AnnexMedAnnexMedAnnexMed

Best Medical Billing Companies for New York Practices

New York’s healthcare market presents unique billing challenges. With over 356 medical billing companies operating statewide and constantly changing payer policies, choosing the right revenue cycle partner directly impacts whether your practice thrives or struggles with cash flow.

High claim denial rates, delayed reimbursements, and administrative burnout plague many New York practices. The average medical practice loses 12-15% of potential revenue to billing errors and unworked denials. For busy providers managing complex patient care, these financial leaks create unsustainable operational pressure.

The U.S. medical billing outsourcing market continues expanding as more practices recognize that professional billing management isn’t optional; it’s essential for financial survival. The right billing partner doesn’t just process claims; they protect revenue, ensure compliance with New York’s payer requirements, and free your team to focus on patient care.

Why Choosing the Right Medical Billing Company Matters in New York

Managing billing in New York demands more than basic claim submission. The state’s dense payer landscape includes strict credentialing requirements, frequent policy updates from major insurers like Empire BlueCross BlueShield and UnitedHealthcare, and complex compliance mandates that vary by region and specialty.

Between payer policy changes, tight compliance rules, and mounting administrative work, even small mistakes lead to costly delays. Many practices juggle denials, coding updates, and time-consuming appeals that consume hours meant for patient care. State-specific payer requirements make accuracy critical. Without proper expertise, maintaining a steady cash flow becomes nearly impossible.

Outsourcing to a trusted medical billing company removes this burden. Instead of tracking claims and coding updates, staff focus on patients rather than paperwork. A reliable billing partner brings deep expertise, advanced tools, and dedicated teams who handle denials and compliance efficiently. This reduces errors, speeds reimbursements, and keeps revenue consistent month after month.

Most practices see measurable improvements within 60-90 days: cleaner claims above 95%, reduced accounts receivable aging, and recovered revenue from previously abandoned denials.

How to Evaluate a Medical Billing Company

Our evaluation focused on factors that directly impact New York practice performance and financial outcomes.

Evaluation Criteria

  • Specialty Expertise and Industry Knowledge
  • Technology Capabilities
  • New York Payer Expertise
  • Compliance and Security Standards
  • Communication and Service Scalability

Top Medical Billing Companies in New York 2026

1. AnnexMed

Best For: New York practices seeking comprehensive RCM with proven results and advanced technology

AnnexMed delivers complete revenue cycle management backed by nearly 20 years of healthcare billing expertise. Their end-to-end RCM approach covers patient access, medical coding, claims management, denial prevention, compliance monitoring, and financial analytics, giving New York practices a single, accountable partner for the entire billing process.

AnnexMed’s proprietary Annex.AI platform delivers measurable improvements: up to 36% reduction in aged accounts receivable, 72% fewer claim denials, and 98% net collection rates. These aren’t projections; they’re documented client outcomes. Their 30-day trial allows practices to test services without long-term commitment, and their 99.1% client retention reflects consistent service delivery.

Core Services:

  • Complete revenue cycle management from eligibility verification to denial appeals
  • Certified specialty coding (CPC, CCS credentials)
  • AI-driven denial management and prevention
  • Real-time eligibility verification and authorization tracking
  • Provider credentialing and re-credentialing
  • Accounts receivable recovery including aged AR specialists
  • HIPAA-compliant data handling and compliance monitoring
  • Real-time financial analytics and performance dashboards

AnnexMed stands out as the top choice due to: 

  • Proven Results: 72% fewer denials, 98% collection rate
  • AI-Powered Platform: Reduces aged AR by 36% 
  • Risk-Free Validation: 30-day free trial
  • Client Loyalty: 99.1% retention rate
  • Real Impact: Recovered $22M in Aged AR

Stop Losing Revenue to Preventable Billing Errors

Let AnnexMed’s certified billing specialists handle your revenue cycle. More accurate claims, faster payments, less stress.

Talk To Our Experts

2. Med USA

Best For: Physician practices and multi-location clinics seeking full-service billing with transparent communication

Med USA delivers comprehensive medical billing services for physician practices, hospitals, and multi-location clinics throughout New York. Their full-service approach includes billing, coding, credentialing, and compliance support, helping providers reduce administrative burdens while maintaining financial clarity.

Core Services:

  • Medical billing and coding
  • Insurance credentialing and enrollment
  • Compliance monitoring
  • Claims management and follow-up
  • Revenue cycle consulting
  • Multi-specialty support

Med USA recognizes every practice operates differently. They customize their approach to fit seamlessly into existing workflows, providing transparent reporting that tracks claim status, payment patterns, and denial trends without overwhelming administrators.

