- Fee analysis
- Managed-care contracts
Speak with a Podiatry Billing Specialist today!
Our billing service helps podiatrists increase collections, decrease claims denials, and maintain healthier accounts receivable.
Your Podiatry Billing Company
A Podiatry billing company should increase your reimbursements. In fact, a podiatry billing service should be more efficient and effective at billing than your own office. A Podiatry billing company should let you and your personnel focus on practicing medicine. They should also make your practice more profitable than if you did billing in-house.
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 podiatry 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.
The team at 5 Star Billing has been providing the Podiatry community with computerized Podiatry software solutions since 1983. We are proud to be an Arizona Corporation that services our products from within the United States. We are also proud to provide Server-Based and Web- Based Podiatry Software. We have the experience and knowledge to bring Podiatry Practices into the efficient and profitable future of the Paperless Podiatry Office. Call us today at 480-782-1116 to update your practice.
A Podiatry 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.
Podiatry Coding Tips to Improve Your Bottom Line
People who have been dealing with medical coding for a long time know the frustrations of its complexity. Here are several tips that can help you avoid podiatry coding mistakes.
Best Practices and Tips for Podiatry Billing
Here are the best practices and tips for Podiatry billing straight from our medical billing and coding experts:
5 Tips For Choosing a Podiatry Billing Service
For the most part, medical billing companies are designed to offer a generalized service to all types of medical practices. Not distinguishing between the various different medical fields, these companies offer a broad “one size fits all” kind of approach when it comes to the billing services they provide. This approach, though beneficial to them,…