Best Physical Therapy Medical Billing Services

Providers who handle physical therapy medical billing internally have less time to treat patients. It is for this reason that many providers outsource their billing services.

Outsourcing your billing can save money while still providing quality patient care. Outsourcing can also help you avoid the hassle of dealing with insurance companies and collecting payments from them.

We researched and found the leading physical therapy medical billers in the industry. Read on to learn about our top picks, including what makes each unique.

Medical Billers and Coders (MBC)

Medical Billers and Coders has 1000 employees between two locations and started its operations in 1999. They are the largest consortium in the US with a mission of helping physicians with appropriate solutions to all their billing-related problems.

MBC provides revenue cycle management services to more than 40 specialties and works with leading commercial carriers like United Health, WellPoint, Aetna, Humana, HCSC, Blue Cross Group, etc. MBC also provides weekly updates on the status of claims that go through them.

Medical Billers and Coders are familiar with billing software such as Lytec, Medic, Misys, Medisoft, NextGen, and many more. They pride themselves in acquiring payment of claims within 30 days and improving your collections by 20%.

PT Billing Services

PT Billing Services is an independently owned and operated medical biller specializing exclusively in physical therapy. Established in 1996, they have witnessed many changes in the physical therapy billing industry and are ready to assist you in navigating those changes.

PT Billing Services offer electronic claim submission, medical coding, and practice management software solutions. They utilize the latest technology to ensure you receive the best possible service and value. Their mission is to provide the highest ROI on your medical bills without compromising the quality of care.

Medical Billing Wholesalers

With over ten years of experience, Medical Billing Wholesalers is located in six locations across two cities (New York and Chennai). MBW has a team of more than 700 medical billing, coding, and accounts receivable specialists who support over 40 customers. They pledge to increase your revenue by 20% and keep your claim denial rate under 5%. They were directly involved in the recent US Supreme Court win to stop specific reimbursement cuts. 

Medical Billing Wholesalers operates in all 50 states and are proficient in ICD-9/10, CPT, and HCPCS coding. They adhere to CMS and AMA guidelines and are certified by the American Academy of Professional Coders.

Outsource Strategies International

Outsource Strategies International (OSI) was established in 2002 and believes in complete client satisfaction. Their coders are AAPC or AHIMA-certified and use cloud-based software. To evaluate the quality of their services, they will provide a free no-obligation trial of their medical transcription services. OSI also offers physical therapy billing, patient scheduling, and insurance verification services.

Outsource Strategies International offers a Free Billing Analysis of your current billing performance. Using their advanced medical billing services, you can increase efficiency and collections in your practice.

Park Medical Billing, Inc.

Park Medical Billing is based in New Jersey and serves medical practices throughout the United States. They offer a wide range of services, including medical coding, insurance verification and processing, electronic health records (EHR), practice management, and much more.

Park Medical Billing recognizes the importance of dedication, commitment, and hard work in operating an effective business. Providing exceptional customer support is a top priority for them. They are committed to meeting the needs of their clients and ensuring that you get the most out of your workflow. Every day, they strive to exceed customer expectations and provide outstanding service.

Right Medical Billing

Right Medical Billing has over 25 years in the business. Billing and coding correctly is the most significant factor in ensuring reimbursement. A small error can result in delayed payments. They provide reliable and accurate medical billing and coding services to assist your facility in maximizing patient flow and freeing up resources.

Right Medical Billing will obtain and negotiate contracts with insurance payors and ensure that contracts with insurance carriers are up-to-date. Contact them to schedule a consultation.

ClaimCare

ClaimsCare has been in the medical billing business for more than 17 years, with offices in six states. The company offers medical billing services in over 25 specialties and over 80 years of combined experience. Additionally, the company communicates with its clients daily regarding their claims.

They promise to resolve 85% of claims within 60 days and 95% within 120 days. They also guarantee a 35% increase in collections and cut turnaround time by up to 50%. Their online portal is in a customizable dashboard form to make it easy to see if you’re reaching your weekly, monthly, or annual targets.

Precision Practice Management PPM

Precision Practice Management was founded in 1993. Many hospitals and medical practices throughout the country have successfully implemented their software solutions. With Precision’s proven revenue cycle and billing processes, they will help you achieve exceptional financial results within the guidelines of all compliance requirements.

The services offered by Precision are far beyond those of a typical medical billing company. They also provide hospitals and medical practices with electronic health records, network, and IT services, coding, credentialing, accounting, and human resource services.