Billing, Payment Posting, Account Reconciliation & Monthly Reporting

Billing Claims: We handle the preparation and submission of accurate and complete billing claims to insurance companies and other payers, ensuring timely reimbursement and reducing errors that could delay payment.

Payment Posting: Our team carefully posts payments received from payers and patients into your accounting system, maintaining accurate records that support financial transparency and reporting.

Denial Management: We proactively identify, analyze, and address claim denials. By investigating root causes and implementing corrective actions, we work to minimize revenue loss and improve future claim acceptance rates.

Account Reconciliation: We perform thorough account reconciliation to verify that all payments, adjustments, and charges are accurately reflected and balanced within your financial statements, ensuring integrity and clarity in your accounts.

Monthly Reporting: We will provide monthly accounts receivable reports with plan of action.

Insurance Verifications and Detailed Benefits

A detailed insurance benefit check provides a comprehensive review of a patient’s coverage by analyzing how the insurance plan is likely to process a medical claim. This involves verifying the benefits applicable to the specific service, including deductible status, co-payments, co-insurance, coverage limitations, exclusions, and any pre-authorization requirements.

Our detailed insurance benefit checks prior to service delivery helps providers anticipate reimbursements and clearly communicate patient financial obligations, reducing billing surprises and improving patient satisfaction.

Insurance Referral and Authorization Management

At SL Billing Services, we coordinate directly with Primary Care Physicians to obtain and manage insurance referrals when required by insurance policies. We obtain authorizations directly with insurance companies as needed and meticulously track when new authorizations are required, preventing any delays in patient care or reimbursement processes. Additionally, we keep therapists informed about the timing for submitting new progress notes and Plans of Care, facilitating seamless communication to support timely submission and compliance.

Provider and Facility Credentialing

At SL Billing Services, we offer credentialing solutions designed to streamline the enrollment and approval processes for Physical Therapy clinics and providers. Our services include CAQH updating, provider enrollment with insurance payers, and ongoing monitoring of credentials to maintain compliance and minimize risk.

Our meticulous approach ensures that all documentation is accurate and up-to-date, facilitating smooth participation in insurance networks and adherence to industry standards while reducing your administrative burden allowing more time for your patients.

We streamline your billing process, enhance cash flow, and reduce administrative burdens, allowing you to focus on delivering quality care to your patients.