Timely Medical Billing Services For Small And Medium Clinics

By Author: Outsource Strategies International
Total Articles: 108
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Medical billing procedures are very important for all healthcare entities when it comes to maintaining a stable revenue cycle. However, these procedures are often complex and are subject to constantly changing rules and regulations. Sensitive to the medical billing requirements of various healthcare facilities, reliable medical billing companies provide customized medical billing solutions. Professional and timely medical billing services offered by experienced companies are beneficial for all medical entities including small and medium clinics.



Timely Medical Billing Service Ensures Maximum Cash Flow



Revenue and cash flow of small and medium-sized clinics largely depend on the way they manage their medical billing and claim processing procedures. Medical reimbursement bills are to be submitted with accuracy, as any sort of errors can lead to denial or rejection of claims, which would critically affect the revenue cycle of medical clinics. Assigning medical billing jobs to professional ...
... medical billing outsourcing service providers is a great option for busy clinical facilities.



Established medical billing companies will work as a virtual extension to your clinical facility. They employ the right strategies to keep the revenue and profits of your practice steady all the time. Orderly medical billing services offered by these firms streamline the entire medical billing and claim processing procedures of your practice. Your medical bills and claims will be error-free and submitted within the prescribed time frame. Any follow-up required will be taken care of systematically. With such consistent and timely medical billing solutions there is little chance for claim denials. This means that you can obtain maximum reimbursement for all services provided to patients. In addition, you have the following advantages:

Minimize your administrative workload
Concentrate on core activities and provide better patient care
Improve cash flow and revenue of your practice
Enhance efficiency and productivity
Reduce voluminous paperwork within your clinical facility
Reduce staffing expenses
Avoid capital investment needed to set up modern infrastructure, equipment and technology

Customized Solutions in Minimum Time



Most leading medical billing companies are equipped with state-of-the-art technology, advanced billing software and an experienced team of professionals comprising medical billing experts, quality controllers, medical coders and other supporting personnel. Medical billing specialists in these firms are fully aware of the latest rules and regulations formulated by the government and insurance companies, and strive to deliver quality solutions. Utilizing advanced software packages such as Practice Admin, Lytec, Eclipse, Medisoft, AdvantX, eClinicalWorks and others, they process all your medical bills and claims with exceptional accuracy within minimum time. Customized medical billing services cover:

Patient Enrollment (Demographics and Charges)
Insurance Enrollment (for Physicians and Offices)
Patient Scheduling and Reminders
Billing and Reconciling of Accounts (Payment Posting)
Coding and Audits
Insurance Verification
Insurance Authorizations
AR Management (Insurance and Patient)
Account Analysis and Denial Management (EOB Analysis)
Financial Management Reporting

Service Benefits



Along with these comprehensive services, most medical billing outsourcing companies ensure greater security for patients’ personal information and their health records. They implement strict data privacy and security measures fully adhering to HIPAA norms. The services of a reliable medical billing company have the following distinguishing features

Regular quality assurance checks
Affordable pricing: helps save 30% to 40% of your operational costs
24/7 technical support
Rapid turnaround time
Free trial offer

Now it is clear that timely medical billing services largely focus on securing the best possible outcome, that is, optimum reimbursement for small and medium clinics. Considering the various benefits of these services, medical entities must assign the medical billing tasks to established companies, as these can offer quality and budget-friendly solutions, satisfying individual requirements.

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