 3. Coronis Health

Best For: Practices needing versatile RCM services with emphasis on EHR integration

Coronis Health provides tailored revenue cycle services with strong focus on technology integration and workflow coordination. Their team specializes in billing, coding, AR follow-up, denial resolution, and seamless EHR integration.

Core Services:

  • Medical billing and coding
  • Accounts receivable management and follow-up
  • Denial management and resolution
  • EHR integration and optimization
  • Claims submission and tracking
  • Compliance monitoring

Coronis works with multiple EHR platforms, ensuring smooth data flow between clinical documentation and billing systems. Rather than imposing rigid processes, they adapt to each practice’s unique workflow, staffing structure, and existing systems.

4. Medeye RCM

Best For: Physician practices wanting personalized support with staff education

Medeye RCM takes a relationship-driven approach, offering end-to-end revenue cycle solutions combined with staff education and workflow optimization. Their emphasis on personalized support makes them reliable for practices seeking consistent, organized billing operations.

Core Services:

  • Eligibility verification and charge capture
  • Medical coding
  • Claims submission and management
  • Accounts receivable follow-up
  • Staff training and education
  • Workflow consulting

Medeye doesn’t just handle billing; they educate office teams on coding updates and best practices. This knowledge transfer helps practices maintain quality and provides quick turnaround times with accessible support.

5. 24/7 Medical Billing Services

Best For: Practices wanting dependable full-service billing without managing every detail

24/7 Medical Billing Services provides professional medical billing tailored to New York practices across various healthcare specialties. Their team focuses on simplifying administrative processes, ensuring compliance, and maintaining accurate claim submission.

Core Services:

  • Medical billing and coding
  • Insurance credentialing
  • Specialty-specific billing support
  • Compliance management
  • Claims submission and follow-up

They create seamless coordination between clinical and billing teams, reducing communication gaps that cause claim delays. By understanding each practice’s workflow, they reduce bottlenecks and ensure efficient claims processing.

6. Physicians Billing Solutions (PBS)

Best For: Small to medium-sized practices seeking affordable, personalized billing services

Physicians’ Billing Solutions offers cost-effective medical billing for practices looking to improve collections without breaking their budget. They focus on building personal relationships with smaller practices and providing accessible, responsive support.

Core Services:

  • End-to-end billing and coding
  • Insurance verification
  • Denial management
  • Patient billing and statements
  • Monthly financial reporting

PBS understands the financial constraints smaller practices face and structures their services to deliver maximum value. Their straightforward approach and competitive pricing make them attractive to practices transitioning from in-house billing.

7. MedBillingExperts

Best For: Multi-specialty groups requiring complex billing coordination

MedBillingExperts specializes in handling the intricate billing needs of multi-specialty practices where diverse procedure codes, multiple provider credentials, and varied payer contracts create complexity.

Core Services:

  • Multi-specialty billing and coding
  • Complex claims management
  • Provider credentialing across specialties
  • AR management and collections
  • Compliance and audit support

Their expertise in coordinating billing across different specialties under one practice umbrella makes them valuable for groups that have struggled with other billing companies unable to handle their complexity.

8. GeBBS Healthcare Solutions

Best For: Large practices and hospital systems needing enterprise-level RCM

GeBBS Healthcare Solutions provides enterprise-scale revenue cycle management with advanced analytics and comprehensive service offerings. Their infrastructure supports high-volume billing operations for larger healthcare organizations.

Core Services:

  • Full revenue cycle management
  • Advanced analytics and reporting
  • Denial prevention programs
  • Coding audits and compliance
  • Technology-enabled workflows

GeBBS combines technology with experienced billing professionals to deliver scalable solutions. Their focus on data-driven insights helps larger organizations identify systemic issues and optimize revenue performance.

9. Millennium Medical Billing

Best For: Practices prioritizing accuracy and attention to detail

Millennium Medical Billing takes a meticulous approach to claims processing, implementing multiple quality checks before submission. Their focus on accuracy appeals to practices frustrated with high denial rates from coding errors.

Core Services:

  • Precision-focused billing and coding
  • Multi-layer claim review process
  • Proactive denial prevention
  • Credentialing services
  • Patient billing support

Their quality-first methodology results in exceptionally clean claims and fewer denials, making them suitable for specialties with complex coding requirements or practices that can’t afford claim errors.

