Focus on Healing—We’ll Handle the Billing.

Medical Billing Service for Orthopedic Clinics and Providers

Managing an orthopedic practice requires a high level of expertise and attention to detail. With the complexity of treatments, procedures, and patient care, billing challenges shouldn’t stand in your way. That’s where Panacea Healthcare Solutions (panaHEALTH) steps in. We handle your billing with accuracy and efficiency, ensuring timely payments and freeing your team to focus on providing the best orthopedic care.

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Provider across entire US.

What is Orthopedic Billing?

Orthopedic billing involves managing claims and payments for specialized treatments like joint replacements, fractures, physical therapy, and more. This type of billing comes with unique challenges, such as intricate coding requirements, various insurance plans, and the need to track procedure-specific modifiers. We take care of these complexities, ensuring accurate billing and coding so you can focus on what matters most—your patients. 

Challenges in Orthopedic Medical Billing

Orthopedic billing comes with its own set of hurdles, requiring specialized expertise to overcome.

Complexity of Coding and Documentation

Orthopedic procedures often involve multiple steps, each requiring precise coding and documentation. Errors in coding can lead to claim denials or underpayments.

Frequent Regulatory Updates

Staying compliant with evolving healthcare regulations, including CPT and ICD-10 coding updates, can be overwhelming for in-house teams.

Pre-Authorization Requirements

Many orthopedic treatments require pre-authorization, which, if not managed properly, can delay patient care and revenue collection.

High Denial Rates

The intricate nature of orthopedic billing often leads to claim rejections due to incorrect modifiers, incomplete documentation, or payer-specific rules.

Variety of Payer Policies

Navigating the unique rules and reimbursement policies of multiple insurance providers adds to the complexity.

Revenue Leakage

Inadequate follow-ups, missed billing opportunities, and uncollected patient balances contribute to revenue loss, impacting the clinic’s financial health.

Outsource Your Orthopedic Billing to Panacea Healthcare Solutions

Handling orthopedic billing in-house can be time-consuming and error-prone. By outsourcing to Panacea Healthcare Solutions, you gain a dedicated team of experts managing everything from pre-authorization to denial resolution. Our approach reduces errors, accelerates payments, and keeps your revenue cycle on track—all while giving you the peace of mind to focus on patient care. 

How to Efficiently Manage Your Orthopedic Billing & Coding

Financial stability for your orthopedic practice begins with accurate and efficient billing.

Pre-Authorization Support

Verify insurance approvals before treatments begin, avoiding delays.

Precise Coding

Our certified coders ensure all orthopedic procedures and surgeries are coded accurately to minimize claim rejections.

Efficient Claims Submission

Fast and error-free submissions improve approval rates and ensure prompt payments.

Regulatory Compliance

Stay compliant with HIPAA and the latest healthcare billing regulations.

Insightful Reporting

Get clear, actionable financial insights to track performance and optimize your practice.

Benefits to Outsource Your Orthopedic Medical Billing with Panacea

Over 95% First Pass Claim Acceptance

Ensuring faster claim approvals and minimizing delays.

Over 95% First Pass Claim Resolution

Resolving claims efficiently to accelerate payments and reduce stress.

5-10% Net Collections Increase

Proven strategies that boost your bottom line and ensure financial growth.

100% Free Billing Audit

Identify inefficiencies and opportunities with a no-cost, in-depth analysis of your billing processes.

Dedicated Follow-Up

Proactive management of every claim issue to recover lost revenue quickly and efficiently.

No Hidden Fees

ransparent pricing so you can focus on your practice with peace of mind.

Why Work With Panacea Healthcare Solutions?

At Panacea Healthcare Solutions, we’re more than just a billing service—we’re your dedicated partner in growth. We offer tailored solutions that address the unique needs of your orthopedic practice, ensuring your revenue cycle operates smoothly and your financial health remains robust.

Time-Saving

Outsourcing billing lets you focus on providing quality care without worrying about billing, insurance claims, or administrative tasks.

Increased Efficiency

A professional billing service ensures claims are processed on time and collections run smoothly, improving your practice's overall flow.

Reduced Errors

Billing experts are skilled at avoiding mistakes, reducing the chances of claim denials or payment delays.

Better Revenue Management

Outsourcing helps you get the most out of reimbursements and ensures timely payments, improving your practice’s finances.

Stay Current with Regulations

Billing providers stay updated on changing healthcare rules, codes, and insurance requirements, reducing compliance risks.

Get Your Free Billing Audit Today

Let us handle the complexities of billing so you can focus on delivering exceptional care to your patients. Contact us today for a 100% free billing audit and see the difference Panacea can make for your Orthopedic Medical Billing practice! 

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What Our Clients Have To Say

Our Founders

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Manish Thakur

Founder and CEO

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Brian Collins

President of Marketing

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Joe Johnson

President of Network Admin.

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