Revenue Cycle Management
Navigate through your Billing challenges and boost revenue by partnering with NEO MD
Evolving solutions, rich in eliminating billing errors that fit your
practice’s smooth revenue cycle management.
Reduction in A/R
Smart Revenue Cycle Management Solutions
Every hospital or healthcare system is not the same, so why settle for a generic RCM solution? NEO MD is an all-in-one RCM service that offers a customized solution unique to your health system’s needs. Our Medical Revenue Cycle Management experts are available around-the-clock to ensure quick collections and prompt reimbursements, uncover all revenue opportunities and minimize denied claims.
The practices employing the NEO MD Medical Billing platform may provide the best possible treatment while enhancing patient satisfaction and healthcare outcomes. Our experts pursue claims for maximum reimbursement, following up on denied and down-coded claims. Claims are followed up systematically and quickly.
Why leading healthcare organizations partner with us?
NEO MD Medical Billing
Why Outsource Medical Billing Services to NEO MD INC
With over 15 years of dedicated revenue cycle management services in the medical billing industry, we only focus on getting our clients paid. Our key features include the following:
- Reduce your Practice management costs by 40%.
- First level of Claim Acceptance Rate (95-98%)
- 100% HIPAA compliance
- Review of diagnosis coding
- Free Medical Billing Audit
- Real-time transaction audits
- Obtaining authorizations & extending authorization
- Rejection follow-up within 24 hours
- Timely payment posting to reflect accurate AR
- Claims submission within 48 hours of receiving proof of delivery
- Methodical and proactive AR follow-up
- Successfully opening Insurance Penal for Providers
- Denial management based on detailed analysis
- Customized reporting
Evolving state-of-the-art billing strategies for all medical specialties fully compliant with HIPAA regulations and CMS Quality matrix.
What our clients say about us
I would highly recommend NEO MD for medical billing services. Their professionalism and attention to detail are phenomenal. All personnel are courteous, helpful, and knowledgeable, with excellent customer service. Accounts Receivable have increased with very good follow-up on unpaid claims. It’s been 2 years; Neo MD has given me peace of mind.
Our transition to NEO MD has been everything we expected… efficient, professional, and a learning experience. Over the last 3 years, NEO MD has uncovered additional revenue opportunities that were previously being left on the table. I highly recommend NEO MD as one of the best revenue cycle management companies, as it turned my drowning processes into productive ones.
I am writing this in regard of appreciation for the amount of efforts your billing staff has been put forth in the last few years. Quite recommendable! My overall collections have been tremendously doubled. Your continuous cooperation and expertise are highly appreciated
I started working with NEO MD last year, frustrated enough after two years of my previous experience with another billing company that was recommended by my colleagues. I shifted my interest towards Neo and it turned out to be the best choice so far
NeoMD dealt with my credentialing. The interaction was exceptionally smooth, they sent me the checklist when I signed up. Rest handled by their experienced resources and I was signed up with the insurances
DR.KIM MIN MU
I have been a client of Neo MD for about 3 years now. I feel incredibly fortunate to have such an outstanding group to handle the billing for my Home Health Agency. Over the previous years, as I have seen my revenues increase as a direct result of intelligent billing. NeoMD’s competent staff has remained unfailingly professional, cordial, and pro-active in dealing with our facility and has made a positive difference in our bottom line. Keep up the good work.
Surprisingly, Neo Md Inc credentialing team enrolled my Practice with Medicare and Medicaid within three weeks. I am really overwhelmed with their credentialing service and now have given them my Medical Billing too. Talking about the team in particular, I have found them energetic and knowledgeable in their domains with extra ordinary communication skills. Over all, a top-notch team of experts
Without reservation, I would recommend NEO MD, the best RCM company.”
I appreciate your prompt results on my Medicare inquiry. And I appreciate the quality work that you and your team have provided to the practice. We tried a couple of different insurance posting options before contracting with your company. We are delighted that we found your revenue cycle management company to assist us. We find your reports timely and informative. I will recommend your services, without reservation, to any of our physician friends who might be looking for a more reliable medical billing service.
Dr. Rock Arnold, DO | Mesquite, California
Reliable Billing Service saves our practice tens of thousands of dollars.
