subject: Choosing the Right Medical Billing Service for your Practice [print this page] Outsourcing their billing tasks helps medical practices reduce voluminous paperwork, as well as the expenses involved in managing an additional workforce and infrastructure to do the process in-house. Choosing the right medical billing service provider is important, considering the fact that you need medical billing solutions to suit the specific needs of your medical practice.
Facilitating Prompt Submission of Medical Bills
Medical billing is a lengthy, time-consuming procedure that needs to be done with great accuracy. In fact, any flaws in processed medical bills or claims would lead to denials and rejections. Choosing the right medical billing service enables you to submit error-free medical bills and insurance claims promptly, which definitely goes a long way in maximizing the revenue of your practice. Further, these services considerably lessen your managerial responsibilities and help you concentrate on your core competencies, especially providing high quality medical care for your patients. Outsourcing your medical billing tasks to a reliable outsourcing company ensure an array of benefits including:
Secured file transfer in 256 bit encrypted forms as email or FTP
Excellent quality assurance
HIPAA compliance
Status reports on daily, weekly and monthly basis
Minimum turnaround time
24/7 technical assistance and customer support
Customized Medical Billing Solutions
Established medical outsourcing companies have skilled experts and advanced technologies working to deliver customized medical billing solutions. With excellent know-how in the latest medical billing and claim processing rules, and the use of medical billing software such as Lytec, NextGen, Medical Manager, Misys and more, these professionals process bills and claims accurately and quickly. Important services covered in medical billing include:
Patient enrollment
Insurance verification
Scheduling and rescheduling
Insurance authorization
Billing and reconciling of accounts
Medical coding
Payment posting
AR collections
Before outsourcing the medical billing jobs of your practice, it is advisable to first search online and get information on reliable service providers, core services offered and pricing. This will help you to choose the right medical billing service which guarantees consistent solutions in rapid turnaround time at affordable rates.
Choosing the Right Medical Billing Service for your Practice
