15 Medical Billing job functions streamlined by Outsourcing!!

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Medical Billing Insights

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Wednesday Aug 01, 2012

Medical Billing Outsourcing is known to improve physician’s AR & denial management by streamlining various job functions for physicians

Industry experts say:
It costs $25 to $30 to manage the average denial; hence physicians prefer to submit cleaner claims from the beginning by streamlining their job functions

Which job functions are streamlined with outsourcing?

Patient Enrollment & Scheduling handled efficiently
All Documentation with transition to an electronic format done accurately
Precise Billing & Coding by a billing specialist
Timely Insurance Claims submission & re-submission of claims by a manager
AR manager solely dedicated & responsible for entire AR Management
Timely process in place for Denial Management & Appeals
Ongoing Payer follow-ups ensuring maximum reimbursements
Daily/ Weekly/ Monthly reporting system in place
Patient Follow up process in place when the payer denies a claim
Staff Retention not necessary as the outsourcing partner takes care of all those headaches
Elimination of maintaining vast Payrolls of all billing related staff
Management of billing employees leaves and smooth working of business even during holidays
Front end administration managed better as all your back end functions are looked after
Revenue planning possible with all old accounts cleared and sorted out by the billing specialist
Transparent & Clear patient accounts analysis by the end of the year

With these job functions taken care of by billing specialist physicians can concentrate on their patients additionally managing to lower their costs.

Attain maximum Medical Billing Revenue with the help of outsourcing!

Streamlining-Benefits with MBC:

Save up to 60% on operational costs
Earn up to 32% more in revenues
Free EMR & Practice Management
30-40% reduction in AR days
Denials reduced by almost 10-15%

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Medicalbillersandcoders.com has been assisting in revenue maximization for healthcare organizations looking to outsource for - over a decade now across the 50 US States and across varied specialties.

Consultancy Services	+	Streamlined Job Functions	+	Lower Costs
Achieve Optimized Revenues!