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Pt Billing Company also handle the administrative tasks associated with insurance claims and revenue cycle management. They have a comprehensive understanding of various insurance plans, including private insurance, Medicare, and Medicaid. These companies manage the entire claims process, from verifying patient eligibility and obtaining pre-authorization to submitting claims and following up on outstanding claims. By managing the administrative aspects of billing and claims, physical therapy medical billing companies save practices valuable time and resources, allowing them to focus on providing quality care to their patients.