Medical billing companies are firms that handle a healthcare provider's claims and collections under contract. Their work typically covers eligibility checks and prior authorisation before a visit, coding of diagnoses and procedures, submission of claims to insurers, payment posting, denial management and appeals, accounts receivable follow-up and patient statements. Larger firms sell the whole process as revenue cycle management (RCM), sometimes taking over a hospital's entire billing department.
This list covers twelve companies active in 2026, from R1 RCM, taken private for about US$8.9 billion in November 2024, and offshore-scale operators such as Omega Healthcare, which reports more than 36,000 staff, to specialist billers for physician practices. Facts are drawn from company websites, SEC filings and US government pages opened in November 2026, and vendor performance figures are labelled as company claims.
Medical billing companies differ from EHR software and practice management software, which practices use to bill for themselves, although several EHR vendors also sell outsourced billing. They also differ from claims clearinghouses, which only transmit electronic claims.
Contents
- What is a medical billing company
- History and market
- Key features to compare
- Pricing models
- How to choose
- Methodology
- The list
- Comparison table
- Alternatives by use case
- Recent developments
- Frequently asked questions
- See also
What is a medical billing company
A medical billing company acts as the provider's agent with insurers and patients. In a full outsourcing arrangement, it receives charge data from the provider's EHR or practice management software, codes or checks the coding, scrubs claims against payer rules, submits them electronically, posts remittances, works denials and underpayments, and follows up on unpaid balances, including patient statements and collections. Many firms also handle credentialing and payer enrolment for new clinicians.
The category spans three types of firm. Enterprise RCM partners such as R1 RCM, Ensemble Health Partners and Omega Healthcare work with hospitals and health systems, often taking over staff and running the revenue cycle end to end. Specialty billers such as Ventra Health and Coronis Health concentrate on facility-based specialties like anesthesia, radiology and emergency medicine. Practice-focused billers such as CareCloud, CureMD, Medusind, Plutus Health and MedicalBillersandCoders serve physician groups and independent practices, often alongside their own software.
US billing firms operate under federal compliance expectations. The HHS Office of Inspector General published Compliance Program Guidance for Third-Party Medical Billing Companies on 18 December 1998, and the No Surprises Act created an independent dispute resolution process for out-of-network payment disputes, administered through a federal IDR portal.
History and market
Outsourced billing grew as insurance claims became electronic and payer rules more complex. Several firms in this list trace their roots back decades: Coronis Health cites more than 40 years of RCM experience, MedicalBillersandCoders says it has operated since 1999, and Medusind cites more than 20 years. Large operators built delivery centres in India, the Philippines and Latin America; Omega Healthcare lists operations in the United States, India, the Philippines and Colombia.
Private equity has driven consolidation. On 19 November 2024, investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice completed the acquisition of R1 RCM at US$14.30 per share in cash, a transaction valued at about US$8.9 billion. CareCloud, by contrast, remains listed on Nasdaq under the ticker CCLD.
Automation and AI are now central to how firms compete. AGS Health sells autonomous coding and AI agents and says it processes US$64 billion in accounts receivable a year, Omega reports more than 2,400 AI agents in use, and Plutus Health describes 25 AI agents across seven workflow stages. No independent market-size estimate was verified for this list.
Key features to compare
Scope of service
Some firms offer end-to-end RCM from patient access to collections; others sell point services such as coding, denial management or A/R recovery. Medusind, for example, sells both end-to-end RCM and individual services.
Specialty expertise
Anesthesia, radiology, emergency medicine and behavioural health have distinctive billing rules. Ventra Health focuses on facility-based physician specialties, Coronis lists ten specialties including anesthesia and pathology, and Plutus Health covers behavioural health including ABA therapy.
EHR compatibility
A billing company must work inside, or interface with, the provider's system. Medusind supports more than 70 practice management systems and EHRs, while CareCloud and CureMD pair billing with their own software.
