Allegiant is recognized as a trailblazer in the medical billing industry
Allegiant Billing Services
Allegiant is recognized as a trailblazer in the medical billing industry.
Claims Submission
01. Claims Submission:
The medical billing company prepares and submits accurate claims on behalf of healthcare providers to insurance companies or government payers.
02. Medical Coding:
Skilled coders review medical records and assign appropriate diagnostic and procedural codes, ensuring compliance with coding guidelines such as ICD-10, CPT, and HCPCS.
Revenue Cycle Management
01. Insurance Verification:
The company verifies patient insurance coverage, eligibility, and benefits to ensure accurate billing and minimize claim denials.
02. Revenue Cycle Management:
The medical billing company manages the entire revenue cycle, from patient registration and scheduling to claims submission, payment posting, and accounts receivable follow-up.
Denial Management and Appeals
01. Denial Management and Appeals:
They identify and address claim denials, work to resolve issues, and resubmit claims for maximum reimbursement. They also handle the appeals process when necessary.
02. Payment Posting and Reconciliation:
The company accurately posts and reconciles payments received from insurance companies, patients, and other payers, ensuring proper accounting of all financial transactions.
Patient Billing and Collections:
01. Patient Billing and Collections:
They generate patient statements, manage patient billing inquiries, and handle collections to ensure timely and accurate payment from patients.
02. Reporting and Analytics:
The medical billing company provides comprehensive reports and analytics on key performance indicators, allowing healthcare providers to track financial performance, identify trends, and make informed business decisions.
03. Compliance and Regulatory Support:
They stay up to date with healthcare regulations, such as HIPAA and payer-specific guidelines, ensuring billing practices are compliant and protecting patient privacy.
04. Practice Management Integration:
The company may integrate their billing services with practice management software used by the healthcare provider, streamlining workflows and enhancing efficiency.