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Medical Billing & Coding

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Medical Billing and Coding Services

Revenue Cycle Optimization

Macro’s Billing Solution is a totally customized solution that fully focuses on your requirements. It provides comprehensive solutions including some parts of practice management also, which in turn helps you to focus on the quality of care you provide to your patients and maximize your revenues. It eliminates redundancies and unleashes efficiencies and savings that we pass along to our customers.

Since we understand that every facility has unique needs and requirements, we provide customized solutions devised after thoroughly exploring your needs. Our Billing Solution helps you to choose all or a few from the services listed below as per your requirements.

  • Patient Scheduling.
  • Insurance Eligibility Verification.
  • Patient Demographics Entry.
  • ICD, CPT, and HCPCS Coding.
  • Charge Posting (Same-Day Charge Billing).
  • Claims Submission – Electronic Billing & Paper Billing.
  • Payment Posting.
  • Denial Management & Appeals.
  • Patient Statements.
  • Accounts Receivable.
  • Faxing to referring physicians.
  • Contact Center for Patients’ billing questions.
  • Credentialing and Contracting.

How the Medical Billing & Coding system works?

What are steps involved?

Many Problems – One Solution!!!… Macro Outsourcing Pvt. Ltd.

Why Outsource?

There are many compelling reasons why outsourcing your medical billing needs to a professional medical billing and coding company makes sense.

  • Medical Billing Specialists’ Salaries.
  • Medical Billing Specialists’ Employee benefits, taxes (federal, FICA, unemployment, etc.), and workers’ compensation insurance. spanLimited access to experienced coders/professionals.
  • Training and re-training.
  • Management and administrative costs.
  • Human resources for recruiting and handling turnover.
  • Office space, utilities.
  • Equipment and software, including acquisition, upgrades, depreciation, and maintenance.
  • Technical support.
  • Your time.
  • Your opportunity costs.

Some of these are typically overlooked when calculating the true cost of in-house billing. Comparing to these true costs generally makes a strong case for outsourcing medical transcription with cost savings typically estimated to be in the 20-40% range.

How You Benefit?

  • Cut your costs.
  • Benefit from time zone advantages.
  • Concentrate more on your core business.
  • Take patient care to the next step with our faster deliveries.
  • Improved patient satisfaction.
  • Access our specialized services.
  • Stay immune to high employee turnover levels.
  • STOP worrying about rising employee costs.
  • STOP worrying about your accounts receivables.
  • Stay immune to the following problems:

    Billing staff’s tendency towards concentration on current claims after numerous attempts to recover older claims have failed.

    Incomplete collection efforts.

    Continued depreciation of old claims.

    Delayed insurance and patient payments.

    Rising internal recovery costs and practice expenses.

    Continued restriction of cash flow.

Advantages

Advantages Of Outsourcing Your Medical Billing & Coding Services To Macro
  • Cost Efficient.
  • Utilizing Six Sigma techniques, we guarantee same day Charge Posting, Insurance Billing, and Payment Posting, which in turn ensures revenue cycle optimization.
  • Our process of error-free billing reduces denials to less than 5%.
  • Our trained and experienced AR Staff follows through each pending and denied claim rigorously, to include all required appeals, until full payment has been obtained.
  • With our varied experience across various practices, regions, and specialties, we might be of support to you to identify and eliminate problem areas in your practice management and thus reduce expenses, increase cash flow, and optimize your revenues.
  • HIPAA compliant security for patient and financial data.
  • Access to a talented pool of professionals.
  • No major IT restructuring, training, or investment required.
  • No major IT restructuring, training, or investment required.