Simplifying Revenue Cycle Processes
Your all in one partner for streamlined REVENUE CYCLE MANAGEMENT
Maximize efficiency, reduce costs, and enhance profitability with our comprehensive Revenue Cycle Management solutions.
OUR SERVICES
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Coding and Chart ReviewEnsure compliant, accurate coding and chart reviews to reduce errors and maximize insurance reimbursement rates. -
Claim SubmissionEfficient claim submissions keep cash flow steady, ensuring payments reach your practice as quickly as possible. -
Revenue Cycle ManagementManage billing from start to finish, enhancing revenue flow and creating a smoother experience for patients and staff. -
Denial Management and AppealsAddress claim denials proactively to recover lost revenue and minimize disruptions to your financial cycle. -
Customized Reporting and AnalyticsAccess customized reports for clear insights into your practice’s performance and identify opportunities to improve financial health.
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Compliance Monitoring and AuditsConduct regular audits to ensure full regulatory compliance, helping avoid penalties and safeguarding your practice’s reputation. -
HIPAA Compliance and Data securityMaintain strict data security standards, ensuring all patient information remains protected and fully HIPAA-compliant. -
Insurance VerificationVerify patient coverage in advance to prevent billing complications and enhance patient satisfaction with a smooth process. -
Prior AuthorizationObtain pre-approvals efficiently to prevent delays in claims, ensuring treatments and procedures proceed without administrative issues. -
Credentialing and Provider EnrollmentAssist providers with credentialing and insurance enrollment to expand network participation and accessibility. -
Clearinghouse Report ReviewAnalyze clearinghouse reports to identify and resolve claim errors early, ensuring smoother processing and faster reimbursements.
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Virtual Medical AssistanceProvide remote administrative support to healthcare teams, increasing practice efficiency and improving patient interactions. -
Remote IT SupportResolve IT issues quickly and remotely, maintaining system stability and enhancing productivity across the practice. -
Patient CollectionsManage patient collections effectively to improve recovery rates while maintaining positive relationships with patients. -
RCM ConsultationOffer expert advice on optimizing your revenue cycle, helping identify areas for improvement to boost practice revenue.
Why Choose Us?
Choosing K Medical billing means partnering with a team that prioritizes your success. Our comprehensive and customized medical billing solutions are designed to maximize revenue and reduce administrative burden, so you can dedicate more time to patient care. Experience seamless billing, stringent compliance, and dedicated support—all aimed at helping your practice thrive.
Our Achievements in Numbers
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MGMA Benchmark Standards
MGMA benchmarks, provided by the Medical Group Management Association, are data sets that help healthcare organizations compare their performance to industry standards and other practices.
At K Medical Billing, we leverage MGMA benchmarks to analyze Accounts Receivable (A/R) Days, offering accurate insights into your practice’s financial health. By comparing your A/R Days to industry standards, we identify trends and areas for improvement, allowing us to address inefficiencies in your billing processes. Regularly monitoring these benchmarks helps keep your practice competitive and financially strong.
Get a free billing audit of the past 12 months medical, billing audit of the past 12 months
Testimonials
Cintia Le Corre
K Med Billing has truly transformed our billing process. Their dedicated team’s attention to detail and prompt resolution of issues have significantly reduced our errors and improved our efficiency.
Donald Simpson
The personalized service at K Med Billing is unmatched. The assigned team understands our unique needs and communicates effectively, making the billing process smooth and stress-free
Davis
We’ve seen a marked improvement in our billing accuracy and overall efficiency since partnering with K Med Billing. Their proactive support and dedicated team have been instrumental in our success
Laura Martinez
The level of personalized service from K Med Billing is exceptional. Their deep understanding of our specific requirements and quick issue resolution have made a real difference in our operations.”
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Daily Work flow Chart
01
Coding and Chart Review
The process begins the same day encounters are
received, with coding, review and scrubbing all completed within 2 business days.
02
Insurance Verification
Claims are ONLY sent after insurance verification, with additional info requested from the provider if needed.
03
Claim Submission
Claims are batched and submitted to the clearinghouse within in 2-3 business days from the day the encounters are received.
04
Clearinghouse Verification
Within 24 hours of batch submission, we thoroughly
verify all claim batches to confirm successful submission.
05
Follow Up
We monitor all claims weekly via payer portals and contact insurance
companies for updates when necessary, documenting each conversation in detail.
06
Insurance Denial/Appeal
Denials and appeals are promptly reviewed and addressed upon identification. Claims are swiftly corrected and resubmitted within 24 – 48 hours.
07
Payment Confirmation
We track expected payments and adhere to the payment timeline specified in the client’s insurance contracts.
08
Payment Posting
All form of payments from payers or patients are posted within 24 hours of receipt.
09
Patient Collections
Statements are sent every 30, 60, and 90 days, followed by confirmation calls. We handle all patient inquiries via calls and emails regarding their bills on a daily basis.