Medical Billing

Eligibility and Benefits Verification

Insurance verification is a critical aspect of the Revenue Cycle Management (RCM) process, playing a vital role in our medical billing services. It helps prevent denials related to Coordination of Benefits (COB), which can significantly impact reimbursements within the 30 to 60-day cycle. Our dedicated team utilizes advanced, internally developed applications and conducts proactive phone calls when necessary to confirm patient eligibility. This thorough approach minimizes claim rejections and denials, ensuring a streamlined billing process and improved cash flow for your healthcare practice.

Charge Entry

At Yourin Luck Billing Services (YLBS), we specialize in charge entry as part of our comprehensive medical billing solutions. With extensive experience in various renowned medical billing software and across multiple medical specialties, we initiate the charge entry process immediately. This not only saves valuable staff training time but also enhances operational efficiency, allowing your team to concentrate on patient care rather than administrative tasks.

Payment Posting

YLBS effectively manages payment posting through two primary methods:

• Electronic Remittance Advice (ERA): These files are automatically posted to the patient’s financial account, ensuring timely updates.
• Paper Remittance Notices: These are forwarded to YLBS upon receipt by the practice for manual processing.

Our Payment Posting Team meticulously reviews both ERAs and Remittance Notices to ensure accurate payments. If there are any remaining balances or claim denials, our expert Accounts Receivable team promptly addresses these issues.

Accounts Receivables and Denial Management

YLBS implements strategic processes at the front end of the medical billing cycle to minimize claim denials and underpayments. In the event that denials occur, our experienced Accounts Receivable specialists are trained to identify appropriate responses tailored to various denial reasons. They monitor denial patterns, collaborating closely with other team members and practice staff to prevent future occurrences. This proactive approach not only enhances revenue recovery but also strengthens your practice’s financial health. By choosing YLBS for your medical billing services, you gain a dedicated partner committed to optimizing your revenue cycle while ensuring compliance and accuracy throughout every stage of the billing process. Our focus on detail and efficiency allows you to prioritize patient care without worrying about billing complexities.