Why Outsourcing Medical Billing Makes Sense
Running a medical practice can be extremely challenging. You not only have to effectively diagnose your patients, but you also must be well versed in the various medical billing practices to ensure you’re able to get paid on time. Due to constantly changing insurance regulations, understanding medical billing is a full-time job. Thankfully, medical practices around the country are learning the many benefits of outsourcing medical billing to a third-party company like Outsource Receivables.
Why Should You Utilize Outsourced Medical Billing?
There are a whole host of reasons why outsourcing your medical billing can pay great dividends for your practice. A few of the most common reasons our clients choose to work with an experienced medical billing company like Outsource Receivables, include:
- Ensure Your Employees Can Focus on Their Core Competencies – In a medical office, the providers need to be spending as much time as possible serving the needs of their patients as opposed to time consuming back office tasks such as medical billing. In addition, if your admin staff must spend countless hours tracking down unpaid medical bills, they’re not able to work on the tasks that can help you grow your medical practice. By partnering with a company like Outsource Receivables, you and your employees can focus on what you do well and allow our team to focus on our specialty – medical billing.
- More Efficient Medical Billing Processes – At Outsource Receivables, all we do is medical billing. This means we know all the ins and outs on how to reduce your receivables and in turn boost your profits. Because we’re well versed in regulatory nuances related to medical billing, as well as the strategies that can help boost your profitability, we’re often able to reduce the amount of time it takes for bills to be paid, which is good news for any type of medical practice.
- Fully Customized – When you work with Outsource Receivables, we spend time at your office learning how your medical practice is run. This way we can be sure the solutions we propose are custom designed just for your organization. Regardless of whether you’re looking for us to take over your entire medical billing office, or only certain components of your billing processes, our team at Outsource Receivables is up to the task.
- Latest Technology – One of the many ways we’re able to streamline our client’s medical billing processes is through technology. By utilizing the latest technology, we’re able to ensure your office is not only meeting any medical billing regulatory needs, but that your office is also as efficient as possible when it comes to billing for procedures, scheduling appointments and collecting payments.
At ORI Our Medical Billing Results are Guaranteed!
At Outsource Receivables, our goal is to boost the profitability of your entire medical practice. In line with this goal, we offer an iron clad guarantee that you’ll save 15% overall compared to before you started working with our company. Thanks to this guarantee, there really is nothing to lose when it comes to utilizing medical billing services from ORI.
If you’re interested in learning more about how Outsource Receivables can transform the way your office manages medical billing, feel free to give our team a call today at 877-477-0480. We have offices in Minneapolis and Chicago to better serve your needs.