Did you know that Connecticut has 53 active hospitals state-wide, i.e., one hospital every 100 square miles? That is truly remarkable and hints towards a healthier revenue cycle that facilities and providers enjoy there.
This financial success is partly achieved with the help of professional medical billing companies in Connecticut. However, the market is becoming saturated with mediocre billing solutions providers with no credible background or proven results.
Thus, our team hand-picked the 10 best medical billing companies in Connecticut after following a meticulous methodology. So that you partner only with a reliable firm and continue to enjoy a steady cash flow and higher collections.
Top 10 Medical Billing Companies in Connecticut
Discussed below are the top 10 billing companies:
1. MediBillMD
Do you want to outsource medical billing services to the ultimate best medical billing company in Connecticut? If yes, MediBillMD has got you covered.
Beyond billing, its other HIPAA-compliant offerings include billing audit, accounts receivable recovery, credentialing, denial management, and revenue cycle management.
It has several notable certifications and accreditations under its belt. These include the AAPC, CPC, AAHAM, CRCR, and ISO.
Additionally, MediBillMD claims to improve the collection ratio to 96%, the first-pass ratio to 97%, and the clean claim rate to 98%. It also guarantees to limit accounts receivable to less than 30 days, and boost revenue by 10-15%. Besides, it can handle practices of all sizes across 55+ specialties.
2. Connecticut Medical Billing Company
Choose Connecticut Medical Billing Company to permanently stop the revenue leakage. It guarantees a 75% revenue uptick and ensures that every submitted claim is error-free 99% of the time.
Till now, this medical billing company in Connecticut has empowered 600+ healthcare providers across 16+ specialties. It takes pride in processing claims within 48-72 hours and reducing denials by 70%.
Its tailored solutions range from insurance eligibility verification to billing, credentialing, and denial management. Some of its key affiliations include HFMA, MGMA, HBMA, RBMA, and NSCHBC.
3. CPa Medical Billing
CPa Medical Billing‘s team is well-versed in 7+ specialties, including OBGYN, behavioral health, pediatrics, family practice, and cardiology.
Its proven track record to enhance net receipts by 45% and over two decades of billing proficiency are what made us include it in our ‘10 Best Medical Billing Companies in Connecticut’ listicle.
CPa’s offerings include medical and dental billing, coding audit, credentialing, revenue cycle management, and patient contact assistance.
Its primary clientele portfolio includes rural health clinics, community health centers (CHCs), and federally qualified health centers (FQHCs).
4. Compass Medical Billing Services
Compass Medical Billing Services, or CMBS for short, is one of the Connecticut medical billing companies that instantly captured our attention.
Some of its unique features include a 30-day free trial and a 60-day money-back guarantee. Besides, it claims to improve cash flow by 20%, revenue by 10-15%, and first-pass ratio to 98%.
Similar to other billing companies in Connecticut, it does not reveal the pricing details. However, it does talk about the pricing structure. That is, it offers customizable pricing models, including flat fees, percentage-based fees, and a hybrid model.
Its offerings include credentialing and contracting, billing and coding, revenue optimization, practice analytics, financial reporting, revenue cycle management, and much more.
CMBS primarily serves hospitals, multi-site organizations, and multi-specialty groups. However, details about what specialties it serves are unavailable on the website.
5. Massconn Medical Billing LLC
Do you want to partner with an established billing company for guaranteed results? If so, the next entrant in our ‘Top 10 Medical Billing Companies in Connecticut’ list, with over 15 years of industry experience, should capture your attention.
It claims to increase the collection ratio to 95%, the first-pass ratio to 99%, and revenue by 20-30%. Besides, it limits accounts receivable to 30% and ensures a 24-day turnaround time.
Massconn Medical Billing provides various solutions, including billing, credentialing, revenue cycle management, and free practice audit. It also helps practices streamline billing operations related to telehealth, remote patient monitoring (RPM), chronic care management (CCM), transitional care management (TCM), and principal care management (PCM).
You can easily book an appointment by filling out a short form to discuss pricing options.
