MedTech Billing Services, Inc. provides comprehensive billing and practice management services to Radiology practices. Radiology billing is both unique and complex. Today's Radiologist faces many pressures including utilization review by managed care companies, decreasing reimbursement, pre-certification requirements by third-party payers and increasing personnel costs. With all of these pressures and more, it has become increasingly difficult to both practice Radiology and tend to the practice management issues. For this reason, MedTech has assembled one of the brightest and most experienced billing and practice management teams available in the industry today to handle your Radiology billing and practice management needs. MedTech's Radiology Billing Specialty and practice management services include many facets.
Billing and Accounts Receivable Systems and Management
Establishment and maintenance of a charge capturing mechanism specific to Radiology
Delinquent insurance follow-up including telephone contact with patients and third party payers
Maintain state-of-the-art computer hardware, software, and data transmission technologies
System features include: "line-item" posting, tracking of third party fee schedules to ensure payment in accordance with contract terms, and electronic filing capabilities which run in "real time"
Data preparation, CPT and ICD-9 coding, and daily insurance claim submission
Daily cash receipts and deposits made to your bank accounts
Completely customized billing procedures
Primary, secondary, and tertiary insurance filing
Rejections and no-action accounts worked and resubmitted
Billing cycle designed for optimal charge capture and reimbursement in the Radiology environment
Review fees and CPT Coding techniques to assure maximum reimbursement
Daily backup of all transactions on tape and removed from premises nightly
Internal control and charge capture audits
Design and implementation of internal control procedures
MedTech professionals have significant experience and exposure to issues affecting Radiologists in today's health care environment: practice mergers, affiliations, managed care contract evaluation and negotiation, hospital contracting, capitation analysis, and physician income distribution.
Monthly management reporting
Statistical and practice analysis
Research, communication and implementation of current governmental regulations, third-party reimbursement policies, industry trends, etc.
Contract negotiations with managed care entities, hospitals, etc.
Capitation and managed care pricing analysis
Referral tracking
Review business affiliation opportunities with hospitals and other providers
