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https://kbmedicalmanagement.com/

KB Medical Management is a professional billing service dedicated to meeting all of the insurance and patient billing needs of your practice. We offer a variety of highly personalized services that can improve your cash flow and lower your operating expenses. Our services are specifically designed to meet the needs of individual and small group practices. KB Medical Management carefully balances our client base in order to ensure that each client will receive our complete and undivided attention! In addition to premium claims processing & practice management services, we proudly offer the following dynamic solutions…

We understand your needs and sympathize with your busy schedule. You shouldn’t have to keep up with the latest Medicare guidelines when you already have the serious responsibility of running your practice. Our primary goal is to look out for your best interest and protect your bottom line while easing the pressure that tedious paperwork may cause.

We offer full practice management and billing solutions. Our services include:

  • Process primary, secondary, tertiary insurance claims.
  • Follow up with insurance (primary/secondary).
  • Post payments to insurance and patient accounts.
  • Track unpaid claims and send Letters of Medical Necessity when necessary.
  • Provide notification regarding any “Incomplete Claims” which were unable to be processed as a result, or when additional information is required by the insurance carrier to adjudicate claims.
  • Follow up on patients’ payments and generate patient statements.
  • Receive monthly and annual financial analysis and review of medical codes.
  • Process Workers Compensation, Rehab, DME Claims with attachments.
  • Provide you with comprehensive reports: We can provide you with highly detailed reports with colorful analysis charts and graphics tracking the status of every claim and showing the level of productivity of your practice.

CREATIVE COLLECTION SOLUTIONS – In most practices a small percentage of claims do not get resolved and can be difficult to conclude You typically file tracers and make phone calls to the insurance companies but, unfortunately receive marginal response. This small percentage of claims may remain uncollected for months! Since you are not setup as a collection agency to deal with these unpaid accounts, you’re often faced with two difficult choices. Write off the unpaid accounts or refer them to a hard-core collection agency. In which case your practice loses 35 to 50 percent of the value of the claim. Additionally, your practice will most likely lose the patient as a client. Harsh collection measures usually result in the loss of patient goodwill.

ELECTRONIC FUND TRANSFER – The waiting room is overflowing with patients, but so is your overdue receivables. More than 30 percent of Americans don’t have health insurance. Those that do still often pay 20 percent. Many doctors don’t collect 50 percent of the monies owed them. Indeed, one doctor said 69 percent of his receivables were more than 90 days past due. Many doctors often carry tens of thousands of dollars on their books, knowing there’s a good chance they’ll never see this money.

WE CAN HELP! EFT allows for electronic transfer of funds from your patient’s bank account directly into your account! This electronic transfer process is also known by the following names: Funds Sweep, Direct Debit, Direct Credit, and Direct Deposit, Automatic Checking, Automatic Payment, ACH Processing, etc.

PATIENT WELL-CARE SERVICES – As a well-care service provider, we manage your outreach program to help maintain communication with your patients. We provide great public relations service designed to increase patient loyalty and promote referrals. Our service consists of letters, postcards, and emails to remind patients of their need for various services, such as check-ups, testing, immunizations, etc. We can also send greeting and birthday cards. We maintain a positive relationship with your clients that goes beyond treatment in your office.

The program provides the following benefits:

  • Promotes and Maintains Patient Relationships
  • Keeps Office Staff Focused on Helping Care For Patients
  • Builds the Medical Practice and Increases Profits
  • Complements Any Existing Customer Care Programs
  • Pays For Itself As Patients Respond To The Program
  • Gives The Doctor More Time To Be A Doctor