Physician Billing Services: 6 Reasons It’s A Good Idea
Join 1000's of Authors at StreetArticles Today!

Physician Billing Services: 6 Reasons It’s A Good Idea

Medical billing can be a time-consuming and demanding task for small medical offices. Many times physicians or office managers chose to outsource their billing to a physician billing service. Outsourcing your billing offers many advantages. It saves time and money and lets your office personnel focus on health-care.

Before you outsource your medical billing you should consider all of the advantages. Deciding on whether to keep the billing in-house or outsourcing it to a third party is a major decision and could affect your business for years.

1. Focus on care

Smaller physician offices or groups cannot afford a large medical office staff and many of the jobs get shared around. By taking the billing responsibilities away from your staff, they can concentrate on providing quality care to your patients.

2. Error prevention or reduction

Since physician billing services specialize in medical billing their responsibility includes training their staff to correctly submit claims. This training and experience will reduce the amount of rejected claims because of clerical errors.

3. Cash Flow

By using a medical billing service, you no longer have to worry about that does the billing when your employee goes on vacation, needs a day off or calls in sick. Delays or interruptions in billing can cause slow payments and prevents a steady flow of income from properly billed customers.

4. Saving Money

Outsourcing your billing makes it possible to save a lot of money on salaries and benefits. Most medical outsourcing companies charge a flat rate per claim or a percentage of the bill. Both of these methods are much less expensive than hiring billing staff for your office.

5. Regulation compliance

There have been many changes recently in the laws governing medical billing and insurance, keeping up with the changes in Medicare, Medicaid and Insurance regulations can be challenging. In a small office these changes can mean the difference between acceptance of a claim and rejection, with the subsequent loss of money and time. Billing services must stay current with the changes in laws and regulations to ensure they are compliant and submitting appropriate claims.

6. Increases Patient Satisfaction

By outsourcing your medical billing you can focus your staff’s attention on customer service. Instead of working on billing while handling your patients, your receptionist, for example, can be focused on greeting patients, answering the phone and maintaining a steady stream of patients to their appointments. Reducing the burdens on your staff by using a medical billing service can improve efficiency, productivity and morale. It will improve your customer’s satisfaction by giving them consistent and courteous assistance.

Although there are many more reasons to look into physician billing service, these six would be enough to convince most doctors or office managers of the attractiveness of the service. Simplifying your working environment, reducing overhead and focusing staff attention on health care and not on billing problems should be your ultimate goal when it comes to deciding on whether to outsource your billing.


Street Talk

No comments present
You May Also Like
Manage The Finances Smoothly With Payroll Services Outsourcing
Summary: If you have never thought of getting Payroll Services Outsourcing, it is a good time to give it a try. You and your business will reap lots of benefits from it. The employees of your company that receive monthly salaries and other benefits come under the payroll of your…
By: jessicaevie in  Business  >  Outsourcing   May 28, 2016  
0
  Likes: 0

Financial Planning & Analysis Outsourcing Services Can Pave The Way For Success
Summary: Without proper financial planning, no business can move in the right track. Therefore, it is a good idea to go for Financial Planning & Analysis Outsourcing Services. Every business has to make efforts in surviving the competition market by maximizing the flow of income. Hence, a great deal of…
By: jessicaevie in  Business  >  Outsourcing   May 28, 2016  
0
  Likes: 0

Why Choose Steam Cleaning Machines for Commercial Restroom Cleaning
It is a known fact, especially from personal experience, that the majority of us will not go back to a restaurant or other facility if the restrooms were unsanitary and dirty. A property owner never wants to give off this impression to its patrons, which is why it is so…
By: Sarahbeth in  Business  >  Outsourcing   Apr 27, 2016  
0
  Likes: 0

5 Different Ways to Get Positive Reviews From Your Customers In A Call Centre Industry
If you are in a business long enough then the bad reviews are inevitable. Somewhere along the line your business would not succeed in making each and every customer happy and these are the ones who would voice their displeasure to the entire world. And while you can’t stop this…
By: Abhishek Jain1 in  Business  >  Outsourcing   Apr 13, 2016  
0
  Likes: 1

