Physical Therapy Billing Services

Are you struggling to manage accurate billing for your physical therapy practice? Are inaccurate claims often leading to claims denials and rejections? Look no further! Our specialized and HIPAA-compliant physical therapy billing services help streamline your billing process, reduce claims denials, increase revenue, and improve overall financial management.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripPhysical Therapy Billing Services

How We Streamline Physical Therapy Billing For Your Practice

We offer a comprehensive solution to streamline physical therapy billing for your practice. Our certified coding specialists (CCS) and certified professional billers (CPB) are adept at handling all aspects of DME billing, from verifying patient insurance and obtaining pre-authorizations to submitting accurate claims and managing accounts receivable. We ensure compliance with industry regulations and use the latest technology to speed up the claims process, reduce errors, and minimize claims denials. Here is how our team does it for you:

  • Use physical therapy-specific billing software that integrates electronic health records (EHR), electronic medical records (EMR), electronic data interchange (EDI), and practice management systems (PMS) to implement processes like electronic claims submission and electronic payments.
  • Capture all the relevant patient information (patient demographic, medical history, initial evaluation, plan of care (POC), and insurance provider information (patient's insurance coverage, including eligibility, benefits, and any pre-authorization requirements, coordination of benefits (COB), etc.,) to ensure complete claims documentation.
  • Expertise in handling various billing types, including value-based billing, telemedicine billing, capitation billing, episode-of-care billing, and others.
  • Strict alignment with the American Medical Association-specified codebooks and modifiers (97000 series Current Procedural Terminology (CPT), International Classification of Diseases, Tenth Revision (ICD-10) codes, HCPCS codes, modifier 59, NCCI edit pairs)  to accurately capture medical diagnoses and procedures units.
  • Maintain code specificity while billing for various physical therapy procedures, including manual therapy, modalities, hydrotherapy, dry needling, kinesio taping, and more.
  • Stay up-to-date with fee schedules, claims submission guidelines, and payment regulations of Medicare, Medicaid, other private insurance programs (Aetna, Humana, Tricare, etc.), workers' compensation insurance, Tricare, and others.
  • Assign a dedicated professional to oversee claims status inquiries, serving as a liaison between the payer and healthcare company to monitor the claims adjudication process.
  • Receive EOBs from insurance payers and verify it for claims denials. If any disputes, we resolve them and initiate the appeals process to gain reimbursement for uncovered services.
  • Generate clear and comprehensive reports outlining charges, permitted amounts, deductibles, copayments, and coinsurance for every patient and notify them about payment responsibilities. This way we help our clients to prevent unpaid bills.

Our Comprehensive Physical Therapy Billing Outsourcing Services

  • Insurance verification and eligibility checks
  • Coding and documentation
  • Claims submission and processing
  • Denial management and appeals
  • Accounts receivable (AR) management
  • Payment posting
  • Patient billing and collections
  • Compliance monitoring
  • Reporting and analytics
  • Credentialing and contracting

Request a Quote

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

During the consultation, some of the issues we can discuss are: 

  • Your current physical therapy billing process, challenges, inefficiencies, and its impacts
  • How we address the common billing errors to improve claims submission accuracy
  • Measures we take to improve various key metrics like first-pass claims acceptance rate, denial rate, clean claims rate, etc.
  • Our success stories in delivering billing and claims for complicated physical therapy services.

Step-by-step process for Physical Therapy Billing Services
Step-by-step process for Physical Therapy Billing Services

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Why Choose Our Physical Therapy Billing Services?

We are an established PT billing services provider offering tailored solutions to a diverse clientele for over 24 years. This list includes home healthcare centers, hospitals, rehabilitation centers, outpatient clinics, sports medicine clinics, corporate health centers, etc. Our team comprises physical therapy billers (CPB) and coders (CPC, CCA, CCS), certified medical reimbursement specialists (CMRS), credentialing specialists, insurance specialists, quality assurance specialists, and medical transcriptionists. Their expertise has yielded a nearly 98% clean claims rate, a reduction in AR days to maintain between 35 to 40 days, and a decrease in claims denials to reach below 8%. As a result, our services have offered a 95% net collection rate for all our clients.

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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NETSUITES
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Quckbooks
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ZOHO
Appfolio
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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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