We chose AdvancedMD from a pool of dozens of medical billing services. To learn more about our full methodology and for a more comprehensive list of medical billing companies, see Business News Daily's best picks.
Medical billing is difficult for any practice, but especially large ones. After scaling, medical practices have to keep track of a lot of outstanding claims and patient statements, all while keeping day to day operations running smoothly. Given the complexities of revenue cycle management (RCM) in the healthcare industry, running billing in house can be quite an expensive challenge. Luckily, there are outsourced medical billing services that can take the burden of RCM off your hands and allow your staff to focus on patients instead of billing.
Our best pick for medical billing services for large practices is AdvancedMD. Pricing varies depending on the size of your practice, the number of monthly collections, number of providers and number of patient encounters. Pricing is a percentage of monthly collections and includes any implementation or training fees. Advanced MD also includes free access to their electronic health record (EHR) system. AdvancedMD's medical billing service offers a thorough billing and scrubbing process designed to capture a higher than industry average amount of errors prior to submission
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