Why your medical practice should outsource?
Medical billing is time-consuming. It takes a team of
people and many man-hours to create a smooth workflow. By outsourcing you have
more time for patient care and your staff can now focus on managing your
practice. If your staff is not able to focus on the billing your office could
be losing thousands of dollars in unpaid claims. Here are just a few reasons
you should outsource the complicated work to the experts.
- Fewer Rejections:
With a dedicated team to your billing, you will
experience fewer rejections and denials. We do this by ensuring clean claims
going out the first time by following extensive coding guidelines and scrubbing
claims before submission.
- Reporting:
Extensive reports provided for extra security. An
outsourced company has the resources and time to regularly supply checks and
balance reports that an office staff may not have time to create regularly.
These detailed reports allow us to spot any errors that may have been created
in your finances. This also allows you to measure the performance of your
billing company.
- Get paid quicker:
Outsourcing allows a team of people to dedicate to focus
on submitting claims, following up promptly, which allows your money to come in
quicker and more consistently. We also work directly with your office staff
to make sure all authorizations and referrals have been done to ensure that workflow
is steady and adequately done to ensure proper prompt pay.
- Patient Care:
More time for your patients to increase the quality of
care. With your office staff focused on your patients, managing the daily task,
and running your office, your patients and you get a better experience.
As a provider, you will have more time to focus on what matters to you the most,
your patient care.
- Cost-Effective
With the increasing complexity of our healthcare system,
it takes a skilled medical biller to ensure claims go out efficiently and
accurately. According to Indeed, a medical billing specialist only stays with
an organization for 1-3 years. The incurred extra expense to hire and training
someone every 1 to 3 years adds up quickly. Making outsourcing not only cost-effective but less strain and stress on your office staff having new people needing to be trained.
Let us take the burden off you! Contact us today at 832-595-1658