Medical Billing Service

Smart Billing Solutions for Healthcare Excellence!

Effortless Billing Solutions for Real Results

Billable Amount
Collected

Boost in Revenue
Collection

Faster Payment
Times

Reduction in Billing
Errors

Effective Patient Billing Management

Streamlining patient billing and collections ensures timely and accurate payments for healthcare services.

Current Industry Challenges

Many healthcare providers struggle with revenue collection, with industry standards indicating that they only collect 70-75% of billed amounts due to claim denials, underpayments, and inefficient collection processes.

Medivo's Impact on Revenue Collection

Medivo enhances billing accuracy, optimizes claim follow-ups, and improves coding practices, enabling healthcare providers to significantly boost their revenue collection rates.

Increased Collection Rates

With Medivo's solutions, healthcare providers can achieve a revenue collection rate of 95-99% of their billable amounts, thereby enhancing their financial performance and cash flow.

Increase in Revenue
Collection Rate

Many healthcare providers collect only 70-75% of what they bill due to denials, underpayments, or inefficiencies.
Medivo improves billing accuracy, claim follow-up, and coding to increase collection to 95-99%.
Increase revenue collection by up to 15-20% with Medivo's optimized processes.

Faster Payment Turnaround
Times

15-20 Day Processing Time – Reduces standard claim timelines by 50% or more.
99% First-Pass Claim Resolution Rate – Ensures quicker approval and fewer reworks
50-65% Faster Payment Turnaround – Speeds up cash flow and revenue cycles.

Reduction in Billing
Errors

Advanced Error-Detection Systems – Catch mistakes before claims are submitted.
Expert Review Processes – Ensure accurate coding and compliance.
Continuous Staff Training – Maintain up-to-date knowledge of billing regulations.

Smart Billing Solutions for Healthcare Excellence!

Effective Patient Billing Management

Current Industry Challenges

Medivo's Impact on Revenue Collection

Increased Collection Rates

Increase in Revenue Collection Rate

Faster Payment Turnaround Times

Reduction in Billing Errors

Increase in Revenue
Collection Rate

Faster Payment Turnaround
Times

Reduction in Billing
Errors