Graphic: Physical Therapy Medical Billing Software and Physical Therapy Documentation Software to Enhance Receivables Management

Therapy Medical Billing Software from SourceMedical Helps Streamline Receivables Management

  • Insurance Follow Up
    We follow up on outstanding insurance claims based on payor-specific collection philosophies. First, follow-up with the carrier occurs within 21 days of original claim submission. All claim follow-up is done by telephone contact and our account Follow-Up Specialists keep track of carrier-specific requirements to reduce claims rejections. We carefully track and document the status of all unpaid claims so you can maintain accurate status at all times.
  • Patient Billing
    Our physical therapy software prepares statements that are sent to self-pay patients and to all patients with outstanding account balances greater than $3.99. We bill and track arrangements accounts on a monthly basis. You decide if, and when, to start Bad Debt Collection activity and we will handle the rest.
  • Payment Posting
    We encourage our clients to utilize Electronic Funds Transfer when available and we take care of downloading electronic remittances from the clearinghouse or obtaining EOBs directly from your financial institution. We perform line-item posting of insurance payments to claims and patient payments are posted directly to accounts receivable.

 

 

Physical therapy documentation software and physical therapy medical billing software from SourceMedical help streamline receivables management.