Medical Billing Companies & Consultants in Glen Rock, NJ

ClaimPower, Inc. is a medical billing and healthcare software firm that works mainly with independent physician practices. It was founded in 1992 and is still run by a family. The company handles the revenue side of medicine: the claims and financial paperwork that would otherwise take doctors and staff away from patients. It pairs outsourced billing with cloud software it builds itself, so practices can hand off collections work and still see their own data directly.

Services and software

The main business is managed billing that aims to raise collections and cut administrative costs. Around that service, ClaimPower has built a set of tools and extra services:

• Outsourced medical billing and revenue management
• An electronic health record (EHR/EMR) platform, free for billing clients
• Practice management software with reporting and analytics you can customize
• An appointment scheduler
• MIPS help from certified staff, including filing on the provider's behalf
• Provider credentialing, so clinicians are set up correctly with every payer
• A documented API for linking other systems to the platform

The EHR holds 2015 Edition certification under stage three of the federal Meaningful Use program. The company points to this as the basis for working smoothly with other systems and for the shift to value-based payment. Features include ordering labs and viewing results on the same screen, templates that can be changed to match a practice's routine, Dragon voice dictation for notes, secure messaging with patients and other physicians, and tools for Chronic Care Management and Transitional Care Management. The system is cloud based, so it runs on different platforms and devices and clients can reach their records at any hour.

How they work with clients

ClaimPower says it offers the capacity of a big firm with the personal attention of a small one. It does not require long-term contracts. Staff will visit a client's office to train users on the EHR, and the MIPS team works with each physician to earn the highest incentive payments available. Client testimonials on the site mention faster reports, quick support and a willingness to change the software based on doctors' suggestions. One review is from an OB/GYN in California and another is from a president of the Essex County Medical Society, which shows the client base reaches beyond New Jersey.

Background and team

ClaimPower writes all of its own software instead of licensing it from other vendors. It also runs an operations office in Vashi, Navi Mumbai, India, with more than 100 staff. The company says this offshore setup lets it give each client more service at a lower cost. It also lists an address in Miami, Florida. Its stated values are diligence in watching client accounts, proactivity in finding new ways to help, collaboration, and kindness. It notes that many clients and employees have stayed with the firm for more than ten years, which may matter to buyers looking for a long-term billing partner.