Outsourcing makes good business sense

Achievable benefits with outsourced billing: 

Free up office space

• Add additional revenue generating space.

Some employee turnover becomes irrelevant

• Reduce employee turnover in the billing department.
• Only large practices justify a billing department employing individuals with specialized skills and levels of sophistication.

Reduce incoming phone calls

• Claim error reductions generate less inquirings directly to the billing service.

Turn fixed expenses into variable

• Office space and staff with fixed minimal levels incrementally increase step-wise.
• Paying a percentage tied to collections directly correlate between collections and cost.
• Align your interests with the billing service.

Know your marketplace

• Broader access to your specialty marketplace—the most valuable intangible of outsourcing.

Access solid data analytics

• Maximize reimbursements.
• Identify bottlenecks.
• Teach providers and staff how to avoid negatively impacting claim errors. 
• Obtain alternative coding methods to achieve favorable reimbursements.

Know your accounts receivables

• Monthly aging (30, 60, 90 days receivables) reports typically not provided by an inhouse billing person.

Have a resource at payer offices

• Biller establishes a personal relationship with a single payer allowing expedited problem resolution.

Be prepared for a payer audit

• Biller acts as your expert and advocate in case of a payer's audit since familiar with the process and possesses the documentation as an ordinary course of business.