Creating a better tomorrow nexwavemedpay
Efficient Revenue Cycle Management Services
Maximize your revenue potential with our streamlined RCM services tailored to your medical practice needs, delivering accuracy, efficiency, compliance, and exceptional financial performance.
Full Suite of RCM Solutions
Improve efficiency, save time, and increase patient experience with end-to-end revenue cycle management services.
Medical Billing & Coding
Reduce claim denials to fuel your reimbursements and get paid on time to streamline revenue cycle.
Patient Accounts
Leverage modern patient experience and eligibility verification to achieve seamless processes.
QA & Analysis
Automate practice workflows with scheduling, eligibility, reporting, efficient billing and much more.
Prior Authorization
Get affiliated with maximum insurance payers to increase patient engagement and grow your network.
Credentialing Services
Get affiliated with maximum insurance payers to increase patient engagement and grow your network.
Front Desk Services
We simplify front office management and help your office managers to streamline practice workflows successfully.
Medical Transcription Services
We ensure that clinical data is accurately transcribed in compliance with HIPAA regulations
AR Management
Effective AR Management ensures smooth cash flow for your medical group practice by efficiently collecting patient payments.
Revenue Optimization
Optimize revenue and increase practice productivity while decreasing administrative workloads
WELCOME TO Nexwavemedpay
Outsource Medical Billing
We offer Medical Billing Services to practices of all sizes. NexwaveMedpay takes care of all the revenue cycle process aspects to ensure your practice avoids claim denials. As a leading medical billing company in the USA, we stand out among the top providers in the industry.
Outsourcing medical billing helps:
- Streamline the billing processes for faster payments.
- Reduce billing errors and rejections, leading to fewer claim denials.
- Provide access to specialized billing expertise and technology.
- Enable healthcare providers to focus on patient care rather than administrative tasks.
Why Are Medical Billing Audits Important?
Medical billing audits are crucial because they help identify errors and inconsistencies in medical billing. Moreover, audit services provided by a reputable medical billing company ensure compliance with regulations and policies, reduce the risk of fraudulent billing, and assist healthcare practices in maximizing revenue by pinpointing areas of improvement in their billing processes.
Medical billing audits can help:
Ensures compliance with regulations and reduces financial risks. Classifies errors and discrepancies in billing processes, leading to improved revenue and cash flow. Helps in identifying areas for processes improvement and training needs.
Cost Effective Solution
The following is an estimate, and the rate percentage can be customized according to your needs.
Cost Effective Solution
1: In-House Billing Cost
Calculations based on a Medium-scale practice with $100,000 collection/Monthly
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Personnel Cost $15,000 - $20,000
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Overheads Overheads
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Total $20,000 - $25,000
2: LuminaHS RCM Services Cost
Calculations based on a Medium-scale practice with $100,000 collection/Monthly
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Billing Service Rate 5-7% of collected revenue
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Total $5,000 - $7,000
3: Monthly Savings with LuminaHS
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Total $13,000 - $20,000
We are Fully Trained on your existing EMR
Contact Us
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Get in touch with us
Whether you have questions about our services, want to discuss a project, or simply need assistance, we're here to help. Feel free to get in touch via phone, email, or by filling out the contact form below.
Mail us
info@nexwavemedpay.com
Have any question?
520-355-9244
Location
1846 E. Innovation Park Dr. STE 100, Oro Vally. AZ 85755