Post-service
>
Medical Billing

Reduced payment denials. Increased Revenue.

With our efficient and hassle-free processing of Medical Billing, we ensure on-time payment of services rendered and can help save your practice thousands of dollars.

Up to
60
%+
payment accuracy
15
k
claims submitted
97
%+
adjudication quality
Up to
60
%+
payment accuracy
15
k
claims submitted
97
%+
adjudication quality
Up to
60
%+
payment accuracy
15
k
claims submitted
97
%+
adjudication quality
Up to
60
%+
payment accuracy
15
k
claims submitted
97
%+
adjudication quality
What we offer

Medical Billing

The medical billing process is an interaction between a healthcare provider and the insurance company. The entirety of this interaction is known as the billing cycle: the process of collecting and verifying patient information, reviewing patient care and imparted services and submitting and generating revenue.

Streamlined Medical Coding and Billing

Synova ensures accurate diagnosis codes, comprehensive compliance checks, efficient data collection, and minimizes revenue leakage.

helps with

  • Reducing coding errors
  • Ensuring compliance
  • Maximizing revenue

Seamless Patient Eligibility and Benefits Verification

Synova ensures accurate and timely verification of patient insurance coverage and benefits. This includes collecting essential patient information like demographics, insurance IDs, policy numbers, and coverage dates to initiate the verification process.

helps with

  • Accurate insurance verification
  • Reducing claim denials
  • Streamlining patient coordination

Multi-Platform Compatibility

Our advanced technology and infrastructure, including web-based SaaS and remote access solutions, seamlessly support various client platforms.

helps with

  • Enhancing accessibility
  • Ensuring platform flexibility
  • Supporting diverse systems

Guaranteed Consistency Between CPT Codes and Diagnoses

Synova bridges the gap between CPT codes and diagnoses, ensuring they accurately reflect the services provided and support proper reimbursement.

helps with

  • Improving coding accuracy
  • Ensuring proper reimbursement
  • Reducing claim rejections

Systematic Reimbursement Follow-Up

We implement comprehensive follow-up strategies to expedite and secure accurate reimbursement for your healthcare services. Our dedicated specialists conduct systematic reviews to identify potential issues such as coding errors, inadequate documentation, or billing discrepancies that might be causing payment delays or denials.

helps with

  • Securing timely payments
  • Identifying billing issues
  • Enhancing revenue cycle management

Find what’s Right for you

Discover how Synova can unlock value through our customized solutions across all stages of your healthcare journey. From optimizing operations to enhancing patient care, we're here to support your journey toward excellence in healthcare delivery.

Challenges We Solve

Choosing Medical Billing

Coding & Billing Errors

Up to 80% of medical bills in America contain errors, which lead to a loss of over $100 billion per year.

Streamlined Reimbursement

Slow reimbursements can disrupt your cash flow. Our efficient billing processes and follow-up procedures get you paid faster, keeping your practice financially healthy.

Compliance Made Easy

Navigating ever-changing regulations can be stressful. Our compliance experts stay up-to-date with the latest rules and guidelines minimizing your risk of audits and penalties.

Measurable Impact

Up to
60
%
reduction in denials
Up to
97
%
first-pass ratio
15
k
claims submitted
Customized Solutions

Designed for your Requirements

Our service solutions streamline operations, enhance patient engagement, and integrate advanced clinical support technologies, tailored to meet your specific needs with efficiency and excellence.

Enhanced Claim Accuracy and Efficiency

Synova streamlines clinical documentation, coding, and billing, ensuring the highest quality of submitted claims. This translates to a remarkable first-pass rate exceeding 97%.

Maximized Revenue Capture

Synova ensures accurate and timely billing for your services, leading to optimized revenue capture and reimbursement. Efficient coding, claims submission, and billing practices empower you to achieve financial stability through improved revenue generation.

Minimize Denials and Rejections

Synova significantly reduces claim denials and rejections by ensuring accurate coding, complete documentation, eligibility verification, and strict adherence to billing regulations. This minimization translates to improved cash flow and a lighter administrative burden.

