Medical Billing Services - Enjoy Considerable Cost Savings

By Author: Outsource Strategies International
Total Articles: 108
Comment this article

Previously, when medical billing was done manually, it was very time consuming and moreover, a huge of amount of money was spent on it. But with the advent of modern technology the process of medical billing became easier. Medical billing outsourcing is a viable option if you want to accelerate the billing process by filing all of your claims electronically, thus avoiding the process of entering the patient details manually. Make sure that you avail of medical billing services from a dependable service provider with long term experience in the field.

Medical billing services include the filing and submission of medical claims to insurance companies in order to get the payments in a timely manner. It is a boon to a large number of healthcare professionals who often fail to secure the reimbursement due to them on account of billing errors such as under pricing, under coding and missed charges. The services are available to everyone in the medical industry including single practitioners, acute care facilities, doctor’s office, dental groups, multi-specialty groups, small and large hospitals, long term care facilities ...
... and physical / mental rehabilitation facilities and more.

Quality Medical Billing Services that Meet Your Practice Requirements

With quality medical billing services, you can improve the way in which your healthcare facility functions and enjoy considerable cost savings. The medical billing process includes:

• Patient Enrollment
• Insurance Enrollment
• Insurance Eligibility Verification
• Charge Entry
• Submission of Claims
• Accounts receivable follow-up
• Payment Posting
• Denial Analysis
• Scheduling and rescheduling
• Accounts Receivable Management
• Report maintenance

Medical billing outsourcing services are available to almost all medical specialties including cardiology, radiology, family practice, dentistry, nuclear medicine, pediatrics, dermatology, oral and maxillofacial surgery, general surgery, pain management, occupational therapy, and more.

Enjoy a Number of Benefits

With medical billing services, you can enjoy benefits such as:

• Improved cash flow
• Minimal paperwork in your office
• Reduced operating costs and improved coding accuracy
• Simplified workflow
• Saving on resources: For medical practices that don’t have enough resources and can't afford to have one person to do the billing job, medical billing outsourcing is an affordable option. It takes care of all the medical billing issues that arise within your practice.
You are assured cost savings through
• Reducing aged receivables
• Reducing accounts receivable time
• Reducing labor cost
• Reducing payroll and operational costs
• Eliminating technical support costs
• Eliminating claim denials

At present, there are several medical billing companies that have the expertise to deal with each and every phase of the medical billing process. They make use of advanced technologies and are kept updated with all modifications in rules and regulations that occur from time to time. In order to get you considerable cost savings, medical billing service providers take proper care of your accounts and acquire payments by submitting the claims to insurance companies accurately and on time.

http://www.outsourcestrategies.com/medical-billing-services.htm

Outsource Strategies International (OSI) provides medical billing & coding, dental billing & coding, insurance & eligibility verifications to medical and dental practices.