According to a report published by the Arkansas Department of Health in 2023, there are about 317 professionals for every 10,000 people. This is actually a healthy figure, and represents the good state of the healthcare sector in the state.
However, since there are many healthcare professionals in the state, the competition among them and medical practices is significant. To survive in the industry, practices need to optimize their revenue generation, cut costs, and make operations more efficient. All of this is possible by outsourcing processes to specialized medical billing companies in Arkansas.
Top 10 Medical Billing Companies in Arkansas
If you are looking for a billing partner, then this blog is for you. After extensive research, we have compiled the list of the top 10 best medical billing companies in Arkansas. So, you don’t have to waste time searching.
1. MediBillMD
Looking for a medical billing company in Arkansas that offers expertise, experience, multi-specialty support, and compliance? There is no better choice than MediBillMD. Although the company is based in Dallas, Texas, MediBillMD offers its medical billing services to all areas of Arkansas and other states.
The company supports an impressive 55+ medical specialties, including cardiology, radiology, oncology, anesthesiology, neurology, orthopedics, and gastroenterology. MediBillMD promises to boost client revenue by up to 15%, achieve a 98% clean claims rate, and keep days in AR under 30. Key solutions offered by the company include:
- Revenue cycle management
- Medical billing
- Medical coding
- Credentialing
- Aging AR recovery
- Denial management and audits
2. BSI Medical Billing
BSI Medical Billing was established in 1992. This makes it one of the oldest medical billing companies in Arkansas. All of BSI’s employees are 100% US-based. The solutions provided are very flexible and customizable for every client. BSI operates much like a traditional back office, which enables it to provide a kind of reliability and familiarity to clients that they expect from long-term partnerships.
The type of practice you run does not matter. The company specializes in various medical specialties, such as anesthesia, dermatology, and radiology. BSI has a track record of serving numerous satisfied clients. The company processes over $1 million in charges and $600,000 in monthly payments for its clients. BSI’s AAPC-certified team offers the following solutions:
- Medical billing
- Medical coding
- Credentialing
- Auditing
3. Mega Medical Billing
The next medical billing company in Arkansas on our list is Mega Medical Billing. The company has over 20 years of experience in billing. Like most billing companies in Arkansas, Mega Medical Billing can expertly cater to the needs of numerous medical specialties. What’s interesting about Mega Medical Billing is that it has a proven track record of achieving a 97% collection ratio.
The company has documented proof of increasing collection ratios by more than 40%. An interesting and particularly valuable thing about Mega Medical Billing is that the company has a team of billers and coders who are trained in various billing-related software. This means that your employees don’t need to learn new systems. Mega Medical Billing helps practices with the following:
- Medical billing
- Medical records and EHR
- Payment entry
- Denial processing
- Contracting and credentialing
4. Medicus Medical Billing & Consulting
Searching for a medical billing company in Arkansas that makes the transition easy? Medicus Medical Billing & Consulting should be among your top choices. The company works with almost all billing and practice management software, like AdvancedMD, Athenahealth, and eClinicalWorks.
What can you expect by partnering up with Medicus? A guaranteed revenue boost of 25-30%. Their efficient operations result in cash collection within 20-30 days, significantly faster than industry standards. Key offerings include:
- Revenue cycle management
- Denial management
- Revenue cycle consulting
5. AMB Technology, LLC
Another company worth mentioning in our ‘Top 10 Medical Billing Companies in Arkansas’ list is AMB Technology. What’s different about AMB? Well, it offers free practice management software to its clients. This reduces the client’s expenses significantly.
AMB Technology carefully balances its client base to ensure each practice receives complete and undivided attention. All services are 100% HIPAA-compliant and are specially designed to cater to small or individual practices. The company also serves almost all healthcare professionals, including but not limited to physicians, clinical social workers, therapists, dentists, DME suppliers, home health agencies, medical practices, and dental practices. Here’s what AMB Technology can help you with:
- Medical and dental billing
- Credentialing
- EMR/EHR software
- Creative collection solutions
- Electronic fund transfer (EFT)
- Well-Care solutions
6. Medical Office Systems, Inc.
Want to partner up with a billing company with over 3 decades of experience, multi-specialty support, and proven results? Medical Office Systems (MOS) can be the perfect choice. How? Well, this medical billing company in Arkansas claims to achieve a 98% claim approval rate, increase collections by up to 25%, and cut denials by 40%. To onboard new clients, MOS offers a free revenue cycle analysis.
