Billing Services for Your Large Practice

Save up to 30–60% on Annual Payroll Costs

Billing errors can significantly impact your large practice’s financial performance. With over 10 years of expertise in billing and denial management, CoreMedEx is recognized for reducing claim denials by 97% and recovering lost revenue for large practices. Proudly serving providers across all 50 states!

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CoreMedEx and Large Practices Share the Same Goals

Quicker and Higher Cash Flow

Accurate Billing and Coding

Enhanced Patient Experience

Comprehensive Denial Management

Regulatory Compliance

Significant Cost Reduction

A Strong Billing Infrastructure Is a Key Advantage of Our Medical Billing Services

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Large practices encounter numerous challenges, from patient registration to claim submission and follow-up. One of the biggest hurdles is managing multiple claim filings alongside other administrative demands.

A reliable billing infrastructure brings transparency, flexibility, and cost-efficiency—refining weak points in the billing process. That’s where CoreMedEx steps in. Our billing operations are supported by advanced systems, updated denial management tools, and skilled professionals who deliver effective solutions and 24/7 support.


8 Key KPIs to Drive Faster ROI and Better Financial Performance

These indicators form the foundation of the revenue cycle management process and billing workflow for large practices.


It Takes Just 4 Key Metrics for CoreMedEx to Audit Billing and Improve ROI for Your Large Practice

These four indicators account for nearly 60% of your billing efficiency, productivity, and financial results—based on real data from our clients.

Days in Accounts Receivable – 30–40 Days

Accounts receivable tracks claim payments by measuring how long it takes to collect outstanding balances. CoreMedEx maintains a low A/R ratio to ensure quicker reimbursements.

Net Collection Rate – 98%

This metric reflects the total collections from both patients and insurers. We ensure timely payments to keep your net collection rate consistently high.

First Pass Acceptance Rate – 97%

Also called the first-pass clean claim rate, this measures how many claims are accepted on the first submission. We deliver high-quality RCM services that achieve exceptional first-pass acceptance.

Denial Rate – 1%

The percentage of denied claims indicates the strength of your RCM process. We actively follow up on denials, identify and correct errors, and maximize your overall revenue recovery.


Get Customized Medical Billing Solutions to Enhance Your Billing, Coding, and Overall RCM Efficiency

At CoreMedEx, we know that one size doesn’t fit all. Your large practice requires tailored services that are transparent, accurate, and reliable. We audit your billing workflow, identify and correct errors, and track all unpaid and aging claims.

Large practices handle numerous tasks—from patient registration to claim submissions and denial management. We manage your non-clinical operations so you can stay focused on patient care.

Our advanced billing, coding, and RCM systems are built for large practices. We achieve over 99% clean claim submissions, ensure on-time claim processing, monitor aging A/R daily, and consistently boost reimbursement rates.

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Medical Billing Services to Optimize Revenue Cycle Management for Large Practices

Simplify the complexities of medical billing and boost both financial performance and operational efficiency by following the streamlined billing workflow designed by CoreMedEx for large practices.

Insurance Verification and Eligibility

Confirm prior authorization and verify insurance coverage for medical procedures, diagnoses, and treatments.

Patient Registration

Collect, validate, and input patient data accurately to ensure precise and error-free billing documentation.

Claims Submission

With a 99% clean claim rate, we submit precise claims for a high first-pass approval rate, maximizing your overall collections.

Coding and Documentation

Our experienced coders and billers ensure accuracy in diagnostic and procedural coding, preventing costly mistakes.

Denial Management

Identify and correct the root causes of denials to improve accuracy and strengthen denial resolution.

Payment Posting

Record all payments received from insurers or patients, maintaining clear records and notifying patients of any co-pays or balances.

A/R Follow-Up

Track outstanding claims and accounts receivable to ensure timely reimbursements and complete collections.

Patient Billing

Patient Billing Generate accurate patient invoices reflecting the services rendered and associated charges.

Education and Outreach

Education and Outreach Through proactive communication with providers, we help clarify patient financial responsibilities and encourage timely payments.

Our Streamlined Work Process to Achieve Results Faster

24/7 Access to Technology and Infrastructure

With CoreMedEx, you gain around-the-clock access to advanced billing technology, coding tools, and infrastructure designed to enhance RCM efficiency for large practices. Outsourcing your billing to us lets you benefit from these resources without the expense of purchasing or maintaining software and hardware.

Regular Auditing and Quality Control

We conduct routine internal audits to identify inaccuracies and highlight areas for process improvement. Our team corrects recurring issues, implements strict quality control, double-checks claims, and performs detailed reviews—minimizing revenue leaks and billing errors.

Upfront Communication

We emphasize clear, consistent communication among insurers, administrative teams, and billing staff to foster long-term collaboration, strengthen trust, and prevent misunderstandings or processing errors.

Expertise and Specialization

Our experienced billing professionals and certified coders bring deep industry expertise to reduce denials and ensure full compliance. Large practices can rely on this knowledge for efficient, accurate, and compliant billing operations.

Simplifying Complex Coding Systems (ICD-10, CPT, HCPCS)

CoreMedEx stays current with all regulatory updates, coding standards, and insurance requirements. Our coders are proficient in ICD-10, CPT, and HCPCS systems—ensuring precise coding, faster collections, and complete accuracy throughout your revenue cycle.

Add-On Services for a Complete Billing and RCM Solution for Your Large Practice

Maximize your revenue and care efficiency with CoreMedEx add-on services—available individually or as part of a full-service package.

Prior Authorizations

Obtain advance approval from insurance providers to confirm coverage for procedures or treatments, reducing unnecessary delays, costs, and administrative burdens.

Comprehensive Analysis and Reporting

Receive detailed reports and audits to track revenue cycle performance, identify trends, and make data-driven decisions.

Eligibility & Benefits Verification

We verify patient insurance details, eligibility, and benefits to ensure consistent cash flow and minimize claim denials.

Credentialing

Our credentialing services help verify physician qualifications, credentials, and licensing, saving your practice time and ensuring full compliance.