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Thursday, December 8, 2022

Top 10 Medical Billing & Coding Solution Providers 2021

As technological adoption is paving way for better patient engagement, healthcare professionals are showing more interest in merging themselves into larger healthcare organizations with billing and claim processing more streamlined. They include physician groups, health systems, large/small medical practices into a one-group organization to achieve better results. This leads to better healthcare plans and comprehensive medical services effectively.

Alongside this combination, medical billing solutions with AI and robotics are also part of the model of bigger substances that shifts from conventional healthcare revenue cycle practice. Techniques for progress for medical billing organizations can be glancing back at their interior ability pool by likewise putting resources into high type assets.

The spike in the need for remote medical facilities has eventually resulted in mushrooming of medical billing companies. Today’s advanced medical billing solutions has the power to sweep away long queues and exhaustive waiting time at practices. AI and robotics based solutions are also making new trends in the industry by implementing more automation. There are numerous companies that provide the platform to patients and doctors for medical billing services and solutions. Most companies have different strategies to furnish this facility and they offer varied services to their practices.

With over hundreds of Healthcare IT service providers in the industry today, finding the right solution is often critical for the business and healthcare practices. After a thorough analysis of medical billing solution providers that provide innovative solutions, Medhealth Outlook Magazine’s distinguished panel comprising of CEOs, CIOs, VCs, and analysts has reviewed the top providers of Medical Billing solution providers and shortlisted the ones that are at the forefront of delivering innovation.

Our qualified selection panel looked at the vendors’ capabilities to fulfill the needs of the healthcare space with an effective solution to curb the challenges associated with healthcare. To make your selection process much smoother and streamlined, here is the list of “Top 10 Medical Billing Solution providers 2021” featuring the companies that are creating impact in the healthcare sector.

Axea Solutions

Management:

Susan Gatehouse

Designation:

Founder & CEO

Headquarters:

Cumming, GA

Website:

axeasolutions.com

Axea Solutions delivers expert revenue cycle services and technologies that enable healthcare organizations to improve clinical documentation and coding accuracy, enhance patient financial workflow, and boost financial success.

DrChrono

Management:

Michael Nusimow

Designation:

Co-founder & CEO

Headquarters:

Sunnyvale, CA

Website:

drchrono.com

DrChrono develops the essential platform and services for modern medical practices to make care more informed, more interactive, and more personalized.

FrontRunnerHC

Management:

John Donnelly

Designation:

President & CEO

Headquarters:

Plymouth, MA

Website:

frontrunnerhc.com

FrontRunnerHC is a leading SaaS solutions provider that helps healthcare organizations ensure accurate, efficient, and cost-effective reimbursement for the services they perform by ensuring that patient demographic, insurance, and financial information is correct and complete.

ImagineSoftware

Management:

Sam Khashman

Designation:

President & CEO

Headquarters:

Charlotte, NC

Website:

imagineteam.com

ImagineSoftware is the leading provider of medical billing automation software and revenue management applications. The cutting-edge technology for medical billing offices, practices, and hospitals improves efficiency while increasing cash by applying high quality standards to data integrity.

Inbox Health

Management:

Blake Walker

Designation:

CEO

Headquarters:

New Haven, CT

Website:

inboxhealth.com

Inbox Health helps medical billing companies reinvent how they manage patient billing and communication. Their platform completely handles patient billing, payment, and follow up communication and support for billing companies.

Kareo

Management:

Dan Rodrigues

Designation:

Founder and CEO

Headquarters:

Irvine, CA

Website:

kareo.com

Kareo is the only cloud-based, clinical and business management platform designed specifically for the independent practice

MailMyStatements

Management:

Hugh Sullivan

Designation:

CEO

Headquarters:

Castle Rock, CO

Website:

mailmystatements.com

MailMyStatements (MMS) optimizes billing and payment processes for healthcare. For over a decade MMS has helped medical offices, hospitals, health systems, and healthcare software companies with patient-friendly methods for improving the healthcare revenue cycle.

MedHelp

Management:

James Nichols

Designation:

President & CEO

Headquarters:

Baltimore, MD

Website:

medhelpinc.com

For over 20 years, healthcare providers have discovered that MedHelp, Inc. has enabled them to experience immediate profit increases and improved efficiency of their revenue cycle management operations.

NextGen

Management:

David Metcalfe

Designation:

CTO & EVP

Headquarters:

Atlanta, GA

Website:

nextgen.com

NextGen Healthcare is on a relentless quest to improve the lives of those who practice medicine and those they care for. We provide tailored solutions to fit the precise needs of ambulatory practices, as they strive to reach the quadruple aim while navigating the journey of value-based care.

Telcor

Management:

Jim Terrano

Designation:

President & CEO

Headquarters:

Lincoln, NE

Website:

telcor.com

TELCOR provides software solutions for point of care testing (POCT) and laboratory revenue cycle management. Customers today need robust and efficient solutions to match the challenges of laboratories and hospitals.