A Medical Billing Service makes like easier for physicians across all specialties by offering them administrative services. There is a serious need for this type of service, as most health professionals are trained to take care of their patients but struggle handling the business part of their practice because they were not trained to handle this part. The services are designed to increase profitability and cash flow, improving the efficiency at their respective clinics by having them concentrate only on the medical services rather than the administrative work.
Many physicians have found themselves less stressed and even more active physically because they have outsourced their medical billing to an expert. Medical Billing Services are usually founded by a Certified Medical Reimbursement Specialist (CMRS) or Certified Professional Coder (CPC). These people have gone to school to achieve this vocation and are best suited to handle the administrative side of a medical practice.
Patients receive greater care because the doctor is not worried about money and how to pay the rent. When a doctor is free to really take care of his patients and focus on service, he finds his practice soaring to new heights. Patients are lined up in the waiting room and willing to wait for the excellent service.
A doctor buried in paperwork trying to dig his way out half the night is not going to provide excellent service the next morning. Patients deserve the best from their doctors and should not have to risk a doctor making an error, due to not getting a good night sleep, because of being worrying about his cash flow.
Now you may feel like you may lose control if you outsource your medical billing. Make sure that you find a service that uses a web-based practice management system. This way you can monitor what they are doing each and every week, day, and minute.
Try to find a service that bills on a commission only. In other words, they don’t get paid until you do. They will collect a percentage of what is collected and not what is billed. If they are a reputable medical billing service then they have nothing to hide and if they are as good as they say they are then they will be willing to work on commission only.
The other thing to keep in mind about your medical billing service is that they may find mistakes that you have made to your superbill. To keep your control make sure they cannot make any changes unless they get your written approval. This will prevent any audits from third party payers in the future and possibly liability claims.