There
are several issues to consider when analyzing in house billing
versus outsourcing the billing process. To assist you, we offer
the following areas that will save you in expenses and hold your
results more accountable:
Billing
service is focused on the billing of your services
Expense
savings on all supplies for the billing process
Eliminates
provider/patient payment discussions
Frees
you from the burden of the billing and collection process
Allows
privacy of income information optional
Reduces
downtime due to sick leave and vacations
Eliminates
the expense and worry of employee retention
Effectively
established a more consistent revenue/cash flow
Eliminates
capital expenditures on billing software and hardware
Reduces
costs of upgrades and maintenance
Reduces
salaries, sick pay, vacation pay, and insurance benefits
Reduces
costly and unproductive training periods
Allows
you to focus on the treatment of your patients
Lets you concentrate on generating new business
More
accountability of the revenue results
Billing
service fees based on collection results
Assures
HIPAA compliance of the billing process
Medical Billing Associates
provides
comprehensive accounts receivable management and absorbs the
overhead expenses that you currently do to run your accounts
receivable.