Did you know that healthcare costs have increased in Utah by 20%? Salt Lake City, being one of the most populous cities in the state, is directly experiencing its impact.
It translates into higher out-of-pocket expenses for patients, including rising coinsurance, deductibles, and copays. Contrarily, this trend will create issues in the revenue cycle for healthcare practices.
The good news? Medical billing companies in Salt Lake City can help streamline collections, reduce administrative burden, and improve patient experience.
However, deciding which billing provider to choose is not an easy decision. Therefore, our team followed a carefully curated methodology to evaluate medical billing companies and hand-pick the best of the best.
So, without further ado, let’s get started!
Top 10 Medical Billing Companies in Salt Lake City
Discussed below are the top 10 Salt Lake City medical billing companies that our research team hand-picked to help you in your search:
1. MediBillMD
MediBillMD is the ultimate best billing partner for healthcare facilities of all sizes and specialties in Salt Lake City.
The reason? It serves 60+ specialties and has a positive rating across platforms like TrustPilot, GoodFirms, and Google Reviews.
Its notable certifications and accreditations include American Association of Healthcare Administrative Management (AAHAM), American Academy of Professional Coders (AAPC), International Organization for Standardization (ISO), and Certified Revenue Cycle Representative (CRCR).
MediBillMD offers tailored solutions that range from credentialing to account receivables recovery, revenue cycle management to auditing, and medical billing services to denial management.
Moreover, this medical billing company in Salt Lake City claims to accelerate collections to 96%, boost the clean claim rate to 98%, increase revenue by 10-15%, and enhance the first-pass ratio to 97%.
What’s more? It also claims to limit AR days to less than 30 for its partnered firms and providers.
2. Evergreen Billing Solutions, LLC
If you want to partner with a medical billing company in Salt Lake City founded by Certified Medical Revenue Managers (CMRM), Evergreen Billing Solutions is the best choice for you.
It provides integrated solutions that go beyond medical billing, seamlessly connecting essential services such as EMR platforms, patient payment portals, auditing, and credentialing.
Moreover, this medical billing company in Salt Lake City is a proud owner of Utah Business Network International (BNI) and guarantees 100% client satisfaction.
On the pricing front, it clearly states that every healthcare practice and provider has varying billing needs. Thus, they offer different pricing structures. That is, it either charges a flat fee or a percentage of collections depending upon the practice size, type, and specialty.
3. Bridgeway Billing
Do you want to boost revenue, save time and effort, improve your reputation, and delight patients? If yes, you are in luck today! Because this next medical billing company in Salt Lake City claims to help you achieve all this.
Bridgeway Billing empowers its clients with full-service billing support essential for optimizing revenue cycle management.
Moreover, persistence, passion, and expertise are the keywords it uses to describe its coding and billing team. It flaunts that its team ensures attention to detail, which sets its medical billing solution apart from the competitors. Besides, its tagline, “Details Matter”, mentioned right below the logo, also highlights this.
It has a positive Google Review rating. However, details about pricing and covered specialties are unavailable on the website.
4. Elite Coding & Billing
What best describes our next best pick for the ‘Top Billing Companies in Salt Lake City’ listicle? Exceptional Leadership and an Impeccable Team, that’s Elite Coding & Billing for you!
From credentialing to patient billing, claim management to posting, and denial management to appeals, this medical billing company in Salt Lake City handles all.
It is a proud partner of AAPC, Society for Pain Practice Management (SPPM), Pioneer Educator, SkillAcquire, FDA Educators, Compliance Online, and Training Leader Healthcare.
With over two decades of industry experience, it aims to offer a better solution for achieving higher reimbursements by navigating complex billing issues and improving practice management.
It primarily serves ambulatory surgical centers (ASCs), large practices, and individual practitioners. However, what specialties it caters to is unclear.
You can easily schedule a call by filling out a simple form available on the website and get answers to all your queries.
5. HealthWave Medical Billing
Is your staff overburdened with tedious administrative tasks? Do you want to change this and free them to focus on patient-facing activities? With HealthWave Medical Billing by your side, you can achieve all this and more.
It is one of the Salt Lake City medical billing companies that offers 100% HIPAA-compliant solutions and a secure messaging system. Its experienced team verifies eligibility, creates and sends paper and electronic claims, double-checks for accuracy, handles AR follow-up and appeals, and negotiates reductions.
