subject: Outsourcing Medical Billing at Cost-Effective Rates [print this page] Outsourcing Medical Billing at Cost-Effective Rates
In view of the increased demand for medical billing, several recognized outsourcing companies provide efficient services in medical billing at cost-effective rates. These services enable healthcare experts to submit their medical bills and insurance claims accurately and in a timely manner.
Accuracy in Medical Bills and Claims
To deliver outstanding medical billing solutions, outsourcing firms are equipped with a panel of experts including medical billing specialists, coders, accountants, auditors, quality analysts and others. Using advanced medical billing software, they process and submit medical bills and claims with great accuracy. The services provided include:
Patient demographic entry
Insurance enrollment
Charge entry
Insurance verification
Billing and reconciling of accounts
Payment posting
Insurance authorization
Medical coding
Scheduling and rescheduling
Account receivable follow-ups and collections
Focus on Core Competencies
By outsourcing their medical billing tasks, medical facilities can reduce a massive amount paper work in their offices. These services save the time and effort that healthcare professionals would need to do the job on their own. This lets them concentrate on their core competencies. Moreover, they can also reduce the expenses required for maintaining an additional workforce to do the billing tasks inside their facility. Outsourcing medical billing also offers like:
Greater quality assurance
Excellent data security and confidentiality
HIPAA compliance
Ensures maximum reimbursements
Regular feedbacks and reports
Precise solutions in rapid turnaround time
24/7 technical support
Cost-Effective Rates Medical Billing Services
When planning to outsource their medical billing jobs, healthcare facilities should ensure that they go in for the services of established medical billing outsourcing service providers. Experienced providers can offer reliable solutions at cost-effective rates.
