Customized Hospital Billing Services for Your Unique Needs
At NextGenBillingSolution, we know that an efficient billing process is crucial for your hospital’s financial health. Our comprehensive hospital billing services are designed to address the unique needs of your healthcare organization. These include hospital revenue cycle management, accounts receivable (AR) recovery and follow-up, credentialing, insurance verification, advanced EHR/EMR integration, practice management, and patient engagement solutions.
The Results Will Amaze You
Nextgen Billing Solution brings together a team of skilled medical billing experts who merge deep industry knowledge with advanced technology. This powerful combination enables us to design innovative solutions that streamline billing workflows, reduce errors, lower operational costs, and maintain full compliance with the latest healthcare regulations.
Our Comprehensive Hospital Billing Services
At Nextgen Billing Solution, we take a comprehensive and all-inclusive approach to hospital billing management and the collection process. Our team stays continuously updated on the latest changes in billing codes and payer procedures, ensuring accuracy and compliance at every step. We also leverage advanced medical billing technology to deliver efficient, transparent, and high-quality results.
Denial Management
At Nextgen Billing Solution, claim denials are handled through a structured IMMP process — Identify, Manage, Monitor, and Prevent. We first identify the root causes of claim denials, then manage them by appealing and ensuring proper reimbursement from insurers. Finally, we monitor and prevent future denials by refining workflows and retraining staff to maintain consistent claim accuracy and compliance.
AR Management and Follow-Up
Nextgen Billing Solution offers comprehensive AR management and follow-up services designed to help hospitals recover lost revenue efficiently. Our specialized team focuses on aged accounts and leverages advanced analytics to uncover every collection opportunity. With this strategic approach, Nextgen Billing Solution has achieved a proven record of reducing AR by up to 35%.
Payment Posting
Nextgen Billing Solution utilizes advanced EMR/EHR automation tools to streamline the posting process, ensuring faster and more accurate results. Our system identifies key areas for improvement, such as minimizing claim denials and optimizing the collection of outstanding patient balances.
Medical Billing and Coding Services
Nextgen Billing Solution stays up-to-date with HIPAA-compliant standards to deliver efficient billing and collection services. Our expert medical coding team conducts multiple quality checks before claim submission, ensuring accuracy, minimizing denials, and maximizing revenue growth.
Insurance Verification
Our expert team collects up-to-date patient information, including the insurance company’s name, insurance cards, policy details, and identity documents. We verify insurance up front to accurately estimate patients’ financial responsibilities, such as copayments and deductibles.
Charge Entry
Nextgen Billing Solution stays current with the latest and most complex billing regulations, ensuring that every charge fully complies with payer requirements. Our expert billing team collects, analyzes, and processes data with precision to prepare error-free and accurate claims.
How We Stay Ahead of the Curve
Complete Hospital Billing, Coding & Revenue Cycle Management
Ignored claims, denials, and underpayments can severely impact your hospital’s revenue stream and overall financial performance, diverting attention from what truly matters—patient care.NextgenBillingSolution optimizes your revenue cycle by boosting cash flow through faster collections and precise billing. Our specialized team carefully studies payer-specific eligibility rules and coding requirements to ensure every billable service is accurately captured, maximizing reimbursement for each claim and minimizing revenue loss.
NextgenBillingSolution Helps You Get Paid Faster!
If your hospital handles billing internally, repeated claim submissions can quickly drive up overhead costs and reduce revenue. With nextgenbillingsolution, even minor errors that lead to claim rejections are efficiently addressed, saving your team time and resources. Our experts review every claim thoroughly and ensure submission within 48 hours. Capable of managing high-volume workloads, we currently process over 75,000 claims daily. Our mission is to help you secure the maximum reimbursement for all services provided.
Advanced Hospital Billing Software for Streamlined Workflow
At NextGenBillingSolution, we know how vital automated processes are for hospitals. That’s why we leverage advanced medical billing software to help your staff efficiently manage patient appointments, demographics, and billing—all in a secure and organized manner. You have the flexibility to continue using your existing software or transition to our system seamlessly.
Sign up today for a free demo and discover how NextGenBillingSolution can simplify and optimize your hospital billing workflow.
What Our Clients Says About Working With US
NextGen billing solution did a great job with our billing and helping clean up old AR. Regular updates and good communication were very appreciated.
NextGen billing solution has been and continues to be critical to the success of Ion Diagnostics. As our medical billing company, they consistently meet our needs for compliance and dedicated, responsive client service. They excel in revenue cycle management and truly feel like a partner.
I am impressed with NextGen billing solution promptness to respond to any inquiries, with the time they dedicate to reviewing each one of the cases.
I am very thankful to NextGen billing solution because they rectified all the mistakes which were done by my previous medical billing partner. They are so fast and efficient.
NextGen billing solution, as our medical billing company, has reduced our claim denials by up to 20% and resolved all of our billing challenges, including prior authorization and credentialing. We have regularly scheduled weekly meetings with them, and they have been very responsive and courteous during the calls
Our experience with NextGen billing solution is great. They help us to increase our revenue with their quality medical billing and customer support services. Always recommend them to others.
We have experienced tremendous improvements within our billing and claims department that we have entrusted NextGen billing solution to manage.
Frequently Asked Questions
How do you submit claims?
We submit all claims electronically. Our team thoroughly reviews denied or rejected claims for errors and promptly submits them. We monitor the status of your claims and, if necessary, initiate proactive follow-up with insurance companies.
How much do your hospital billing services cost?
Medcare MSO adheres to a no-hidden fee policy. You only pay for the results we deliver. The cost of our hospital billing services varies according to your specialty and organization size.
What subscription plans do you offer for thWhat procedure do you follow in the event of nonpayment?
Medcare MSO employs a highly skilled team that determines whether the claim denial is valid or not. If the denial is valid and occurred due to technical errors, we prefer transparent communication with the practitioner and reprocessing the claim.
Is your hospital billing company HIPAA compliant, and how do you ensure the security of patients' protected health information (PHI)?
At Medcare MSO, patient privacy is our top priority. We are fully HIPAA compliant and maintain high-level security measures to safeguard your patient’s PHI. This includes:
- Secure electronic data storage with encryption.
- Regular security audits and staff training on HIPAA regulations.
- Patient data is subject to strict security controls, with access limited to authorized personnel.
We will provide a detailed outline of our HIPAA compliance policies upon request.
What is your support turnaround time?
We are always available to optimize your revenue cycle and deliver timely results. You can contact us any time of the day. Our hospital billing experts will answer any query you may have.
Partner with MedCare MSO to Boost Your Hospital Revenue Up to 35%!
Get result-oriented healthcare billing services today to increase your revenue by up to 35%.Have questions? Please fill out the contact form or feel free to give us a call right away during business hours; our team will gladly assist you.
