Below you will find a list of the five best online medical billing companies. These companies share several common characteristics as they have years of experience, and they comply with all Health Insurance Portability and Accountability Act (HIPAA) regulations to assure that patient records are handled with privacy.
Allstate Billing provides online medical billing services for practitioners in multiple specialties across the nation. They submit claims to the insurance companies electronically and process claims within 24 hours of receipt. In addition, they charge a flat fee per claim instead of a percentage based on the number of claims that get approved. To ensure HIPAA compliance, they conduct periodic compliance reviews and audits. The services they can provide also include accounts receivable management, medical coding review and assistance, and physician credentialing services.
Athena Health has been in business since 1997. They have offices in Alabama, Georgia, Maine, and Massachusetts. The company utilizes a cloud-based billing system. According to their web site, they get 94% of claims paid the first time they’re submitted. They serve over 30,000 clients across the country. Services they provide include electronic health records, practice management, and patient communication. In addition, they provide free upgrades to their software as well as free online training for these updates.
The ClaimCare Medical Billing Company has been in business for 17 years. They maintain offices in California, Florida, Texas, and Pennsylvania. Their clients include all medical specialties, and they serve practices nationwide. ClaimCare guarantees that 85% of charges will be resolved within 60 days and that 95% of charges will be resolved within 120 days. They submit claims within one weekday of receiving documentation of a patient encounter. If they miss a claim submission deadline, they reimburse their client for the missed claim. In addition, ClaimCare offers an instant payment system that provides daily or weekly upfront payments for insurance claims.
MTBC has been in business since 1999. The company offers online billing and practice management services as well as electronic health record services for medical practitioners nationwide. The practices they serve include multiple medical specialties such as Cardiology, Dermatology, ENT, Internal Medicine, Nephrology, OB/GYN, Pediatrics, Podiatry, Psychiatry, Pulmonology, and other specialties. MTBC charges five per cent of a practice’s monthly collections for their services. Clients can access their web-based software from a mobile device as well as from a laptop or personal computer. MTBC files claims electronically unless a provider is not set up to accept electronic filing.
Physicians Group Management, also known as PGM, is an online medical billing and practice management software company that has been in business since 1981. They serve over 300 clients across the country including practitioners in Cardiology, Dermatology, Gastroenterology, Internal Medicine, Nephrology, Plastic and Reconstructive Surgery, Urology and other medical specialties. PGM maintains offices in New Jersey and New York. They offer ambulance and laboratory billing as well as physician billing services.
The five best online medical billing companies listed above have proven track records for helping their clients increase collections and reduce the time their charges are in accounts receivable. If you’re searching for an online billing company, check out these five providers.