Unfortunately, approximately 29,500 Rhode Islanders have lost access to primary care in less than a year due to the shrinkage or closure of healthcare facilities.
These troubling states reflect on the financial struggles faced by physicians and facilities. However, professional medical billing companies in Rhode Island can significantly unburden these care providers from the intricacies of billing-related tasks.
Thus, we decided to hand-pick the top 10 billing companies in Rhode Island after following a meticulous methodology. You can streamline your revenue cycle by partnering with one of these.
So, without further ado, let’s get started!
- Top 10 Medical Billing Companies in Rhode Island
- 1. MediBillMD
- 2. Cornerstone Billing Services, Inc.
- 3. Prospect Healthcare Solutions, LLC
- 4. Accurate Billing Solutions, LLC
- 5. Grey Ledge Medical Management
- 6. Rhode Island Medical Billing Company
- 7. Elegance Healthcare, LLC
- 8. A-Stat Medical Billing Management, Inc.
- 9. American Billing & Credentialing, LLC
- 10. ALSA Practice Solutions
- Comparing the Best Medical Billing Companies in Rhode Island
Top 10 Medical Billing Companies in Rhode Island
Discussed below are the 10 best Rhode Island medical billing companies:
1. MediBillMD
If you want to partner with a medical billing company in Rhode Island that is driven to supercharge collections for its clients, MediBillMD is your best pick.
Besides medical billing services, its other offerings include auditing, credentialing, revenue cycle management, denial management, and accounts receivable recovery. Moreover, all of these solutions are 100% HIPAA-compliant.
Its notable certifications and accreditations include International Organization for Standardization (ISO), the American Association of Healthcare Administrative Management (AAHAM), the American Academy of Professional Coders (AAPC), and Certified Revenue Cycle Representative (CRCR).
MediBillMD claims to enhance revenue by 10-15%, first-pass ratio to 97%, collection ratio to 96%, and clean claim rate to 98%. Additionally, it can help you limit your accounts receivable to less than 30 days.
It serves practices of all sizes across 58+ specialties, including podiatry, cardiology, and nephrology. It has a positive rating across reputed client review platforms, namely GoodFirms, Trustpilot, and Google Reviews.
2. Cornerstone Billing Services, Inc.
Cornerstone Billing Services, or CBS for short, is one of the best medical billing companies in Rhode Island.
Its key features include around-the-clock support, persistent follow-up with third-party payers, and HIPAA-compliant solutions.
Its offerings include medical billing, credentialing, and practice management. Besides, it is a Better Business Bureau (BBB)-accredited business.
CBS primarily serves 5+ specialties, including physical therapy, chiropractic, acupuncture, mental health, and addiction.
What’s more? The website features several positive client testimonials that offer a better insight into its solutions.
Like many other Rhode Island medical billing companies, pricing details are not available on the website. However, you can schedule an appointment via call for pricing inquiries and other queries.
3. Prospect Healthcare Solutions, LLC
The next medical billing company in Rhode Island to make its way to our top 10 list is Prospect Healthcare Solutions.
Its offerings include medical billing, coding, revenue cycle management, denial management, credentialing, accounts receivable management, virtual assistance, and medical scribing.
With over 25 years of industry experience, it uses keywords such as accuracy, efficiency, and expertise to describe its solutions. That’s not all, it guarantees a 7-14-day turnaround time, 15-20% revenue increase, and a 99% claim first-pass ratio.
It has served more than 200 practices across 20+ specialties, including behavioral health, orthopedic, urology, pediatric, and dermatology.
This medical billing company in Rhode Island has a positive rating on Google Reviews and prioritizes compliance with state regulations and industry standards, including HIPAA.
4. Accurate Billing Solutions, LLC
Are you looking for an established billing provider to ensure clean claim submission and a steady cash flow? If yes, this next medical billing company in Rhode Island is your best choice.
Accurate Billing Solutions, or ABS for short, has over two decades of industry experience. Over the years, it has empowered many healthcare providers.
ABS is committed to 100% HIPAA-compliant and ethical practices. Besides, it guarantees recovery rates above the national average.
However, details about the covered specialties and charges are unavailable on the website. Thus, if you are interested in partnering with this medical billing company in Rhode Island, fill out the form available on its website.
5. Grey Ledge Medical Management
With over 22 years of industry experience, Grey Ledge Medical Management is another medical billing company in Rhode Island that instantly captured our attention.
Over the years, it has served 500+ clinicians. It claims to increase revenue by 10-30%, reduce accounts receivable over 60 days by 50%, and enhance payment per claim by 25%.
