Medical billing companies are the companies that provide healthcare facilities with medical billing services that include but are not limited to data entry, claim-related tasks, and filing claims either through paper or electronic media. RCM support, follow-up of claims and appeals, and patient billing are also the services provided by such companies. Clearly, these companies are very helpful. Therefore, we have shortlisted the top 5 best medical billing companies in the US for you to consult. Let’s move on and discover them.
AdvancedMD
AdvancedMD, a company providing healthcare technology, is based in South Jordan, Utah. This company, consisting of 500 employees, facilitates its customers with ambulatory medical practices through their cloud medical office software. The company offers extensive solutions to physicians and nurses in the form of electronic health records, rapport building with patients, practice management, business analytics reporting, telemedicine, and tracking of physicians’ performance. The perks of seeking services from AdvancedMD lie in regular checking of coding errors, ease in working with all size practices, and aid with denied claims. Nevertheless, the company does not code claims and charges an extra amount of money in case of emergency situations. Its mobile app is also not supported on Android devices.
Kareo
It is a company designated for meeting the needs of independent practices. It is regarded as the only cloud-based company offering complete medical technology services. It is among the biggest service providers running successfully in 50 states, offering help to patients and aiding physicians. Kareo is a proud company that has earned fame from Practice Management, Deloitte Technology Fast 500, Inc. 5000, and Black Book’s #1 Integrated HER and Medical Billing Vendor. It aims to aid independent practices in the healthcare sector. The perks of seeking services from this company lie in getting access to practice management software. It does not work on contracts, hence making things more comfortable and easygoing. However, there are a few drawbacks too. Its managed billing service requires needs to be activated separately, and Kareo does not claim any follow-ups on basic billing software.
CareCloud
CareCloud is another medical billing company based in the US. It provides physicians with an extensive portfolio of services such as revenue cycle, WEbEHR, practice management solutions, and many other facilities, including data management and transcription. This portfolio added together with the mobile app of CareCloud facilitates physicians and other healthcare providers in enhancing their financial performance and making progress in their business.
The company has been providing services in more than 40 states, to both independent healthcare workers and associations, thus giving proof of their flexibility and reliability. Keeping pace with time, the company keeps on transforming its technology in the healthcare sector. In addition to cost-effectiveness facilities, the company offers consulting services and customizable billing options to its users. However, the startup cost is high, and the app is available on iOS only.
BillingParadise
This medical billing company emerged in the US in 2004 with the aim of facilitating both group practices (such as in clinics and hospitals) and independent practices to enable the smooth running of the organizations in the healthcare sector. The company offers revenue cycle management services to support the organizations in financial terms. RCM consultation help makes decisions on MACRA regulations and RCM automation tools make the data collection and storing easier as well as safer.
Revele
Last but not the least, Revele, is a US-based medical billing company that facilitates its customers with complete billing services, technology, guidance on improving revenue cycle management, transcription, and other services. It takes hold of all the business side duties and leaves the medicine side for healthcare providers, so they can do their job in the best possible way, with comfort and ease. The services provided by Revele works on increasing revenues by controlling costs and decreasing compliance risks.
So, these are the best 5 medical billing companies in the US. All of these are the best in their own way and the services provided by them are worth the cost. So what are you waiting for? Select your favorite one and work together for a brighter future!
