Medical Billing Company in New York

Efficient and Accurate Medical Billing Services in New York for Streamlined Healthcare Revenue Management

Top Medical Billing Companies Revolutionizing Healthcare Revenue Management in New York

Med Financial Solutions was founded in 2002. It has become the leading medical billing company in New York. The company serves clients from all over the US, covering a wide variety of medical fields.
We have extensive experience and expertise in medical billing. This enables us to deliver exceptional results. We ensure maximum reimbursement for our clients and optimize their revenue.
At Med Financial Solutions, we take pride in our diligent revenue cycle approach. It consistently yields positive outcomes for healthcare practices.
Our dedicated team of professionals works carefully to streamline the billing process. We handle everything from claim submission to payment collection. Throughout, we adhere to strict compliance standards.
By leveraging our industry knowledge and cutting-edge technology, we enhance the efficiency and accuracy of medical billing. Our aim is to minimize claim denials and maximize revenue for our clients.
Transparency is a core value at Med Financial Solutions. We understand the importance of real-time, reliable financial information for effective decision-making. That’s why our reporting system is completely transparent, providing comprehensive insights into your practice’s financial health.
Our custom reports are updated daily. This allows you to monitor revenue trends, track claim statuses, and identify areas for improvement. With us, you’ll always have a clear and up-to-date financial picture at your fingertips.

Our Comprehensive Medical Billing Services are Available in the Following New York Cities

Why Leading Healthcare Organizations in NY Choose Our Medical Billing Agency?

Discover why New York’s elite healthcare organizations prefer our premier medical billing agency!
01
Certified Professionals

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 

02
Comprehensive Reporting

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. 

03
Audit Procedures

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. 

04
Personalized Services

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. 

05
Quality Compliance

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 

02
Comprehensive Reporting

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. 

03
Audit Procedures

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.

04
Personalized Services

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.

05
Quality Compliance

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

Discover the Comprehensive Services Provided by Med Financial Solutions

Unlock seamless revenue management with Med Financial Solutions, the leading provider of medical billing services in NY
Medical Billing
Our medical billing agency adopts a data-driven approach to optimize revenue cycles for leading healthcare organizations in Florida. By analyzing key metrics and trends, we identify areas for improvement, streamline processes, and implement strategies to increase efficiency and financial performance.
Medical Coding
Our medical billing agency in Florida takes pride in having AAPC-certified medical coders who possess the expertise and knowledge to accurately assign codes to medical procedures and diagnoses. With their proficiency, we ensure precise coding that maximizes reimbursement potential and reduces claim denials.
Medical Credentialing
With over two decades of experience in medical credentialing, our agency has established a strong reputation for successfully navigating the complex process of provider enrollment and insurance credentialing. We have the expertise to handle the intricacies of insurance networks and ensure smooth participation for healthcare organizations.
Accounting & Bookkeeping
Our accounting and bookkeeping services provide tax compliance, audit compliance, professional guidance, and improved financial strategy for doctors and practices. We ensure accurate tax filings, assist with audits and offer professional guidance.
Medical Collection
Our track record speaks for itself with an impressive collection rate of 97%. Our agency’s relentless pursuit of outstanding payments, diligent follow-up, and efficient claims management ensure that healthcare organizations in Florida receive the maximum reimbursements they deserve.
Medical Factoring
With medical factoring, we offer a solution to cash flow challenges by providing immediate funding against outstanding insurance claims. This allows healthcare providers to access the funds they need quickly, without waiting for insurance companies to process payments. By utilizing medical factoring, doctors and practices can maintain steady cash flow, meet financial obligations, and focus on delivering quality patient care without the burden of delayed payments.
Medical Billing Reports
Access comprehensive and customized reports. These reports provide valuable insights into your financial performance. This helps you make data-driven decisions for practice growth and optimization.

The Benefits of Using Our Medical Billing Company in New York

Partnering with our medical billing company in New York offers numerous advantages for healthcare organizations. Benefit from our extensive experience, streamlined processes, and advanced technology to optimize revenue cycles, maximize reimbursement and minimize claim denials.
Our dedicated team ensures accurate and timely claims submission, transparent reporting, and adherence to strict compliance standards. Experience increased efficiency, improved financial performance, and peace of mind knowing that your revenue management is in expert hands.

Enhanced Financial Insights

Gain unparalleled transparency with our comprehensive financial reports, allowing you to make informed decisions and drive practice growth.

Expert Revenue Cycle Management

Experience seamless revenue cycle management that maximizes revenue, streamlines processes, and ensures timely reimbursements for your healthcare organization.

Reduced Operational Costs

Unlock significant savings by leveraging our efficient billing solutions, reducing overhead expenses and optimizing resource allocation for enhanced profitability.

Accelerated Claims Processing

Accelerate claims processing with our streamlined approach, ensuring faster and more effective submissions and minimizing payment delays.

Error-Free Billing Precision

Prevent mistakes in billing and finance. These mistakes can hinder your income and damage your reputation. Protect your financial security and gain the trust of those you work with.

Pre-Billing Review
and Coding Excellence

Benefit from meticulous pre-billing review and coding analysis, guaranteeing accuracy and compliance while maximizing reimbursement potential.

Optimized Financial Models

Unlock new sources of income with our creative financial models. This will enable your business to bring in more money and succeed in today's competitive environment.

Expert Inquiry Management

Our team adeptly handles inquiries from insurers, and regulatory authorities, ensuring prompt and effective resolution, and maintaining strong relationships.

Certified Professionals

Our team consists of professional billers, AAPC-certified coders, and E/M chart auditors with the expertise and skills needed to handle complex billing and coding requirements. Rest assured, we have the necessary resources to provide you with comprehensive support and ensure accurate and efficient billing processes.

