Medical Billing Services | Accurate & Reliable Claims
Practolytics provides reliable Medical Billing Services to streamline revenue cycle management and maximize reimbursements. Our expert team ensures accurate coding, claim submissions, and quick payments, reducing denials and administrative burdens.
With industry expertise and advanced technology, Practolytics optimizes cash flow and ensures compliance with healthcare regulations. We handle end-to-end billing, including claim processing, payment posting, and revenue reporting, tailored to your practice’s needs.
Whether you’re a small clinic or a large healthcare facility, our Medical Billing Services help improve efficiency and profitability. Partner with Practolytics for hassle-free billing and increased revenue.
Simplifying Your Healthcare Revenue Cycle
We simplify Revenue Cycle Management with a meticulous approach, helping you optimize revenue, reduce outstanding accounts receivables, and minimize bad debt. Our expert team ensures efficient eligibility verification at least two days before patient appointments, improving your first pass claim ratio.
Early verification allows informed decisions on diagnosis, treatment, and patient payment collection, reducing delays and denials. With our skilled professionals managing the process, you can focus on quality care while enhancing financial performance. Trust us to streamline your billing and improve cash flow effortlessly.
Transforming Businesses
Practolytics is one of the leading multi-speciality billing company serving more than 28+ medical specialities
Providing End-to-End Claims Management Solution
We handle end-to-end claims management, ensuring accuracy in charges and payments. Focus on patient care while our technology boosts efficiency and reduces AR days.
Our solution includes but not limited to the following:
We make sure, we have got your back
We understand your problems, know the glitches where they occur, and we are here to solve them for you.
Contact Us for Accurate Medical Billing Support
FAQs about Medical Billing
Will Practolytics submit claims on the practice behalf?
Yes, we are partnered with state of the art PM/EMR system and clearing house, we will take care of your electronic as well as paper claim submission.
What is the TAT/lag days for claim submission?
We submit claims within 24-48 hours from the charge receipt time. You will have access to the lag days through the PM/EMR system as well as through several reports.
Will we have full access to view our claims and payment details?
Yes, based on your request, your staff will be provided with full access to the system where you can review your claims and payments.
Whom do we reach out to on our billing and collections questions?
You will have a dedicated account manager who will be available on email and phone.
Does Practolytics send daily billing and collection status?
Yes, you will be receiving daily emails on the billing and collections.
How often do you work on rejections and denials?
The clearing house, payer rejections and denials gets worked on daily basis and gets shared with practice on weekly basis in a consolidated report.
Do you collect EOBs/ERAs and post them into the system?
Yes, we reconcile all the ERAs/EOBs and it gets posted on daily basis.
What reports will be provided from your end?
You will have full access to the reporting module of the billing system and any and all customized reports can be shared with the practice on request. Once decided these reports will be shared with you in scheduled intervals. Our reports include but not limited to: charges Vs payments, patient volume, CPT volume, payment per encounter, payer mix charges, payer mix payments, provider/location wise reimbursement reports, payroll reports, outstanding insurance and patient AR reports etc.
Do you send statements to patients?
Yes, statements are sent to patients on regular intervals. The billing cycle can be customized based on your business requirements.
What if our patients have questions on their bills, whom do they reach out to?
We have dedicated customer service experts working based out of our South Carolina office and they will assist the patients with their questions on bills and payments.
Do you work with any collection agency?
We have a partner collection agency based out of South Carolina and we also work with collection agencies of your choice.
Resources
Medical Billing Guide for Psychologists: Stress-Free Practices
Medical Billing can be complex for psychologists. Learn to simplify insurance claims, coding, and reimbursements for accurate payments and timely compensation.
Enhancing Medical Billing Efficiency for Nursing Homes
Discover how Practolytics improved nursing home billing, reduced claim denials, ensured compliance, and boosted revenue through AI-driven solutions.
Streamlining Revenue for Neurosurgery – Medical Billing Services
Neurosurgery billing is complex—Practolytics streamlines coding, claims, and revenue management, reducing denials and administrative burdens for neurosurgeons.
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