Outsourcing your medical billing claims to a third party
partner may be one of the smartest business moves you make in 2010.
You may have had every intention of doing your own medical
billing for your practice from the day you opened until the day you retired,
however with the never ending changes and nuances in medical billing claims
varying from cancelled codes to nonpayment of certain procedures because they
simply weren’t reported correctly – there comes a time when you need to look at
your revenue flow from your reimbursements and decide it might be time to
outsource your medical billing claims.
Another reason to outsource is the small fact that many
practices are losing up to one solid forth of their revenue due to small
inconsistencies in reporting. Medical billing codes can change, the way a
particular carrier wants their medical billing claim reported can change and Medicare
never seems to stop updating and changing their criteria for what constitutes a
fully reimbursable procedure.
Your staff can spend valuable office time researching
medical billing claims or you can outsource your medical billing and let your
staff do what they do best : service your patients and help keep your practice
running smoothly.
If you’re ready to get away from the paper chase of never
ending medical billing changes, consider outsourcing a proactive way to begin
2010.
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