MOS excels in creating custom solutions tailored to specific practice needs, with clear implementation timelines that minimize disruption of day-to-day operations. The key distinguishing aspect of MOS is that it offers its own EMR systems to its clients. It provides the following solutions:
- Medical billing and coding
- Revenue cycle management
- Denial management
- Credentialing
7. Catalyst Billing Solutions
With over 50 years of experience, Catalyst Billing Solutions (CBS) is one of the most reliable medical billing companies in Arkansas. While the company provides premier billing solutions, such as patient registration, patient collections, daily payment posting, and certified coding, it prides itself on being much more than a traditional billing company. Unlike other companies, CBS offers a complete suite of management and consulting solutions.
CBS is proficient in billing insurance claims for numerous insurance payers, such as Blue Cross Blue Shield, Cigna, and Humana. Key offerings include:
- Patient registration and collections
- Daily payment posting
- Certified medical coding
- Provider credentialing
- Contract negotiations
- Operational auditing
- Management consulting
8. AMSS, Inc.
Established in 2004 in Arkansas by Arliene Koch, a certified professional coder with over 30 years of medical field experience, AMSS, Inc. has built a reputation for high-value, low-cost solutions. This medical billing company in Arkansas operates with no long-term contracts and maintains fees of 7% or less with no start-up cost. All these qualities make AMSS a perfect choice for small practices.
AMSS serves various medical specialties, such as cardiology, gastroenterology, and podiatry. The company provides full-service agreements that include credentialing at no additional charge, making them one of the most affordable billing companies in Arkansas. You can opt for the following solutions:
- Medical billing
- Credentialing
- Eligibility verification
9. Team CPR, Inc.
Founded in 2010 in Arkansas by Shirley Walker, Team CPR is a woman-owned, veteran-owned business that brings over 35 years of combined experience to the medical billing business. What makes Team CPR different from other billing companies in Arkansas is that the company has a dedicated in-house IT team.
So, Team CPR can help you with both medical billing and IT operations, like equipment purchases and software setup. You can rely on Team CPR for the following solutions:
- Medical billing
- Credentialing
- Clinic management and setup
- Contract negotiations
10. End of the Line Billing
The last medical billing company in Arkansas on our list is End of the Line Billing. The company was established in 2019. However, the owner, Cindy DeBate, has over 26 years of experience in the field. Payer mix is not a problem with End of the Line Billing as the company works with almost all the insurers, like Medicare, Medicaid, Aetna, Cigna, Blue Cross Blue Shield, and MagnaCare.
The company also supports many EHR systems, including Office Ally, SimplePractice, and Tebra. Pricing is also close to the industry average, at 6% of the monthly collections. End of the Line Billing offers solutions not only in Arkansas, but in 48 states across the country. The following solutions are available to healthcare clients:
- Medical billing
- Eligibility verification
- Payment posting
- Denial management
- Follow ups
Comparing the Best Medical Billing Companies in Arkansas
Our selection of the top medical billing companies in Arkansas was based on a rigorous methodology that evaluated multiple critical factors. The process was systematic, so only genuinely good companies are highlighted in this blog, rather than companies with good marketing.
Here is a quick walk-through of our process.
We started our search by finding the top-ranking companies on Google My Business and other listing directories. We applied a filter to shortlist companies that had a local presence in Arkansas. Next, we evaluated each of these companies based on their experience, reviews and ratings, number of specialties served, software integration capabilities, and 13 other points.
Based on this, we assigned a rating to each company and curated our list of the top 10 Arkansas medical billing companies, which you just read.
