Blog
Read our latest news, tips and views of the medical billing industry, covering expert insights, regulatory updates, revenue cycle strategies, coding best practices, and the latest trends shaping healthcare billing.
Our News and updates
Medicare Payment Rules Finalized for 2014 with Some Big Changes Included
January 18, 2014
The 2014 Medicare physician payment schedule was finalized on November 27, 2013 when the Center for Medicare and Medicaid Service (CMS) released its final schedule. This document establishes the framework and payment schedule for medical providers and includes several critical changes from previous years. Some of these changes will reduce certain payments to physicians and other providers when these rates take effect.
Major Updates to the Current Medical Claim Form Are Upon Us
January 14, 2014
The Centers for Medicare and Medicaid Services (CMS) along with the Office of Management and Budget (OMB) have given final approval for the Version 02/12 1500 Health Insurance Claim Form and the implementation date of April 1, 2014 is fast approaching. Failure to use these new forms can result in significant delays in processing medical payments as well as a possible rejection of certain claims.
Physician Update Fix Is a Stopgap Measure until the end of March
January 10, 2014
President Obama and his administration have been working with Congress to find a permanent solution for the elimination of the Sustainable Growth Rate (SGR) reductions that were scheduled to take place on January 1, 2014. In the interim he has signed into law the Pathway for SGR Reform Act of 2013 that includes several provisions to eliminate the expected reductions in coverage through March 31, 2014.
Can Using Windows XP Put Your HIPAA Compliance In Jeopardy?
January 6, 2014
By any measure, Windows XP was one of the most popular operating systems ever released by Microsoft. It is still being used today on computers and laptops nearly 13 years after its introduction. Microsoft’s announcement of their ending support for Windows XP on April 8, 2014 means that many computers
How our client feel about us
★★★★★
Eagle Physical Therapy and Rehabilitation
My company has had a great experience utilizing Park Medical for our billing service. Their software is easy to use and allows you to drill down to find any information you may be looking for. I would recommend them if any company is looking for an excellent billing company with great rates.
★★★★★
Hyok Yop Lee Allergy PC
I have to say that I'm extremely satisfied with Park's Medical Billing Company's professionalism, competency, and personal attention to pressing matters. In thirty years of practicing, I've utilized a few different management and billing companies; I can unequivocally say that Park's team is the best fit for my practice. Not only are they meticulous in their handling of my finances, their vast knowledge with billing software, which I have to admit is difficult and confusing, has been of tremendous benefit to my practice. On top of that, I must have had the same question multiple times regarding the billing software, and Mr. Park patiently explained and re-explained in person without any condescension. They are definitely worth every penny!
★★★★★
Covington Physical Therapy Center
Chol and his team (shout out to Kristiana, Monica, and Kristen) have been more accommodating than I can express in our billing transition. He has patiently walked us through the process and been available for our many questions and with full explanations since the beginning. Everyone in his office is friendly and professional, and more importantly, they mean business about helping our business make money. I am amazed at the detail with which his system is able to parse billing and collections in order to help us get an accurate handle on our facilities' finances. We feel like we acquired another team member in Park Medical Billing
★★★★★
Tawil Physical Therapy
My company has been using Park Medical Billing for approximately 1.5 years and I am very pleased with their services! They are available via phone or email whenever the need arises and are prompt with their posting. Through their help in submitting claims in a timely manner, we have been able to increase our monthly collection rate. I recommend Park Medical Billing for all your billing needs.
★★★★★
Eagle Physical Therapy & Rehabilitation
My company has had a great experience utilizing Park Medical for our billing service. Their software is easy to use and allows you to drill down to find any information you may be looking for. I would recommend them if any company is looking for an excellent billing company with great rates.
★★★★★
Mile High Physical Therapy PC
We have been with Park Medical billing for 4 years and are very happy. They are easy to get in contact with and will fight for every dollar owed to you in your practice.
★★★★★
Flex Physical Therapy
It has been a pleasure working with Chol and his team. They are timely and productive. They work with me to make the process as streamlined as possible.
★★★★★
Fortaleza Rehab
As the owner and Clinical Director, I was extremely impressed with the level of commitment to have the staff from PMB not only listen to my concerns and questions, but to promptly and quickly respond and resolve. The other component of their services, is their desire to share ideas and possibilities to improve my overall revenue. I would recommend the services of PMB and their staff, without ANY RESERVATIONS!!!!
★★★★★
Blue Bell Physical Therapy
Chol and staff have been nothing short of excellent since they took over our billing services. They process claims quickly, follow up on unpaid claims and use their scrubbing software to ensure that claims are correct and have modifiers if needed so we get paid faster. Since hiring Park Medical Billing my life has become much less stressful.
