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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. Practices have access to customer services 24/7. Online records and detailed reports make it easier for physicians to plan the course of action for altering the RCM to generate more revenue.
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24/7 Medical Billing Services
Contact-24/7 Medical Billing Services16192 Coastal Hwy,Lewes, DE – 19958USAPhone: +1 888-502-0537
Website : www.247medicalbillingservices.comEmail: [email protected]
CAN 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 Physician’s Worries
The common thoughts that plague a physician regarding outsourcing medical billing are the following:
Thoughts 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 What if the vendor has outdated software?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.
Busting 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. We’ll 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 aren’t in trouble in future.
Busting Medical Billing Outsourcing Myths
Cost cutting is not possible because I’ll 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 don’t have to worry about training the staff for keeping them updated on the regulation changes.
Thank You….
Contact for free consultation:Phone: +1 888-502-0537 Website :
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