7 Advantages of Outsourcing Your Medical Billing

Joy B. Hicks, CPM, has worked in the healthcare industry since 2001, in medical billing, collections, and patient accounting. Her number one goal is to create a positive impression of the healthcare industry by promoting quality customer service.  As a medical office expert, Joy evaluates and analyzes opportunities for improvement within the medical office in order to provide proven strategies that improve work efficiency, increase revenue, and provides staff education and training, among other things. Her article, posted on http://medicaloffice.about.com/, explains why medical billing can be a demanding and challenging task for small medical practices. For this reason, many physicians or practice managers make the choice to outsource their medical office billing to a professional medical billing company. There are many benefits of outsourcing medical billing services. It saves time and money and eliminates the burden of concentrating on too many aspects of the medical office.  The top 7 are:

  1. More Focus on Patients
  2. Reduces Billing Errors
  3. Saves Money
  4. Improves Cashflow
  5. Improves Patient Satisfaction
  6. Ensures Billing Compliance
  7. Increases Revenue

With so many changes impacting physicians and revenue cycle management today, a partnership with a qualified, ICD-10 compliant Revenue Cycle Management partner may be the solution to many of the issues practitioners are experiencing today.  Contact MDeverywhere for a no-obligation ROI to calculate the operational savings and expected revenue increase a partnershp with MDeverywhere can deliver.  Our hybrid approach to practice management and revenue cycle management typically return a 10-15% increase in collections. Read Ms. Hicks' full article on the 7 Advantages of Outsourcing Your Medical Billing Here: http://medicaloffice.about.com/od/medicalbilling/tp/7-Advantages-Of-Outsourcing-Your-Medical-Billing.htm


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