|
In House Billing Handling Your Medical Billing In House?Do what you do best and outsource the rest.
Why waste your valuable time and resources--such as space in your medical facility--on an administrative function that can be better handled elsewhere? Most practices don’t have a CPA on staff, and more and more are handling their medical billing in the same way: by outsourcing it to a team of experts. Outsourcing your medical billing to an expert medical billing service allows you to concentrate on patient care rather than administration and operations. With limited staff, Medicare cuts, reimbursements shrinking and costs rising, relying on experts to collect all the monies you’re owed is more important than ever. That’s where Medical-Billing.com comes in. We’re a leading provider of medical billing services in the U.S., providing premium service to hundreds of practices on a local and national level through multiple locations across the country. There’s a reason that most of our new business comes from referrals from other physicians – and that is the excellent support and service we give our clients. It is our mission to obtain accurate, complete and timely payment from all third party payers and patients for our clients using state-of-the-art technology, proven billing methodologies, effective control systems and highly trained staff. Consider the True Costs of Billing In House
Quite simply, it is just more efficient to outsource your medical billing. When you add up the costs involved in hiring, training and employing in-house billers (not to mention the cost of office space, compliance plans, software, computers, etc.), these costs usually significantly exceed that of sending your claims filing to an outside source. Add to this the fact that your staff is paid irrespective of the amount collected. To calculate the true costs of billing in house, remember that salary is typically only about 70-75% of your employee costs when you figure in payroll taxes, FICA and insurance. The total costs you need to include when comparing to a third-party medical billing service are:
Now add in the paperwork cost of administering these employees. Plus, when your medical billing specialists are sick or on vacation, you're still paying them--for not working. When you outsource your billing to our professional medical billing specialists, the overhead and paperwork is ours, not yours. Our clients enjoy the benefits of accounts receivable management that on average ranks better than the top 25th percentile of multi-specialty group practices nationwide as surveyed by the Medical Group Management Association and Healthcare Billing Management Association for Days Revenue in AR. The implications of this statistic for our clients include:
Get Maximum Reimbursement with Fewer Headaches We only get paid if you do, so it is in our best interests to reduce your rejection and denial rates. In an industry where denials can run up to 20% or more of a practice’s billing, excellent follow-up, efficiency and constant monitoring of performance are key.
We are dedicated to getting as much of your money for you as possible. And we have unparalleled experience with reducing denial and rejection rates for practices. What Our Clients Say:
|
Potential Revenue
From Aged Claims
Cut your Rejection
And Denial Rate!
We only get paid when you get paid -- Our medical billing specialists are dedicated to getting as much of your money for you as possible. . Medical-billing.com allocates over 50% of its billing costs to the successful collection of the last 20-30% of charges that typically do not get paid on first submission. Our system speeds up the entire process, from data entry to claims submission. For a seemless transition from your current medical-billing provider to medical-billing.com, call or contact us today. Testimonials
"We are very pleased with the work that has been done, and I would highly recommend Medical Billing and their team to anyone that needs to improve health care collections." -Tony Zingarelli, Vice President,
MobilexUSA Inc "Medical-Billing.com and its consulting team did a phenomenal job collecting our old receivables when we sold our skilled nursing facility. We collected far more than we expected to." Doug Kosmin, CEO,
Life Choice |