Optimize Your Private
Practice Billing with
Superior Medical Billing
Effortlessly Manage Patients and Finances with Cloud-Based Software
Our specialized medical billing services for private practices deliver expert Revenue Cycle Management, Practice Management, Consulting, and Auditing. Here’s a look at the key insights into our billing process.
1500 +
Healthcare Professionals
75+
Medical
Specialties
30%
Revenue
Boost
99 %
Clean Claims
Empower Your Practice: Maximize Reimbursements,
Minimize Denials, Enhance Financial Health
Audit & Review
Auditing assesses the compliance and accuracy of a healthcare provider's billing practices, identifying errors that lead to reduced reimbursements and higher costs. At SMBT, we audit and report on private practices to optimize efficient RCM.
Error Detection
Identifying errors is crucial; we also recognize recurring error patterns that can result in financial and legal penalties, increased costs, denials, and decreased revenue collections. By addressing these patterns at their source, we help prevent future denials and maximize reimbursements.
Dispute Denials
After a claim is denied, many practices neglect to address the delayed or denied claims, resulting in lost revenue. We actively appeal these denials and thoroughly investigate unaddressed old claims to correct any inaccuracies
Fix Errors
Billing inaccuracies often arise from incorrect coding and patient data errors. We utilize advanced automated claim scrubber software that meticulously reviews claims for accuracy, ensuring they are fully prepared for submission.
Confirm Coding
Ensuring coding accuracy for procedures, diagnoses, and treatments is crucial for accurate submissions and quicker revenue collection. At SMBT, our trained professionals build a strong case for claims submission to minimize denials.
Track Claims Progress
The revenue cycle requires diligent follow-up and a robust tracking system during the billing process. We actively monitor claims throughout their lifecycle to promptly identify and manage errors.
Enhance Cash Flow
Finally, reimbursement is the final but crucial step that enhances the quality of care in your private practice and improves the patient experience. We focus on timely denial management, increased cash flow, and reduced overall costs
Providing Comprehensive
Medical Billing Solutions
for Private Practices
Managing various issues and dealing with multiple payers can delay claims submission for your private practice. While medical billing and patient care are interrelated, they require distinct skills and expertise to achieve optimal results.
As a medical practitioner, you can handle both, but it’s challenging to excel or maintain balance between them. SMBT provides comprehensive billing and coding solutions that leverage innovative technology to streamline charge capture and ensure efficiency.
We maintain a 99% clean claim rate, increasing revenue by up to 30% for our billing clients.
Keep Up-to-Date with Specialized Healthcare Billing and Coding Techniques through SMBT
Mastering specialty diagnostic coding is essential to boosting your revenue cycle management. Unlock the full potential of specialty-specific billing to:
- Leverage specialized expertise for precise billing accuracy
- Streamline claims processing for quicker reimbursements
- Ensure prompt claims submission and timely follow-ups
- Maximize cash flow and improve overall efficiency
- Monitor claim status and address delays proactively
- Minimize errors and maintain consistent billing practices
Boost Your Revenue Collection with SMBT’s Expert Billing Team
SMBT offers tailored billing services for your private practice, backed by an in-house system for billing, coding, and RCM to tackle complex challenges.
We operate our own clearinghouse, allowing us to handle the majority of your practice’s non-clinical tasks. Additionally, we:
- Offer compliant billing solutions to safeguard patient confidentiality.
- Provide cost-effective, compliant medical billing for your private practice.
- Implement a control system to detect and prevent inaccuracies.
- Set clear standards for continuous improvement.
- Assign a skilled team with a system of accountability in place.