Coding quality and compliance
Certified coders, audit programmes and security certifications reduce compliance risk. Ventra cites HITRUST r2 certification, and Plutus Health and CareCloud cite SOC 2 Type 2.
Reporting and transparency
Providers should receive regular reports on clean-claim rate, denial rate, days in A/R and net collection rate. Many firms publish such metrics as marketing claims; Ventra, for instance, reports a 98% coding accuracy rate for clients.
Technology and automation
AI is used for eligibility checks, coding, denial prediction and prior authorisation. Access Healthcare markets its echo automation platform, and Coronis its Intelligent Revenue Platform.
Delivery model
Onshore, offshore and hybrid staffing affect cost and communication. Access Healthcare lists offices in Dallas and Chennai, and Plutus Health three global delivery centres operating 24/7.
Pricing models
Few medical billing companies publish prices. The most common model for practices is a percentage of collections: the biller earns a share of the money it collects. CureMD describes its model as "you only pay us for the dollars we collect", with setup, EDI implementation and training included at no extra cost.
Enterprise RCM contracts often combine a fixed rate with performance incentives. Ensemble Health Partners describes pricing as a fixed rate on collections plus tiered incentives for exceeding agreed metrics, and Plutus Health uses a base fee plus a performance component tied to denial rate, net collection ratio and days in A/R, with performance-linked service levels.
Other models include per-claim fees, common for smaller billers and software-led services; full-time-equivalent pricing for offshore staff augmentation; and bundled software, where the billing service includes the EHR or practice management system. AdvancedMD, an EHR vendor, states that practices using its in-house RCM team can get its software for free. Providers should compare the effective cost per dollar collected and check whether fees apply to patient payments and old accounts receivable.
How to choose
Hospitals and health systems considering full revenue cycle outsourcing usually evaluate R1 RCM, Ensemble Health Partners and Omega Healthcare, which operate at the scale needed to take over large billing departments. Ensemble reports Best in KLAS rankings for end-to-end revenue cycle outsourcing in 2024 to 2026.
Hospitals wanting to keep control while outsourcing coding or A/R can use AGS Health, Access Healthcare or Omega for specific functions.
Facility-based physician groups in anesthesia, radiology and emergency medicine often choose specialists such as Ventra Health or Coronis Health.
Independent practices may prefer CareCloud or CureMD, which combine billing with their own software, or Medusind, Plutus Health and MedicalBillersandCoders, which work with many existing EHRs. Dental groups and DSOs can use Medusind, which runs a dedicated dental RCM service.
Behavioural health and ABA providers should look at Plutus Health, which lists those specialties explicitly.
Methodology
Companies were selected from US-focused medical billing and revenue cycle management firms active in November 2026. They are ordered by the scale each company publishes or that appears in filings (transaction value, staff, collections or accounts receivable processed, providers served), then by breadth of services and specialties, then by pricing transparency. Performance figures such as clean-claim rates are company claims and were not independently audited; they are not used for ranking. No reviews, ratings or testimonials were used. All sources were accessed in November 2026.
The list
1
Hospital revenue cycle operator taken private for about US$8.9bn in 2024
Best for: Large hospitals and health systems outsourcing the full revenue cycle
R1 RCM is a healthcare technology and services company that automates and manages revenue cycle operations for hospitals, health systems and physician groups. It is headquartered in Murray, Utah.
On 19 November 2024, investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice completed their acquisition of R1, paying US$14.30 per share in cash in a transaction valued at about US$8.9 billion. As a privately owned company it publishes less financial detail than it did as a listed one.
R1's model is end-to-end revenue cycle outsourcing: it typically takes responsibility for a client's patient access, coding, billing and collections operations and applies automation across them. Its own website could not be opened for this review, so current client counts, staff numbers and service details are not listed here. Smaller practices are not its focus, and contracts are negotiated individually with no published pricing.
Key features
- End-to-end revenue cycle outsourcing
- Automation of revenue management
- Services for hospitals and physician groups
- Patient access through collections
Pricing
Quote-based; contracts negotiated individually.
