Quality Medical Billing Solutions

"Quality over Quantity"
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QMBS Difference
 
Much more than a billing service, Quality Medical Billing Solutions (QMBS) provides you with state of the art technology, outstanding customer service, financial confidence and ease of use. QMBS ensures that every service and procedure is coded to the optimal level and every claim is prepared and submitted in a manner that makes delays and denials rare. Simply stated, QMBS provides you with immediate acceleration of claims payments.
 

 

REDUCED Overhead

 

Your in-house billing staff is paid salaries and benefits regardless of your practice's actual daily income. Eliminate the expense of hiring and providing benefits to a full time administrative employee. Keep overhead costs for software, computers, phone bills, office equipments and forms/postage supplies to a minimum. You will never have to buy your own server or deal with costly software and hardware maintenance contracts. No periodic software updates or trainings for your staff, no need to back up data each day. This is all done automatically for you by QMBS. With QMBS it's like having a highly productive and motivated employee with no worry of payroll taxes, vacation pay, sick day wages or employee benefits.

 

 

FOCUS on Financials

 

Comprehensive, timely financial information is vital to your practice. To help you achieve this goal, we provide you with customized month end reports that gives you a fair analysis of as to where your receivables stands. Our Billing System includes a dynamic "Report Generator". With QMBS, you will have access to the following reports –

  • Collection Details by Procedure Code

  • Collection Summary by Provider

  • Collection Summary by Procedure Code

  • Collection Details by Insurance Type

  • Patient List by Primary Diagnosis

  • Procedure Code Reimbursement

  • Remainder Statement (with Aging)

  • Remainder Statement (Insurance Pending)
  • Other detailed reports available upon request.

 

 

INCENTIVES to Increase Revenue

 

At QMBS, our revenue is directly linked to our ability to increase our clients' revenues. Your in-house billing staff has no real incentive to increase practice revenue. Quality Medical Billing Solutions has a dedicated team whose goal is to use the most recent billing resources and to stay current with the latest billing protocols, changes in codes, etc. QMBS increases your profits by making sure claims are coded, billed and reimbursed correctly according to the payer specifications.

 

 

ACCELERATE Cash Flow

 

Our electronic claims and fast reimbursement strategies enhance cash flow and reduce days in accounts receivables. Below is the flow chart to explain how just by transmitting claims electronically will reduce the processing time over paper claims. This itself will accelerate your cash flow and increase your revenue significantly. In addition to that our state of the art software allows us to recognize the reasons for denials immediately, correct common errors and then resubmit edited claims for payment.

 

Quick resolution of denials allows us to better manage claims status and work closely with payers for timely payment. The end result is "faster resolution of denials and higher revenue".

 

 

Typical Flow of Manual / Paper Claims

 

 

Total Time: 30 to 90 days if no rejection
45 to 90 days if rejection

 

 

 

 

Electronic Claims Processing {ECP} will turn this around.
Most ECP Claims are processed in 5 to 21 days.

 

 

Average Time: 5 to 21 days