1. What is Olympus Medical Billing and Management?

We are a comprehensive solution for revenue cycle management. We fuse a personalized approach with cutting-edge technological solutions that translates into high-quality, professional services at competitive prices. We cover the submission of electronic claims to over 4,000 insurers including all governmental and private insurers.

2. Do I have to change any systems or software to use you, and do you provide Practice Management Systems (PMS) and Electronic Health Records (EHR)?

We work with whatever system you have, you do NOT need to change anything. If you do not have a system, we provide PMS and EHR, both for FREE or at a very minimal cost, from third parties, and we have expertise in their use.

3. What are the costs of your billing services?

We charge a percentage of all insurance collections for our comprehensive billing services, billed monthly. The average medical office collects around $40,000 per month: the average salary for front office managers trained in insurance, EOB, and accounts receivable management is $18/hour. The cost to the practice for this employee is over $3000/month including compensation and taxes. The cost to use our services would be about $2,000 in this instance. You increase your NET income by at least over $10,000 annually. In addition your collections would increase due to proper claim filing and our denial management and follow up services. So the actual income increase is even more.

4. Are there any long term contracts?

NO long-term contracts required. All services operate on a month-to-month agreement. Your first month of service is FREE.

5. Who handles the payments and deposits, do you record EOB’s?

All of your payments are sent directly to your office, and your office staff handles all deposits; we never handle your money. Most EOBs come via the PM system, those that come to you by mail, you scan and send them to us, and we record them for you.

6. Do you replace our staff members currently working on billing?

Our medical billing services allow your office staff to focus on the daily operations, and give them more time for individualized patient attention. You can refocus your staff to serve other vital roles, or you can reduce your staff cutting your HR expenses.

7. What is your experience in medical billing?

As a company that is both owned and operated by physicians, Olympus Medical Billing is a nationally recognized resource for medical billing services. Our team of medical billing specialists is familiar with the changing payment environment, with over ten years of experience; allowing us to comply with all established and emergent laws and the constant technological innovation that marks this industry.

8. Why should I use you instead of an IT or a Mega Company?

Unlike IT and mega companies, Olympus Medical Billing is a team of medical billing specialists that serve as practice managers for your business. We do not have a uniform approach for every practice as each one is different. You get a personalized attention, custom-tailored to the size and the needs of your practice.

9. What medical specialties does your company serve?

We provide nationwide services in all medical specialties from family practice to surgical specialties. We also provide chiropractic billing services, physical therapy billing services, podiatry billing services, mental health billing services and more. In addition we support durable medical equipment (DME), anesthesia, ambulances, and facility billing. We serve solo practitioners and small and large groups in singular or multispecialty practices.

10. Does Olympus Medical Billing guarantee its services?

Our medical billing services are guaranteed to meet, and exceed your expectations. We only get paid when our efforts result in successful collection of insurance claims. We guarantee the utmost satisfaction when you choose us, or you don’t pay us.