Ownership and history
Acquired by funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice on 19 November 2024 at US$14.30 per share, about US$8.9 billion in total.
- Headquarters
- Murray, Utah, US
- Owners
- TowerBrook Capital Partners and Clayton, Dubilier & Rice
- Take-private value
- About US$8.9bn (November 2024)
- Pricing
- Quote-based
Strengths
- Very large scale
- End-to-end responsibility
- Experience with major health systems
- Heavy automation investment
Limitations
- Less public financial disclosure since going private
- Not designed for small practices
- No published pricing
2
End-to-end hospital RCM partner with more than 10,000 associates
Best for: Health systems seeking an outcome-aligned RCM partner
Ensemble Health Partners is a revenue cycle management company founded in 2014 that provides end-to-end RCM for hospitals and health systems. It describes itself as the leading revenue cycle managed services company, and a testimonial on its site refers to more than 10,000 associates.
Ensemble organises its services around five areas: patient experience, accelerating collections, reducing denials and underpayments, optimising EHRs including Epic, and improving payer strategy, supported by an "RCM Intelligence" offering that combines certified operators with AI. It reports Best in KLAS rankings for end-to-end revenue cycle outsourcing in 2024, 2025 and 2026, and for revenue cycle outsourcing in 2020 to 2022.
Its pricing model is a fixed rate on collections plus tiered incentives for exceeding agreed metrics. Ensemble suits health systems seeking a long-term partner aligned to outcomes. Its website does not state its ownership or headquarters, and some performance counters on its home page did not display values, so buyers should request audited client results.
Key features
- End-to-end revenue cycle outsourcing
- Denial and underpayment recovery
- Epic EHR optimisation
- Payer strategy services
- AI-supported RCM Intelligence
- Patient experience services
Pricing
Fixed rate on collections plus tiered performance incentives.
- Founded
- 2014
- Associates
- 10,000+ (cited on company site)
- Pricing model
- Fixed rate on collections + incentives
Strengths
- Incentive-aligned pricing
- Repeated KLAS outsourcing recognition
- Epic optimisation expertise
- End-to-end scope
Limitations
- Ownership and HQ not stated on site
- Hospital focus
- Published metrics incomplete
3
Global RCM and health data operator with 36,000+ staff
Best for: Providers and payers outsourcing high-volume RCM work
Omega Healthcare is a revenue cycle and healthcare operations company with press releases datelined Boca Raton, Florida, and operations in the United States, India, the Philippines and Colombia. It reports more than 36,000 staff, more than 350 healthcare organisations served and more than 2,400 AI agents in use.
Its services cover revenue cycle management, care coordination, health data curation, payer operations and drug access and affordability, delivered through the Omega Intelligence Platform with a clinical enablement offering. In 2026 it was rated Best in KLAS for ambulatory RCM services among EHR-agnostic providers, and it received a GeekWire and UiPath AI Breakthrough Award.
Omega's scale allows it to take on large volumes of coding, billing and accounts receivable work for both providers and payers. The trade-offs are those of any large offshore-heavy operator: clients need strong oversight of quality and communication, and pricing is negotiated. Its ownership is not stated on its site.
Key features
- Revenue cycle management
- Medical coding and A/R
- Payer operations
- Health data curation
- Omega Intelligence Platform
- Multi-country delivery centres
- Staff
- 36,000+ (company figure)
- Clients
- 350+ healthcare organisations
- Delivery countries
- US, India, Philippines, Colombia
- Recognition
- Best in KLAS 2026, ambulatory RCM services (EHR agnostic)
Strengths
- Very large workforce
- Serves providers and payers
- Extensive AI automation
- KLAS recognition in 2026
Limitations
- Ownership not stated
- No published pricing
- Offshore-heavy model needs oversight
4
Technology-enabled RCM firm processing about US$64bn in A/R a year
Best for: Health systems outsourcing coding and back-office RCM
AGS Health describes itself as a technology-enabled revenue cycle management company. Its services cover patient access (financial clearance, prior authorisation and eligibility), health information management and clinical services (medical coding, clinical documentation integrity, clinical denials and appeals), and patient financial services (claims, A/R, denials, payment posting and credit balance resolution), together with analytics.
