Over 20 Incredible Reasons you should Be Outsourcing your Billing Right Now

A dedicated billing firm exists to help medical providers and clinics improve their financial performance. They also provide the tools and insights to achieve your business objectives. Statistically medical billing outsourcing improves your cash flow and collections and reduces the costs and headaches of employee problems. What you can expect

• Cash flow increase
• Save on the high cost of equipment and software as rapidly changing technology translates into extra expenses
• Reduce staff size and employees expenses
• Eliminate sick pay, vacation pay, insurance benefits, workers compensation, etc.
• Eliminate training costs
• Reduce call volume
• Focus on patient care instead of billing
• No cash-flow interruptions due to staff turnover
• Reduce costs
• Eliminate “non-medical” business office space
• Reduce record storage space
• Receive detailed reports
• Eliminate provider/patient payment discussion

Get Paid Faster

The struggle between payers and providers over insurance compensation continues to escalate as payers apply more resources toward reducing their reimbursements. Medical insurers benefit from not paying you promptly. It is how they manage their cash flow. Miscoding and errors cause rejected claims and delayed payments.

A solid Billing Management system includes aggressive, effective denied claims appeal. This not only increases cash flow but also lets the insurance industry know your facility is unwilling to accept denials as a routine cost of doing business.

The Managed Care trend in the health care industry has resulted in a staggering increase in the number of payer denials. The estimated number of denied claims has increased to 18% over the last ten years. Discounting this impact is not a luxury most practices can afford given cost-constrained healthcare management.

Eliminate Expenses and Struggles

• Medical biller’s salary
• Medical biller’s benefits
• Worker’s compensation
• FICA
• Healthcare insurance
• Vacation and sick leave
• Bonus, raises and gifts
• Computer hardware purchase & maintenance
• Software purchase & renewal
• Clearinghouse fees
• Postage
• Stationery
• Office Space
• Training costs