The advantages of outsourcing and why you must stay on this page
Agreed. This topic has been done to death. Over the last decade we’ve heard promises, claims, and testimonials, that speak of just one thing, how outsourcing can help your practice. So why are we discussing this again? Because the latest healthcare reform acts emphasize and demand better quality patient care.
With an increasing number of patients complaining about physicians who breeze in and out of appointments and the Affordable care act, making billing according to quality of care provided, mandatory, by 2015, the onus is on physicians. The only way forward is to outsource administrative tasks like medical billing and transcribing, and focus more on patient centric medical care.
Can’t afford to hire anymore?
This is one major reason why most start up and single physician practices outsource. Hiring, training, and paying, billers and coders can be expensive and time consuming. Most physicians and practice managers find it increasingly difficult to spend time, and concentrate, on the hiring process. Or train staff to work according to the specific needs of the practice. Outsourcing can save you the trouble of sitting across a nervous biller and trying to explain what your requirements are.
The freedom to pay according to the revenue collected
You cannot say it out loud to your in-house billing team. Unless, you are prepared to spend the next few weeks arguing furiously! Billing firms like our own, charge a nominal percentage from the total amount of revenue collected. You finally pay for work that gets done, and for concrete results, rather than pie-in-the sky promises.
Make an informed choice
There are several tripwires one needs to avoid. Cross check every fact and every promise. Asking for a reference is the easiest way to checking up on a company’s credentials. Go for firms with an exceptional track record and with a proven history of improving collections. A little bit of homework, and a call to a toll free number is all it is going to take to get rid of billing worries.
