Invicta MD delivers expert physician billing services across 50+ specialities. Our advanced technology and industry expertise streamline billing for practices of all sizes, helping you meet your revenue and operational goals efficiently.
At Invicta MD, we understand the importance of keeping your medical practice running efficiently. That's why we've established key performance indicators (KPIs) to track the success of our physician billing management. These metrics offer a clear reflection of our expertise and the results we deliver:
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Invicta MD's physician billing services handle all aspects of your administrative tasks, from appointment scheduling and patient record management to insurance claim processing, ensuring your practice runs smoothly and efficiently.
Accurate Medical Coding and Thorough Documentation
Efficient Claims Submission for Faster Processing
Timely and Accurate Payment Posting
Proactive Claims Denial Management and Resolution
Comprehensive Payment Reconciliation and Transparency
Accurate Medical Coding and Thorough Documentation
Efficient Claims Submission for Faster Processing
Timely and Accurate Payment Posting
Invicta MD’s physician medical billing services ensure precise coding and compliance with the latest regulations to minimize claim denials and enhance revenue growth. Here’s how:
Evaluate patient charts to identify relevant diagnoses, procedures, and services.
Precisely choose ICD-10, CPT, and HCPCS codes.
Confirm the accuracy of codes and adherence to coding guidelines.
Utilize modifiers as needed to indicate special conditions.
Employ coding software and tools for effective code selection and validation.
Our billing and coding team, certified by AAPC, accurately handles up to 75,000 claims each day to maximize reimbursements for your practice.
Analyze trends and underlying reasons for claim denials.
Ensure accurate coding to eliminate errors that can lead to denials.
Confirm that medical records align with payer criteria.
Write effective appeal letters with all necessary documentation.
Monitor and follow up on the status of appeals for prompt resolutions.
Act as a liaison to address issues with payers.
Collaborate with payers to modify or reprocess denied claims.
The Medicare MIPS program, continuing through 2024, focuses on rewarding quality patient care. It evaluates providers in key categories:
Let us take care of the verification and renewals so you can focus on patient care. Our thorough credentialing process includes:
Our physician billing team brings industry-leading knowledge to secure the highest reimbursements for practices in all 50 states.
Selecting the ideal billing service provider can significantly impact your practice's revenue and efficiency. When evaluating options, here’s what to prioritize:
Experience and Expertise: A seasoned billing company knows the nuances of medical billing and can tackle issues effectively, ensuring smoother claim submissions.
Reputation and Testimonials: Positive reviews from other healthcare providers are a strong indicator of reliability. A solid reputation offers peace of mind.
Understanding Your Needs: Look for a provider who recognizes and adapts to your unique requirements, offering tailored services.
Flexibility: The medical landscape is ever-changing. Choose a service that keeps pace with evolving regulations to maintain compliance.
Communication and Support: Responsive communication is crucial. Opt for a provider with a support team that addresses questions promptly.
Technology and Systems: Advanced software enhances accuracy and speeds up billing. Ensure the company leverages up-to-date tools.
Transparent Fees and Contracts: Knowing the costs upfront and avoiding hidden fees is essential. Transparent pricing and flexible contracts are ideal.
Detailed Reporting and Metrics: Access to comprehensive reports helps you monitor financials, optimize processes, and make data-driven decisions.
By considering these you will know you have chosen a billing services company that will work for you.
When partnering with a billing services provider, here’s what they should offer to ensure smooth operations and maximize revenue:
Accurate Claim Filing and Coding: Proper filing and precise coding minimize errors and increase the chances of prompt reimbursement.
Denial Resolution and Unpaid Claim Follow-Up: They should actively manage denied claims and pursue unpaid claims to secure timely payments.
Patient Billing and Account Management: Managing patient billing and accounts helps reduce administrative burdens on your in-house team.
Practice Management Solutions: They should provide tools to streamline practice operations, from scheduling to patient record management.
Administrative Support: Handling data entry, reporting, and other administrative tasks frees up your staff to focus on patient care.
Regulatory Compliance: A proactive approach to compliance with evolving healthcare regulations is essential to avoid potential fines or operational disruptions.
Patient-Centered Billing: Clear, accurate billing information enhances patient satisfaction and improves the patient experience.
A reputable billing company should also deliver detailed reporting for insights into practice performance, along with responsive customer support for seamless collaboration.
Ready for a smoother billing process and up to 30% revenue growth? Let Invicta MD handle your physician billing solutions and experience natural results.
Have you got questions? Request a callback, and one of our billing experts will reach out promptly!
