Increased administrative hassles and reduced potential for income are two main reasons behind the shortage of Primary Care Physicians (PCP) in the US. Billing and revenue related challenges have been causing great dissatisfaction among the primary care doctors. This has also led to a steady decline in the number of medical students willing to pursue a career in primary care.
Primary care physicians face various other challenges related to effective implementation of EHR, hassle-free integration of Health IT into the practice, and meeting the requirements for Meaningful Use standards.
How is Outsourcing Benefitting Primary Care Practices?
Outsourcing has helped primary care physicians strengthen their revenue cycle. It has helped them sail through reimbursement challenges without having to merge or close down their practice. Billing companies like MedicalBillersandCoders.com has been helping PCPs across all the 50 states in the US, streamline processes like billing, coding, denial management, RCM and EMR / EHR implementation.
MBC's primary care billing services has a team of certified and experienced billers and coders who are well-trained in handling challenges faced by the primary care practices. They have the skills required for maximizing the revenue and minimizing claims denials.
By hiring a billing partner, PCPs have been receiving timely payments from the insurance companies. Since an expert billing team handles the revenue cycle, providers get sufficient time to concentrate on provision of quality care. They are able to focus on clinical tasks rather than worrying about getting paid on time.
Measures for Handling PCP Shortage
To overcome the shortage of PCPs, many medical schools are offering community-based primary care training programs. Several new medical schools have opened up and they are training only primary care doctors. They are also being offered financial incentives to get into primary care.Back