- 600 17th Street, Suite #2800, Denver, CO 80202
- (888) 938-3491
- [email protected]
Optimize your medical reimbursements and minimize rejections by utilizing our outsourced medical billing services. Our team delivers innovative healthcare solutions and enhances your revenue cycle efficiency.
Initial Consultation - Book an Appointment
Complete the Practice Analysis - Data Collection - Sign Agreement
Complete the Onboarding Process - Comprehensive Services Commence
Watch the Video below to see how CoMed can Benefit Your Practice.
Medical Billing Mistakes
In the United States, medical practices are losing approximately $125 billion annually due to ineffective billing practices. Two significant factors contributing to this financial loss include:
Billing Errors: Research suggests that up to 80 percent of medical bills contain inaccuracies. Insurance companies have strict guidelines regarding billing accuracy, and even minor errors can lead to claim rejections.
Inadequate Compliance with Billing Standards: The constantly evolving rules and regulations surrounding medical billing necessitate ongoing education, investment in software, and staff training to ensure compliance. Failing to stay current with these requirements can directly impact a practice’s cash flow and profitability.
You should be able to focus on providing quality care to your patients without the burden of time-consuming and complex medical billing tasks. Let our dedicated team handle the billing process efficiently, allowing you to prioritize patient care and save valuable time and mental energy.
We understand that every practice is unique, which is why we tailor our services and pricing to meet your individual needs. Our team will carefully listen to your requirements and develop a customized plan that aligns with your goals.
Get your claims to payers within 48 hours.
Reduce the workload of your front desk.
Have an experienced team file timely appeals on your behalf.
Consistent follow-up with payer starting at 45 days.
Service for any payer & specialty.
Get full transparency on all denials received and gain crucial insights on reducing future denials.
Benefit from daily audit of claims submitted.
Stop chasing down non-payment from insurance.
Increase cash flow and eliminate timely file denials.
We’ll work with the requirements of your insurance payers.
Interact with a designated friendly US-based CoMed representative.
See if we’re a good fit.
CoMed effectively mitigates claim denials for healthcare providers, optimizing operational workflows and leveraging cutting-edge technologies. By offering dependable assistance and minimizing denial rates, CoMed empowers providers to prioritize the delivery of high-quality patient care.
We provide valuable updates on industry changes and offer insights into your company's financial performance through our comprehensive range of services.
At our organization, our responsibilities extend beyond invoicing clients; we also diligently ensure the collection of outstanding payments. We are committed to exerting our best efforts in reclaiming the funds owed to us.
A quick phone call is all that is required to determine whether our services align with the needs of your practice. We are capable of commencing assistance within a mere week.
Utilize your current software to ensure seamless operation, avoiding any interruption, extra expenses, or the need for additional training.
We have experience working with more than 15 practice management software systems, including those mentioned above.
If you don’t see your software on the list, please feel free to reach out to us to inquire about compatibility.
Transitioning to a new billing company can often feel like a daunting task. However, we are committed to streamlining this process for you. As a gesture of goodwill, we have decided to waive the usual setup fees, enabling you to become profitable at a faster pace.
Our objective is to surpass the MGMA standards in all areas, and this begins with ensuring exceptional management of your account receivable. By effectively handling claims from the outset, our clients experience an average A/R duration of only 21 days.
Ensure the ongoing financial stability of your practice by reviewing your Key Performance Indicators (KPIs) with a designated friendly US-based CoMed representative. We schedule weekly conference calls with an experienced professional who is familiar with your business and understands your specific needs.
We will evaluate the potential risks that your practice might encounter and offer detailed instructions to ensure your practice achieves full compliance with HIPAA regulations. Our efficient, internet-based solution is user-friendly and has successfully assisted numerous practices, similar to yours, in rectifying any instances of non-compliance.
We specialize in handling coding tasks, relieving you from the burden and allowing you to dedicate your time to serving patients more effectively. Whether you require our services on a continuous basis or for a single occasion, the process is straightforward: submit your notes to us, and our team of certified coders will handle the rest.
1. Initial Consultation:
• Schedule an initial consultation with us to discuss your specific needs and requirements.
• We will gather information about your practice, current billing processes, challenges, and goals.
• You will have the opportunity to inquire about our services and share information about your practice.
• The Business Associate Agreement [BAA] will be provided to you via email to be signed, dated, and returned.
2. Proposal and Agreement:
• Based on the information gathered during the consultation, we will prepare a customized proposal outlining the services CoMed will provide and the associated costs.
• The scope of work, timeline, and any other terms or conditions relevant to the agreement will be clearly outlined.
• The proposal will be presented to you, and we will address any questions or concerns you may have.
• Once both parties are satisfied, the agreement will be finalized, and the contract signed to formalize the partnership.
3. Onboarding and Implementation:
• Once the agreement is signed, the onboarding process will be initiated by gathering necessary documentation and access to relevant EMR/EHR systems.
• We will set up regular communication channels and establish protocols for sharing information and updates.
• The implementation of the agreed-upon services will begin, including transitioning billing processes, coding, claims submission, and follow-up.
• We will provide ongoing support and guidance throughout the onboarding process to ensure a smooth transition and address any issues or concerns that may arise.