That’s not all, it is one of the billing companies in Rhode Island that has earned a 99.6% approval rating and positive reviews on Google. Besides, its website features several client testimonials.
Its comprehensive solutions suite includes offerings such as medical billing, revenue cycle management, credentialing, electronic health record support, and practice assessment.
Additionally, it supports different software, including eClinicalWorks, Greenway Health, Epic, and Kareo.
6. Rhode Island Medical Billing Company
The next billing solutions provider securing a place in our top 10 listicle is Rhode Island Medical Billing Company.
It is an ISO-certified and HIPAA-compliant billing provider. It serves over 700 clinicians across 8+ specialties, including emergency room, internal medicine, and urgent care.
It has a team of 1,200 billing and coding specialists well-versed in leading billing software, such as NextGen, AdvancedMD, and CollaborateMD.
Besides, it claims to reduce denials by 70% and enhance revenue by 40%.
Unlike other medical billing companies in Rhode Island, it features its pricing details on the website. That is, it charges 5% of your monthly collections.
Its offerings include medical billing, coding, credentialing, eligibility verification, denial management, and much more.
7. Elegance Healthcare, LLC
Elegance Healthcare, LLC, is one of the best medical billing companies in Rhode Island, boasting over 7 years of industry experience.
Beyond billing and coding, its other offerings include healthcare contract management, credentialing, denial management, and revenue cycle management.
Its notable clients include group physicians, independent providers, freestanding emergency centers, hospitals, and laboratories.
This medical billing company in Rhode Island serves 28+ specialties, including OBGYN, radiology, ophthalmology, and ENT.
Over the years, it has processed 1,000,000 medical claims, its customer retention rate is 99%, and the average payment turnaround time is 26 days. Additionally, it has helped limit accounts receivable to 24 days, enhance the first-pass ratio to 98%, and improve revenue by 10-15% for its clients.
For pricing details, you can fill out a simple form available on its website.
8. A-Stat Medical Billing Management, Inc.
Do you want to partner with a reliable medical billing company in Rhode Island? A-Stat Medical Billing Management has over two decades of industry experience.
It is a full-service medical billing company serving physicians and ancillary providers. It handles account receivables management, claim follow-up, monthly patient statements, and consultation.
What’s more? It offers free on-site financial analysis. Besides, its staff is well-trained on software, like eClinicalWorks, Epic, and Greenway Health.
On the pricing front, it does not reveal the charges on the website. However, it does mention that it charges a percentage of your monthly collections.
You can contact them via phone or email to learn whether they can handle your specific needs.
9. American Billing & Credentialing, LLC
Are you a behavioral health provider searching for a reliable medical billing company in Rhode Island? If yes, American Billing & Credentialing, LLC is the best fit for you.
It offers a full-service billing solution. That is, it handles everything from credentialing to claim submission and follow-up.
Its team has hands-on experience in leading behavioral health billing software. These include TherapyNotes, Psyquel, SimplePractice, Valant, and Ensora Mental Health.
Like many other Rhode Island medical billing companies, it also does not feature its pricing information on the website. Therefore, you must schedule a call with its representative by filling out a simple form.
10. ALSA Practice Solutions
ALSA Practice Solutions is a reliable medical billing company in Rhode Island. Some of the key features that set it apart from other billing companies are real-time reporting, an integrated clearinghouse, 24/7 web-based access, and an online scheduler.
Its comprehensive suite of solutions includes iClaims (medical billing), Doctible (patient communication tool), Choice Pay (patient collections), CodeRite (coding review), and much more.
Its solutions are Centers for Medicare and Medicaid (CMS), HIPAA, and Meaningful Use-certified.
The number of specialties covered is unclear from the information available on the website. However, you can easily inquire about it, the pricing details, and other queries by scheduling a call.
Comparing the Best Medical Billing Companies in Rhode Island
This guide featured the top 10 billing companies in Rhode Island. We hand-picked these based on their industry expertise and proven results. Simply put, we selected these medical billing companies after following a focused and meticulous methodology.
- Compliance: We shortlisted companies that have a verifiable commitment to 100% HIPAA compliance and ethical practices.
- Performance Metrics: We weighted each company based on metrics, such as high clean claim rates, low accounts receivable days, and strong revenue recovery claims.
- Client Reputation: Positive ratings and testimonials across multiple, reputable public review platforms, including GoodFirms, Trustpilot, and Google Reviews.
- Service Scope: We checked the bandwidth of the provided solutions, including billing, coding, credentialing, revenue cycle management, and denial management.