Why You Should Be Outsourcing Lead Generation?
Getting right business lead is one of the toughest elements of the sales funnel. Sure, closing the deal is challenging – but your bottom line relies on finding quality potential clients after you’ve exhausted your existing business network. You have no other option than to look for more sales leads.…
By: Cody McLain in  Business  >  Outsourcing   Apr 01, 2016  
0
  Likes: 0

What You'll Be Able to Expect From A Website Redesign Project?
A well-executed website redesign will have a positive impact on a company’s whole and bottom line. However, undertaking a website redesign could be a terribly concerned project and takes up considerable investment and time from you, your team and your digital agency. As with any promoting investment, you should check…
By: dhviti in  Business  >  Outsourcing   Mar 31, 2016  
0
  Likes: 0

Top 5 Myths About Nearshore Software Developers
There are many advantages in using nearshore software developers. However,there are some myths and misconceptions that need to change to have opportunities for your business. Some of these concerns focus on communication between the teams, cultural and time zone differences. The reality is that nearshore outsourcing can be a viable…
By: William Carter in  Business  >  Outsourcing   Mar 16, 2016  
0
  Likes: 0

Bank Related Information
There are many alternative reasons why students nowadays ought to learn a lot of concerning international business. First, virtually any giant organization you're employed for can have international operations or be littered with world economy. You need to know this more and more vital space so as to raised asses…
By: saimalopa in  Business  >  Outsourcing   Mar 08, 2016  
0
  Likes: 0

Black & White - hat SEO Tactics Successful Marketers Do And Not Do
Search engine optimization (SEO) is the current big thing on the World Wide Web. It gives sites the chance to rank high on search results and build a lasting presence online. Sadly, many digital marketers resort to dirty tactics to get what they want. They use illegal or black-hat SEO…
By: outsourcephil in  Business  >  Outsourcing   Mar 04, 2016  
0
  Likes: 0

How Outsourcing Helps Small Businesses Outdo Rivals
Small firms need flawless digital marketing strategies to overtake bigger rivals. If you own or just planning to have a business, outsourcing your digital marketing needs may be the best choice. Though it has its own pitfalls, the following benefits are more significant: Seasoned Experts. Outsourcing will connect you to…
By: outsourcephil in  Business  >  Outsourcing   Mar 04, 2016  
0
  Likes: 0

Is Your Software Outsourcing Strategy Really Saving You Money?
The driving force for most outsourcing decisions is cost reduction. The first impulse is to go to offshore locations on distant continents that are known for low operating costs and inexpensive labor. After all, today it is just as easy to send files and emails around the world as it…
By: William Carter in  Business  >  Outsourcing   Feb 25, 2016  
0
  Likes: 0

Michelin’s “move Around” Program May Not Be Good for All
Your employees will leave your company if they feel bored, stuck, and unappreciated—that is a hard fact. Most companies—if not all—try to come up with different strategies or gimmicks to make their employees stay. Bonuses, company events, and educational support are a few of these things. But Michelin, a company…
By: Philemon Onesias in  Business  >  Outsourcing   Feb 11, 2016  
0
  Likes: 0

Eight Reasons Why Your SEO Strategies Aren’t Working
Are you paying for expensive search engine optimization services and still not getting positive results? Discover the culprits behind your stalled success by going over this list: 1. You use a subdomain instead of a subdirectory structure. Search engines treat pages that are under the subdomain structure as a separate…
By: outsourcephil in  Business  >  Outsourcing   Feb 11, 2016  
0
  Likes: 0

Outsourcing: Know the Best Deal for Your Business’ Success
Unlike popular belief, outsourcing is not as easy as one, two, three. There are a lot of things to take into consideration and many questions that need to be answered first, before a business take this big leap. Let’s answer the 5 biggest “W” questions when it comes to hiring…
By: outsourcephil in  Business  >  Outsourcing   Mar 13, 2015  
0
  Likes: 0

Design Outsourcing And Tips In Choosing the Best Partner
Many outsourcing companies today have been adding design solutions into their list of offerings. They see them as a well-paid service as many businesses look for professional designers who can do projects for them. If you are the business owner, what design outsourcing firm will you get? How will you…
By: outsourcephil in  Business  >  Outsourcing   Sep 30, 2014  
0
  Likes: 0

Article Views: 968    Report this Article