24/7 Medical Billing Services

Contact-24/7 Medical Billing Services

16192 Coastal Hwy,Lewes, DE – 19958

USAPhone: +1 888-502-0537

Website : http://www.247medicalbillingservices.com

Email: info@247medicalbillingservices.com

Medical practices are taking resort to outsourced medical billing services in the current wake of healthcare reforms and payment fee schedule 2015.Although

outsourcing is a beneficial option, it actually depends on the practice’s health, size, performance and revenue cycle management (RCM).

For many practices it might be wise to retain their billing in-house.

Nevertheless, those who choose a billing partner experience the following benefits:Value for MoneyOutsourcing the billing process is definitely a lot

cheaper than having an in-house team do it. The reasons include cost cutting on infrastructure, equipments, software, salaries for staff, hiring certified coders, availability and more.

Timeliness in Filing ClaimsPhysicians don’t have to worry about punctuality of

their staff, filing claims on time because the billing vendor makes sure all the claims are filed within 24 to 72 hours depending on the specialty and availability of the superbills.

BENEFITS:Round the Clock AvailabilityPractices have access to customer services 24/7.

Online records and detailed reports make it easier for physicians to plan the course of action for altering the RCM to generate more revenue.

Specialist Coders for Medical SpecialtyHiring certified coders has become costlier than

before because of ICD-10. Specialists provide complete medical billing outsourcing services to medical providers.

BENEFITS:Follow up with PayersRejection of claims is a common affair and

working on the same claims takes a backseat due to the flurry of fresh claims but working on it is equally important because aging AR is not healthy for the financial health of medical practices.

Increase in CollectionsStatistics indicate that collections remain

stagnant if they aging AR is left unattended.

CONCLUSION:The reasons mentioned herein are the

topmost benefits of hiring a billing partner. Billing partners work with different insurers and thus know the trend of what leads to more collections. They have a team of experts just to analyze what kind of claims to file first and how to go about working on the rejections to get reimbursed at first go for the following claims. So, if your practice is lacking these factors you can think of outsourcing your billing process to stabilize and increase the collections.

THANK YOUContact us on :

http://www.247medicalbillingservices.com/contact-us/