10. Advanced Medical Billing Services

Best For: Practices seeking flexible, customizable billing solutions

Advanced Medical Billing Services offers modular service packages, allowing practices to select specific services they need rather than paying for comprehensive RCM when only certain functions require support.

Core Services:

  • Customizable service packages
  • Claims submission and follow-up
  • AR recovery services
  • Coding support
  • Credentialing assistance

Their flexible approach works well for practices that handle some billing internally but need professional support for specific challenging areas like denial management or aged AR recovery.

Medical Billing Companies in New York: Quick Comparison

CompanyKey StrengthRating
AnnexMed98% net collection, 72% fewer denials, Annex.AI platform⭐⭐⭐⭐⭐ (4.9/5)
Med USACustomized workflows, clear reporting⭐⭐⭐⭐☆ (4.5/5)
Coronis HealthMulti-platform EHR integration⭐⭐⭐⭐☆ (4.6/5)
Medeye RCMStaff training, responsive service⭐⭐⭐⭐☆ (4.4/5)
24/7 Medical BillingMulti-specialty expertise⭐⭐⭐⭐☆ (4.3/5)
Physicians’ Billing SolutionsAffordable, personalized service⭐⭐⭐⭐☆ (4.3/5)
MedBillingExpertsComplex billing coordination⭐⭐⭐⭐☆ (4.4/5)
GeBBS HealthcareEnterprise-level RCM, advanced analytics⭐⭐⭐⭐☆ (4.5/5)
Millennium Medical BillingPrecision, multiple quality checks⭐⭐⭐⭐☆ (4.3/5)
Advanced Medical BillingCustomizable, modular packages⭐⭐⭐⭐☆ (4.2/5)

Common Medical Billing Challenges in New York and Why Outsourcing Helps

Key Challenges New York Practices Face

Complex Coding Requirements
Prior Authorization Gaps
Credentialing Delays
State-Specific Compliance
Unworked Denials
Staff Turnover

How Outsourcing Solves These Problems

Certified coders

Automated authorization trackingDedicated credentialing teams
Compliance monitoring
Specialized denial management
Advanced technology
Consistent service

How to Choose the Right Medical Billing Company for Your New York Practice

Specialty-Specific Experience
Ask what percentage of their clients practice in your specialty, whether they employ coders with specialty certifications, and if they can provide references from similar practices.

Technology Infrastructure
Evaluate claim scrubbing capabilities, real-time eligibility verification, denial tracking tools, reporting transparency, EHR integration, and HIPAA compliance protocols.

New York Payer Expertise
Verify established relationships with Empire BCBS, UnitedHealthcare, Aetna, and knowledge of New York Medicaid and marketplace plans.

Transparent Performance Metrics
Request clean claim rates (target: 95%+), average A/R days (target: <40 days), denial rates (target: <5%), net collection rates (target: 95%+), and client retention data.

Denial Management Capabilities
Understand their success rate in overturning denials, approach to aged accounts receivable, and appeal processes.

Communication Structure
Clarify who your primary contact will be, response times, reporting frequency, and how urgent issues are handled.

Contract Terms
Understand percentage charges (typical: 4-8%), setup fees, what’s included, contract length, and trial period availability.

FAQs

1. Can outsourcing medical billing reduce claim denials?

Yes. Partnering with a professional medical billing company ensures accurate coding and timely submissions, which lowers claim denials and speeds up reimbursements.

2. How do medical billing companies handle patient billing?

Medical billing companies manage patient invoicing, statement generation, and payment follow-ups while maintaining HIPAA compliance. This simplifies collections and improves patient satisfaction.

3. Are medical billing companies suitable for small practices?

Absolutely. Small practices benefit from outsourcing as it reduces administrative burden, ensures accurate claims, and allows providers to focus on patient care.

4. How does a medical billing company stay compliant with regulations?

They follow state and federal guidelines, including HIPAA, and regularly update processes for coding standards and payer rules to ensure compliance.

5. Can medical billing companies support multiple specialties?

Yes. Many companies have expertise across specialties, offering tailored coding, claims management, and reporting solutions for cardiology, oncology, pediatrics, and more.

Want to Reduce Your Aged AR by 36%?

AnnexMed helps practices achieve 98% net collection rates, improve cash flow, and retain 99.1% of clients through proven RCM expertise. Your revenue recovery starts here.

Get Your Free Consultation
AnnexMed Logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.