Why Do You Need Outsourced Medical Billing Services?
Are you on the cusp of deciding whether you need medical billing services for your practice? If you are, here is a look at the advantages it can provide you:
Less headaches – Medical billing can be complex especially if there are so many of them. When you outsource it, you won’t have to worry about any of that. Your service provider will be in charge of monitoring healthcare laws and regulations to make sure that you are billing the right way.
Less overhead – When you outsource medical billing services, there is no worrying on your part regarding upfront fees. Instead of hiring a trained specialist and paying a fixed salary cost, you can outsource all of it.
Faster collection rate – Medical billing services can dramatically affect the speed and operations of your medical practice. They can collect greater than 80% of claims processed within 80 days.
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.