.svg){kind=icon}
Service
Revenue cycle management
MZ Medical Billing provides end-to-end solutions for healthcare providers to optimize their revenue cycle management. MZ Medical Billing ensures efficient financial operations, from verifying patient benefits to managing denials and providing comprehensive reporting. Our services include eligibility and verification of benefits, ensuring patients understand their insurance coverage. We handle authorization submissions promptly and accurately post payments to provider accounts. With our denial management expertise, we review and rectify denied claims, including appeals when necessary. Thorough follow-up on outstanding claims is conducted, and clear patient statements are generated to help them understand their financial responsibilities. Our customized reports empower informed decision-making and process improvement.
.svg){kind=icon}
About The Service
MZ Medical Billing offers comprehensive services to ensure streamlined revenue cycle management for healthcare providers. Our services include:
- Eligibility and verification of benefits
- Authorizations submissions and rejections
- Payment posting
- Denial management
- Follow-up
- Patient statements
- Reporting
- Eligibility and Verification of Benefits:
- MZ Medical Billing verifies patients' insurance eligibility and benefits prior to providing medical services.
- We ensure that patients have active coverage and understand their insurance benefits, including co-pays, deductibles, and coverage limitations.
- Authorizations Submissions and Rejections:
- MZ Medical Billing handles the submission of authorizations for medical procedures and treatments as required by insurance companies.
- We track authorization statuses and address any rejections promptly, ensuring timely approvals for necessary medical services.
- Payment Posting:
- MZ Medical Billing accurately posts payments received from insurance companies and patients to the healthcare provider's accounts.
- We reconcile payments with billed services to ensure proper accounting and financial transparency.
- Denial Management:
- MZ Medical Billing meticulously reviews denied claims to identify the reasons for denials.
- We take proactive steps to rectify errors, resubmit claims with necessary corrections, and appeal denials when appropriate to maximize reimbursement.
- Follow-up:
- MZ Medical Billing conducts thorough follow-up on outstanding claims to expedite the reimbursement process.
- We communicate with insurance companies, addressing any inquiries or discrepancies to ensure prompt resolution and payment.
- Patient Statements:
- MZ Medical Billing generates and sends clear, easy-to-understand statements to patients detailing their financial responsibilities.
- We provide assistance and support to patients in understanding their statements and resolving any billing inquiries or concerns.
- Reporting:
- MZ Medical Billing offers comprehensive reporting capabilities, providing healthcare providers with insights into their revenue cycle performance.
- We deliver customized reports that highlight key metrics, such as collections, reimbursement rates, and claim statuses, enabling informed decision-making and process improvement initiatives.
MZ Medical Billing service
