Coverage Discovery - Medical Billing Services in USA

Coverage Discovery Services Increase Revenue

The amount of revenue that has been lost due to uncompensated care is in the hundreds of billions. Med Square Revenue’s Coverage Discovery team tracks down coverage that patients may not even know they have and gets all possible reimbursements for our clients.

Coverage Discovery Services Increase Revenue

Patients’ inadequate or nonexistent insurance covers a large portion of the money lost to uncompensated care. Because of negligence or overworked internal medical billing staff, another portion is just never billed. However, it’s estimated that up to 10% of the write-offs of self-pay accounts actually come from government health care programmes or billable insurance. This is a major portion of the providers’ income that has proven hard to recoup thus far.

How MSR's Coverage Discovery Service Works?

Clearly, it would be impossible to manually research all the possible payers for each individual patient. Coverage Discovery makes use of software tools designed specifically for the task. By automatically checking for coverage when a patient indicates they are self-pay, we are able to benefit both the patient and provider if any level of coverage is found. The tools include advanced search features, automatic claim scrubbing, a huge database, and algorithms designed to eliminate incorrect conclusions and false-positive results.

Patient Preauthorization

With our Med Square Revenue billing services, you will get prior authorization from the insurance to perform a procedure and get reimbursement accordingly.

Step 1

Eligibility & Benefits Verification

Our medical billing specialists verify patients' eligibility and benefits to ensure full insurance reimbursements.

Step 2

Claim Submission

With the Med Square Revenue clean claim submission process, you may enable a 99% claim success rate. Our professionals in coding and billing guarantee that your claims are paid correctly.

Step 3

Payment Posting

To improve the cash flow of the medical practice, our professionals proactively post insurance reimbursements and patient payments in medical billing software.

Step 4

A/R Follow-Up & Denial Management

We follow up often to manage denials effectively and monitor your accounts receivable (A/R) to increase the rate of collections.

Step 5

Medical Billing Audit

Med Square Revenue medical billing audit helps you track and improve the claim processing and payment posting to maximize your practice revenue.

Step 6

Specialties We Serve

Orthopedic-Specialty

Orthopedic Billing More patients, more impact, more time with industry-leading orthopedic medical billing services.

Cardiology

Cardiology billing service that boost revenue and reduce denials for fast reimbursements.

Mental Health

Achieve your business goals with our comprehensive mental health billing services

Urology

Experience unmatched growth by outsourcing your urology medical billing to Med Square Revenue LLC.

Nursing Home

Nursing Home Billing Services We have what it takes to get reimbursement for your nursing home facility.

Hepatology

Take your hepatology practice to the next level with our comprehensive billing services.

Anesthesia Billing

Get paid what you deserve with Med Square Revenue accurate anesthesia billing services.

Allergy & Immunology

Allergy & Immunology Enhance your immunology practice with our integrated billing services.

What Clients Says About Med Square Revenue?

We are proud to have helped our client reach their business goals, and we appreciate the kind words they have shared about our services.

We have had excellent experiences with Med Square Revenue. Their customer support services enable us to generate more income.

Savannah Nguyen

CEO, ARK Medical Labs

First-through pass rates are excellent, income has increased by 30% and we have full process visibility. 

Albert Flores

CEO, CENTRAL CLINICAL LABS

Ready to Get Started with Medical Billing Services?

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