The company says it processes US$64 billion in accounts receivable and codes more than 50 million charts a year, though its site also shows a lower US$53 billion figure. Named clients include Banner Health, Baylor Scott & White Health, VUMC, SCP Health, ApolloMD and Richmond University Medical Center. Its AI offerings include AI agents, intelligent authorisation, autonomous coding, computer-assisted coding and CDI, and an intelligent RCM engine.
AGS suits health systems that want to outsource coding and back-office functions while keeping strategic control. Its pages show conflicting headcount and volume figures, so buyers should confirm current numbers, and its ownership is not stated on the home page.
Key features
- Medical coding and CDI
- Autonomous and computer-assisted coding
- Prior authorisation
- Denial management and appeals
- AI agents
- Analytics and reporting
Notable customers
Banner Health, Baylor Scott & White Health, VUMC, SCP Health, ApolloMD, Auburn Community Hospital and Richmond University Medical Center.
- A/R processed
- US$64bn a year (company figure)
- Charts coded
- 50m+ a year
- Pricing
- Quote-based
Strengths
- Strong coding capability
- Large named health-system clients
- Broad AI tooling
- Modular services
Limitations
- Conflicting figures on its site
- Ownership not stated
- No published pricing
5
Billing specialist for anesthesia, radiology and emergency medicine
Best for: Anesthesia, radiology and emergency medicine groups
Ventra Health is a revenue cycle company specialising in facility-based physician practices: anesthesia, emergency medicine, hospital medicine, radiology and ambulatory surgery centres. It reports serving more than 30,000 providers at 3,600 locations in all 50 states, with 434 clients as of March 2026; by specialty, its facilities include 971 anesthesiology, 299 emergency medicine, 243 hospitalist and 1,939 radiology sites.
Services include end-to-end billing, coding, compliance and coding audits, provider enrolment and education, payer strategy and contracting, patient responsibility management and clinical documentation improvement, with data and analytics (vSight) and AI and automation (vCision). Ventra states that it does not provide healthcare staffing, distinguishing it from staffing-plus-billing firms.
Ventra reports 98% coding accuracy and reductions in initial denial rates of 26%, and holds HITRUST r2 certification and PCI DSS compliance. Its specialty focus is an advantage for facility-based groups but makes it a poor fit for primary care or multi-specialty clinics.
Key features
- Specialty coding and billing
- Payer contracting strategy
- Provider enrolment
- Compliance and coding audits
- vSight analytics
- HITRUST r2 certified
Security and compliance
HITRUST r2 certification and PCI DSS compliance.
- Providers
- 30,000+ (company figure)
- Clients
- 434 (March 2026)
- Locations
- 3,600 in 50 states
- Certification
- HITRUST r2
Strengths
- Deep facility-based specialty focus
- Payer contracting services
- Published client and site counts
- Strong security certification
Limitations
- Narrow specialty scope
- No published pricing
- Ownership not stated
6
CH
Specialty RCM firm managing more than US$20bn in collections a year
Best for: Specialty groups, EMS agencies and rural hospitals
Coronis Health provides end-to-end revenue cycle management from patient access through reimbursement, with an Intelligent Revenue Platform that combines analytics, automation and AI agents across the claim lifecycle. It reports managing more than US$20 billion in collections a year and more than 40 years of RCM experience.
Coronis lists ten specialties: anesthesia, behavioural health, emergency medical services, emergency medicine, FQHCs, hospitals and health systems, pathology, physician and multi-specialty groups, radiology and surgical specialties. It has proprietary anesthesia tools and publishes case studies including Mizell Memorial Hospital, a rural provider where it reports a clean-claim rate above 90%.