Moreover, HealthWave claims to ensure a 90% acceptance rate for its partner healthcare providers and practices.
The number of specialties it covers or pricing information is unavailable on the website. But you can easily schedule a call with its representative for further details.
6. Options For Coding and Medical Billing, LLC
Options For Coding and Medical Billing is one of the best medical billing companies in Salt Lake City, with over two decades of industry experience.
Its notable clients include mid-level providers, physicians, and behavioral health practitioners.
This medical billing company houses a team of certified professional coders (CPCs) and billing specialists. But what stood out to us? It claims to have no sales team, as its strong work ethic and knowledge speak for themselves.
Currently, it is serving 24 healthcare providers with its reliable, efficient, and compliant billing and collection solutions. Moreover, it claims to acquire all these clients through referrals.
That’s not all! It offers highly customizable solutions to several specialties, including dermatology, orthopedics, cardiology, pediatrics, and behavioral health.
For pricing inquiries and other details, you can schedule a call with its representative.
7. ALTA Management Solutions, LLC
With more than 35 years of industry experience, ALTA Management Solutions is one of the top medical billing companies in Salt Lake City.
Its current clientele comprises 100+ healthcare practices across 12 specialties, including plastic surgery, ENT, neonatology, urology, mental health, and radiology.
ALTA offers tailored solutions to empower providers from different specialties. These include credentialing, medical billing, accounting, marketing, startup services, and consulting.
If you want to learn more about its leadership team handling the operations, you can visit the ‘About Us’ page.
However, pricing details are unavailable on the website. As a result, you must fill out a simple form to schedule a call with its representative and uncover this crucial information.
8. Threshold Billing Solutions
Are you a behavioral health provider in pursuit of a reliable billing partner? If yes, this next medical billing company in Salt Lake City is exclusively for you!
Threshold Billing Solutions offers a comprehensive medical billing solution that covers everything from benefits verification to timely claim submission and denial management. Besides, the team handles end-to-end revenue cycle management, credentialing, compliance, and clinical documentation training.
Its notable clients include Renew Wellness & Recovery, Ardu Recovery Center, Journey Treatment Center, Steps Recovery Center, The Fearless Kind, and Renaissance Ranch Treatment Center.
You can also check detailed client testimonials available on the website’s homepage to understand how this medical billing company in Salt Lake City has helped other providers.
However, for pricing inquiries, you must fill out a short form to schedule a call with its representative.
9. Elite Medical
The next medical billing company in Salt Lake City that secured a place in this listicle is Elite Medical.
Its offerings range from credentialing to coding consulting, billing and coding audits to preauthorization, revenue cycle management, and fee negotiations.
Additionally, it claims to have maintained a denial rate of less than 2% and improved collections to 92% for its partnered healthcare facilities in the last two decades.
Elite Medical serves 21+ specialties, including palliative care, bariatric, OBGYN, podiatry, infusion therapy, and orthopedic.
It is one of the companies that shares its pricing details on the website. Typically, it charges as low as 5% of your monthly collections. However, the rate may go up depending on the size and specialty of your practice.
10. Central Billing Office
Do you want to partner with an established medical billing company in Salt Lake City with proven results? If yes, the Central Billing Office, or CBO for short, is your best choice!
With over 35 years of industry experience, CBO has helped practices increase revenue by 174% within the first year of partnership.
It offers a comprehensive suite of solutions comprising diverse offerings. These include insurance billing, electronic claim submission, weekly patient statements, credentialing, payor contract analysis, and compliance training.
What’s more? It claims that for every ten practices that partner with CBO, six double their revenue and three triple their revenue.
Moreover, patients can directly pay their bills securely through an online portal. However, covered specialties and pricing details are unavailable on the website.
Comparing the Best Medical Billing Companies in Salt Lake City
Are you curious about the methodology we used for evaluating medical billing companies in Salt Lake City? This section will briefly discuss it.
We looked for some key metrics that are listed below:
- Certifications and accreditations of the billing provider, such as ISO, AAHAM, AAPC, and CRCR, were prioritized.
- Next, we preferred billing providers who transparently shared performance metrics like AR days, clean claim rates, and collection ratios.
- Finally, we looked at the billing provider’s industry experience, served specialties, and positive client reviews.
This listicle on the ‘10 Best Medical Billing Companies in Salt Lake City, Utah’ presents a starting point for practices to find a billing partner that aligns with their unique needs, from transparent pricing models to niche expertise.
