Home Health Billing Service
Maximizing Revenue for Your Home Health Agency with Error-free Claim Submission
Welcome to MedEx MBS, where our home health billing company goal is to provide all the services you need to support the revenue growth of your agency. Our experienced team is dedicated to helping your home health agency succeed. We understand the unique challenges faced by healthcare providers and provide a comprehensive suite of billing and revenue cycle managment services.
Unique Challenges Encountered by Home Health Agencies
Billing and reimbursement in the home health sector present unique challenges. Seasoned experts are required to provide the necessary understanding of insurance coverage, coding precision, and efficient financial management strategies. Proactive accounts receivable management, expertise in denial management, and efficient resolution of credit balances are all critical.
Successful Home Health Billing Requires Many Different Skills, Including
- Skillfully navigating insurance coverage to verify patient eligibility and obtain approvals in advance.
- Making sure all patient information is recorded accurately and claims are submitted without errors.
- Excelling in coding and knowing how to obtain the highest allowable reimbursements.
- Quickly managing billing and submitting claims, both at the end of a patient’s encounter and following up on unpaid bills.
- Actively handling accounts receivable by dealing with payers, researching unpaid claims, and fixing mistakes in claims.
- Efficiently solving credit balance issues by analyzing the records, identifying overpayments, and sending refund letters
- Providing personalized reports for clear insights into the status of all financial processes.
- Carefully reviewing and correctly recording payments, both electronic and manual, and accurately denoting payments from payers and patients, as well as tracking denials.
How MedEx MBS Ensures Financial Stability for Your Practice
Patient Coverage and Authorization
Identifying insurance coverage can be tricky when submitting a claim. MedEx MBS has a team that specializes in determining patient eligibility and obtaining prior authorizations, saving your staff precious time and minimizing the chance of error.
