Mid-Lakes basic objectives are (1) getting you paid all that you are due, (2) as quickly as possible and (3) at the minimum cost these can be achieved.

The billing and collection process is complex and absolutely key to practice operational efficiency and revenue maximization. At Mid-Lakes, the process involves more than simply data collection, data entry and claims or statement generation. It is a process that starts with appropriate fee schedules, patient registration, accurate coding by each provider and timely communication of coded superbill information. Accurate and timely data collection and input, combined with the superior billing practices of daily electronic claims transmission and frequent patient billing, yield collection rates and collection periods consistently exceeding national benchmarked performance. A criteria we use to gauge the performance of our service, charges per patient encounter, indicates we are most often able to improve client revenues through our billing process alone, e.g. without increases in patient volume. Specific features include:

  • Third party and hospital credentialing
  • Fee schedule set-up and maintenance
  • Encounter form design and printing
  • Daily scanning and Internet transmission of coded superbills
  • Daily coded superbill review and charge data entry
  • Patient eligibility verification
  • Primary and secondary claims generation (electronic & paper)
  • Daily electronic claims transmission
  • Denied claims research and resubmittal
  • Daily receipt, posting and deposit of payments
  • Patient billing with laser-generated statements
  • Deposit of payments
  • Internet connectivity to comprehensive practice management system
  • Availability of computer appointment scheduling
  • Availability of printed appointment reminder cards
  • On-site reporting capability
  • Accounts receivable collection yielding minimum collection period
  • Mid-Lakes attention to the entire reimbursement process provides performance consistently meeting or exceeding data published by the Medical Group Management Association.
Comprehensive Physician Reimbursement