Claims received from your practice are entered into Sybrid MD’s billing software for further processing. We guarantee an accuracy of over 98% within a 24-hour time frame of receipt by automating your billing flow, perfect handling of patient data, service eligibility check, and fast communication with the insurance carriers: our Cardiology Billing Services would transform your practice into a cost-effective and profiting specialty.
Claims sent to insurance companies with incomplete information are denied. Re-filing is a time consuming and a labor intensive process. Sybrid MD scrubs the claims to ensure that all relevant information for processing is included. All incomplete information is followed up with the practice. If claims have to be re-filed, we will do so at its own cost at no charge to the client.
Insurance & Denial
Claims not paid beyond a certain date are flagged and followed up on to ensure collection. Sybrid MD follows up with each insurance company based on their specific payment schedules. We strive to keep your 60-day outstanding accounts receivable below 20%, and 120-day accounts receivable below 10%.
Sybrid MD enters all explanation of benefits, patient payments, and insurance payments into our billing software to maintain accurate accounts receivable.
We send out customized statements to patients with balances due on their accounts.
Support your staff’s entire practice workflow including managing patients, uploading documents and sending secure messages.
Timely Claim Submission
Within 48-hours of receipt of patient encounter forms (either in paper or electronically), we process and submit claims to the insurance company.
The doctor in your practice will be provided with a weekly practice scorecard. The scorecard will contain details of revenue booked, revenue collected, revenue outstanding etc. Ad hoc reporting can also be provided as needed.