Coronis suits specialty groups and rural or community hospitals wanting a partner with anesthesia and EMS expertise. Its website does not state headquarters, ownership or staff numbers, and it publishes no prices.
Key features
- End-to-end RCM
- Intelligent Revenue Platform
- AI agents across the claim lifecycle
- Proprietary anesthesia tools
- EMS and FQHC billing
- Trust Center for compliance
- Collections managed
- US$20bn+ a year (company figure)
- Experience
- 40+ years
- Specialties
- 10
Strengths
- Large collections volume
- Anesthesia and EMS expertise
- Serves rural hospitals
- Integrated analytics platform
Limitations
- HQ and ownership not stated
- No published pricing
- Limited public client list
7
Nasdaq-listed billing and software provider supporting 40,000+ providers
Best for: Practices wanting billing and software from a listed company
CareCloud is a healthcare technology and services company listed on Nasdaq under the ticker CCLD, with its head office at 7 Clyde Road, Somerset, New Jersey. It combines revenue cycle management services with its own EHR, practice management and AI tools, and says it supports more than 40,000 providers, from small practices to large organisations.
CareCloud's services include medical billing, medical coding, credentialing and RCM for physician practices, healthcare organisations and hospitals. Its software includes cirrusAI Notes, which it says saves 20% of a provider's time per day. The company announced a SOC 2 Type 2 attestation in February 2025.
Being publicly listed means CareCloud files periodic financial reports, which gives buyers more visibility than most private billers. It suits practices that want billing and software from one vendor. The website publishes no prices, and practices that do not want to change their EHR should confirm how well CareCloud works with third-party systems.
Key features
- Medical billing and coding
- Credentialing
- Own EHR and practice management
- cirrusAI Notes
- Hospital RCM services
- SOC 2 Type 2
Pricing
Quote-based; no prices on the website.
- Listed on
- Nasdaq (CCLD)
- Headquarters
- Somerset, New Jersey, US
- Providers supported
- 40,000+ (company figure)
Strengths
- Public company with regular filings
- Billing and software in one
- SOC 2 Type 2 attestation
- Serves practices and hospitals
Limitations
- No published pricing
- Best value tied to its own software
- Investor site shows limited recent detail
8
Dallas and Chennai-based RCM and payer BPO provider with echo automation
Best for: Hospitals, payers and billing firms needing offshore capacity
Access Healthcare provides revenue cycle services and healthcare business process outsourcing from offices in Dallas, Texas, and Chennai, India. Its clients include hospitals and health systems, revenue cycle partners, other medical billing companies, dental groups and health insurers.
Revenue cycle services cover the front end (scheduling, eligibility, prior authorisation and registration), the mid-cycle (coding, charge entry, clinical documentation improvement and revenue integrity) and the back end (remittance, A/R, denials and credentialing). For payers, it handles claims operations, enrolment, appeals, premium billing, fraud and overpayment recovery and utilisation management. Its echo automation platform includes bots, autonomous coding, payments and security tools.
The company headlines a "60% reduction in cost to collect from day one", a marketing claim without published methodology. Access Healthcare suits organisations, including other billing companies, that want offshore capacity with automation. Its website does not state headcount or ownership.
Key features
- Front, mid and back-end RCM
- Payer BPO services
- echo automation platform
- Autonomous coding
- Credentialing
- Dental group services
- Offices
- Dallas, Texas, US; Chennai, India
- Clients
- Providers, payers and billing companies
- Pricing
- Quote-based
Strengths
- Serves providers and payers
- Works with other billing companies
- Automation platform
- Full revenue cycle coverage
Limitations
- Headcount and ownership not published
- Cost-saving claims not substantiated
- Offshore delivery requires oversight
9
Medical and dental RCM supporting 70+ practice management systems
Best for: Dental groups, DSOs and multi-specialty medical groups
Medusind provides revenue cycle management for both medical and dental providers. On the medical side it offers end-to-end RCM and individual services in billing, coding and credentialing, plus MedClarity practice management software and medical third-party administrator solutions. On the dental side it offers end-to-end dental RCM, insurance verification, fee schedule maintenance, A/R follow-up, payment posting, credentialing and its Dental QuickVerify eligibility tool.
