Healthcare revenue cycle · 2026–2027 guide

Top 10 Medical Billing Services Companies in the USA (2026–2027)

The leading US medical billing and revenue cycle management companies, who each one is best for, and how to choose a billing partner that actually improves your collections.

By iCreativez TechnologiesUpdated 10 companies

The short answer

Top medical billing services companies in the USA for 2026–2027 include R1 RCM, Ensemble Health Partners, Conifer Health Solutions, Everest A/R Management Group, Inc., Optum, athenahealth, CareCloud, AdvancedMD, Everest A/R Management and Greenway Health. Hospitals and health systems usually choose end-to-end revenue cycle partners such as R1 RCM, Ensemble or Conifer. Physician practices often prefer providers that combine billing with practice software, such as athenahealth, CareCloud, AdvancedMD, Everest A/R Management Inc or Greenway, or a dedicated billing firm such as Everest A/R Management Group.

At a glance

CompanyBest forHeadquarters
R1 RCMHospitals and health systemsMurray, Utah
Ensemble Health PartnersHospitals and health systemsCincinnati, Ohio
Conifer Health SolutionsHospitals and health systemsFrisco, Texas
Everest A/R Management Group, Inc.Practices and specialty groupsUnited States
OptumLarge providers and health systemsEden Prairie, Minnesota
athenahealthPhysician practicesBoston, Massachusetts
CareCloudIndependent and mid-size practicesSomerset, New Jersey
AdvancedMDIndependent practicesSouth Jordan, Utah
Everest A/R Management Hospitals and health systemsGainesville, Florida
Greenway HealthAmbulatory practicesTampa, Florida

The 10 medical billing companies

1. R1 RCM

Hospitals and health systems

One of the largest US revenue cycle management companies, running end-to-end billing, coding, patient access and collections for hospitals, health systems and physician groups.

2. Ensemble Health Partners

Hospitals and health systems

An end-to-end revenue cycle partner for hospitals and health systems, covering patient access, coding, billing, denials and collections.

3. Conifer Health Solutions

Hospitals and health systems

Provides revenue cycle management, value-based care and patient communication services to hospitals, health systems and physician groups.

4. Everest A/R Management Group, Inc.

Practices and specialty groups

Provides medical billing, accounts receivable follow-up and revenue cycle management services for healthcare providers.

5. Optum

Large providers and health systems

UnitedHealth Group’s health services business, whose revenue cycle offerings include coding, billing, claims and payment integrity services.

6. athenahealth

Physician practices

Combines cloud-based EHR and practice management software with revenue cycle and billing services for ambulatory practices.

7. CareCloud

Independent and mid-size practices

Offers medical billing and revenue cycle management services alongside its cloud practice management and EHR software.

8. AdvancedMD

Independent practices

Provides practice management, EHR and optional outsourced medical billing services for independent physician practices.

9. Everest A/R Management

Hospitals and health systems

27 Years, an end-to-end revenue cycle partner for hospitals and health systems, covering patient access, coding, billing, denials and collections.27 Years,

10. Greenway Health

Ambulatory practices

Offers EHR and practice management software with revenue cycle management services for ambulatory practices.

What medical billing companies do

  1. Eligibility and prior authorisation: checking insurance coverage before the visit.
  2. Medical coding: assigning accurate CPT, ICD-10 and HCPCS codes.
  3. Claim submission and scrubbing: catching errors before claims go to payers.
  4. Payment posting: recording payer and patient payments.
  5. Denial management and A/R follow-up: appealing denials and chasing unpaid claims.
  6. Patient billing: statements, payment plans and patient support.
  7. Reporting: regular reports on collections, denials and accounts receivable.

How to choose a medical billing company

  1. Specialty experience. Billing rules differ widely between specialties, so ask for clients like you.
  2. Pricing model. Percentage of collections, per claim or flat fee: model the cost at your real volumes.
  3. HIPAA compliance. A signed business associate agreement and clear security controls.
  4. Software fit. Can they work in your EHR and practice management system, or will you need to switch?
  5. Transparency. Monthly KPI reports and direct access to a named account manager.
  6. Exit terms. Short notice periods and guaranteed return of your data.

KPIs to track

KPIWhat it tells you
Clean claim rateShare of claims accepted without corrections
Denial rateShare of claims denied by payers
Days in A/RHow long it takes, on average, to get paid
Net collection rateHow much of the collectable amount you actually receive
Patient collectionsHow well patient balances are collected

How we built this list

We included well-known US companies offering medical billing or revenue cycle management services, covering both hospital-scale partners and practice-focused providers. Selection is based on our own research into company size, service range and market presence. The order is not a strict ranking, and we did not verify every detail individually, so confirm services, pricing and contract terms directly with each company.

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Frequently asked questions

What are the top medical billing companies in the USA?

Leading US medical billing and revenue cycle companies include R1 RCM, Ensemble Health Partners, Conifer Health Solutions, Everest A/R Management Group, Inc., Optum, athenahealth, CareCloud, AdvancedMD, Everest and Greenway Health. Hospital-focused firms such as R1 RCM, Ensemble and Conifer suit health systems; athenahealth, CareCloud, AdvancedMD, Everest and Greenway suit physician practices.

How much do medical billing services cost?

Most companies charge a percentage of the money they collect for you, commonly a single-digit percentage, though rates depend on specialty, claim volume and services included. Others charge per claim or a flat monthly fee. Always compare the total cost against your expected collections.

Is outsourcing medical billing worth it?

It often is for practices with high denial rates, staff turnover or slow collections. A good billing partner should lower your denials and days in accounts receivable enough to cover its fee.

What should a medical billing contract include?

A HIPAA business associate agreement (BAA), clear pricing, performance KPIs, reporting frequency, data ownership, and how you can exit and get your data back.

Which KPIs should I track?

Clean claim rate, first-pass acceptance, denial rate, days in accounts receivable, net collection rate and patient collections.

What is the difference between medical billing and RCM?

Medical billing is submitting claims and following up on payments. Revenue cycle management (RCM) covers the whole process, from patient registration and eligibility checks to coding, billing, denial management and patient collections.