Title: medical billing outsourcing solutions
124/7 Medical Billing Services
- Contact-
- 24/7 Medical Billing Services
- 16192 Coastal Hwy,
- Lewes, DE 19958
- USA
- Phone 1 888-502-0537
- Website www.247medicalbillingservices.com
- Email info_at_247medicalbillingservices.com
2CAN OUTSOURCING BE A SOLUTION TO REV UP RCM?
- Increasing healthcare reforms and lack of
skilled medical back-end staff like billers and
coders are giving the physicians a tough time to
maintain their revenue. Even though scores of
medical practices in the US are trying out
outsourcing their medical billing many physicians
are still skeptical about adopting this
unconventional method. - A Physicians Worries
- The common thoughts that plague a physician
regarding outsourcing medical billing are the
following
3Thoughts that plague a physician
- I will lose control over my revenue and will
become dependent on the billing vendor. - It will cost me a bomb and I cannot control the
expenses because the work quality and my billing
process would be at stake. - I will not be able to access the data and reports
whenever I need to. - I am afraid of violating HIPAA guidelines.
- What if the vendor has outdated software? I will
either have to finance them or invest on it
in-house for being on the same page.
4Busting Medical Billing Outsourcing Myths
- There are quite a few myths surrounding the
outsourcing process which keep the doctors
skeptical and carry on with a stagnant in-house
billing process. Well explore the most common
myths in the following - Losing control over the process and revenue
collections tops the list. - A billing vendor is bound to provide you
detailed reports of the claims processes, update
the payment status immediately and be available
for communication at any point of time. Usually,
the billing partner shares these data online in
an encrypted and secured way with the physicians
following the HIPAA guidelines strictly. You
should confirm the same when finalizing a vendor
to ensure you arent in trouble in future.
5Busting Medical Billing Outsourcing Myths
- Cost cutting is not possible because Ill have
to share from my entire earnings. - It is true that an outsourced billing
partner will in all probability know how much you
earn from the superbills you share but it is not
true that the charges of their services be higher
than an in-house team. You save on salaries,
renting / buying an office big enough to
accommodate the backend departments. Besides
that, you dont have to worry about training the
staff for keeping them updated on the regulation
changes.
6Thank You.
- Contact for free consultation
- Phone 1 888-502-0537
- Website www.247medicalbillingservices.com
- Email info_at_247medicalbillingservices.com