Workers Compensation Billing Services

Is your practice struggling to accurately code and bill for workers compensation insurance? Is this challenge leading to claims denials or delays? Look no further! Our HIPAA-compliant workers compensation billing services assist you in billing and coding requirements and get maximum reimbursements.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripWorkers Compensation Billing Services

How We Streamline Workers Compensation Medical Billing for Your Practice

Our specialized coders and billers have extensive experience adhering to federal and state laws, AAPC, AMA, and HIPAA regulations, and insurance payer billing guidelines and fee schedules. Their expertise helps us assist healthcare providers in securing complete service reimbursements. The experts have years of experience getting maximum reimbursements by filling out forms like the First Report of Injury Form, CMS-1500, and more. Here is how we simplify the entire billing process for you: 

  • Leverage workers compensation-specific billing software coupled with digital data platforms such as EDI, EHR, EMR, and PCS to facilitate electronic claims submission and electronic payments.
  • Check with carriers regarding the coverage details for certain types of treatments or procedures for workplace injury or illnesses.
  • Assign correct billing codes such as ICD-10 codes, HCPCS Level II codes, and CPT codes (surgery codes: 10000–69999, E/M codes: 99201–99499, diagnostic services: 80000-89398, physical therapy: 97001-97799) for rendered services.
  • Comply with billing laws and regulations of various jurisdictions (country, state, or region) to ensure adherence and avoid potential penalties or fines.
  • Adhere to the fee schedules and payment guidelines set by insurance payers including state managed insurance funds, specialty insurers for high-risk businesses, professional employer organizations (PEOs), and others.
  • Maintain code specificity and regulations while handling different types of billing for workers compensation including value-based payments, fee-for-service, capitation, global billing, DRG billing, case rate billing, APC billing, utilization review billing, etc.
  • Submit clean claims to the appropriate workers' compensation insurance providers such as Travelers Insurance, The Hartford, Zurich North America, Liberty Mutual Insurance, Nationwide, State Insurance Funds (e.g., New York State Insurance Fund, California State Compensation Insurance Fund), etc. for timely reimbursements.
  • Review Explanation of Review (EOR) to understand the specifics of what the insurance has covered regarding a claim.

Our Comprehensive Workers Compensation Medical Billing Services

  • Eligibility verification
  • Coding and documentation
  • Claim submission
  • Payment posting and reconciliation
  • Denial management
  • AR Follow-up
  • Reporting and analytics
  • Provider credentialing
  • Compliance monitoring

Request a Quote

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

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

  • Your current challenges in workers compensation billing processes and how we will streamline it.
  • How we coordinate between providers, employers, and insurance payers to streamline workers compensation billing
  • How we comply with various state and federal regulations
  • Our medical success stories to exemplify our expertise in this field

Step-by-step process for Workers Compensation Billing Services
Step-by-step process for Workers Compensation Billing Services

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Why Choose Our Workers Compensation Medical Billing Services?

We are a leading workers' compensation billing services provider offering services to hospitals, clinics, physical therapy and rehabilitation centers, occupational health clinics, and urgent care centers. Our clients have banked on our billing services to request reimbursements for follow-up visits, physical therapy, occupational therapy, diagnostic services, surgical procedures, pain management services, etc. We are driven by a team comprising Certified Professional Coders, Certified Professional Billers, Certified Workers’ Compensation Professionals, and Certified Medical Compliance Officers. Our expertise helped our clients achieve a clean claims rate of approximately 98%, a reduction in accounts receivable (A/R) days by up to 45 days, denials maintained below 8%, and an estimated net collection rate of 95%.

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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