6. MedUSA Healthcare Services
MedUSA Healthcare Service is another medical billing company in Connecticut that made its way to our top 10 listicle.
With more than 28 years of industry experience, it has helped its partner physicians and facilities achieve a 99% clearance rate and over 85% first-pass ratio.
Additionally, it submits claims within 24 hours, ensures insurance follow-up within 14-21 days from claim submission, posts payments within 24 hours, and manages denials within 24-48 hours from receipt of the explanation of benefits (EOB).
This medical billing company in Connecticut provides a comprehensive solutions suite. These include practice financial evaluation, coding, billing, revenue cycle management, medical transcription, and Maternal Infant Health Program (MIHP) services.
7. AZ Billing
With over 4 decades of industry experience, AZ Billing was bound to be included in the ‘Best Medical Billing Companies in Connecticut’ listicle. The reason? It ensures consistency, adaptability, and continuous improvement to survive in a highly competitive and ever-evolving healthcare industry.
Over the years, it has managed 100+ payer relationships and $3 billion worth of medical claims. Moreover, it claims to ensure a 99.5% collection rate for its clients.
Beyond medical billing, its other solutions include revenue cycle management, financial wellness audit, and payer management.
Details about pricing and covered specialties are not available on the website. However, you can easily request a meeting and discuss everything that you have in mind.
8. Legacy Practice Solutions
Legacy Practice Solutions is another reliable medical billing company in Connecticut that we hand-picked for you.
It offers full-service medical and dental billing solutions. Other offerings include EMR/EHR software, physician credentialing, and collections solutions.
This medical billing company in Connecticut guarantees to reduce internal administrative costs by 30% and collection costs by 50% for its partnered dental and medical providers.
It handles primary, secondary, and tertiary insurance claims, proactively follows up, posts payments, tracks unpaid claims, chases patient payments, and provides detailed reports.
What’s more? It offers its MedOffice software at no cost. Moreover, you can request a complimentary consultation by filling out a short form available on the website.
9. Shared Response Health Systems
Shared Response Health Systems has been in service for more than three decades. All these years, it has served 150,000+ patients, handled 250+ documents, and billed $50 million worth of medical claims.
Its solution suite includes coding, billing, credentialing, and training and consultation.
This medical billing company in Connecticut claims to enhance cash flow by 25% and maintain a collection rate of over 90% for its partnered healthcare providers.
There’s more! If you want application forms for authorization release, missing information, financial hardship, and signature requests, you can find all these on its website.
10. Freedom Solutions Medical Billing Plus
In case you are tired of billing headaches and want a solution that allows you to focus on patient care instead, try Freedom Solutions Medical Billing Plus.
It is a medical billing company in Connecticut with over 14 years of industry knowledge and many positive client testimonials.
Some of its key offerings include billing, credentialing, customized reporting, patient phone support, and account management. However, the pricing details are not mentioned on the website. Thus, you may need to schedule a call with its representative to unveil additional information.
Comparing the Best Medical Billing Companies in Connecticut
If you want to ensure your practice’s financial stability, then you must partner with a billing company that is reliable and trustworthy. However, finding the best fit from a vast pool of medical billing companies in Connecticut is not an easy feat.
Discussed below is the methodology we applied while shortlisting the top 10 billing companies:
Breadth of Service and Experience
Choosing a billing company with a comprehensive solution suite has its benefits. It works as a one-stop shop, and you can acquire assistance related to all your needs from the same company, eliminating coordination time significantly. Besides, the number of years a company has served in the industry is proof that the service is worth a try and gives quantifiable results.
Compliance with Regulatory Bodies
Audits and heavy penalties are not only heavy on the pocket, but they can seriously tarnish your practice reputation or sometimes come with a practice ban altogether. Therefore, selecting a billing company that ensures adherence to the regulatory standards and understands the coding systems is your ticket to staying in the industry.
Positive Reviews and Guaranteed Results
The clients of any firm are the best sources to know how true the claims made by an organization are. Therefore, while shortlisting the best Connecticut medical billing companies, we looked for what each one claims, along with the testimonials.
