Medical Billing Companies & Consultants in Valley Stream, NY

Care Reimbursement Medical Billing Solutions, which also goes by the shorter name CRMBS, is an outsourced medical billing and revenue cycle firm based in Valley Stream, New York. It works with healthcare providers across the United States. Its clients include individual physicians, group practices and larger facilities, and the firm sells its work as a single source for the billing and administrative tasks that sit between patient care and payment.

Services

The company covers the full revenue cycle, from checking a patient's coverage before a visit to collecting money once a claim is settled. Its published services include:

• End-to-end revenue cycle management
• Medical billing and coding
• Credentialing providers with insurance payers
• Verification of benefits (VOB)
• Follow-up on accounts receivable and open claims
• Denial management and resubmission
• Payment posting
• Practice audits and financial reporting
• Dental billing
• Patient help desk support and managed healthcare IT services

Because it offers credentialing, benefit checks and patient help desk work along with core claims handling, a practice could hand over both front-office and back-office tasks to one vendor instead of hiring several.

Specialties Served

CRMBS says it bills for a very wide range of clinical fields. Its intake form lists more than forty specialties, among them cardiology, behavioral and mental health, psychiatry, anesthesia, pathology, radiology, orthopedics, gastroenterology, oncology, nephrology, urgent care, emergency medicine, physical and speech therapy, chiropractic, podiatry, laboratory services, sleep medicine and personal injury work. Prospective clients can also pick from different organization types, such as solo and private practices, group practices, nursing practices, hospitals, urgent care centers, home health agencies and ambulatory surgery centers. That suggests the firm handles both professional and facility billing.

How It Works With Clients

New clients usually start with a free consultation or discovery call. The firm also offers a free practice audit, which lets a provider have its current billing reviewed before signing on. CRMBS says its billers and coders focus on preparing claims quickly and correctly, and that it keeps track of changes in insurance rules so codes stay accurate across specialties. It also commits to clear, transparent reporting, so clients can see how their revenue is doing.

What Sets It Apart

The firm states that it follows HIPAA rules. It reports a claim acceptance rate of 99 percent and says fewer than 1 percent of its claims are rejected. Its pitch to buyers is mostly about cost: outsourcing to CRMBS means a practice doesn't have to recruit, train or pay in-house billing staff and still gets experienced people working on its accounts. Third-party business listings put the company's headcount at roughly 11 to 50 employees, with its main office at the Valley Stream location. For practices comparing billing vendors, CRMBS is a mid-sized firm that covers a lot of specialties and offers a full set of revenue cycle services, plus free audits before any contract.