ORC Billing LLC FOR
Seamless Support for Hospital-Owned Physician Practices
Managing a hospital-owned physician practice comes with unique challenges, especially when it comes to billing, compliance, and revenue cycle management. At ORC Billing LLC, we specialize in providing seamless, comprehensive billing and RCM solutions designed to optimize the financial performance of hospital-owned physician practices.
Let us handle the complexities of medical billing, so you can focus on delivering high-quality patient care while ensuring financial stability and growth.
How We Support Hospital-Owned Physician Practices?
We offer full-service billing that covers everything from claim submission to payment posting and denial management. Our seamless process ensures that your claims are submitted accurately and promptly, reducing the risk of errors and delays in reimbursement.
We integrate our billing system with your hospital’s electronic health records (EHR) and practice management software. This integration ensures streamlined data flow between the physician practice and hospital systems, improving accuracy and efficiency in billing.
Our team consists of certified medical coders and billers with extensive experience in hospital-based billing. We ensure that services are accurately coded according to the specific requirements of hospital-owned physician practices, reducing the risk of claim rejections and increasing reimbursement rates.
We conduct real-time insurance verification for all patients, ensuring that services are covered under their insurance plans before treatment is provided. This helps prevent coverage issues and reduces delays in payment.
We handle the entire claims submission and follow-up process, ensuring timely submission, swift resolution of claim denials, and proactive follow-up to ensure prompt payment. Our efficient approach improves cash flow and reduces the administrative burden on your practice.
Our denial management services ensure that any denied claims are addressed immediately. We provide expert guidance through the appeals process, recovering lost revenue and preventing disruptions in your financial operations.
Our financial reporting offers a comprehensive view of your practice’s revenue cycle performance. We provide detailed accounts receivable aging reports, payer performance tracking, and other key financial metrics to help you make informed decisions and optimize practice management.
We handle patient billing with clear, accurate, and easy-to-understand statements. Our patient communication strategies help improve payment collections, reduce patient confusion, and ensure that your practice maintains a positive relationship with patients.
We ensure that your practice stays compliant with all relevant regulations, including HIPAA, Medicare/Medicaid, and insurance requirements. Our team is always up-to-date with the latest billing codes and payer policies to avoid costly penalties and fines.
We offer tailored services that cater specifically to the needs of hospital-owned physician practices. Our team works closely with you to understand the nuances of your practice and provide personalized support for financial and billing challenges.
Benefits of Partnering with ORC Billing LLC:
Maximized Reimbursements:
Our expert billing services help ensure your claims are processed accurately and promptly, leading to higher reimbursement rates.
Improved Cash Flow:
By streamlining claims submission, denial management, and payment posting, we help enhance your practice’s cash flow, reducing delays and outstanding balances.
Reduced Administrative Burden:
With ORC Billing LLC managing the billing process, your team can focus on patient care and other essential tasks, leaving the complexities of RCM to us.
Regulatory Compliance:
Stay ahead of ever-changing regulations with our in-depth knowledge of healthcare compliance, minimizing risk and preventing costly penalties.
Increased Operational Efficiency:
Our integrated systems and streamlined processes ensure that your billing operations run smoothly, improving overall practice efficiency.
Let ORC Billing LLC Be Your Trusted Partner
With ORC Billing LLC, hospital-owned physician practices can rely on a dedicated partner who understands the unique needs of the healthcare environment. We simplify billing, improve revenue cycles, and ensure compliance so that you can focus on what truly matters—delivering exceptional care to your patients.