Medical Billing Companies & Consultants in Englewood, NJ

Park Medical Billing is an outsourced billing and revenue cycle firm based in Englewood, New Jersey, that works with healthcare practices throughout the United States. Its clients range from solo clinicians and group practices to specialty clinics and organizations with multiple locations. The company presents itself as a technology-driven alternative to in-house billing, and it aims to handle the full reimbursement process from the time a claim is created until final payment arrives.

Background and Leadership

Chol Park owns and runs the firm. His career includes work as a senior IT project manager and as a consultant to several physical therapy clinics. The billing problems he saw at those clinics led him to build SPHERE, a proprietary system the company calls its revenue assurance platform. Park combines this technical background with a staff of billing specialists. The company says it has more than 15 years of billing experience and a similar amount of information technology experience, and the copyright notice on its site goes back to 2011. The firm reports that in 2025 its clients averaged a 98 percent collections rate and that it collected over $38 million for them.

Services

Practices can hire Park Medical Billing for a wide range of revenue cycle work, including:

• Medical billing and coding
• Claim scrubbing and electronic submission
• Payment posting
• Denial management and appeals
• Accounts receivable follow-up
• Tracking of prior authorizations
• Insurance coverage checks on each claim
• Provider credentialing and payer contracting
• Patient statements
• Custom financial reports and billing cost analysis

Specialties Served

Physical therapy is one of the firm's main areas, and many of the client testimonials on its site come from owners of physical therapy clinics. It also bills for occupational and speech therapy, behavioral health and psychiatry, anesthesia, pain management, chiropractic, orthopedics, radiology, neurology, cardiology, internal medicine, and allergy and immunology. The company also has a separate program for smaller practices.

How the Firm Works With Clients

Each client gets one account manager who leads a team of billers, payment posters and patient payment staff and acts as the main point of contact. Billing data moves automatically from the practice's EHR, EMR or practice management software into the company's workflow. The site names WebPT, AdvancedMD and ChiroTouch as connected systems and lists Tebra as a technology partner. An AI-assisted engine checks each claim against payer requirements, code edits and modifier rules, and coders review any claims it flags. The firm also emails denial reports every day and tracks denial trends by payer and CPT code. Unpaid claims are worked in priority order based on dollar amount, age and filing deadlines.

For buyers comparing vendors, a key difference is the contract model. The firm works month to month and does not require long-term agreements. Clients can use a web-based dashboard with real-time reporting tailored to their practice, instead of receiving a standard report once a month. The company says it is fully HIPAA compliant and keeps up with changes to Medicare guidelines. Practices thinking about switching vendors can book a free consultation.