Cyber Medical Billing and Large Practices Share Common Goals
Accelerated Cash Flow
Precision in Billing and Coding
Enhanced Patient Experience
Comprehensive Denial Management
Strict Compliance Adherence
Significant Cost Reduction
A Strong Billing Infrastructure: The Core of Our Medical Billing Services
Large practices encounter numerous challenges, from patient registration to claims submission and follow-ups. One of the biggest hurdles is managing multiple claims alongside other administrative tasks.
A reliable billing system brings transparency, cost-efficiency, and flexibility, optimizing weak points in the billing process—and this is where Cyber Medical Billing excels. Our services are powered by advanced systems, up-to-date denial management tools, and skilled professionals who offer expert solutions and 24/7 support.
A reliable billing system brings transparency, cost-efficiency, and flexibility, optimizing weak points in the billing process—and this is where Cyber Medical Billing excels. Our services are powered by advanced systems, up-to-date denial management tools, and skilled professionals who offer expert solutions and 24/7 support.
4 Key Metrics We Use to Audit Billing and Optimize ROI for Your Large Practice
These essential metrics determine 60% of your billing process’s efficiency, productivity, and financial success. The data is based on real client experiences.
01Days in Accounts Receivable – 30-40 Days
Accounts receivable tracks claims by measuring the average time it takes for a practice to collect payments. Cyber Medical Billing ensures a lower accounts receivable period, leading to faster reimbursements.
02First Pass Acceptance Rate – 97%
Also known as the first-pass clean claim rate, this measures the percentage of claims accepted on the first submission. We deliver top-tier revenue cycle management to maintain a high first-pass approval rate.
03Net Collection Rate – 98%
This metric reflects total collections from both patients and insurers. We streamline payment processes to ensure timely collections and a consistently high net collection rate.
04Denial Rate – 1%
The percentage of claims denied by insurers indicates the effectiveness of revenue cycle management. We proactively follow up on denials, identify and correct errors, and maximize revenue generation.
Customized Medical Billing Solutions to Optimize Your Billing, Coding, and RCM Efficiency
We know that a one-size-fits-all approach doesn’t work—your large practice needs tailored, transparent, and error-free billing services. Cyber Medical Billing audits your processes, identifies and corrects errors, and tracks all unpaid and aging claims.
Your practice is managing multiple challenges, from patient registration to claim submissions and denial management. We handle your administrative workload so you can focus on providing quality patient care.
Our billing, coding, and RCM systems are designed specifically for large practices. With a 99%+ clean claim submission rate, timely medical claim processing, and daily follow-ups on aging A/R, we help maximize reimbursements.
Your practice is managing multiple challenges, from patient registration to claim submissions and denial management. We handle your administrative workload so you can focus on providing quality patient care.
Our billing, coding, and RCM systems are designed specifically for large practices. With a 99%+ clean claim submission rate, timely medical claim processing, and daily follow-ups on aging A/R, we help maximize reimbursements.
Medical Billing Services to Optimize Revenue Cycle Management for Large Practices
Simplify medical billing complexities and boost both financial and healthcare efficiency by following this streamlined billing workflow tailored for your large practice.
Insurance Verification & Eligibility
Verify insurance coverage and obtain prior authorizations for diagnoses, treatments, and procedures to prevent claim denials.
Patient Registration
Accurately collect, verify, and enter patient information to ensure error-free billing documentation.
Claims Submission
With a 99% clean claim rate, we submit precise claims to maximize first-pass approvals and optimize collections.
Coding & Documentation
Our expert coders ensure accurate diagnostic and procedural coding to prevent errors and claim rejections.
Denial Management
We identify and correct the root causes of denials, ensuring a smoother claims approval process.
Payment Posting
Received payments from insurers and patients are recorded, keeping billing records transparent and informing patients of any co-payments.
A/R Follow-up
We actively track and follow up on pending reimbursements and outstanding accounts receivables.
Patient Billing
Patients receive clear, accurate billing statements for the medical services they’ve utilized.
Education & Outreach
We assist providers in educating patients about their financial responsibilities, promoting timely payments.
Our Streamlined Work Process for Faster Goal Achievement
24/7 Access to Cutting-Edge Technology & Infrastructure
Our advanced billing systems, coding tools, and infrastructure ensure seamless operations while tailoring billing and RCM services for large practices. By outsourcing to Cyber Medical Billing, you gain access to these technological resources without investing in costly software or hardware.
Regular Auditing & Quality Control
We conduct routine internal audits to detect billing inaccuracies and identify areas for improvement. Our proactive approach includes pattern correction, claim double-checking, and quality control measures to minimize revenue losses and maintain accuracy.
Transparent Communication
Effective coordination between insurers, administrative teams, and billing personnel fosters strong partnerships, enhances trust, and eliminates misunderstandings, reducing billing errors and delays.
Industry Expertise & Specialization
Our experienced team of billing and coding professionals ensures precision in claims processing, reducing denials and optimizing revenue. Large practices benefit from our deep knowledge of compliant billing procedures.
Mastery of Complex Coding Systems (ICD-10, CPT, HCPCS)
We stay ahead of evolving regulatory changes and insurance requirements. Our skilled coders are proficient in ICD-10, CPT, and HCPCS coding systems, ensuring accuracy in claim submissions and faster reimbursements.
Add-On Services for a Complete Billing & RCM Solution for Your Large Practice
Maximize your revenue potential and streamline patient care with our add-on services, available individually or as a comprehensive package.
Prior Authorizations
Secure insurance approval in advance to confirm coverage for treatments or procedures, reducing delays, extra costs, and administrative hassle.
Comprehensive Analysis & Reporting
Receive detailed reports and audits to track revenue cycle performance, identify areas for improvement, and make data-driven decisions.
Eligibility & Benefits Verification
We verify patient insurance coverage, eligibility, and benefits to ensure a steady cash flow and minimize claim denials.
Credentialing
Our credentialing services simplify the process of verifying physician qualifications, licensing, and authenticity, helping your practice remain compliant and efficient.