Medical Billing Company Nationwide
- 35+ years of medical billing experience
- Up to 97% collection rate
- In-house AAPC-certified medical coders
Welcome to Med Financial Solutions
Since 2002, Med Financial Solutions has been providing exceptional medical billing services to a wide range of specialties. With our proven billing approach, we have assisted numerous medical practices across the United States in enhancing their revenue cycle.
We know that financial health is essential to the success of any healthcare practice. That’s why we offer a full range of billing services, including expert coding and documentation management, timely claims submission, and diligent follow-up on unpaid claims.
We understand that billing can be a complex and time-consuming process, which is why we offer comprehensive support to help you navigate it successfully. Whether you need help with credentialing or financial analysis, our team is here to provide you with the guidance and expertise you need to make informed decisions and maximize your financial potential.
In addition to our comprehensive range of billing services, we are proud to offer exceptional accounting and bookkeeping services to further streamline your financial processes.
Whether you are starting a new practice or looking to expand your current organization, our medical factoring service can be of assistance to you. Trust us to provide you with the financial support you need to achieve your goals.
Our services
billing
Streamlined billing, including patient chart reconciliation, insurance verification, coding, claim submission, denial management, insurance & patient follow-ups, appeals, payment posting, patient statements, reporting, and collection agency submission.
coding
Experienced AAPC-certified medical coders specializing in procedural and diagnostic coding for ICD-10, CPT, and MIPS guidelines. Paired with AI assistance for accuracy of up to 98%.
Reporting
We offer customized reports to help you analyze billing and collection data and identify trends and weaknesses. Our transparent daily reports provide real-time information on claims, payments, collection rates, and procedure performance. We provide standard, custom, MIPS, and productivity reports.
and enrollment
We provide swift enrollment to government and commercial payors, re-credentialing, assistance with application completion, and support with denials and appeals until you achieve full approval.
collections
We have a dedicated team that follows up on patient balances after patient statements are sent out and before claims are forwarded to a collection agency. The team contacts patients via phone to ensure that outstanding balances are addressed promptly and efficiently.
bookkeeping
Receive professional accounting and bookkeeping services for tax filing and compliance, real-time discrepancy alerts, bookkeeping system maintenance, payroll management, and more.
Financing
A/R financing allows you to borrow against your accounts receivable, giving you the necessary funds to grow your business. With our assistance, you can obtain the financial support you need to achieve your goals and take your practice to the next level.
billing
Streamlined billing, including patient chart reconciliation, insurance verification, coding, claim submission, denial management, insurance & patient follow-ups, appeals, payment posting, patient statements, reporting, and collection agency submission.
coding
Experienced AAPC-certified medical coders specializing in procedural and diagnostic coding for ICD-10, CPT, and MIPS guidelines. Paired with AI assistance for accuracy of up to 98%.
We offer customized reports to help you analyze billing and collection data and identify trends and weaknesses. Our transparent daily reports provide real-time information on claims, payments, collection rates, and procedure performance. We provide standard, custom, MIPS, and productivity reports.
and enrollment
We provide swift enrollment to government and commercial payors, re-credentialing, assistance with application completion, and support with denials and appeals until you achieve full approval.
collections
We have a dedicated team that follows up on patient balances after patient statements are sent out and before claims are forwarded to a collection agency. The team contacts patients via phone to ensure that outstanding balances are addressed promptly and efficiently.
bookkeeping
Receive professional accounting and bookkeeping services for tax filing and compliance, real-time discrepancy alerts, bookkeeping system maintenance, payroll management, and more.
Financing
A/R financing allows you to borrow against your accounts receivable, giving you the necessary funds to grow your business. With our assistance, you can obtain the financial support you need to achieve your goals and take your practice to the next level.
Why choose us as your medical billing company?
Our team at MFS consists of certified medical coders, billers, accountants, bookkeepers, and data analysts with extensive experience in the healthcare industry. We provide efficient and effective billing solutions tailored to your practice’s unique needs
At MFS, we believe that transparency and accuracy are essential to the success of your business. We provide customized reports to help you monitor and analyze billing and collection data, identify trends, and locate weaknesses. Working closely with you, we develop reports that are focused completely on your KPIs to help you make informed decisions.
