Medical Billing Services -Maximize Profitability At Reduced Costs - PowerPoint PPT Presentation

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Medical Billing Services -Maximize Profitability At Reduced Costs

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Are you looking to outsource medical billing services? Read Through & Know How to Maximize Profitability at Reduced Costs Increase the collections process. – PowerPoint PPT presentation

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Title: Medical Billing Services -Maximize Profitability At Reduced Costs


1
Medical Billing Services -Maximize Profitability
At Reduced Costs
2
INTRODUCTION
  • According to a recent study, in-house teams who
    perform medical billing need an average of 53.5
    hours of training, which costs 3000. Doesnt it
    sound like an insane cost burning a hole in your
    pockets? To add to the burdening costs, a single
    doctors training will set you back 1540. That
    is a staggering sum for healthcare companies,
    which will need to reduce expenses to continue
    operating profitably in the current healthcare
    market.
  • Outsourcing this task to a reputable Medical
    Billing and Coding Company such as Medisys Data
    Solutions is one approach to prevent income loss.
    Our billing specialists are masters at making
    sure that our clients medical practices are paid
    accurately and in time. Additionally, we optimize
    processes to increase revenue and raise a
    practices chances of long-term success.

https//www.medisysdata.com/services/m
edical-billing-services
3
Healthcare Billing Services
  • Lets glance through a myriad range of reasons
    as to how medical billing services can help you
    maximize profitability, reduce costs and
    skyrocket your profits.
  • 1. Scalability to Support Ongoing Growth
  • 2. Being unaware of revenue cycle data is causing
    practices to wear
  • 3. Reports On Medical Billing For Revenue
    Performance Analysis
  • 4. Cost cutting
  • 5. Accelerating performance

https//www.medisysdata.com/services/medical-billi
ng-services
4
Implementing The Best Practises
  • To keep track of your follow-up promises, try
    implementing the following best practises
  • Make a list of action codes that are well
    defined. Teach your team how to use these codes
    according to protocol.
  • Based on the type of follow-up activity, assign
    each code to a standard next follow-up promise
    date.
  • Give the collectors some leeway to change the
    date, but no more than a week in advance.
  • When creating the matrix for codes and their
    standard time periods, take into account the
    typical amount of time required by various payers
    to execute a specific type of follow-up request.

https//www.medisysdata.com/services/medical-billi
ng-services
5
There is more to come, so why settle?
  • Both medical and business knowledge are necessary
    for operating a medical practice.
  • It makes sense for healthcare practitioners to
    collaborate with experts who comprehend the
    commercial side of managing a practice.
  • Practitioners may actually offer their patients
    the highest caliber care by uniting the two
    areas, and their businesses can look forward to a
    bright future.

https//www.medisysdata.com/services/medical-billi
ng-services
6
Conclusions
  • Our dedication to regulation compliance and
    top-notch customer service is unmatched in the
  • sector.
  • With a 99 client retention record, our team at
    Medisys Data Solutions takes great pride in
    providing the best service in the business.
  • By decreasing unnecessary effort, improving
    performance,
  • and receiving payments more quickly, medical
    billing systems will change the way your medical
    billing system works
  • for good.

https//www.medisysdata.com/services/medical-billi
ng-services
7
About Us
  • Medisys Data Solutions is a leading medical
    billing company providing complete assistance in
    medical billing and coding. We can assist you in
    receiving accurate insurance reimbursement from
    private and government payers. With our services
    like benefits verification and credentialing
    enrollment, you can add more providers in your
    practice. To know more about our specialty
    specific medical billing and coding services,
    contact us at info_at_medisysdata.com/ 302-261-9187.
  • GET IN TOUCH
  • 302-261-9187
  • Address
  • Medisys Data Solutions Inc.
  • 8 The Green STE A, Dover, Delaware 19901,USA
  • Email info_at_medisysdata.com

8
Thanks
  • Do you have any questions?
  • info_at_medisysdata.com
  • 302-261-9187
  • medisysdata.com
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