Its clients include physician groups, FQHCs, behavioural health facilities, hospital-affiliated groups, home health providers, dental service organisations and private dental practices. It covers more than 40 specialties and supports more than 70 practice management systems and EHRs. The company reports more than 20 years of experience and over US$3 billion in charges billed in the past year.
Medusind's combined medical and dental capability is unusual and suits multi-location dental groups and mixed practices. Its website does not state headquarters, ownership or headcount, and performance claims are expressed as "up to" ranges.
Key features
- Medical and dental RCM
- Supports 70+ PM and EHR systems
- Credentialing
- Dental QuickVerify eligibility
- MedClarity practice management
- Point services or end-to-end
- Charges billed
- US$3bn+ in the past year (company figure)
- Specialties
- 40+
- Systems supported
- 70+ PM/EHR
Strengths
- Medical and dental under one provider
- Works with many existing systems
- Point or full services
- Long operating history
Limitations
- HQ and ownership not stated
- No published pricing
- Performance claims stated as ranges
10
Dallas RCM firm with outcome-based pricing and behavioural health focus
Best for: Behavioural health, ABA and ASC providers
Plutus Health is a revenue cycle management company headquartered at 16633 North Dallas Parkway in Dallas, Texas. It offers end-to-end RCM, from eligibility verification and prior authorisation through coding, claim submission, payment posting, denial management, A/R recovery and patient collections, along with No Surprises Act dispute resolution services, RCM consulting and interim leadership.
The company reports serving more than 9,000 providers in over 40 states with about 1,700 RCM specialists and three global delivery centres operating 24/7. Its stated specialties include behavioural health (ABA, psychiatry, substance use disorder and talk therapy), ambulatory surgery centres, orthopaedics, cardiology, freestanding emergency rooms, home health and hospice. It holds SOC 2 Type 2 and markets OlympusAI and other AI products.
Plutus publishes no list prices; its model is a base fee plus a performance component tied to denial rate, net collection ratio and days in A/R, and it offers a free 30-day RCM assessment. Its site gives inconsistent annual collections figures (US$1 billion and US$1.7 billion), and its benchmark comparisons are company claims.
Key features
- End-to-end RCM
- No Surprises Act IDR services
- Behavioural health and ABA billing
- AI coding and denial management
- Free 30-day RCM assessment
- SOC 2 Type 2
Pricing
Outcome-based: base fee plus performance component tied to denial rate, net collection ratio and days in A/R; no list prices.
- Headquarters
- Dallas, Texas, US
- Providers
- 9,000+ (company figure)
- RCM specialists
- About 1,700
- Pricing model
- Base fee + performance
Strengths
- Performance-linked pricing
- Behavioural health specialism
- Out-of-network dispute services
- Free assessment
Limitations
- Inconsistent figures on its site
- No list prices
- Benchmarks are self-reported
11
C
EHR vendor offering billing services paid only on collections
Best for: Independent practices wanting collections-based billing with bundled software
CureMD is an EHR and practice management vendor that also sells outsourced medical billing. Its billing service covers coding, A/R management, credentialing and enrolment, claim submission, prior authorisation alerts, denial management and appeals, eligibility verification, fee schedule reviews, secondary insurance billing, charge entry, payment posting, patient statements and old A/R recovery.
CureMD's pricing model is based on collections: "you only pay us for the dollars we collect." There are no software installation fees, and setup, EDI implementation and training are included at no additional cost; the percentage is provided on request. The company says it has nearly 29 years in medical billing, a rules engine with more than 4 million rules and more than 40,000 providers across all 50 states, and claims that 96% of claims are accepted and paid on first submission.
CureMD suits independent practices that want billing and software from one source with no upfront fees. The performance figures are company claims, and the percentage of collections is not published.
