Medical Billing Services
Committed to conducting business in a effective and professional manner, KG Med Solutions is dedicated to eliminating the hard work associated with accounts receivable management, insurance claims, medical billing reports, and other claim releated paperwork. If your medical practice is looking for a reliable revenue cycle management business that can do it all, then KG Med Solutions should definitely be at the top of your search. We are sure to satisfy all your medical billing needs, including the services listed below, and any other medical billing services that your practice may require!
ACCOUNTS RECEIVABLE MANAGEMENT: We at KG Med Solutions are responsible for making sure that all of your aged receivables are in control, and are relentless at resolving any lingering denied or underpaid claims. As our ultimate goal, we aim to collect as much potential revenue as possible by always reviewing aged receivables and bringing the balances you owe to a minimum. It is our goal to have our client's Accounts Receivable Rations reflect 90% of the practice's outstanding dollars to be less than 60 days old. It's time to focus on the medical needs of your patients instead of the accounting needs of your business, so contact us about conducting your accounts receivable management
PATIENT ACCOUNTS RECEIVABLE: KG Med Solutions takes pride in collecting all monies due to our clients. All though we are not a collection agency, we bill and follow up on all patient balances on a monthly basis.
ELECTRONIC CLAIMS SUBMISSIONS: While we still do offer paper submissions, we believe that electronic claim submission is the most efficient way to conduct business, so we highly encourage our electronic claims submissions system. Our practice management software allows us to bill our claims within a 24-hour period, which enables you to receive payments on a faster and more consistent basis. Compliance with insurance companies should not be a concern, because almost all insurance companies are now accepting electronic claims.
REPORT GENERATION AND ANALYSIS: We believe in full transparency and will provide all reports necessary for you to efficiently run your medical practice (i.e. receivable reports, patient reports, submitted claims reports, etc.). Whether you're looking for daily, weekly, or monthly reports, we can provide you with whatever you need in an timely manner. We also review receivable reports to locate any trends. We will notify the practice of any issues and provide suggestions on how to fix any problems that arise.
MEDICARE AND MEDICAID BILLING: When it comes to billing patients that are on Medicare or Medicaid, it is no secret that the process is not an easy one. Though these are such useful programs for patients in need, they are difficult to process. The good news is that we have experienced experts that work specifically with Medicare and Medicaid billing, so you are guaranteed to be in good hands! Not only will you have the burden taken off your shoulders, but you will have the peace of mind knowing that your patients on Medicare and Medicaid are being processed properly and efficiently.
CLEAN UP OF OLD RECEIVABLES: The older the claim the harder it is to get paid by the insurance company. The same can be said of patient receivables, the older the balance, the harder it is to get the patient to pay. If your practice has a large amount of receivables over 120 days that need attention, KG Med Solutions is the right one to call. We will fight to get the claims paid that have not exceeded appeal or timely filing limits and contact patients directly to resolve balances.
KG Med Solutions can provide the entire billing process or customize the services to fit your needs!