Outsourcing Can Solve Your Staffing Challenges

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Outsourcing Can Solve Your Staffing
Challenges
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Outsourcing Can Solve Your Staffing Challenges
Skilled Manpower Shortage According to a recent
survey by AKASA, more than 57 percent of
healthcare practices and hospitals have more than
100 open roles to fill, with one in four finance
leaders needing to hire more than 20-plus
employees to fully staff their revenue cycle
departments. Whether its small practices owners
or large healthcare organization, all of them are
facing staffing challenges. Outsourcing your
medical billing and coding operations to a
revenue cycle company like Medisys Data Solutions
can solve lot of staffing problems. For
healthcare organizations, its not only manpower
shortage but retaining skilled manpower and
training them takes this challenge to next level.
To tackle this challenge healthcare financial
leaders should shift their mindsets and think
about medical billing vendors as their partners
in growth. Outsourcing Can Solve Your Staffing
Challenges Outsourcing your medical billing
operations not only solves your staffing
challenges but also offer lots of other benefits,
some of them are listed below Availability of
Skilled Manpower To receive accurate insurance
reimbursements, you need medical speciality
specific billers and coders. Every payer has
unique set of billing guidelines and
reimbursement policies, you will need skilled
manpower to understands these guidelines and can
bill accordingly. Medical billing companies like
Medisys has skilled manpower as per your medical
speciality. They will code accurately and will
ensure correct use of modifiers where ever
applicable.
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Outsourcing Can Solve Your Staffing Challenges
No Need to Hire Full Time Employees When you
outsource your billing operations, you dont have
to hire billing and coding experts as full-time
employees. Billing companies provide you
flexibility of adjusting your workload. Whenever
you need assistance in specific function of
medical billing, they will provide expert
accordingly. This is true when you need to add
new providers to your practice and need
credentialing enrollment expert in your team.
When newly added providers got credentialed with
number of payers, billing company will assign
their credentialing experts to other clients. No
Need to Provide Employment Benefits With
outsourcing, as you are not hiring full time
employees, you dont have to worry about
providing employment benefits. When your hire a
full-time employee, you have to bear their
full-time compensation, insurance, training costs
irrespective of your monthly practice
collections. Medical billing companies like
Medisys offers you flexible manpower options
where you can hire their experts as Full Time
Employees (FTEs) or pay on percentage basis on
monthly collections. In any case with
outsourcing, you wont be paying for employment
benefits. Get Assistance from Experts Providers
are busy in patient care so it may not be
possible for them to keep track of changed
billing guidelines. We have observed this during
COVID-19 pandemic, where billing guidelines were
constantly updated. Experts from medical billing
companies are dedicatedly working on billing
operations only, so its easy for them to keep
track of these billing updates and its
implementation.
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Outsourcing Can Solve Your Staffing Challenges
Provider may not be able to dedicate that amount
of time to understand billing updates. Experts
from these billing companies also share industry
insights, helping you to understand what other
providers are facing reimbursement
challenges. Avoid Wrong Billing
Practices Sometimes practice owners tries to do
medical billing and coding on their own. While
doing that they tend to use few procedure codes
and bill their patients without understanding of
billing guidelines. We observed wrong procedures
like incorrect use of modifiers, upcoding,
incomplete documentation, and lack of medical
necessity. Such wrong billing practices could be
considered as fraud billing and might attract
external payer audit also. 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 speciality
specific medical billing and coding services,
contact us at info_at_medisysdata.com/ 302-261-9187.
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