Physician Billing Services

MGSI, LLC Radiology Billing Services

With decades of experience in handling Radiology Billing Services for hospital based physician radiology groups free standing imaging centers, we can insure your practice more successful results and appropriate reimbursement for the services you have rendered. In today’s healthcare environment many forces are negatively impacting the profits for radiologists. The sheer volume of exams and the number of procedures and diagnosis codes can be daunting along with a complex regulatory environment. The billing department at MGSI is comprised of talented radiology billing and coding professionals who will effectively work on submitting clean claims and minimizing denials which will translate to better collections.

With MGSI, you will enjoy knowing that you are in capable and experienced hands allowing you to concentrate on patient care and outcomes. As a radiology medical billing Company we have developed protocols which continue to augment our clients revenue results and decrease compliance risks in today’s healthcare environment.

As a radiology billing service, MGSI can decrease the risk of payment denial or missed charges and improve the group’s bottom line while allowing the provider to focus on delivering quality care. As your radiology billing partner MGSI provides a team of experts in the field of radiology billing services with proven results and client retention.

Our radiology billing services include:

Reconciling all charges received against your radiology log to ensure all services, procedures provided have been received, coded and processed
Data scrubbing and payer specific rejections handled daily
Minimize claims denials with our denial management protocols
Tracking payer contracts and fee schedules
Contract variance and reporting
Improve collections while accelerating cash flow
A working compliance plan
Infrastructure
We work closely with IT departments from all of your contracted hospitals and imaging centers
Monthly financial reports: review exam volumes, modality mix, payor mix, charges, collections, adjustments and categorized write offs
Identify opportunities to improve practice efficiency
95% First pass acceptance
96% of claims paid in 30 days
Keeping you in the know of the health of your practice

Benefits of outsourcing radiology billing to MGSI:

29 years of radiology billing experience
National and local presence
Client retention
Employee retention
Continued Education
Continued follow up and monitoring of the entire revenue cycle
Dedicated account managers and coders to handle your account
Reduced days to collect your invoices
Expert denial management
PACS systems experience
HL7 Interfaces experience
Robust practice management software and consistent system updates