Outsourcing has become the preferred method of billing for some medical offices.
It reduces errors and frees up the clinic to focus more on its patients.
Outsourcing has become popular in many different areas of business.
In-house staff need space that costs money, training that costs money, benefits that cost money, and software that is expensive to acquire and maintain.
Outsourcing billing in a medical office can actually help the office earn more income faster because billing and coding is one of the most difficult parts of getting insurance to pay medical claims.
Outsourcing billing to a qualified company can reduce errors and free time for medical office staff to focus on their jobs, helping their patients get the treatment they need to feel better and manage their illness.
If a bill submitted to an insurance company has the wrong codes on it for payment claims, the insurance company doesn't have to pay the claim.
While insurance companies negotiate the amounts and percentages of a bill they will pay, the denial of payment on incorrectly coded bills can make the billing process stretch out for months longer than it would otherwise.
HIPPA compliance adds another layer of complexity to traditional medical in-office billing.
An office handling outsourced billing can normally handle a wide variety of office tasks including bill tracking, payment negotiation, and bill collection.
Outsourcing the billing aspect of a medical clinic can save the clinic time and money, and enable them to give more focus to their patient's needs.