Billing & Coding
Optimizing Healthcare Revenue
This is where the expertise of Docmatics Billing Solutions comes in. As a leading revenue cycle management company, we specialize in offering comprehensive, compliant and accurate outsourced medical billing and coding services to healthcare providers across the US.
Our team of certified coders and billing specialists manage your entire billing and coding cycle – catching errors early, minimizing claim denials, accelerating cycle times and maximizing collections. This has helped many clients improve cash flows, reduce operational costs and increase overall efficiency.
Why Outsource Medical Billing & Coding to Docmatics?
Lost revenues due to unpaid/denied claims, underpricing errors, missed charges or poor follow up can impact healthcare organizations hugely. According to recent statistics, nearly 30% of medical claims comprise errors leading to $300 billion in lost revenues every year.
By outsourcing to Docmatics Billing Solutions, we apply proven protocols and quality control checks across the entire revenue cycle using advanced technologies and automation. This leads to significant improvements such as:
Reduced Claim Denials
Our experienced team knows how to catch and fix charge entry defects, data inaccuracies, improper coding and other issues that commonly trigger denials. We see denial rates decline rapidly within a few months for most clients.
Better Tracking & Monitoring
We provide daily, weekly and monthly reports covering everything from claim statuses, pending follow ups, collection analysis, common denial reasons and recommendations on process improvements. This level of transparency is critical for informed data-driven decisions.
Tailored Solutions
Every healthcare provider has unique needs. So we assign dedicated account management teams who take the time to understand your processes, challenges and objectives first-hand. This allows us to customize and configure our solutions to best match your specific medical billing and coding needs.
Process Standardization
By mapping to established regulatory protocols around claim preparation, code validation, insurance verification, submission protocols, payment posting methods and AR follow up, we bring enhanced consistency and accuracy to your revenue cycle.