Your Family Practice Billing Company A Family Practice billing company should increase your reimbursements. In fact, a family practice billing service should be more efficient and effective at billing than your own office. A Family Practice billing company should let you and your personnel focus on practicing medicine. They should also be able to make your practice more profitable than if you did billing in-house. According to industry experts, a claims adjustment rate of between 20% and 35% is considered good and acceptable. At 5 Star our account executives have an average of eight years in family practice billing. Their knowledge, ability, and dedicated follow-up is why at 5 Star our adjustment rate is consistently lower, as low as 12% with Medicare. At 5 Star we achieve A/R rates for our practices that are higher than the industry average. Simply put, you and your practice will get a higher average return per processed claim. XyberMed Billing Services is more than a claims processing center because we offer multiple benefits and services. Our state-of-the-art billing system daily generates your claims, which are accurately coded and electronically submitted. Once your superbills are processed, payment can be received in as little as ten days, not three months.
A Family Practice Billing Company Should Help Reduce Your Expenses Our clients reduce their office expenses by using our services and software. All you need is a PC and access to the Internet. Our practice management software is all-inclusive, even over the internet, and is part of our standard service. There are no costly software updates or support fees. There are no hidden costs or additional charges. Preferred Health Resources is unique in the field of medical billing. We offer a complete business solution to your medical billing and practice management needs, and we do it all for one fee. All the Services and Benefits you receive are included, even your overnight mail for shipping your demographics.