Key features
- Full-service medical billing
- Rules engine with 4m+ rules
- Credentialing and enrolment
- Prior authorisation alerts
- Old A/R recovery
- No installation fees
Pricing
Percentage of collections (rate on request); no installation fees; setup, EDI and training included.
- Pricing model
- Percentage of collections
- Providers
- 40,000+ (company figure)
- Upfront fees
- None stated
Strengths
- Pay only on collections
- No setup or installation fees
- Software and billing from one vendor
- Wide service list
Limitations
- Percentage not published
- Performance claims unaudited
- Headquarters not stated on billing page
12
M
US-based billing and coding firm operating since 1999 across 30+ specialties
Best for: Small and mid-size practices across many specialties
MedicalBillersandCoders (MBC) is a US-based medical billing and coding company that says it has operated since 1999. It serves independent practices and groups across a broad specialty list; its site features ambulatory surgery centre billing, family practice, dermatology, obstetrics and gynaecology, optometry, orthopaedics and wound care, and also lists cardiology, neurology, pain management and radiology.
The company gives two different specialty counts, "32+" in its about section and "40+" in its navigation, and describes more than 25 years of experience.
Its name and featured services centre on billing and coding for practices that want to outsource these functions.
MBC suits small and mid-size practices looking for a specialty-aware billing partner. Its pricing is on a separate page that was not available for this review, and the site does not state its headquarters or staff numbers, so buyers should request a written fee schedule and references in their specialty.
Key features
- Medical billing and coding
- ASC billing
- Specialty-specific billing
Pricing
Not verified; pricing is on a separate page that could not be opened.
- Operating since
- 1999 (company statement)
- Specialties
- 32+ to 40+ (company figures)
Strengths
- Broad specialty coverage
- Long operating history
- Featured specialty pages
Limitations
- Pricing not verified
- Inconsistent figures on its site
- HQ and staff numbers not stated
Frequently asked questions
How much do medical billing companies charge?
Most medical billing companies for practices charge a percentage of the money they collect, which they quote individually. CureMD states that clients pay only on collections, with no setup fees. Larger revenue cycle partners combine fixed fees with incentives: Ensemble Health Partners uses a fixed rate on collections plus tiered incentives, and Plutus Health a base fee plus a performance component.
What is the largest medical billing company?
Among the firms in this list, R1 RCM is the largest by transaction value: TowerBrook Capital Partners and Clayton, Dubilier & Rice took it private for about US$8.9 billion in November 2024. By workforce, Omega Healthcare reports more than 36,000 staff. Ensemble Health Partners cites more than 10,000 associates working on hospital revenue cycles.
What is the difference between medical billing and revenue cycle management?
Medical billing usually refers to preparing, submitting and following up on insurance claims and patient bills. Revenue cycle management covers the whole financial journey of a patient encounter, from scheduling, eligibility and prior authorisation through coding, billing, denial management, payment posting and collections, plus analytics and payer contracting.
Should a small practice outsource medical billing?
Outsourcing suits practices that lack experienced billing staff, face high denial rates or want predictable costs tied to collections. Practices should compare the fee percentage with the cost of in-house staff and software, ask for reports on clean-claim rate, denial rate and days in A/R, and confirm which party owns the data and how the contract can be ended.
Are medical billing companies regulated?
Billing companies are not licensed as a separate profession at federal level, but they handle protected health information under HIPAA and submit claims to federal programmes. The HHS Office of Inspector General issued compliance programme guidance for third-party medical billing companies in December 1998, and billers must follow payer rules and No Surprises Act procedures for out-of-network disputes.
Which medical billing company is best for anesthesia or radiology?
Facility-based specialties are served by specialists such as Ventra Health, which reports more than 30,000 providers across anesthesia, emergency medicine, hospital medicine and radiology, and Coronis Health, which lists anesthesia, radiology, pathology and EMS among its ten specialties and markets proprietary anesthesia tools.
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