Before fully deciding on having a provider for medical billing services, it is wise to consider the advantages of hiring one. Here are some benefits of outsourcing a medical billing service provider:
Reduced Stress - Your work in itself can be stressful, and with the complexity of the medical billing process, you are just subjecting yourself to more stress. Having a third party medical service provider can help you bill your patients more effectively and can assure you that you are compliant with healthcare laws and regulations.
Reduced Overhead Cost - You might not realize it, but hiring a trained specialist with a fixed salary cost will add more expenses to your overall operations. However, when you outsource a provider for medical billing services, there is no need to pay upfront fees.
Improved Billing and Collection Rate - Not only will your medical billing be accurate, your medical operations will also be highly improved as your collection rate becomes faster and smoother.
ProMD Practice Management was founded in 2004 by a team of physicians and health services administration professionals who had directed the expansion of South Florida Perinatal Medicine into one of the foremost maternal fetal medical practices in the state.