Focus on What Matters Most

Synova takes care of the complex and time-consuming billing tasks, allowing you to dedicate your time and energy to what matters most – providing exceptional patient care.

how it works

How Synova Is Integrated with your Business

Synova integrates seamlessly into business operations by deploying advanced technologies and specialized expertise in healthcare operations management. This integration optimizes processes, enhances efficiency, and ensures compliance, supporting sustainable growth and improved patient care outcomes.

01

AI-Powered Documentation Review and Analysis

Our AI model streamlines clinical documentation review by identifying diagnoses and procedures. It interprets unstructured data in notes, converting it into structured codes and disease patterns for a comprehensive, code-level understanding of medical information.

02

Standardized Coding by Medical Experts

Leveraging the AI's suggestions and reviewed documentation, our medical team meticulously assigns standardized codes to represent the healthcare services, procedures, diagnoses, and treatments documented in the patient's clinical record.

03

Streamlined Claims Submission

With accurate medical codes in place, a claim is generated and submitted to the insurance company or payer. This claim details patient information, the medical codes for services provided, and the associated charges.

04

Efficient Payment Processing and Follow-Up

The insurance company processes the claim and determines the reimbursement amount, specifying charges, deductibles, co-payments, and the final payment amount. Our billing team manages denied or underpaid claims. This includes appeals, resubmissions with additional information, as well as maintaining accurate records, tracking outstanding balances, and following up on any unpaid or disputed claims.

frequently asked questions

All your Doubts Resolved

What is medical billing?

Medical billing is the process of submitting claims to insurance companies for reimbursement of medical services provided to patients. It involves accurately coding diagnoses and procedures, verifying insurance coverage, submitting claims, and following up on payments and denials.

Can you integrate with my practice management system or EHR?

Absolutely. We can seamlessly integrate with most practice management systems and electronic health record (EHR) software to ensure a smooth and efficient billing workflow.

How to process Medical bills?

Processing medical bills is a lengthy and time-consuming procedure that involves various steps such as gathering information, creating an invoice, payment, and follow-up, among others. Synova’s team of experts manages the complex and time-consuming billing tasks, so you can focus on patient care.

How do you handle patient billing and collections?

In addition to handling insurance claims, we can also manage patient billing and collections. We provide clear, accurate statements to patients and follow up on outstanding balances through courteous and professional communication.

How do you handle claim denials and appeals?

Our experienced team carefully reviews all claim denials to identify the root cause and determine the appropriate course of action. We then work diligently to resolve the issue, whether through correcting coding errors, providing additional documentation, or filing appeals with payers.

How do you stay up-to-date with coding and billing changes?

Synova’s medical billing experts continuously monitor updates and changes to coding systems, payer policies, and billing regulations. We invest in ongoing training and education to ensure our team is always operating with the latest knowledge and best practices.

Your Process, Our Technology

Building a Partnership grounded in trust and transparency.

When we build solutions with healthcare organizations like yours, it significantly reduces development and adoption times. We work as partners to solve problems and unlock tangible value.

Accelerated Outcomes
Partnering with Synova reduces development and adoption times, expediting the delivery of efficient revenue cycle solutions.
Value-driven Collaboration
By combining healthcare organizations’ patient-focused experience with Synova’s expertise, our partnership unlocks tangible value and fosters innovation.
Compliance Assurance
Collaborating with Synova ensures solutions are developed to meet industry standards and regulations, fostering trust and delivering high-quality, compliant outcomes.

Bring a change to your Healthcare Operations

A partnership with Synova gives you an inherent:

Adherence towards federal, state, and organizational compliances, as well as safeguarding patient data.

Sense of ownership and commitment towards providing value.

Focus on speed, accuracy, efficiency, and optimal outcomes.

Sense of security and transparency through periodic reporting and actionable insights.

Connect with our experts for a quick analysis and possibilities.

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