What Services Do Medical Billing Companies Offer?
When it comes to managing a healthcare practice, accurate and efficient billing is non-negotiable. That’s why many practices turn to third-party billing providers—but what services do medical billing companies offer, and how do you know what’s right for your clinic?
To help providers make smarter decisions, we built Medical Biller a free, searchable platform that lists medical billing companies across the USA by services offered, specialty, and software used. Whether you’re looking for full revenue cycle management or just coding help, Medical Biller makes it easy to find and compare providers that match your needs.
Here’s a breakdown of the most common services you’ll find among U.S. medical billing companies:
1. Insurance Eligibility Verification
Before any billing begins, verifying a patient’s coverage is critical. Billing companies:
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Confirm insurance is active and up-to-date
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Check benefits, deductibles, and co-pays
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Identify referral or pre-authorization needs
✅ Helps reduce claim denials due to ineligibility.
2. Medical Coding (CPT, ICD-10, HCPCS)
Medical coders translate clinical documentation into billable codes:
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CPT codes for procedures
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ICD-10 codes for diagnoses
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HCPCS Level II codes for supplies and medications
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Apply correct modifiers for specificity
3. Claim Submission & Processing
Once coded, the company submits your claims:
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Electronically (EDI) to clearinghouses or insurers
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Handles paper claims when needed
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Follows up on rejections or re-submits as required
✅ Fast, clean submissions mean faster payments.
4. Payment Posting & Reconciliation
After payment, billing teams post and match:
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Insurance payments (ERA or manual)
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Patient payments
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Adjustments, denials, and write-offs
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Verify bank deposits match posted payments
✅ Helps ensure no revenue is missed or misapplied.
5. Accounts Receivable (A/R) Management
Good billing companies help you collect what you’ve earned:
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Track outstanding claims and balances
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Follow up with insurance and patients
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Monitor aging buckets (30/60/90+ days)
✅ Keeps cash flow steady and reduces bad debt.
6. Denial Management
Denials are inevitable—but avoidable:
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Analyze reasons for denials
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Correct errors and resubmit
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Appeal unjustified denials
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Report on trends and root causes
✅ Essential to reduce revenue leakage and improve claim accuracy.
7. Patient Billing & Support
Handling patient balances is time-consuming. Billing firms offer:
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Statement generation and mailing
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Online bill payment portals
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Call center support for billing questions
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Payment plans or collections, if needed
✅ Professional handling improves patient satisfaction and collection rates.
8. Credentialing & Enrollment
Some companies offer credentialing services, including:
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Medicare/Medicaid enrollment
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Payer contracts
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NPI and CAQH registration
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Re-credentialing and updates
✅ Crucial for new providers or those expanding payer networks.
9. Compliance & HIPAA Security
Top billing providers ensure all services meet:
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HIPAA standards for privacy and security
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OIG compliance for audits
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PCI compliance for payment processing
✅ Reduces legal risks and ensures secure handling of sensitive data.
10. Performance Reporting & Analytics
Insightful data helps providers grow. Look for services like:
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Custom financial reports
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Denial trends
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Payment turnaround time
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Monthly reconciliation summaries
✅ Makes it easy to measure ROI and billing health.
Bonus: Specialty-Focused Services
Many companies specialize in:
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Mental health billing
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Pediatrics
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Chiropractic
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Cardiology
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Surgical centers
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Urgent care
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Telehealth billing
With Medical Biller, you can search billing companies by specialty—no guesswork needed.
Use Medical Biller to Find the Right Billing Partner
Medical Biller is the only directory that lets you:
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Filter companies by services provided
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Compare pricing models and software compatibility
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Read verified user reviews
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Contact providers directly
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Discover sponsored listings from top-rated firms
Whether you need help with just coding or full RCM, Medical Biller connects you with the most suitable partners across the U.S.
What Services Do Medical Billing Companies Offer?
Final Thoughts
Understanding the full range of services medical billing companies offer can help you choose a provider that improves revenue, reduces stress, and keeps your practice compliant. Use Medical Biller to simplify your search and find the best-fit billing partner today.
