Medical Billing Services You Can Trust
ChromMD has been a leader in revenue cycle management for over 10 years. Our comprehensive medical billing services will streamline your practice’s workflow, regardless of size. We serve 50+ specialties, helping them achieve up to 30% faster reimbursements and 50% increased operational efficiency.
Result-Oriented Medical Billing Services
First Clean Claim
Reduction in A/R
Collection Ratio
Let Chrom MD RCM Service Seal Cracks in Your Revenue Cycle
We identify opportunities to boost your revenue through enhanced billing, coding, denial management, and more. Our expert strategies ensure maximum reimbursements and streamlined financial performance.
Medical Billing Solutions Compliant with Industry Standards
ChromMD stays ahead of the curve by constantly updating our medical billing solutions. We follow HIPAA and CMS regulations to ensure the security of your practice’s sensitive data. Our services include:
Ambulatory surgery billing involves managing claims and reimbursements for outpatient surgical procedures. Accurate coding and compliance with insurance guidelines ensure timely payments and minimal denials.
Accounts Receivable (AR) Recovery focuses on collecting overdue payments from insurance companies and patients. Effective follow-up and denial management help improve cash flow and reduce outstanding balances.
Credentialing is the process of verifying a healthcare provider’s qualifications, licenses, and insurance network participation. Proper credentialing ensures compliance with payer requirements and smooth claim processing.
Dental billing involves coding and submitting claims for dental procedures, ensuring insurance reimbursements and patient payments are properly managed. Efficient billing reduces denials and enhances revenue cycles.
Hospital billing covers inpatient and outpatient services, including coding, charge entry, and claim submission. Proper documentation and compliance with payer policies are crucial for maximizing reimbursements.
Imaging billing involves submitting claims for radiology, MRI, CT scans, and other diagnostic procedures. Accurate CPT coding and insurance verification ensure timely reimbursements and reduced claim denials.
Physician billing involves the process of submitting and following up on claims for medical services provided by doctors, ensuring accurate reimbursement from insurance companies and patients.
Laboratory billing involves processing and submitting claims for diagnostic tests and services performed in a lab, ensuring accurate reimbursement from insurance providers and patients.
Why Choose Chrom MD As Your Medical Billing Company?
Outsourcing Benefits
50% Reduction in Overhead Costs
Reduce overhead expenses by 50% and eliminate the need for an in-house team through our efficient physician billing solutions.
HIPAA Compliance
Our physician billing services are fully compliant with HIPAA protocols. We stay up-to-date with the latest regulatory standards so that there are no chances of errors or penalties
Get Paid Faster
Our expert billing and coding team submits all claims electronically within 72 hours. We vigorously track every claim and ensure that you get the maximum reimbursements from your payers.
Advanced Reporting and Analytics to Make Informed Decisions
As the leading medical billing service provider, we smoothly handle all system setup, EDI implementation, documentation, and process coordination. The best part? No software installation costs.
You do not lose control over your practice when you outsource your healthcare billing services to Chrom MD. With online reporting and analytics, you have complete financial visibility anywhere and anytime.
Our medical billing software company will provide you with:
- Customized in-depth reports to monitor your financial performance (paid, denied, in process, rejected).
- Pre-formatted reports to highlight the areas for improvement.
Medical Billing Services for Every Specialty
Ambulatory Surgery
Neurosurgery
Pathology
Dermatology
Clinical Lab
Cardiology
General Surgery
Rheumatology
Physical Therapy
Wound Care
Advanced Knowledge Base System
Chrom MD built-in knowledge base system has over 3 million rules and ensures correct medical coding at the point of entry.
This system can automatically detect issues with claims before they are submitted. Because of this, we have achieved an 88% first-pass clean claim rate.
Using this proprietary software, our expert medical billers examine predictive and comparative data to develop strategies for minimizing denials.
If a claim is denied, we resubmit it to get maximum reimbursement. Moreover, we add a new rule to our databases to enhance our processes and prevent similar denials from occurring in the future.
Here are the features of our Knowledge Base Database:
- Effortlessly Schedule Recurring Appointments
- Patient Eligibility and Insurance Verification
- Extensive Insurance Follow-up
- Appeal of Denied and Low-paid Claims
- Electronic Claim Submission
- Assistance with EDI, ERA, and Provider Enrollment
- Charge Entry – All Specialties
- Patient Statement Posting and Mailing
- Old Account Receivables Recovery
- Management Reports
What Our Clients Say about Chrom MD
Hear from healthcare professionals who have transformed their revenue cycle with ChromMD. Our commitment to accuracy, efficiency, and exceptional support has helped practices maximize their revenue and streamline operations. See how we’ve made a difference!
Chrom MD has proven to be an invaluable asset to our practice. Their meticulous attention to detail and efficient follow-up process have ensured that every claim is handled with accuracy. Since working with them, we’ve seen a substantial improvement in cash flow and a reduction in outstanding balances
Chrom MD has proven to be an invaluable asset to our practice. Their meticulous attention to detail and efficient follow-up process have ensured that every claim is handled with accuracy. Since working with them, we’ve seen a substantial improvement in cash flow and a reduction in outstanding balances
The team at Chrom MD is incredibly knowledgeable and responsive. Their ability to navigate complex billing issues has saved us countless hours of administrative work. Their AR recovery strategies have also helped us collect payments we thought were lost, making them an essential part of our success.
Get Paid Faster and Easier with Chrom MD
- 20% – 30% increase in collections in the first few months
- Significant reductions in A/R days and denials
- 97% of claims get paid on the first submission
- Timely patient statement dispatch
- Visibility and transparency of each dollar earned
- Zero ICD-10 & CPT codes disruption
Are you seeking reliable medical billing services in the USA to optimize your revenue cycle?
Frequently Asked Questions
Medical billing is the process of submitting and tracking insurance claims to ensure healthcare providers are paid for their services. It involves steps like patient registration, coding, claim submission, and payment posting, crucial for the financial health of medical practices.
Outsourcing medical billing offers numerous advantages for healthcare providers, including enhanced cash flow, decreased administrative workload, and higher revenue. Collaborating with a medical billing company enables practices to leverage specialized expertise and advanced technology, simplifying the billing process, minimizing errors, and accelerating payments. Additionally, outsourcing allows healthcare providers to concentrate on patient care while leaving the intricate and time-intensive billing tasks to skilled professionals.
Claim tracking and billing analytics are essential for optimizing the medical billing process. Chrom MD leverages advanced technology to provide real-time insights, helping healthcare providers improve cash flow, reduce administrative burdens, and increase revenue. Our revenue cycle management services streamline billing, ensure accuracy, and enhance customer satisfaction through timely claims processing and support.
Yes! We use advanced claim scrubbing software to detect and fix errors before submission, ensuring accurate billing and smoother processing.
We prioritize patient privacy with fully HIPAA-compliant billing services. Our security measures include data encryption, strict access controls, and regular audits to protect patient information.
Payment posting times vary by insurer, but we ensure prompt processing. Our team tracks claims, follows up with payers, and provides regular reports on copays, AR, denials, claim status, and payments.
Yes, we can seamlessly integrate with your existing EHR system for smooth data exchange and scheduling. This allows you to schedule appointments directly within your EHR while accessing real-time patient balance information. You’ll also receive timely copayment reminders at the time of service.
We offer customized billing solutions for a wide range of healthcare providers, including individual physicians, hospitals, and specialized clinics.
Absolutely! We support new medical practices with a smooth onboarding process, including:
- Setting up billing workflows and optimizing revenue cycle management.
- Assisting with insurance credentialing and enrollment.
- Providing quick, cost-free setup of practice management and EHR software.
