San Antonio has a robust healthcare system with 27 major acute-care hospitals. These numbers are evidence of the city’s growing healthcare needs. Besides, constantly constructing new facilities to meet the demands further complicates medical billing and revenue cycle management (RCM) because accurate and efficient billing is crucial for the financial health of these institutions.
Therefore, this blog will discuss the top 10 medical billing companies in San Antonio that can help healthcare providers navigate the complexities of the healthcare revenue cycle, reduce denial rates, and improve their financial standing.
Top 10 Medical Billing Companies in San Antonio
Here’s a list of top-rated San Antonio medical billing companies that we have shortlisted for you after implementing a well-thought-of methodology!
1. MediBillMD
With a 4.9 Clutch rating, 4.8 GoodFirms rating, and 4.8 Trustpilot rating, MediBillMD stands at the top of our ‘Best Medical Billing Companies in San Antonio’ list.
Its medical billing services are 100% HIPAA-compliant. Besides, some of its note-worthy certifications include ISO 9001, AAPC membership, and the American Society for Reproductive Medicine (ASRM) partnership.
It takes pride in helping its partnered medical facilities and healthcare providers to limit their account receivable (A/R) days to less than 30, enhance revenue by 10-15%, and increase collection rate, first-pass ratio, and clean claim rate to 96%, 97%, and 98%, respectively.
Currently, it is serving over 50 specialties, including thoracic surgery, pulmonology, neurosurgery, and cardiology. Other than billing, its solutions include credentialing, old A/R recovery, audit, and denial management. For pricing, you can easily schedule a call with its representative by clicking the ‘Get a Quote’ button.
2. Progressive Medical Billing
Another firm that made its way to our ‘Best Medical Billing Companies in San Antonio’ listicle is Progressive Medical Billing. The firm claims to have over fifty years of combined industry experience and serving providers with its billing solutions since 1997. It is also a proud member of the AMBA, BCMS, and BBB.
It primarily serves workers’ compensation, physical therapy, pain management, family practice, internal medicine, and established and new orthopedic practices. It offers various solutions, including primary and secondary insurance billing, patient billing and collection, billing structure evaluation and review, etc. Besides, it claims to have supercharged the collections of its partnered firms by 30% to 278% in the last three years. Pricing details are not mentioned on the website.
3. Adept
Are you a new healthcare provider seeking a solution that may also help you set up your practice? Adept or Adept Billing Services and Consulting, Inc.’s offerings go beyond traditional billing and coding, such as consulting and practice setups. Its other solutions include credentialing, revenue cycle management, bookkeeping, and payment collection.
It is one of the few billing companies in San Antonio that is an active member of MGMA, ASMBS, and AAPC, reflecting the firm’s commitment to the healthcare billing industry.
You can schedule a consultation for any queries about its solutions or pricing. Also, there are no client testimonials, and the number of specialties or types of practices it serves is not mentioned on the website. So, you may also ask about the billing firm’s client portfolio during the call.
4. Ultra Medical Solutions
Is revenue leakage your biggest concern? Ultra Medical Solutions claims to ensure zero revenue loss for its partnered healthcare organizations. Compared to the other medical billing companies in San Antonio we have covered in our listicle, it is considerably a new entrant, as it started its operations in 2022.
However, the stats on the website show that the company has 83% client retention, 55% business closed by referrals, and 87% team growth, which is truly remarkable.
Its notable offerings include medical transcription, revenue cycle management, physician credentialing, consulting, medical billing, and coding. However, the specialties it mainly serves are unclear.
Pricing details are not disclosed on the website, but you can get a free quote, schedule a complimentary consultation, or experience a demo by filling out a simple form.
5. Xcel Medical Solutions
Are you in pursuit of excellence in a medical billing firm? Xcel Medical Solutions promises it. It uses the keywords Xcellence, Xpect, and Xpert to describe its solutions! With over three decades of experience under its belt, we cannot say this medical billing company in San Antonio exaggerated because it is tough to survive in this highly complex and intricate business for this long.
Its offerings include paper and electronic claim submission, patient statement processing, primary and secondary insurance billing, patient billing, claim follow-up, and monthly aging reporting.
The company is empowering 2 dental specialties, including general practice and orthodontics, and 10 medical specialties, including pathology, gynecology, and physical therapy.
You can fill out a short form for pricing inquiries by clicking on the ‘Contact Us’ button.
6. Psyquel
Psyquel is exclusively serving mental health practices with its tailored solutions, ranging from back-office support to insurance claim submission, credit card processing, EHR, and telehealth billing.
It has a 4.5-star rating on Capterra and Software Advice. Besides, it is an accredited business at the Better Business Bureau (BBB) and acquired the Best Ease of Use award by Capterra in 2018.
