Title: Medical Billing Outsourcing
1Outsourcing Medical Billing
247 Medical Billing Services Contact No. 1
888-502-0537 Email info_at_247medicalbillingservice
s.com Website www.247medicalbillingservices.com
2Medical Billing and Profit Minting Partner
- A billing process with loose ends can hurt your
medical practice. - You need thorough experts to get clean claims
the payments at the first go. - CPC Coders certified billers come at a cost
more experience more money. - HR (human resources) issues like unavailability
due to leaves, high salaries, infrastructure to
facilitate work, etc. - A billing partner takes care of almost 50 of
your costing issues as far as HR following up
on AR (account receivables) is concerned.
3Billing and Revenue Concerns for Providers
- Billing and Revenue Concerns for Providers
- Income depends on reimbursements from Payers
- Timely filing and error-free claims are mandatory
- Rejected claims need prompt rectification
resubmission - Following up with payers on phone call is a time
taking process - Patient eligibility check policy verification
check can avoid payment delays
4Billing and Revenue Concerns for Providers
- Billing and Revenue Concerns for Providers
- Income depends on reimbursements from Payers
- Timely filing and error-free claims are mandatory
- Rejected claims need prompt rectification
resubmission - Following up with payers on phone call is a time
taking process - Patient eligibility check policy verification
check can avoid payment delays
5Challenges Faced by Physicians
- These 5 points are the most crucial part of a
medical billing process the most
resource-consuming activities as well. - Healthcare reforms under the Affordable Care Act
(ACA), also known as Obamacare, make it taxing
for Providers to be abreast with the changing
regulations payment / incentive programs. - Administrative tasks like documentation,
maintaining EHR, training the staff, etc. keep
adding to the daily To-Do list of a physician. - Lesser time with patients hampers satisfaction
PQRS (physician quality reporting system) rating. - Physician burn-out rates are soaring due to poor
work - life balance.
6How can Outsourcing Help?
- Heavy cost cutting allows you to save invest in
other areas - Guaranteed increase in revenue after identifying
bottlenecks - Keeps you abreast with reforms technology. E.g.
billing software - Detailed strategic reports makes you
performance-conscious - 24/7 customer care, staff availability
designated Managers
7247 Medical Billing Services Address
Builing/Suite No- 16192, Coastal Highway, Lewes,
Delaware (DE), Country USA , 19958 Contact No.
1 888-502-0537 Email info_at_247medicalbillingser
vices.com Website www.247medicalbillingservice
s.com