24/7 Medical Billing ServicesContact-24/7 Medical Billing Services16192 Coastal Hwy,Lewes, D ! 199"#$S%&'one( )1 ###*"+2*+",7 -e.site ( 'tt/(//www02471edical.illingservices0co1 1ail( in2o32471edical.illingservices0co1Medical practices are taking resort to outsourced medical billing services in the current wake of healthcare reforms and payment fee schedule 2015.Although outsourcing is a benefcial option, it actually depends on the practices health, size, performance and revenue cycle management (RCM! "or many practices it might be #ise to retain their billing in-house!Nevertheless, those who choose a billing partner eperience the following bene!ts"4al5e 2or Money$utsourcing the billing process is defnitely a lot cheaper than having an in-house team do it! %he reasons include cost cutting on infrastructure, e&uipments, soft#are, salaries for sta', hiring certifed coders, availability and more! 6i1eliness in 7iling Clai1s(hysicians dont have to #orry about punctuality of their sta', fling claims on time because the billing vendor ma)es sure all the claims are fled #ithin *+ to ,* hours depending on the specialty and availability of the superbills!#$N$%&'(-8o5nd t'e Cloc9 %vaila.ility(ractices have access to customer services *+.,! $nline records and detailed reports ma)e it easier for physicians to plan the course of action for altering the RCM to generate more revenue!S/ecialist Coders 2or Medical S/ecialty/iring certifed coders has become costlier than before because of 0C1-23! 4pecialists provide complete 1edical .illing o5tso5rcing servicesto medical providers!#$N$%&'("7ollow 5/ wit' &ayersRe5ection of claims is a common a'air and #or)ing on the same claims ta)es a bac)seat due to the 6urry of fresh claims but #or)ing on it is e&ually important because aging AR is not healthy for the fnancial health of medical practices!:ncrease in Collections4tatistics indicate that collections remain stagnant if they aging AR is left unattended!)*N)+,(&*N-%he reasons mentioned herein are the topmost benefts of hiring a billing partner! 7illing partners #or) #ith di'erent insurers and thus )no# the trend of #hat leads to more collections! %hey have a team of e8perts 5ust to analyze #hat )ind of claims to fle frst and ho# to go about #or)ing on the re5ections to get reimbursed at frst go for the follo#ing claims! 4o, if your practice is lac)ing these factors you can thin) of outsourcing your billing process to stabilize and increase the collections!%/A9: ;$