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Medical Billing Outsourcing PowerPoint Presentation
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Medical Billing Outsourcing

Medical Billing Outsourcing

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Medical Billing Outsourcing

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  1. Outsourcing Medical Billing 247 Medical Billing Services Contact No. +1 888-502-0537 Email : info@247medicalbillingservices.com Website : www.247medicalbillingservices.com

  2. Medical Billing and Profit Minting Partner A billing process with loose ends can hurt your medical practice. You need thorough experts to get clean claims & the payments at the first go. CPC Coders & certified billers come at a cost; more experience more money. HR (human resources) issues like unavailability due to leaves, high salaries, infrastructure to facilitate work, etc. A billing partner takes care of almost 50% of your costing issues as far as HR & following up on AR (account receivables) is concerned.

  3. Billing and Revenue Concerns for Providers Billing and Revenue Concerns for Providers Income depends on reimbursements from Payers Timely filing and error-free claims are mandatory Rejected claims need prompt rectification & resubmission Following up with payers on phone call is a time taking process Patient eligibility check & policy verification check can avoid payment delays

  4. Billing and Revenue Concerns for Providers Billing and Revenue Concerns for Providers Income depends on reimbursements from Payers Timely filing and error-free claims are mandatory Rejected claims need prompt rectification & resubmission Following up with payers on phone call is a time taking process Patient eligibility check & policy verification check can avoid payment delays

  5. Challenges Faced by Physicians These 5 points are the most crucial part of a medical billing process & the most resource-consuming activities as well. Healthcare reforms under the Affordable Care Act (ACA), also known as Obamacare, make it taxing for Providers to be abreast with the changing regulations & payment / incentive programs. Administrative tasks like documentation, maintaining EHR, training the staff, etc. keep adding to the daily To-Do list of a physician. Lesser time with patients hampers satisfaction & PQRS (physician quality reporting system) rating. Physician burn-out rates are soaring due to poor work - life balance.

  6. How can Outsourcing Help? Heavy cost cutting allows you to save & invest in other areas Guaranteed increase in revenue after identifying bottlenecks Keeps you abreast with reforms & technology. E.g. billing software Detailed & strategic reports makes you performance-conscious 24/7 customer care, staff availability & designated Managers

  7. 247 Medical Billing Services Address : Builing/Suite No:- 16192, Coastal Highway, Lewes, Delaware (DE), Country: USA , 19958 Contact No. +1 888-502-0537 Email : info@247medicalbillingservices.com Website : www.247medicalbillingservices.com