24/7 Medical Billing Services has announced a double bonanza offer to help chiropractors and mental health experts boost their income and enjoy more savings. The company is offering its new clients 30% discount on their first three billing invoices along with a free A/R cleanup. The aim is to help providers put an end to their billing woes and grow their business.
“Response to our offer has been quite overwhelming. In the last one week, we have received various inquiries from chiropractic and mental health practices, seeking revenue cycle assistance. Till now we have partnered with more than 50 practices and more requests are pouring in” – Natalie Smith, Marketing Director, 24/7 Medical Billing Services.
With this offer, 24/7 Medical Billing Services aims to help practices obtain maximum revenue for all rendered services while saving time and money. It is a known fact that chiropractic and mental health billing is quite complex. Due to lack of time and trained staff, many providers keep struggling with denials, increase in A/R days and revenue loss.
“Growing numbers of medical practices are finding it difficult to navigate through billing and coding requirements, compliance needs and other challenges. Since approximately 30-40% of revenue is now being generated from patients having high-deductible insurance coverage, mistakes in coding, billing and documentation is leading to huge revenue losses” – says Natalie.
According to the MGMA, an average healthcare practice experiences around 20-35% of claims rejection. Since re-submission of rejected claims is expensive and needs expertise, practices start losing more money. Also, delayed claims are potentially more costly for a practice than denied claims. Through effective billing, denial and A/R management services, 24/7 Medical Billing Services aims to help more practices get back on track. By assigning them a team of well-trained billers and A/R experts, the company is improving practice collections, reducing days in data entry, bringing down A/R days and ensuring effective charge capturing for its new clients.
“Prevention of revenue leaks was one of the main concerns at our practice. We were aware of the need to firm up our systems for increasing profits but didn’t know where to start from. So when we came across this exclusive offer by 24/7 Medical Billing Services, we availed it right away. The team at 24/7 Medical Billing Services has been proactive from the very beginning and we can’t wait to start seeing results”- commented Carolyn Augustine Kinne, one of the new clients of 24/7 Medical Billing Services.
Not just billing but collections has also been a challenge for most chiropractors and mental health experts. According to Natalie – “Besides top-notch billing, we also wanted to offer free A/R cleanup to our clients to help them identify areas that are impacting the financial health of their practice.”
24/7 Medical Billing Services has been offering quality, cost-effective billing services to providers across all 50 states in the US. Besides handling coding and billing tasks, a denial and A/R management services by 24/7 Medical Billing Services has also helped practices earn more and save more.