Deciding on a vendor requires a lot of research. But asking the vendors for certain specific information can make the task a lot easier. Similarly, medical billing is also a very crucial process that requires time, dedicated staff, knowledge and accuracy.. Associating with a reputable and professional medical billing company can resolve a lot of billing issues and provide results.

1. Are you looking for
Medical Billing
Company?
MGSI LLC – Medical Billing Company

3. Abstract
 Facts to Validate
 How to choose the Right Medical Billing Company?
 Value for Money
 Some Questions to Ask Before Hiring a Medical Billing Company
 Importance of Technology
 Offer Complete Transparency
 About us
MGSI LLC – Medical Billing Company

4. Facts to Validate
 Deciding on a vendor requires a lot of research. But
asking the vendors for certain specific information can
make the task a lot easier.
 Similarly, medical billing is also a very crucial process
that requires time, dedicated staff, knowledge and
accuracy.
 Associating with a reputable and professional medical
billing company can resolve a lot of billing issues and
provide results.
MGSI LLC – Medical Billing Company

5.  At present, one may come across a wide array of large-
scale medical billing companies. This has also made the
healthcare industry more complex and competitive
with every passing day.
 A practitioner or a healthcare organization needs to
know what they require and should expect from a
billing company and must compare all the offerings
from different billing companies.
 Medical billing requires skilled employees,
sophisticated technology and constant vigilance.
MGSI LLC – Medical Billing Company

6. How to Choose the Right Medical
Billing Company?
 One needs to know the difference between a dubious
medical billing company and one whom they can trust
with the patient’s medical information.
 Insist a vendor offers a business associate agreement
to maintain PHI security and overall HIPAA compliance.
 With the right billing company, a practitioner can
significantly reduce their time spent on billing issues
and can focus more on patient care.
 The below mentioned points will help one understand
how to choose the perfect billing company.
MGSI LLC – Medical Billing Company

7. Value for Money
 An experienced, end-to-end medical billing company
consists of professional billers and advanced revenue
cycle management experts.
 There is a cost and value associated with end to end
medical billing & collections.
 Some vendors offer a reduced rate, however, there are
limitations attached along with additional hidden costs.
 Making a decision on cost alone is not enough.
MGSI LLC – Medical Billing Company

8. Some Questions to Ask Before Hiring
a Medical Billing Company
 Company’s total years of experience
 How many people are assigned for the account?
 What kind of training does the staff have?
 Do they have certified coders?
 How many years of experience in your specialty?
 How HIPAA compliant are you?
 Do you have a compliance plan?
 Do you have any professional affiliations?
MGSI LLC – Medical Billing Company

9.  Can you provide references?
 Who owns the billing data?
 Do they offer denial management?
 Can they keep track of and make analysis of your
“rejected claims’’?
 Will your organization alert me about contract issues?
 What type of reports will you receive?
 Are there billing follow up items which they do not
handle?
 Can they add value with their Fee Scheduling
knowledge?
 Would they assist in Credentialing with a specific
payer? MGSI LLC – Medical Billing Company

10. Importance of Technology
According to analysis, a lot of independent physicians
utilize an integrated practice management, and EHR
software. Does the billing company vendor:
 Do you provide a cloud based practice management
software?
 Do you offer an integrated EMR?
 Are your processes mostly electronic?
 What kind of data backup and recovery procedures do
they follow?
MGSI LLC – Medical Billing Company

11. Offer Complete Transparency
 Experienced and highly qualified medical billing
companies use enhanced cloud-based systems, where
one can expect 24/7 access to any claim or any data.
 As well as real time data. Through the software, one
can have easy access to payments, charges,
adjustments, write-offs, posted payments and more.
 Transparency allows for:
 Summary of the charges
 Summary of the payments
MGSI LLC – Medical Billing Company

12.  Aging Summary (AR)
 Aging claims by the insurer
 Summary of adjustments, which includes defined
write offs, contractual adjustments and refunds
 Procedure analysis
 Denial reasons
You get what you pay for. Lower rates aren’t always the
better option, and a lower fee of your bottom line doesn’t
always save the practice money?
MGSI LLC – Medical Billing Company

13. About US
 MGSI is the best medical billing company in Florida.
 We Provide various billing services such as
 Radiology Billing Services
 Cardiology Billing
 Anesthesia Billing
 Physician Billing Services
 Denial Management
 Insurance Eligiblity Verification
 Physician Practice Management
 Reveuce Cycle Management
 AR Follow Ups etc.
MGSI LLC – Medical Billing Company

14. Contact us
 For more information,
 Please contact MGSI at +1-877-896-6474
 Email us: info@mgsionline.com
 Check our website: www.mgsionline.com
MGSI LLC – Medical Billing Company

15. MGSI LLC – Medical Billing Company