With the upcoming changes to the medical coding system and impending switch to ICD-10, many physical therapy practices will have to invest in additional time and staff to comply with the new requirements in order to get paid for services. Mistakes in coding can result in delayed or denied claims, and the overall costs associated with maintaining a billing department in-house can significantly cut into your physical therapy practice’s profits.
At ML Medical Billing, our account executives have years of experience helping physical therapists meet their billing and coding needs through individualized support. For more information on how we can help you meet your financial goals and eliminate time-consuming tasks, get in touch with us online or call (888) 719-7602.
You Care, We Collect
ML Medical Billing can help to increase your physical therapy practice’s revenue by as much as 10-20%. We outsource billing and payment collection services for a range of physical therapy service and injury treatments including:
- Brain injuries
- Pain management services
- Respiratory therapy
- Aquatic therapy
- Spinal cord injuries
- Speech therapy
- Stroke rehabilitation and recovery
- Cognitive exercises
- Personal training
- Massage Therapy
- Visceral Manipulation
- Meditation services
- Sports therapy and rehabilitation
- Pediatric and teen programs
- Holistic services
- Prosthetic training
- Occupational therapy
How can ML Medical Billing help your physical therapy practice earn more revenue and spend less on operational and administrative costs?
We will maximize your profits and slash administrative and operational expenses so that you’re free to focus on patient care.
The costs associated with running a billing and insurance claims department in-house can unnecessarily cut into practice profits in two ways. Investing in everything from software and technology, personnel costs, and operational expenses like postage can cost tens of thousands of dollars on an annual basis. Additionally, mistakes in medical billing codes and inaccurate claims can lead to delays or even denials in payment.
With more than 30 years of experience in outsourcing and managing the entire medical billing and payment cycle, we take on the hassle and responsibility of working with Medicaid, Medicare, and private insurance companies to ensure that our clients are paid fairly and in a timely manner.
To learn more about how ML Billing can help your physical therapy practice, contact us today at (888) 719-7602 or fill out our online contact form.
Try out our free online ML Billing Profit Calculator for an estimate on potential monthly earnings and savings!
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