Regular medical billing audits help maximize collection rates and ensure that all claims are properly submitted and processed. An audit identifies errors and discrepancies in a timely manner, improving the overall accuracy and efficiency of the billing process.
Each of our clients is assigned a dedicated account manager who works closely with them to ensure their needs are met. Our account managers are available to answer questions, provide updates, and offer guidance every step of the way.
At MFS, we adhere to the highest medical billing standards in compliance with HIPAA regulations. Our compliance culture is reinforced through continuous employee training, education, and internal audits, ensuring that we maintain the highest level of security and confidentiality for our clients’ sensitive information
At MFS, we believe that transparency and accuracy are essential to the success of your business. We provide customized reports to help you monitor and analyze billing and collection data, identify trends, and locate weaknesses. Working closely with you, we develop reports that are focused completely on your KPIs to help you make informed decisions.
Regular medical billing audits help maximize collection rates and ensure that all claims are properly submitted and processed. An audit identifies errors and discrepancies in a timely manner, improving the overall accuracy and efficiency of the billing process.
Each of our clients is assigned a dedicated account manager who works closely with them to ensure their needs are met. Our account managers are available to answer questions, provide updates, and offer guidance every step of the way.
At MFS, we adhere to the highest medical billing standards in compliance with HIPAA regulations. Our compliance culture is reinforced through continuous employee training, education, and internal audits, ensuring that we maintain the highest level of security and confidentiality for our clients’ sensitive information
Ready to improve your collections?
Why outsource to
a medical billing company?
Did you know that poor billing practices cost American physicians about $125 billion in yearly profit losses? This can be easily avoided with the help of a reliable medical billing agency. Here’s how:
- Access a team of certified medical coders, billers, accountants, and bookkeepers in an all-in-one team
- Have guaranteed transparency through custom financial reports
- Process insurance claims faster and with reduced denial risk
- Make well-informed financial decisions for your medical practice
- Lower operational costs and free up your clinical staff’s workload
- Eliminate the complexities associated with managing personal changes, sick leave, and vacations of in-house billing staff.
- Receive advance payments for your invoices through factoring – exclusive to Med Financial Solutions!
a medical billing company?
Contact Us Today!
Whether you’re starting a new practice or expanding your healthcare services, Med Financial Solutions can help. We will handle your revenue cycle management so that you can provide a better patient experience.
See for yourself why other medical practices choose us
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What healthcare providers say about our medical billing company
“MFS level of professionalism is over the top. They rescued us from our previous biller with an outdated service. We look forward to a long-term partnership with them.”
“Our collections have more than doubled when MFS took over about two years ago. They are very good at what they do, and their entire team is very professional. Very accessible, transparent, and reliable medical billing service.”
“Our small practice can’t take their team enough for increasing our monthly collections significantly. They assigned an account manager to our organization and explained the entire process to us. Definitely recommended!”
“Best billing company we’ve had so far. MFS made such a huge difference to our bottom line. They reassessed and restructured our billing process to make it more efficient and profitable.”
“If you’re looking for a medical billing agency you can trust, you should definitely consult with MFS. They found our missing payments and improved our collections by a mile. Can’t thank them enough for the work that they do.”
“Partnering with MFS is probably one of the best decisions we’ve made for our practice. Their staff is very helpful and made sure we know what’s happening with our finances.’
Frequently Asked Questions
How long have you been working in this field and how many years of experience do your billers have?
We've been working in the medical billing industry since 2002. As one of the trusted medical billing companies in the US, our billers have 35 years of combined experience in handling billing and collections.
How willing are you to adjust to my processes?
We will tailor-fit our medical billing services to the needs of your practice. We understand that each practice requires a unique approach, which is why our team is always willing to adjust to ensure your financial success.
Why should I outsource my medical billing?
Outsourcing your medical billing allows you to access a professional team of experts who will increase your revenue, guarantee compliance, and reduce the administrative workload of your clinical staff. This way, you can focus more on patient care instead of chasing payments.
What Electronic Medical Record (EMR) system can you work with?
Our team can work with various EMR systems that your practice may have. We can also set up your EMR system to digitize all your patient records.
What are your billing fees?
Rates can be as low as 2.99%. It depends on what services you need and the workflow involved.
