LMC Practice Management
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LMC Practice Management
  • Home
  • Services
  • AR Management
  • Contact
  • Links

about us

THE LMC PRACTICE MANAGEMENT DIFFERENCE

  Physicians often find themselves grappling with frustrations stemming from their in-house or outsourced billing processes. The challenges range from issues like billing staff inexperience or negligence, high turnover rates, to the subsequent consequences: incorrectly submitted claims, overlooked claims, rejected and denied claims, coding errors, insufficient follow-up on unpaid claims, and irregular billing for deductibles and co-insurance. The cumulative effect is a complex web of financial inefficiencies, leading to potential revenue loss for your practice


 

Comprehensive Services:


  • Insurance Verification
  • CPT, ICD10, and modifiers claim scrubbing
  • Electronic claims filing, including paper and secondary/tertiary claims
  • Fee schedule management for optimal reimbursement
  • Insurance EOB posting
  • Follow-up on unpaid claims
  • Patient statements
  • Retina drug "J" codes reimbursement
  • Denial/Appeal management
  • Customized Monthly Reporting


 We seamlessly integrate with your existing practice management system  for all billing, providing you with complete control over your billing  processes and ensuring access to real-time reporting whenever you need  it! 


 We possess in-depth expertise with a range of Practice Management companies and have established positive relationships with their  respective support departments, including 


  • Medinformatix 
  • Nextech
  • Practice+
  • Modernizing Medicine
  • AdvancedMD
  • OfficeAlly/Practice Mate
  • MDOffice
  • CareCloud
  • Visionary Medical Systems
  • EyeCare Leaders



Learn More

At LMC, we go beyond traditional medical billing services. We conduct regular evaluation and management audits to optimize your financial performance, strategically increasing charges and payments while minimizing controllable loss adjustments. Our approach eliminates the uncertainties associated with insurance payments. 

Find out more

proven results

HOW DOES YOUR BILLING DEPARTMENT MEASURE?

  • Over 99% clean claim submissions*
  • Net collection rate -  99%
  • Days in AR - 22 
  • AR Over 90 days -  5%**
  • Appeal Wins/Denial Overturns - 99% Success rate 
  • Timely Filing Denials - 0%*


*Data based on 2022 reporting via Zirmed, Trizetto PracticeEDIInsight, OfficyAlly

**Data based on 2022 accounts receivable reporting

 We consistently aim for LMC to be perceived as an extension of your ophthalmology practice. To alleviate the workload on your staff, we offer a dedicated telephone line for your patients to reach out to LMC with any billing inquiries.


Our team of ophthalmology billing experts is dedicated to optimizing your insurance and patient collections ratio while minimizing workflow hassles. What sets us apart is our ability to provide tailored solutions to address every concern you may have

Copyright © 2023 LMC Practice Management - All Rights Reserved.

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