For any practice deciding whether or not to outsource medical billing can be a difficult decision. However there are ways to decide and I am sure a lot of online blogs or quora discussion would have given their views.
I am going to take this to a different lane lets see why not to outsource.
Having Control: You can always keep the work in control with your in house staff and with time you will be having a billing manager and a team who will work for you.
Nearby Solutions : You will just need to walk by the next desk to check on your billing queries
Now how do you assure performance of this employees, if you are indulging in it than who would take care of your patients, that a priority for you.
In the case an employee is sick or on vacation than the your work will face a wall and there would no cash flow though you are working hard.
On the other hand outsourcing Medical Billing is quite less expensive and consistency on work is assured.Medical Billing companies stay up-to-date on the latest changes and regulations so you need not to worry about that staying updated. This companies make sure each and every compliance is followed and ensure clean claim submission.
Your front office is responsible for welcoming your patients and your other staff is given the responsibility of other work loads instead when you have a medical billing company taking care of everything from your demographics to charges to posting EOBs, they will concentrate more on providing proper care to patient.
If a medical billing company works on your claims, they will ensure that you will have a stable cash flow they would not mind adding extra resources on your account to increase your cash flow and revenue.
Last and the most important you will become less stressful and enjoy the benefit of your medical billing company because all you need to do is provide care to your clients, focus on what you do the best and have a chill pill !
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