Medical Billing Outsourcing - PowerPoint PPT Presentation

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Medical Billing Outsourcing

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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

Number of Views:22
Updated: 26 October 2015
Slides: 6
Provided by: medical_billing
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Title: Medical Billing Outsourcing


1
24/7 Medical Billing Services
  • Contact-
  • 24/7 Medical Billing Services
  • 16192 Coastal Hwy,
  • Lewes, DE 19958
  • USA
  • Phone 1 888-502-0537
  • Website www.247medicalbillingservices.com
  • Email info_at_247medicalbillingservices.com

2
Medical billing outsourcing will increase revenue
  • Medical billing outsourcing and revenue
    collections run parallel. Consider the comparison
    between the two on different aspects as follows
  • Every follow up call for reimbursement to the
    insurance company takes about 15 minutes. Does
    you in-house billing staff have time for
    following up on pending account receivables (AR)?
  • What is the average AR days for every specialty
    your multi-specialty clinic? An outsourced team
    has specialty specific teams to code and file
    claims.

3
Medical billing outsourcing will increase revenue
  • How often do you train your staff for upgrading
    their knowledge and retain them? Multitasking
    care services with administrative tasks like
    these can be quite taxing and you might end up
    compromising on either front.
  • Do you have a constant patient influx? Does staff
    attrition leave you high and dry? Well, if the
    answers to these are a yes then you should
    consider outsourcing medical billing because they
    strive to stay updated on technology as well as
    with the healthcare reforms and developments like
    ICD-10.
  • Outsourcing the billing process is definitely a
    lot cheaper than having an in-house team do it.
    The reasons include cost cutting on
    infrastructure, equipments, software, salaries
    for staff, hiring certified coders, availability
    and more.

4
Medical billing outsourcing will increase revenue
  • Physicians dont have to worry about punctuality
    of their staff, filing claims on time because the
    billing vendor makes sure all the claims are
    filed within 24 to 72 hours depending on the
    specialty and availability of the superbills.
  • Statistics indicate that collections remain
    stagnant if they aging AR is left unattended.
    Timely submission of claims, working on the
    rejections immediately, following up with the
    payers and initiating the appeals process all
    these ultimately lead to increase in cash inflow.
  • Practices have access to customer services 24/7.
    Online records and detailed reports make it
    easier for physicians to plan the course of
    action for altering the RCM to generate more
    revenue.

5
Thank you.
  • Get in touch with us
  • Phone 1 888-502-0537
  • Website www.247medicalbillingservices.com
  • Email info_at_247medicalbillingservices.com
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