Why should you use a Medical Billing Company?
“Do what you do best and outsource the rest."
1. Using a Medical Billing Company allows your billing to be a priority!
Let’s face it! Your number one priority is the care of your patient. This leaves little time for your staff to focus on billing and collections. Because of the paperwork being pushed aside your claims are being denied for time, your denied and underpaid claims are not being appealed and your write offs are out of control!
Outsourcing can prevent your billing, collections, and follow up from being pushed aside.
2. Stay Current with the latest updates
Insurance carriers are constantly changing their rules. We stay current on the changes. This allows us to send your claims out correctly the first time!
3. Reduce denials and collections
Denials can run to 30% or more of a practice’s billing. These denials are normally because of a little mistake…missing a modifier, using the wrong diagnosis code, forgetting to fill in a box. When your office staff is in a hurry to complete a task mistakes will happen.
4. Reduce expenses
The cost of recruiting, hiring, and training a new employee is a minimum of $3,500. Hiring competent help can be hard. Factor in sick time, vacation time, benefits, employee taxes and the cost of keeping billing-in-house can add up. After all of time, effort and money spent…they decide to leave, you decide it is not working out,etc! It is not a quick or cheap process training a person how to bill, post, appeal, and follow up on your accounts properly.
Outsourcing reduces you expenses by cutting back on your staff members.
5. Reduce employee theft
When you outsource your billing you have someone else watching your accounts. Our office constantly monitors your adjustments. If your adjustments inflate we are investigating your accounts to find out why. If your patient collections are down we will alert you of the decrease. This helps you to have another set of eyes on what is happening with your collections. Integrity Medical Billing's specialists create another “check and balance”. This is not always possible if you have your billing in-house.
Outsourcing allows you to have someone monitoring your cash flow. Someone invested in your company…why? Because if you don't make money we don't either! That makes us invest in your success!
Let Integrity Medical Billing, Inc. take care of your billing so you can take care of your patients.
Now, that’s billing with Integrity!