Benefits Of Outsourcing
Here are the benefits of outsourcing to our billing service. If you would like additional information please call (209) 369-2319 or e-mail at advancedmb@hotmail.com.
Ÿ Faster payment turn around which increases your cash flow (90-120 days down to 7-14 days).
Ÿ Claim rejections are reduced to less than 2%.
Ÿ Overlooked, neglected, late or inaccurate insurance claims or patient statements are no longer an issue.
Ÿ No Billing Department employee salaries, taxes or other paid benefits to pay. Also, valuable workspace will be freed up within your office.
Ÿ Free up valuable staff time to focus on the patient’s rather than sitting on the phone with the insurance companies.
Ÿ Your in-house billing manager achieves a higher success rate.
Ÿ Requires no staff training or retraining.
Ÿ Eliminate postage and forms purchasing expenses.
Ÿ Complete confidentiality & security of your patient data.
Ÿ Personalized and comprehensive support for your staff.
Ÿ All billing inquires are handled in our office via a direct patient access line, which frees up you telephone lines.
Ÿ I stay current with billing & procedure guidelines by regularly attending accredited seminars.
Ÿ Eliminate costly software & hardware support fees.
Ÿ I serve as an experienced advisor regarding all billing concerns and act as a liaison to the insurance companies on your behalf.
Did you know?
-
The American Medical Association estimates each paper claim costs providers $7 to $12 in direct expenses.
-
Healthcare providers spend $7 billion annually just submitting claims to insurance carriers.
-
Less than 1% of electronic claims are rejected.
-
Insurance carriers spend $19 billion annually processing paper claims.