★★★★★
Wellbridge Physical Therapy
We have worked with Park Medical Billing for about 1 year and we are extremely happy with the level of service they have provided. We have worked with other billing companies that charge a premium for their billing services without providing the same level of service as Park Medical. Our account manager at Park Medical is extremely knowledgeable and responsive to the needs of our clinic. As a result, our bottom line has improved. I highly recommend Park Medical Billing services.
★★★★★
The Sensory Studio
I have recently transitioned to Park Medical Billing and am very happy with the decision to do so. As the Clinical Director, I am very pleased with the prompt response to any and all questions. Chol and his staff are willing to consistently work with my employees and always find a solution that works best for my company. The staff of PMB especially Monica, work extremely hard and are dedicated to customize our experience. Overall, PMB has been outstanding as each staff member goes above and beyond while working with my company. I highly recommend Chol and the staff at Park Medical Billing.
★★★★★
Evolve Physical Therapy
I have worked with many billing companies as time as a Practice Manager. All the previous companies only worried about what best worked for them not my clinic. Then I started working with Park Medical Billing. This company truly puts their clients needs first. They have customized reports, updated their site for our convenience. They also have amazing quick turn around time with answers and solutions. I have never been so happy to work with billing company before them. I truely recommend anyone to try them out. You will not be disappointed.
★★★★★
Orange Physical Therapy
We have been in business for 15 years. Since our beginning, we have always handled our Billing and Collections in-house. Over the past year, we contemplated outsourcing this component. We called a few companies, and were underwhelmed with what they had to offer. We then called Chol and Park Medical Billing. From the outset, it was evident to us that they stood out above the other companies we had spoken to. Within a week, they were in our office doing a power point presentation. The decision to move forward with them was a no- brainer, and we have not been let down. Since the beginning, Park Medical has provided excellent service. They have always been accessible, and have worked earnestly to handle any questions or concerns we have had, in a professional and cordial manner. They have worked with us to customize presentation of data to meet our specifications. Park Medical is a very professional, diligent, courteous company who I would recommend to anyone considering this service.
★★★★★
Hudson Rehab
Since we changed our billing company last June of 2016. HRS has been more guided to improve our reimbursement. Park Medical Billing is very professional, systematic and always makes a follow-up with the issues we encounter in our out-patient PT clinic. Very accommodating, respectful and very nice people
★★★★★
M&M Physical Therapy
Park Medical Billing is a team of experienced, well-trained professionals dedicated to delivering the best reimbursements. After a less-than-stellar billing experience with a large software company, PMB streamlined our billing procedures and increased our revenue. Chol facilitated a smooth transition. His staff are attentive and responsive to the needs of our outpatient physical therapy practice. I am very glad that we made the switch to PMB!
★★★★★
Integrated Medical Care
We have nothing but high praise to offer for Park Medical Billing. From day one there has been a very consistent and clear line of contact between our business and PMB. This means we can connect with our billing specialist right away, and any questions or issues we have are addressed in a very timely fashion. We also appreciate how PMB has worked with us to customize the way we view our billing data so we can have quick and complete access to all claims and payments. PMB is highly recommended!
★★★★★
Clinical Director and Speech Language Pathologist
I have recently transitioned to Park Medical Billing and am very happy with the decision to do so. As the Clinical Director, I am very pleased with the prompt response to any and all questions. Chol and his staff are willing to consistently work with my employees and always find a solution that works best for my company. The staff of PMB especially Monica, work extremely hard and are dedicated to customize our experience. Overall, PMB has been outstanding as each staff member goes above and beyond while working with my company. I highly recommend Chol and the staff at Park Medical Billing.
★★★★★
M&M Physical Therapy
Since hiring Park Medical Billing we have been impressed with their level of knowledge of physical therapy billing practices and exemplary customer service. Park's team has turned around a desperate situation and retuned us to profitability in a matter of a few months. Chol was able to institute streamlined billing practices as well as make himself available to us regarding any questions or concerns we had through a challenging time in our company's history. Audrey Cooper has been a great addition to our team as well. She is continuing to help my employees collect the correct data and follow up with any billing issues in a timely manner. She is always quick to respond in person with questions or concerns. As the CEO, having the right people in the right job is one of my top priorities. We definitely made the right choice in choosing Park Medical Billing for our billing needs. I looks forword to growing with them and to have a long and fruitful relationship. I would wholeheartedly endorse them as our medical billing company of choice.