Moreover, this medical billing company in San Antonio declares to have processed 744,152 claims and collected 98% of claims for its full-service members in 2022 alone.
However, despite having a separate pricing page on the website, like other billing firms, Psyquel has not disclosed its fees. Thus, you will be required to fill out a form to understand its pricing structure.
7. San Antonio Medical Billing LLC
After careful consideration, we have included San Antonio Medical Billing (SAMB) in our ‘Best San Antonio Medical Billing Companies’ listicle. The billing firm has been in business since 2014, and its website speaks volumes about the industry expertise it has. From podcasts to videos and blogs, you will find a plethora of resources to understand the complexities of medical billing if you are planning to do it in-house.
Its notable clients include laboratories, family practices, dental clinics, surgeons, OBGYNs, and mental health practices. Besides, its solutions include medical coding, billing, charge entry, auditing, account receivables management, new practice setup, practice management training, and consultation.
Like many other medical billing firms, pricing details are not mentioned on its website, but you can fill out a simple contact form and get a quote based on your specific requirements.
8. Advance Forward Medical Billing
Are you a vascular surgeon having trouble finding the best medical billing company in San Antonio to supercharge your collections? You need to check out Advance Forward Medical Billing (AFMB)!
It primarily helps healthcare providers navigate the intricacies of vascular surgery, vascular OBL, and endovascular procedural coding and billing. However, if you are a general surgeon, wound care physician, cardiologist, or podiatrist, you may still connect with them for your specific billing requirements.
Its tailored solutions range from specialty coding to billing and revenue cycle management.
For pricing inquiries, you can send a message. The exact years of the firm’s operations are unclear. However, the website does mention more than 150 years of combined team expertise in auditing, denial management, payment posting, billing, coding, registration intake, authorization management, insurance verification, patient collections, and appeal submission.
9. MediFin LLC
MediFin LLC leverages innovation to design its solutions and help healthcare practitioners streamline their revenue cycle. Some of its solutions that instantly captured our attention include iClaim for seamless medical billing, Virtual Care for glitch-smooth telehealth visits, CodeRite for maximing reimbursement with error-free code selection, and QuickCollect for easier patient collection.
Besides, it offers a free practice analysis using its proprietary solution to help you gauge a better understanding of your practice needs. We included it as one of the best billing companies in San Antonio because its comprehensive suite of solutions strives to cover every aspect of a healthcare practice.
However, you will be required to schedule a call to evaluate whether its offerings suit your specialty and for pricing details.
10. Acclaim Medical Billing Inc.
Acclaim is another medical billing company in San Antonio that caught our attention while we were curating this list. Proven, reputable, and principled are the keywords it uses to define its solutions. Besides, the firm has over two decades of experience.
Its comprehensive solutions include medical billing, medical coding, claim filing, claim follow-up, credentialing, and secondary and tertiary billing.
Pricing details, client testimonials, or stats related to partnered healthcare facilities’ success are not available on the website. However, the website has office addresses, working hours, and contact details. So, if this medical billing company in San Antonio interests you, you may call or fax them for details.
Comparing the Best Medical Billing Companies in San Antonio
With hundreds of medical billing companies in San Antonio, each swearing to be the best at what they do, it was not easy for us to choose a handful of firms. But we did it to save you time and effort while trying to outsource the financial aspects of your practice.
So, if you are wondering what methodology we adopted while selecting the top 10 medical billing companies in San Antonio, worry not! In this section, we are going to reveal the factors we considered while shortlisting the ultimate 10 options to choose from.
Certifications and Memberships
First, we checked whether a particular firm had certifications and note-worthy memberships that may reflect its commitment to the healthcare industry and regulatory compliance. These included but were not limited to HIPAA compliance, AAPC membership, ISO certification, BBB accreditation, etc.
Ratings and Analytics
Next, we checked whether the billing firm was listed or rated on authoritative B2B review platforms, such as GoodFirms, SoftwareAdwise, Capterra, Trustpilot, etc. Besides, we scanned the website for analytics or stats related to first-pass claim rates, collection ratios, etc. These stats helped us understand what positive results the firm’s solutions have on clients.
Expertise and Client Reviews
The next two factors that mattered most in our hunt to select the top 10 San Antonio medical billing companies were the firm’s billing expertise in different specialties and client testimonials.
Service Portfolio and Cost
The number of solutions a company offers and their type also matters because healthcare providers are often overwhelmed and do not have time to partner with different firms for different needs, such as one for credentialing and another for denial management. Furthermore, the fee matters. However, most of the time, medical billing companies don’t reveal these details on their websites.
With that said, let’s wrap up this guide! We hope it will help you find the right medical billing company in San Antonio.