Outsource Your Medical
Billing in New York to
Med Financial Solutions

Unlock your practice's potential with Med Financial Solutions. By outsourcing your medical billing in New York to us, you can focus on patient care while we maximize your revenue, ensure compliance, leverage advanced technology, and provide unparalleled support.

Experience the benefits of expertise, efficiency, and financial success. Contact us today.

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

to handle all their billing needs

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Check what clients say about our healthcare billing services

See what our clients say about our services
Charles Vendel
“Hats off to the level of professionalism at MFS. Their team changed our practice for the better. Our collections have never been this fast and we can focus more on patient care than worrying about managing denials. Thank you!”
Lex Saveria
“We’ve been looking for medical billing services for small practices and MFS didn’t disappoint. They treated us like a big client and made sure our billing is always on-point. I can say that they really helped in the expansion of our practice from being a small clinic when we first worked with them to more providers now.”
Judith Sorin
“We’ve worked with many medical billing companies before and only MFS managed to double our collections. Their process is seamless and we never had to touch our billing since then. If you have a practice and your collections are down, call them, and they do wonders!”
Lilian Rohan
“Medical billing service companies like MFS are life-savers. In my 10 years of practice, this is the only time that I never had to worry about collecting payments. They do it for me and other providers in my practice. Really awesome team!”
Mark Lotario
“I strongly recommend MFS if you have a practice and need to boost collections. Health insurance billing is a big challenge for practitioners like me but I’m really thankful that MFS took that burden off my shoulders. Me and my patients no longer encounter issues with payments.”
Nick McLuhan
“If you’re looking for medical billing services in Florida, you should definitely check MFS. They’ve done a wonderful job with our practice and our collections have never been this organized ever. These guys are experts in medical billing and I highly recommend them.”
Charles Vendel
“Hats off to the level of professionalism at MFS. Their team changed our practice for the better. Our collections have never been this fast and we can focus more on patient care than worrying about managing denials. Thank you!”
Lex Saveria
“We’ve been looking for medical billing services for small practices and MFS didn’t disappoint. They treated us like a big client and made sure our billing is always on-point. I can say that they really helped in the expansion of our practice from being a small clinic when we first worked with them to more providers now.”
Judith Sorin
“We’ve worked with many medical billing companies before and only MFS managed to double our collections. Their process is seamless and we never had to touch our billing since then. If you have a practice and your collections are down, call them, and they do wonders!”
Lilian Rohan
“Medical billing service companies like MFS are life-savers. In my 10 years of practice, this is the only time that I never had to worry about collecting payments. They do it for me and other providers in my practice. Really awesome team!”
Mark Lotario
“I strongly recommend MFS if you have a practice and need to boost collections. Health insurance billing is a big challenge for practitioners like me but I’m really thankful that MFS took that burden off my shoulders. Me and my patients no longer encounter issues with payments.”
Nick McLuhan
“If you’re looking for medical billing services in Florida, you should definitely check MFS. They’ve done a wonderful job with our practice and our collections have never been this organized ever. These guys are experts in medical billing and I highly recommend them.”

Frequently Asked Questions

What does a medical billing company in NY do?

A medical billing company in NY handles the financial aspects of healthcare practices, including claim submission, payment processing, and revenue management. They ensure accurate billing, maximize reimbursement, and minimize claim denials for healthcare providers, allowing them to focus on patient care.
What do medical billers and coders do?

Medical billers and coders play a crucial role in the healthcare revenue cycle. They assign appropriate codes to medical procedures and diagnoses, ensuring accurate billing and reimbursement. They also handle claim submission, follow-up on unpaid claims, and work to resolve any billing issues that may arise.
Do medical billing companies need to be licensed in New York?

Yes, medical billing companies operating in New York need to be properly licensed and comply with state regulations. It is important to choose a reputable company that holds the necessary licenses and certifications to ensure compliance with legal requirements.
How much do medical billing companies charge in NY?

The cost of medical billing services in NY can differ. It depends on several factors. These include the size of the healthcare practice, the volume of claims processed, and the complexity of the billing requirements. It is best to consult with the billing companies directly to get a customized quote based on your specific needs.
What's the difference between medical billing and medical coding?

Medical billing involves the process of submitting claims to insurance companies and other payers for reimbursement. It includes verifying patient insurance coverage, creating and submitting claims, and managing payments.
Medical coding, on the other hand, involves assigning standardized codes to diagnoses, procedures, and services for accurate billing and record-keeping.
What does a medical billing company in NY do?
A medical billing company in NY handles the financial aspects of healthcare practices, including claim submission, payment processing, and revenue management. They ensure accurate billing, maximize reimbursement, and minimize claim denials for healthcare providers, allowing them to focus on patient care.
What do medical billers and coders do?
Medical billers and coders play a crucial role in the healthcare revenue cycle. They assign appropriate codes to medical procedures and diagnoses, ensuring accurate billing and reimbursement. They also handle claim submission, follow-up on unpaid claims, and work to resolve any billing issues that may arise.
Do medical billing companies need to be licensed in New York?
Yes, medical billing companies operating in New York need to be properly licensed and comply with state regulations. It is important to choose a reputable company that holds the necessary licenses and certifications to ensure compliance with legal requirements.
How much do medical billing companies charge in NY?
The cost of medical billing services in NY can differ. It depends on several factors. These include the size of the healthcare practice, the volume of claims processed, and the complexity of the billing requirements. It is best to consult with the billing companies directly to get a customized quote based on your specific needs.
What’s the difference between medical billing and medical coding?
Medical billing involves the process of submitting claims to insurance companies and other payers for reimbursement. It includes verifying patient insurance coverage, creating and submitting claims, and managing payments.
Medical coding, on the other hand, involves assigning standardized codes to diagnoses, procedures, and services for accurate billing and record-keeping.
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