Mercurays offers quality medical services as we focus on every aspect of the medical billing. Our team of composed medical billing specialists working towards timely responses which will lead our clients for timely settlements.

Revenue Cycle Management:

We provide expertise, services, and innovation in revenue cycle management to help our physicians meet their most important financial performance goals. With extensive knowledge of every phase of the revenue cycle, we provide flexible, crucial solutions tailored specifically to the requirements and difficulties of a physician.

Our billing staff is dedicated to offering top-notch, end-to-end RCM solutions all year round. By tailoring our services to each client’s needs, our RCM approach boosts revenue and eliminates ineffective resources for hospitals and third-party medical billing businesses.

Medical Coding:

Medical Coding

At Mercurays, we have a staff of qualified medical coders and auditors who rigorously adhere to federal and AAPC and AHIMA laws. They can assign the correct codes with extreme care thanks to their in-depth understanding of the coding industry and their exact analytical abilities. For precise and thorough analysis, our Service Quality Procedure follows all the steps with a variety of audit methodologies that are suited to the client’s needs. We strive to provide our customers with excellent services by following below steps:

  • There are Knowledge Enhancement training sessions
  • Periodic evaluations of our auditors and coders
In addition to being well versed in ICD-10, CPT, and HCPCS coding across a wide range of coding specialties, our staff also undergoes extensive training on recent updates and revisions.

Billing Services:

Medical billing

Medical billing, insurance follow-ups, claims processing, and other administrative tasks can take time away from practising medicine. Patients rely on healthcare providers, and the billing process is critical to their business operations. Medical billing services that are efficient are critical for support and a successful revenue generation cycle. For the most efficient solution, choose to outsource your administrative needs to a seasoned medical billing company.

You can lower operating costs while enhancing patient care with the appropriate medical billing services. We are aware that healthcare providers deal with issues including missing charges, undercharging, non-reimbursed errors, coding mistakes, and more, which cause a considerable loss of income every year. Because of this, we have created our medical billing consulting services to prevent errors and offer precise deliverables.

Transcription Services:

Our staff is made up of the most knowledgeable and professional people that can offer a solution that is specifically tailored to your needs. By outsourcing your healthcare transcribing needs to us, you can concentrate on patient care and deliver the best possible customer service. Our transcribing solutions combine security, flexibility, and accuracy to fulfil the demands of varied healthcare providers.

To handle your healthcare documentation, do you lack trained and experienced medical transcriptionists? Do you struggle to concentrate on your primary tasks and patient care because chart recording takes up too much of your time? Because of your duties in medical transcribing, are you suffering from workplace burnout? So outsourcing your demands to an established medical transcription business would be the best course of action for you and your medical practise. If you outsource, you will have access to skilled personnel and be free to concentrate on your main business operations.

Demographics of the Patients:

A crucial element that is fully dependent on precise demographic and charge information entry is timely and maximum reimbursement. In order to apply six sigma approaches to address problems as they appear, critical errors brought on by clerical errors are given top attention. For the success of ensuring clean claims and high productivity, our committed team enters data quickly and properly, which is essential.

Enrolling Providers:

We can help you get credentialed and recertified so you can keep your medical practice running smoothly. Our credentialing experts have been working in the medical field for over a decade, and they have experience with running medical offices.

Gather all the information and paperwork needed from the doctors to submit credentialing applications. Put the documents in a central location on our safe document management platforms. Recognize the principal payors to whom the practise sends claims and make contact with them. Use the payer-specific formats following a required audit.

Quick follow-up with the Payer to determine the status of the application Obtain the Payer’s enrollment number and inform the doctor of the application’s status. periodic document library refreshes for credentialing objectives.

Posting of Payment:

The medical billing system posts payments from patients and insurance providers to the patients’ accounts. The posted payments are compared to the deposit slips to ensure payment accuracy. In addition, the system posts electronic payments into the medical billing programme and stores the EOB files for future use. The below process will help you understand the billing process and increase your revenue:

Reconcile data from the EOB and the ERA to make sure that payments correspond to the data on the two documents.

Dealing with denials requires quickly notifying the appropriate coding and denial management team and redirecting denied claims to them for revision and resubmission to payers.

Let us know your thoughts on patterns including denials, uninsured treatment, prior authorizations, and problems with deductible or co-payment collection at the point of service.

Faster patient billing is made possible by patient responsibility, which involves locating and shifting balances to the patient’s account.

We handle write-offs and adjustments when processing payments, and report any atypical contractual adjustments.

Accounts Receivable:

Our accounts receivables management function is designed to be a complete solution to cash flow issues and works as an extension of your business section. The goal is to recover funds owed to you as soon as possible by identifying and improving processes that can improve efficiencies at each stage of healthcare revenue cycle management while adhering to industry best practises.

HIPAA COMPLIANCE:

Mercurays, LLC follows HIPAA Compliants: The Health Insurance Portability and Accountability Act of 1996 (HIPAA) rules provide a framework for protecting patients’ and other health plan members’ privacy. HIPAA privacy regulations allow covered healthcare vendors and health plans to securely exchange information for treatment, payment, and various other healthcare operations. HIPAA compliance is thus a sign of a vendor’s credibility and expertise.

There are numerous HIPAA regulations, but those pertaining to security, privacy, and healthcare compliance are regarded as the most important by medical outsourcing organisations.

Mercurays, LLC goes out of our way to ensure that security and confidentiality in client relationships are met perfectly and are given the same importance as the projects themselves. Some of the key features that make us a reliable partner for your healthcare outsourcing needs are listed below.

  • System Security Standards Followed
  • HIPAA Training and Updates giving to all the Employees
  • Paperless Environment
  • Data Security Standards Followed
  • Background Checks on Employees