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MBC Widens its National Presence by Expanding its RCM & Medical Billing Services in California

MBC is happily spreading its expertise across sunny California. The Revenue Cycle Management has never been more important than in 2017. The global revenue cycle management market is said to be growing at a CAGR of around 11.0 percent between 2017 and 2022 as per a recent market report by Zion Market Research.

MBC's presence in sunny California provides physicians a chance to enjoy life and focus on satisfying their overstressed patients, while our team of experts takes charge of the medical coding and billing complications.

"In today's times of automation, IT innovation and healthcare developments, along with the changing rules & regulations, integrating the business and the clinical sides becomes a challenging task for the medical fraternity", says Steve Martin, Marketing Director (Web).

The ACA led to a sudden spurt in number of patients, yet pushed towards a decrease in lowering admissions. Further, the shift from Fee for Service (FFS) to the Value based performance (VBP) model, has led many practices to flounder and barely stay afloat. Vigilance has increased due to waste and fraud, calling for more stringent measures leading to a demand for accuracy and clarity in documentation. Regulatory audits have now become the bitter pill that healthcare providers have to combat.

Further, the fast-paced life of the people of California and the rising cost of healthcare coverage directly affects practicing healthcare providers. This in turn directly impacts the Revenue Cycle Management and dents the bottom line.

Added to the complexities of clinical and administrative billing, California is among the few states that operate their own exchanges, unlike the other 38 states where the federal healthcare exchange provides insurance under the Affordable Care Act, and California allows negotiation with insurers. The number of Californians without health coverage has fallen from 17 percent at the end of 2013 to 8.1 percent at the end of 2014 (Source). However, "this competitive market signals changing healthcare plans that can be a pain for the verification and eligibility of patients at the healthcare practioner's office", says Jessica Parker, Sr. Healthcare Consultant. This can cause a whole lot of confusion among healthcare providers and billers and coders. Healthcare practitioners when dealing with private insurers, can often lose out on claims and hence their bottom lines take a beating. To handle such intricacies during the coding and billing process, and the changing healthcare plans, only well versed vendors with experience can help streamline a smooth claims process. MBC has been handling such complexities and is well aware of the pitfalls that can hit practitioners.

MBC's healthcare Consultant, Jessica P, also states that, "When times get tough, the tough get going. MBC has stayed its course with great consistency providing its valuable expertise to those healthcare organizations that have faced tough challenges. MBC will continue to provide their valuable insights and strategize ways to beat the tough times that can hit the revenue cycle again."

About MBC

The medical billing process has become a complex system of insurance carrier regulations and requirements, complicated by government oversight. Medicalbillersandcoders.com has over 16 years of experience with all key insurance payers including Medicare and Medicaid. We cater from a single physician to offices with multiple physicians. A lot of physician groups have benefited with the revenue management services offered by us.

Serving more than 40 specialties, Medicalbillersandcoders.com is proficient in handling services that range from revenue cycle management to ICD-10 testing solutions. We stay current on all upgrades and operate with the best software to process Electronic Billings and claims. We are compliant medical billing service company delivering services around the clock. We would love to hear from you and offer you solutions to all of your healthcare RCM worries. Call us at our Toll Free No. 888 357 3226 today!