Best Chiropractic Billing Companies in the USA
MediBillMD
MediBillMD provides medical billing, coding, and revenue cycle management services to healthcare providers.
Chiropractic care has become a non-invasive hope for many patients in the USA, improving their health. Chiropractic care is significantly contributing to the healthcare of Americans. Statistics show that over 35 million Americans receive chiropractic care each year. Those between 45 and 64 are most likely to acquire chiropractic care, whereas women are the most frequent gender to visit a chiropractor.?
The systematic process of filing and monitoring claims to obtain payment for chiropractic treatments provided by professionals is known as chiropractic billing.
Chiropractic billing companies are projected to experience growth in the billing business. The U.S. government estimates that the chiropractic business will expand by 4% between 2022 and 2029.
Accurate medical billing and receiving payments on schedule are essential for any healthcare provider. This blog will help you discover the best chiropractic billing companies for assistance in accurate and timely claims filing.?
Top 5 Chiropractic Billing Companies in 2024
The most challenging part of chiropractic billing is coding because code sets are revised yearly. The process includes verifying patient insurance coverage, filing claims, resolving billing disputes, and ensuring healthcare regulations. A minor error can significantly impact the cash flow of your practice in any process or stage, resulting in denied claims and postponed payment.
Your practice staff can focus their time and effort on patient care by outsourcing to the best chiropractic billing companies.?
We have identified the top five chiropractic billing companies in the USA that provide clients with outstanding care, including protecting their data and tailoring services for them. The Better Business Bureau rates firms according to their years of existence and services, which is how these companies, too, are rated.??
1. MediBill MD
MediBill MD was established in 2023, with an online presence in 50 U.S. states. Despite being new in the medical billing industry, MediBill MD has excelled in the billing business with a 97% first-pass ratio, which means there is a high chance that your claims will get approved on the first attempt.
MediBill MD helps businesses increase their financial stability and reclaim their old accounts receivable with a receivables period of less than 30 days.
Outsource medical billing to MediBill MD for dedicated chiropractic billing services that fight for every dollar you are entitled to by managing coding, claims, and payments. They keep thorough records to reduce mistakes and deliver financial security. From patient registration to follow-ups and payment postings to managing denials, find a reliable chiropractic billing specialist at MediBill MD.
2. ChiroFusion
ChiroFusion was founded in 2010 and has provided chiropractic billing services to over 300 chiropractors nationwide. It is one of the best firms among the chiropractic billing companies with a highly skilled staff that files claims within 24 hours and has a first-pass ratio of 98%, which means there is less than a 5% chance that your claim will be rejected.?
They offer comprehensive revenue cycle management solutions to chiropractors, allowing them to concentrate more on their patients and less on billing and collections.
ChiroFusion understands the value of consistent follow-up. They keep their clients informed about unpaid claims to optimize their reimbursement returns. Since they are committed to removing claim delays and processing problems, clients can recover the money they are due.
3. Olympus
Olympus has been offering chiropractic billing services since 2012. With six physical locations in prominent states like New York, Florida, Texas, and Illinois, it provides nationwide services in all 50 states. They have a 98% first-time pass rate and scrub and submit error-free claims daily.?
It serves healthcare practices of various sizes across the US, from relatively small practices with only one provider to large groups. The company offers affordable chiropractic billing services with a 30-day free trial and no setup costs.?
Olympus is one of the few chiropractic billing companies familiar with the latest chiropractic billing services and adept with different software. If you do not work with any software, they will suggest one that suits your requirements and price range.?
4. MMC Billing Services
MMC Management Associates is another chiropractic billing company based in Florida. It was founded in 2000 and has been in business for almost 23 years. As a chiropractic billing specialist, MMC offers efficient billing services to professional clients nationwide. Its apt and experienced team has billed and collected on more than 800,000 chiropractic claims.?
Most insurance companies fail to follow up with their clients and insurance payers, which raises the error rate in submitting a claim by 15% to 20% and frequently results in delays and stall tactics.?
MMC Management Associates ensures that you receive the highest acceptance rates and reimbursements on your claim, which is why they regularly follow up and keep up with the changing regulations and coding systems that impact chiropractic medical billing and reimbursements.
5. Holistic Billing Services (Holbie)
Holistic Billing Services' headquarters are in Orlando, Florida. Like other chiropractic billing companies, Holbie offers billing services across the United States, enabling medical professionals to succeed in their clinics by streamlining their administrative procedures.
The company is committed to providing chiropractors with the tools and support they require to manage their billing process. It further offers the latest and most specialized insurance billing services, including electronic health records, practice management software, and insurance billing, all of which combine to improve the efficiency of your chiropractic offices.?
Holistic Billing Service is committed to safeguarding the integrity and privacy of its client's personal information. With this privacy statement, they reassure you of their commitment to data security and privacy.
How to Choose the Best Chiropractic Billing Company in the USA?
Various chiropractic billing companies offer different packages and advantages to chiropractic practices. However, before making a final decision, providers must consider a few factors. As you search for the right chiropractic billing company, start with a list of questions to ask potential partners.?
The first step in choosing the best billing partner for your chiropractic practice is understanding your unique demands. Then verify that your chiropractic billing company has a team of dedicated and experienced chiropractic billing experts for specialty-specific medical billing. Compliance and data security are non-negotiable due to the sensitive nature of healthcare data. Ensure the chiropractic billing business has strong security measures and complies with HIPAA regulations. To make wise financial decisions for your chiropractic practice, be aware of the charge model, whether a fixed fee, a percentage of collections, or a combination.
By following these steps and evaluating various aspects, you can find a business partner and the best solution for your chiropractic billing needs, ultimately resulting in a healthy bottom line and more satisfied clients.
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