CollaborateMD Billing Services

CollaborateMD is a prominent cloud-based medical billing and practice management system offering diverse features for healthcare billing. We use these features to streamline and connect every complicated front and back office billing workflow, strengthening your revenue cycle management process. With our expertise, we ensure seamless integration, accurate coding, and efficient workflows, empowering healthcare providers to focus on delivering exceptional patient care while maximizing revenue.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripCollaborateMD Billing Services

How Do We Simplify CollaborateMD Billing for Your Practice

We help you streamline the billing tasks through the following:

  • Integrate CollaborateMD with your existing EHR/EMR for a unified billing experience with real-time medical data.
  • Verify patient eligibility and insurance benefits coverage before scheduling appointments to reduce claims rejections and delays.
  • Check the available slots of healthcare providers and schedule appointments for patients to reduce no-show rates and cancellations.
  • Capture charges for medical services rendered with the right billing codes, such as CPT codes, ICD-10 codes, HCPCS Level II codes, modifier codes, etc.
  • Ensure compliance with various medical billing regulations such as HIPAA, GDPR, etc.  
  • Use the tool’s code-scrubbing engine to detect errors or inconsistencies in claims and resolve them before submitting them to the clearinghouse.
  • Submit electronic claims to the payers, including government programs (Medicare, Medicaid), Workers’ Compensation, VA, corporate insurance (UnitedHealth Group, Anthem, Aetna), etc.
  • Post payments from the payers in multiple types in the correct patient account and reconcile them with the charges captured.
  • Receive EOBs from payers, verify covered charges, and resolve issues, if any. Initiate the appeals process to get maximum reimbursement for the services rendered.
  • Calculate the patient payment responsibilities such as copays, deductibles, coinsurance, etc. and notify them to avoid unpaid bills.
  • Generate comprehensive financial reports on claims statuses, approved claims, billing performance, etc., to make informed decisions.

Our Comprehensive CollaborateMD Billing Services

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  • Patient Demographic Entry
  • Insurance Verification
  • Charge Entry 
  • Medical Coding
  • Claims Submission
  • Electronic Payment Posting
  • Denial Management
  • Accounts Receivable Follow-up
  • Patient Collections and Statements
  • Reporting and Analytics
  • Compliance and Regulatory Updates

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Request a Free 30-minute Consultation With Our CollaborateMD Billing Specialists Today!

  • How we use the CollaborateMD tool to improve billing accuracy.
  • How our services leverage CollaborateMD to comply with medical billing regulations such as HIPAA.
  • What makes our CollaborateMD billing experts the best.
  • How our CollaborateMD based reports help you in tracking billing performance.

Step-by-step process for CollaborateMD Billing Services
Step-by-step process for CollaborateMD Billing Services

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Why Choose Our CollaborateMD Billing Services?

We have years of experience working with the CollaborateMD to assist healthcare practices of several types. We use its user-friendly platform to manage the revenue cycle end to end. Our experts bank on the tool’s features to optimize clinical and financial workflows to improve billing performance and successful claims submissions. As a result, our CollaborateMD billing services ensure streamlined revenue cycles, maximize billing efficiency, minimize claims denials, and enhance overall financial performance for healthcare practices.

24

Years of
Experience

10+

Industry
Verticals

5000+

Experienced
Professionals

ISO: 9001:2015 Certified Company
ISO  27001:2013 Certified Company
HIPPA-Complience

24+

Years of Experience

35-40

Days in AR

98%

Clean Claim Rate (CCR)

<8%

Denial Benchmark

95%

Net Collection Rate (NCR)

Finance and Accounting Tools We Specialize In

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What Our Customers Say

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex
Leading Healthcare Provider in France

Invensis has been our revenue cycle management healthcare outsourcing partner for the past 5 years. They have always delivered on their commitments, whether it is meeting our Service Level Agreement (SLA) or improving our billing process.

Christopher Middleton
Leading Healthcare Company in US

Invensis has been a great partner providing quality medical coding and billing services. The team is extremely responsive to every query we pose, and the turn-around time for deliverables is always as committed.

Chris Lauren
Leading Healthcare Company in US

What Our Customers Say

We are thrilled with the impeccable chiropractic billing services offered by Invensis. Their comprehensive knowledge of the industry, prompt claims processing, and meticulous attention to detail have immensely benefited our healthcare reimbursements. Highly commendable!

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John Davis
Leading Healthcare Company in the UK.

We are extremely pleased with the exceptional hospital billing services provided by Invensis. Their expertise and attention to detail in Medicare billing and compliance in medical billing have streamlined our revenue cycle and improved financial performance.

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Emily Johnson
Leading Hospital in the US.

Invensis has been an invaluable partner for our organization, providing exceptional ASC billing services. Their expertise and dedication have significantly improved our revenue cycle management. Highly recommended!

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Sarah Smith
Leading Healthcare Provider in Italy.

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Contact Information

You can reach us at:

Call us
+1 (302)-261-9036
sales@invensis.net
Locate Us
Invensis Inc. 2785 Rockbrook Dr STE 204 Lewisville, TX 75067

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