NEO MD Experts’ role has been vital to the success of the Highland OBGYN practice. NEO MD was able to take on our account quickly and has transitioned our practice from one software to another with little downtime, ultimately saving our practice tens of thousands of dollars. The NEO MD Medical Billing team has been the partner in my growing OBGYN practice as needed. Most important for me is their ability to provide us with redundancy when we otherwise wouldn’t have it. I couldn’t be more thankful for their dedication to our practice. Additionally, I thank their RCM Specialists, whom I think to provide unrivaled services compared to other revenue cycle management companies.
Mark Lowney OBGYN | Southcoast Health
We have been utilizing NEO-MD services for the past two years to get our practice compliant with MIPS reporting, and they have done a great job! I would recommend them for MIPS Reporting no matter which specialty you belong to.
I had the opportunity to work with Slade Wilson from NEO MD to assist me in our MIPS Healthcare compliance with CMS Regulations. Slade and his team were very professional and extremely helpful. As a result of working with him, we successfully got incentivized. The process was online, which saved tremendous time. I would certainly consider Slade and his team for ongoing MIPS Consultant Services! Additionally, they have been working with my practice staff to get them trained on the measures recommended by CMS.
Dr. Elizabeth, Nephrologist, Texas.
Managing the documentation required for submitting claims and receiving timely payments was difficult. I enhanced the billing procedure and total collections thanks to NEO MD. They carefully consider each claim and correctly submit it. Additionally, their medical front office staffs are fantastic; they gave me enough free time to take care of patients and other activities.
Dr. Elizabeth, Nephrologist, Texas.
What Makes Us Different
As a leading Medical Billing company with a personal, high-touch service, we brought the most innovative and thought-advancing experts in medical billing and revenue cycle management together to progress this industry into the modern, technological age. NEO MD aims to provide analysis and professionalism unrivaled by other Medical Billing Companies.
Medical Billing FAQ'S
Authorization in medical billing (prior or retro) may be obtained in a number of ways, including but not limited to electronically (by submitting a specific form) or over the phone (over the call). CPTs and ICDs are required items that must be authorized.
Electronically: – While submitting the medical billing authorization form electronically, all insurance guidelines are considered i.e. (filling all mandatory columns/boxes),
Telephonically: – Through call authorization, only mandatory information is communicated to insurance.
NP (Nurse Practitioner) claims may be submitted through many ways out of which 02 are listed below”-
[A] By adding Nurse Practitioner information in box number 24-j and NP signature in BOX 31 of CMS-1500 and refereeing provider information in BOX 17.
(Referring provider is a supervisor physician under whom supervision NP is providing services).
[B] By adding Supervisor physician information in box number 24-j and Supervisor physician signature in BOX 31 of CMS-1500. Medical Records signed by NP and countersigned by Supervisor physician.
Revenue cycle management in medical billing is the financial process healthcare institutions use to track patient care events from registration and appointment scheduling through final payment of a balance using medical billing software.
Cardiology Medical Billing is similar to many other medical billing systems. However, it is a little more complicated for physicians and billing service providers.
The system works as follows: The patient arrives for treatments, and following pre-authorization by a staff member, the patient receives treatment and pays charges for services. If he is insured, his insurance company is responsible for paying for the treatment.
Cardiology Coding nowadays comprises parts of Interventional Radiology, Endovascular surgeries, Electrophysiology, an array of diagnostic tests, and E&M services. Each one comes with its own set of complicated and confusing rules. Expert Coders will make sure to use the correct documentation and coding in order to improve the billing process and also to help with reimbursements.
Many cardiac healthcare practitioners and organizations experience several denials due to Cardiology Medical Billing and coding issues. Consequently, practicing Cardiologists should be aware of Cardiology Medical Billing procedures.
It enables you to identify communication gaps between physicians, nurses, billers, and Coders. Any mistakes in a healthcare practice’s processes and procedures might result in denied claims and delayed reimbursements.
A cardiologist may do heart catheterizations, angioplasty, pacemaker insertion, and other procedures, as well as a range of tests. A cardiologist is part of the broader field of cardiovascular specialists. There are many various kinds of cardiovascular specialists, and a cardiologist is one of them.
Urology Medical Billing is the mechanism through which clinicians bill insurance companies for services delivered to patients. Medical billing and coding specialists provide predefined codes for various procedures. Due to the nature of its codes and terminologies, billing for Urology services can be more complicated than other specialties.