To outsource or not to outsource medical billing—that is the question. The answer? According to most health-care experts, the answer is yes!
First, medical collections operations are essential for the success of any medical practice, not only to achieve the required degree of regulatory compliance but to receive proper reimbursement. Medical billing specialists are expensive to employ, and as your practice begins to grow, so too will your medical billing and coding needs and workloads. Outsourcing medical billing changes your fixed-cost expenses to variable costs, allowing you the flexibility of hiring a billing expert part time or as needed. Moreover, collecting money from patients is a time-guzzler and headache for most doctors and health-care providers. An expert in medical billing processes will help you manage your business, take care of all the administrative duties involved, and free you to concentrate on the lifeblood of your practice: delivering high quality patient care.