Medical Billing Companies & Consultants in Alabaster, AL

Novelty Medical Billing Solutions, LLC, also known as NMBS, is a medical billing and accounts receivable firm based in Alabaster, Alabama. Since 2007 it has worked as an outsourced billing department for healthcare providers. It handles the revenue side of a practice so that physicians and office staff can spend more of their time on patient care.

The company is a member of the Shelby County Chamber, and its president and COO, Yulondia Bonham, has led the business since it was founded.

What the Firm Does

NMBS covers the full billing cycle, from coding encounters and submitting claims to tracking payments and dealing with balances that remain unpaid. A large part of its pitch is recovering money that practices have not collected yet. It focuses on receivables older than 60 days and offers a guarantee to bring that aged balance down.

It also says it aims to raise client cash flow by at least a third. The team pursues claims that were never paid, claims that were denied, and claims that payers paid only in part or at a reduced amount.

• Medical coding and claim preparation
• Electronic claims processing and submission
• Complete accounts receivable management
• Recovery of aged receivables over 60 days
• Appeals of unpaid, denied and partially paid claims
• Billing carried out in the practice's existing software
• Data conversion when a practice changes systems

How It Works With Clients

The firm calls its model a virtual employee. Clients do not need to buy new software. NMBS staff log in remotely to the practice management system the office already uses, and they can also convert data if the client prefers.

Because billing goes on around the clock, claims can go out quickly, which helps limit denials and shorten the time payments spend in receivables. The company says this approach saves practices the overhead of an in-house biller, such as salaries, benefits, overtime, raises, paid vacation, training, liability exposure, and gaps in coverage when an employee is out unexpectedly.

Compliance and Risk

NMBS puts compliance with OIG guidance and HIPAA at the center of its work. For buyers worried about audit exposure or patient data privacy, this is a key consideration. The firm presents outsourcing as a way to ease the pressure and risk that come with running billing internally. It offers comprehensive coverage meant to give a practice the financial footing it needs to stay viable.

Who It Serves

The company works with physician practices and other healthcare providers that want an outside team to run their billing and collections. Its team has billing administration experience across many medical specialties, so it is not limited to one field. It may suit practices that have a backlog of aging claims, frequent denials, or turnover among in-house billing staff, and that want to keep using their current software.