Medical Billing Outsourcing - PowerPoint PPT Presentation

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Medical Billing Outsourcing

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5.99% Clean claims submitted within 24 - 48 hours. Prompt outsourced medical billing services with transparent charges and 24/7 availability for your healthcare facility. Guaranteed AR conversion. Visit 247MedicalBillingServices.com for detailed services. – PowerPoint PPT presentation

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Title: Medical Billing Outsourcing


1
Outsourcing Medical Billing
247 Medical Billing Services Contact No. 1
888-502-0537 Email info_at_247medicalbillingservice
s.com Website www.247medicalbillingservices.com
2
Medical 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.

3
Billing 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

4
Billing 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

5
Challenges 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.

6
How 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

7
247 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
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