Revenue Cycle Management (RCM)
Our mission at MBI is to increase your revenue while decreasing your overhead. We are transparent, as you have the option to dial into our systems offering real time accessibility, or we can provide detailed reports monthly, or upon request. Our billing protocol that we adhere to is as follows:
Auditing and Compliance
Developing a voluntary compliance program for your practice not only reduces your chances of an audit from CMS or OIG, it will also help your Practice minimize billing mistakes, increase the speed of claim payment, and avoid conflicts with the self-referral and anti-kickback statutes and extensive fines. Our AAPC Certified Professional Compliance Officer (CPCO) can asses your current compliance Program, develop a program and monitor your compliance.
Do you know all of the insurances you are credentialed with? Are there insurances you would like to be able to accept? Keeping your Practice and Providers up to date with insurance credentialing has countless benefits. By assessing, monitoring, and maintaining your status, you will see increased reimbursement, avoid denials, and increase the number of patients you are able to see. Our Credentialing Specialists can assist you in every aspect of credentialing from updating your CAQH, to providing a full assessment of your Practice’s or Provider’s credentialing status. Here are our fees per Group or Individual application:
At MBIDV we offer consultation services to evaluate Practices to help maximize their revenue, ensure they are meeting documentation requirements, and avoid reoccurring issues. Upon completion of the consult, we can manage your outstanding account receivables that are within timely filing to recover “lost” revenue. Many clients that have requested our consultation services have turned their Practice over to us. Our consultants have over 30 years of experience in establishing, analyzing and managing practices and are certified with the AAPC as Certified Professional Billers, Coders, Compliance Officers, and MACRA Proficient.
If upon checking your MIPS participation status for 2020 you are required to report for MIPS, you must report in order to avoid a 9% Medicare payment penalty in 2022. Even you are not required to report in 2020, but are able to opt-in, successful reporting can earn you up to a 9% increase in your Medicare payments for 2022. MBI develops MIPS program that integrates Quality Measures, Improvement Activities, and Promoting Interoperability requirements that your Practice may already be performing, but not receiving credit for: