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Medical Billing Services​

We Charge as low as 4% of Your Practice Collection

Sybrid MD is introducing a revolutionary approach by providing medical billing services for Small Practice and Mid-Sized Practices to ensure providers are properly reimbursed for their services. Our Billing Experts will streamline your billing by accurate use of ICD-10 codes and claim scrubbing to validate claims that are appropriate and accurate before submission.

How We Offer The Services

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Charge Entry

Our medical billing service guarantees an accuracy of over 98% within a 24-hour time frame of receipt.

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Timely Claim Submission

Sybrid MD process and submit the claims to the insurance company within 48-hours of receiving the patient encounter forms.

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Payment Posting

We record all the patients’ benefits and insurance payments with our medical billing services to maintain accurate accounts receivable.

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Reporting & Statements

Sybrid MD strives to keep your 60-day outstanding accounts receivable below 20%, and 120-day accounts receivable below 10%. Sybrid MD follows up with each insurance company based on its specific payment schedules.

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Insurance Collections

Sybrid MD strives to keep your 60-day outstanding accounts receivable below 20%, and 120-day accounts receivable below 10%. Sybrid MD follows up with each insurance company based on its specific payment schedules.

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Claim Scrubbing

Our medical billing service scrubs the claims to ensure that all relevant information for processing is included. If claims have to be re-filed, we will do so without any charge to the client.

Start your free, 30 day trial today!

Start your practice with our assistance without paying any setup charges or any cost other than our service fee. Sybrid MD’s services are not software-dependent and we work seamlessly with all practice management tools. Contact Us or Request a Free Quote if you are interested in our Cardiology Billing Services, our support team is available 24/7 to answer your queries for free.

Watch How Easy It Is To Manage Your Medical Coding with Sybrid MD

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Why Outsource Medical Billing Services to Sybrid MD

Sybrid MD employs a highly trained billing staff that can remotely handle specialty billing with remarkable efficiency and accuracy. The company has served more than 100+ practices in 22 states. Outsource medical billing services to a team that works closely with providers to decrease the stress of the billing and boosting the revenue collections. Our support team is available 24/7 to help our clients in a personalized way, listening to their problems, and providing the best results.

FAQs

The medical billing cycle is a process that starts with patient appointment, entry, eligibility check, coding, charge entry, and moves on to claim submission, payment posting, AR review, and denial management.

RCM (Revenue Cycle Management) is a system to get through with the financial transactions between patients, healthcare providers, and payers. Clinical administration manages the revenue cycle starting from patient registration, payment posting, and the exchange of information between patients’ statements and payment systems. 

AR (Accounts Receivable) is a term refers to tracking claims, chasing revenue collection, and compiling a record of cash flow. AR is vital for health practices to follow-up the claims submitted and with the insurance companies, for revenue recovery optimization.

The percentage that you will be charged is usually governed by the variable e.g. the types of medical procedures, the tax rate in your state, and the volume of patients. On average it’s 7.9% of the whole accumulated medical revenue. Some companies offer no setup fee but some charge from $250 to one thousand.

  • Registration of patient
  • Eligibility check
  • Patient encounter
  • Prepare medical claims
  • Medical coding compliance
  • Claim scrubbing 
  • Claim submission
  • Payer Adjudication
  • Patient’s statements
  • Follow-ups
  • Payment posting
  • Reporting

You need to have a documented proof like a copy of your medical record to show the error and the take it to your financial counselor at the hospital. Furthermore, you need to scan the printout of your bill carefully and check if some items have been doubled and you are charged twice for the services you got because it is the most common error in medical bills.

EMR (Electronic Medical Record) and EHR (Electronic Healthcare Records) is an electronic healthcare software that carries the record of patients’ complete health-related information. EHR functions as a digital system to handle patient visits, storing health records, and connects with ePrescribe and laboratories. EHRs are further capable of integrating patient portals and billing systems.