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Medical Billing and Coding for Hospitals & Health Systems: Limpid
How Our Medical Billing Process Works
We have No Binding Contracts or Setup Costs:
- We give the utmost flexibility with no binding contracts. Instead, we operate under a HIPAA-compliant service agreement known as the "Business Associates Agreement," appointing Limpid as your trusted billing services group.
We can Start Immediately:
- Your billing can kick off immediately with us, ensuring no downtime for your practice.
We Adjust to your Billing Requirements:
- We operate at a flat hourly rate, eliminating all overhead and headache. Our billing services align with the specific volumes of patients and medical billing activity your practice needs on a weekly basis.
Simple Onboarding:
- We DocuSign a Service Agreement which simply appoints us as your billing agents for HIPAA compliance.
- We do a Kick-Off Call as early as the next day to introduce your Medical Billers.
- They start conducting the billing, coding, and collections for your practice highly efficiently and you can guide their workflows.
Limpid offers unparalleled expertise in reducing billing costs, resolving denials and A/R collections issues, and managing overhead while optimizing revenue cycles for hospitals and health systems. Our specialized medical billing and coding services cater to the complex needs of large healthcare organizations, ensuring efficient and cost-effective billing solutions. Clients typically see a 15% revenue increase with our comprehensive RCM services. Operating around the clock, we provide 3X the billing power of traditional 9am-5pm services, making us a highly affordable and integrated partner for hospitals and health systems.
- Industry-leading rates start at $12 per hour for RCM Specialists -OR- 3% for a Full RCM Team
- No long-term contracts or setup costs
- 24/7 live support
- Credentialing expertise
- Free comprehensive revenue cycle analysis
- Custom weekly reports
- Only RCM company with a 60-day money-back guarantee
Complex Billing Challenges for Hospitals & Health Systems
Hospitals and health systems face a myriad of billing challenges due to the extensive scope of services, multiple departments, and varied payer requirements. Key issues include managing diverse billing codes for numerous services, dealing with high volumes of claims and potential denials, and maintaining accurate and comprehensive patient records across different departments. The complexity of billing for inpatient and outpatient services, combined with the need for coordination between various specialties and departments, often results in delayed reimbursements and increased accounts receivable.
Why Limpid Is the Ideal Choice for Hospitals & Health Systems Billing Services
Limpid is adept at navigating the intricate billing landscape of hospitals and health systems. Our medical billing and coding services are tailored to address the unique challenges of large healthcare organizations, ensuring efficient management of diverse billing codes and streamlined revenue cycles. We help minimize claim denials and optimize billing processes, leading to an average 15% increase in revenue for our clients. With 24/7 operations, we provide 3X the billing capacity of conventional 9am-5pm providers. Our rates start at $12 per hour for RCM specialists or 3% for full RCM services. Limpid offers no long-term contracts, 24/7 live support, credentialing expertise, free revenue cycle analysis, custom weekly reports, and a 60-day money-back guarantee, making us a leading choice among medical billing companies in the USA for hospitals and health systems.