3 Reasons to Outsource Medical Billing
17 Oct 2013 by Mark Reeves
1. Separate the health and commercial side of your practice.
Outsourcing medical billing allows practitioners and consultants to separate themselves from the commercial aspect. Thus relationships with patients are strictly medical. It allows practitioners to focus on patient care, rather than payments. This is most relevant for smaller/new practices, that don’t have the support staff they need to take care of the financial side.
2. Invoice accurately, get paid faster.
A professional medical billing company specialises in healthcare finance. They will have considerable expertise of industry processes, and be fully aware of updates and changes to guidelines and schedules. Invoicing will be accurate and efficient. You’ll receive the correct amount and get paid without delay.
3. Avoid disruptions due to secretary absence
Secretary sickness, holidays, maternity leave or resignation, can be extremely detrimental to operations. Unless you can arrange suitable cover or put contingencies in place, your practice will suffer. Cash-flow and profitability can be significantly affected if invoicing and accounting procedures are neglected.