Radiology Billing Services

Are diminishing reimbursement rates, skyrocketing infrastructure costs, and the shifting payer mix hurting the revenue prospects of your radiology practices? Look no further! Our HIPAA-compliant radiology medical billing services will help you reduce claims denials and increase revenue.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripRadiology Billing Services

How We Streamline Radiology Medical Billing for Your Practice

Our team consists of certified professional coders (CPC) and billers (CPB) who are fully aware of the complexities of radiology medical billing. The AAPC-certified experts submit clean claims electronically to the clearinghouse, minimizing errors and maximizing first-pass acceptance rates. Here’s how they do it for you:

  • Integrate Electronic Medical Records (EMR), Electronic Health Records (EHR), Electronic Data Interchange (EDI), and Practice Management Systems (PMS) with radiology-specific billing software to facilitate electronic claims processing and electronic payment processing.
  • Gather patient demographics (medical history, physician referrals) and insurance details (coverage upfront, preauthorization requirements, effective dates, expiration dates, claims addresses) to verify eligibility for claims processing.
  • Delegate professionals with niche expertise in value-based billing, telemedicine billing, capitation billing, and episode-of-care billing processes.
  • Segregate bills as per radiology cost components such as technical components (TC), professional components (PC), and global billing.
  • Pay particular attention to using the correct radiology CPT code, ICD-10 code, HCPCS Level II codes, modifiers, and Dx-codes. The assigned codes are evaluated for quality to ensure accurate reporting of imaging procedures, proper documentation, adherence to radiology coding guidelines, etc. 
  • Align with the American Medical Association (AMA)-specified 70010-79999 code range for radiology procedures to handle the proposed changes and continue to provide top-notch services.
  • Cover billing for interventional radiology procedures (X-rays, CT scans, and MRI), radiation oncology treatments (external beam radiation therapy, brachytherapy, and stereotactic radiosurgery), diagnostic imaging, nuclear medicine, cardiology procedures, and more. 
  • Align with the guidelines of Medicare, Medicaid, workers' compensation insurance, Tricare, other private insurance payers like Humana, Aetna, etc, and fee schedules relevant to each entity to ensure zero-error claims file documentation.
  • Identify and address any contractual adjustments required by your payer agreements.
  • Obtain EOBs from the insurance payers to verify any uncovered services or disputes. If any, we resolve it and initiate the appeals process.
  • Generate transparent reports detailing charges, allowed amounts, deductibles, co-payments, and co-insurance for each patient with the help of EOB. Notify patients about their payment responsibilities to prevent unpaid claims.

Our Comprehensive Radiology Medical Billing Outsourcing Services

  • Insurance verification
  • Billing and coding
  • Claims submission
  • Denial management
  • Accounts receivable management
  • Payment posting
  • Patient billing and collections
  • Compliance management
  • Reporting and analysis

Request a Quote

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

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

  • Overview of your current radiologist billing services and underlying challenges
  • How can our end-to-end billing services help you overcome claims denials and increase efficiency? 
  • Specific measures in place to ensure accurate coding and documentation for improved bottom line.
  • How we monitor significant billing and claims metrics to improve efficiency and boost revenue for your practice.

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

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Why Choose Our Radiology Medical Billing Services?

We have 24 years of experience in offering comprehensive radiology billing and coding services to diverse clients across the globe. Our clientele includes radiology practices, multispecialty healthcare institutions, imaging centers, university medical centers and teaching hospitals, teleradiology, and mobile radiology service providers. We are home to specialists such as radiology billers certified with CPB and coders certified with CPC, certified medical reimbursement specialists (CMRS), insurance specialists, quality assurance specialists, medical transcriptionists, etc., with the necessary certification from the Radiology Coding Certification Board (RCCB). Their expertise and efforts have created visible results for our clients, including a decrease in claims denials to maintain less than 8%, up to 98% clean claims rate, and managed average AR days between 25 to 40 days. Also, our team helped our clients achieve a net collection rate of up to 95%. These results underscore our deep industry knowledge and our client's trust in us, leading them to choose our services consistently.

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)

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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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