Much more than a billing service, Quality Medical Billing Solutions (QMBS) provides you with state of the art technology, outstanding customer service, financial confidence and ease of use. QMBS ensures that every service and procedure is coded to the optimal level and every claim is prepared and submitted in a manner that makes delays and denials rare. Simply stated, QMBS provides you with immediate acceleration of claims payments.
Your in-house billing staff is paid salaries and benefits regardless of your practice's actual daily income. Eliminate the expense of hiring and providing benefits to a full time administrative employee. Keep overhead costs for software, computers, phone bills, office equipments and forms/postage supplies to a minimum. You will never have to buy your own server or deal with costly software and hardware maintenance contracts. No periodic software updates or trainings for your staff, no need to back up data each day. This is all done automatically for you by QMBS. With QMBS it's like having a highly productive and motivated employee with no worry of payroll taxes, vacation pay, sick day wages or employee benefits.
FOCUS on Financials
Comprehensive, timely financial information is vital to your practice. To help you achieve this goal, we provide you with customized month end reports that gives you a fair analysis of as to where your receivables stands. Our Billing System includes a dynamic "Report Generator". With QMBS, you will have access to the following reports –
Collection Details by Procedure Code
Collection Summary by Provider
Collection Summary by Procedure Code
Collection Details by Insurance Type
Patient List by Primary Diagnosis
Procedure Code Reimbursement
Remainder Statement (with Aging)
Remainder Statement (Insurance Pending)
Other detailed reports available upon request.
INCENTIVES to Increase Revenue
At QMBS, our revenue is directly linked to our ability to increase our clients' revenues. Your in-house billing staff has no real incentive to increase practice revenue. Quality Medical Billing Solutions has a dedicated team whose goal is to use the most recent billing resources and to stay current with the latest billing protocols, changes in codes, etc. QMBS increases your profits by making sure claims are coded, billed and reimbursed correctly according to the payer specifications.
ACCELERATE Cash Flow
Our electronic claims and fast reimbursement strategies enhance cash flow and reduce days in accounts receivables. Below is the flow chart to explain how just by transmitting claims electronically will reduce the processing time over paper claims. This itself will accelerate your cash flow and increase your revenue significantly. In addition to that our state of the art software allows us to recognize the reasons for denials immediately, correct common errors and then resubmit edited claims for payment.
Quick resolution of denials allows us to better manage claims status and work closely with payers for timely payment. The end result is "faster resolution of denials and higher revenue".