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Weigh the
benefits. Outsourcing your
medical billing can save your
practice valuable time, money, and unnecessary
stress. Below you'll find just a few reasons why every
practice should at least consider it.
SPECIALIZATION IN THE MEDICAL BILLING FIELD
SAME DAY CLAIM PROCESSING THROUGH A CLEARINGHOUSE
ENJOY IMPROVED REIMBURSEMENT
LESS ADMINISTRATIVE BURDEN FOR PHYSICIANS AND STAFF
INCREASE IN CASH FLOW
RECEIVE DETAILED STATISTICAL REPORTS AND TRACK
OUTSTANDING CLAIMS, DENIALS, ACCOUNTS RECEIVABLE,
BAD DEBT, ETC.
REDUCE YOUR OFFICE OVERHEAD
A WORD ABOUT OFFICE OVERHEAD
Every business
has to be conscious of their overhead. It's a simple
truth. Outside sales, nothing will bring a company to
its knees faster than a poorly managed labor/overhead ratio.
Nowhere
is this task more daunting than in a medical provider's
practice. With office staff often outnumbering
practicing physicians by an average ratio of three to one,
"daunting" doesn't quite convey the enormity of the
problem. The importance of overhead management in a
medical practice is severe. Critical.
Outsourcing
your practice's medical billing is probably the easiest way to
cut down that overhead in your office. Not only will you
be eliminating endless staff hours usually spent making phone
collections, entering billing data, fighting appeals, etc.,
you'll also see a dramatic decrease in paperwork.
You
will also erase
most expenses related to staff turnover, which can cause
interruption to your practice's cash flow. Training new
staff members to handle something as vital as your medical
billing can be costly, if not frustrating, when done every few
years.
Software
cost is another expense to consider. The continued
support and upgrade fees incurred with most medical office
software has gotten out of hand. HIPAA compliance
requirement upgrades. Clearinghouse fees. IT
support calls. Software installation. With our
nominal service fees, which include all software costs,
including upgrades and customer support, the cost burden is
solely ours. When you consider that the software we use
is also web-based, you also won't experience any downtime in
your office due to conventional upgrades installed directly to
your machines. Everything is taken care of while you
sleep, including upgrades and server patches, with 100% uptime
during business hours. Absolutely.
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