5 Reasons Why You Should Outsource Medical Billing
To improve revenue, communication, and overall experience, healthcare providers often choose to outsource their billing and revenue cycle rather than let do it internally. Hire professionals to reduce the burden on their shoulders. Before your internal medical billing process fails, discuss the main reasons for outsourcing your billing.
5 Reasons to outsource medical billing:
1: Reimbursement Should not stop:
Billing doesn’t stop while your biller is sick or on vacation. Unfortunately, this is often the case with practices that rely on an in-house person. An outsourced biller will be ON forever and work for you. Clarity is in-built – for example, a specialist medical billing company automatically provides you with comprehensive review reports every month. This function gives you exceptional insight into your billing processes without expecting you to control or monitor your processes.
2: Get Compensated Swiftly:
Integrity Practice Solutions works with hundreds of providers and they learn from the latest changes in the insurance world. This leads to significantly reduced billing errors and ensures faster reimbursement.
3: Convert Stress into Focus:
When you outsource your billing to Integrity Practice Solutions, you don’t have to worry about sick leave, maternity leave, Office closures due to weather, etc., regardless of what happens, your cash flow will continue and you can focus on taking care of your patients and expanding your practice.
4: Trained & Experienced professionals:
Integrity Practice Solutions has a team of trained and experienced professionals who will give you the feedback necessary to make sure you are compensated fairly. We will track all the payments and appeal any underpayments and denials.
5: LCD guidelines:
When was the last time you looked up an LCD guideline or payor guidelines? CMS and other payors updated their guidelines periodically and it is very important to keep abreast with the changes. We do this for you! We will update you on the guidelines that affect you the most.
Why do our services stand better?
Integrity Practice Solutions is a full-cycle Revenue Cycle Management (RCM) / Medical Billing Services provider serving 250+ practices from solo to multi-specialty/multi-location providers. Our goal is to help our practices INCREASE REVENUE while taking better care of their patients and reduce billing and collection headaches. We stay on top of the latest changes and introduce you to the newest services out there that you can provide to your patients. We excel at value-based payments options and help our clients meet and exceed their MIPS requirements.
