Founded in 1989, Watermark Physician Services is a billing company that serves the health care industry. It has expertise in managing billing and collection activities for a variety of specialties, including for pediatrics, obstetrics, gynecology, orthopedics, occupational medicine and pathology. The company manages billing activities for the pathology departments of MacNeal Hospital and Weiss Hospital . Watermark Physician Services provides daily claims management and reconciliation and payment posting services. It also offers Medicode/Ingenix software that identifies in delayed claims. The company additionally provides bad debt reporting, coding, credential assistance, and monthly and management reporting services. Its clients maintain a dunning cycle to ensure that claims are timely processed and paid. Watermark Physician Services makes patients statements, financial analysis, cap collections, and payer mix and coding reviews.
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