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At BillSpark, we understand that an optimized billing process is key to your hospital’s financial stability. We offer comprehensive hospital billing solutions to meet the unique needs of your healthcare organization. These services include hospital revenue cycle management, AR recovery & follow-up, credentialing, insurance verification, advanced EHR/EMR software, practice management, and patient engagement solutions.
Our expert billing and coding team will manage your entire revenue cycle. We process claims from beginning to end, so you no longer need to house, manage, and pay a billing department. When you partner with BillSpark, you can expect revenue growth of up to 35%. Request a free AR assessment today and discover how we can eliminate your billing hassles!
BillSpark team of medical billing experts combines industry knowledge with cutting-edge technology. This powerful duo allows us to create innovative solutions that streamline your billing process, minimize errors, reduce costs, and ensure compliance with the latest regulations.
At BillSpark, we take a comprehensive, all-inclusive approach to the hospital billing management and collection process. Not only do we continuously update our staff on changes in billing codes and payer procedures, but we also invest in the latest medical billing technology to provide the best possible service.
We understand that medical billing is not a one-size-fits-all solution. Your hospital billing system has its own set of needs. That’s why we offer customized billing solutions, including: (Lets list the below points in form of individual cards)
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.
BillSpark stays up-to-date on HIPAA-compliant standards for efficient billing solutions and collection services. Our medical coding experts perform multiple quality checks before submitting a coded bill to the payer. It ensures error-free claims and maximizes revenue growth.
BillSpark utilizes specialized EMR/EHR software to automate this process, ensuring faster and more accurate posting. We help identify areas for improvement, such as reducing denials or collecting outstanding patient balances.
We provide comprehensive AR management and follow-up services to help hospitals recover lost revenue. Our dedicated team prioritizes aged accounts and uses advanced analytics to identify every opportunity for collection. This is why we have a proven record of reducing AR by 35%.
We manage claim denials systematically with the IMMP process. IMMP stands for Identify, Manage, Monitor, and Prevent. First, we identify the reasons for claim denials. Then, we appeal it and have the insurer pay the claim. Lastly, we reduce future denials by revising processes and retraining staff.
We stay up-to-date on complex billing regulations, ensuring your charges comply with all payer requirements. Our expert billing team carefully collects data, analyzes it, and prepares the claim with accurate information.
If your current hospital medical billing is done in-house, every repeated claim submission increases overhead expenses and results in revenue loss.
As a leading hospital billing company, we understand that even the most minute errors trigger claim rejections, and every claim that requires reprocessing is costing you valuable resources.
Our billers will review all of the claims and send them out within 48 hours. We excel at handling high-volume claims.
Our goal is to ensure that you receive the maximum amount of reimbursement for all services rendered.
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.
Billspark 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.
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.
+1 (720) 414-6596
BillSpark is a trusted medical billing company dedicated to helping healthcare providers maximize revenue and streamline their billing processes. We’ve partnered with practices of all sizes to reduce administrative burdens, improve claim accuracy, and accelerate reimbursements.
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