Collecting the patient responsibility portion of your billing can be a challenge at any time of the year. However, it’s particularly difficult during the first quarter of the year as insurance deductibles reset.
With the start of a new year upon us, we’d like to share with you some tips from our proven service on how to collect more of your billables from patients.
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As 2018 comes to an end, it’s a good time to start focusing on your medical office’s goals for 2019. At Outsource Receivables (ORI), one of the most common goals we hear our clients mention is profitability. Every medical office wants to be more profitable, but it can often be difficult to turn that desire into action. Read on to learn a few tips that we’ve encountered while working with a large number of medical offices over the past several years. If you have any questions, or you’re interested in discussing having our team visit your practice for a free no obligation medical billing assessment, just give us a call at 866-585-2800.
In a nutshell, medical billing and coding are the engines that keep a healthcare practice in business. Any errors or inefficiencies along the way can create a longer and more labor-intensive process for receiving payment for services rendered. As we reach the end of the year there are things that a medical practice can do to maximize revenue and make the end of year process simple. Staying on top of medical billing in the 4th quarter is crucial for stopping reimbursement headaches.
As a general medical practitioner, you’ve got a lot on your plate every single day. Your patients rely on you for medical advice. As a general practitioner, you’ve got to have expertise on a wide variety of topics since you have patients of both sex and any age. Additionally, your office support staff counts on you for a consistent paycheck. On top of that, you’ve been handling the medical billing process internally, which has been very time consuming. Quite frankly, you need a break and could use some help. For a variety of reasons, medical billing is one area where it may be beneficial for you to outsource this aspect of your practice. At Outsource Receivables, Inc. we specialize in outsourcing medical billing for general practitioners.
Partnering with a medical billing services company can take your medical clinic to the next level of success. Outsource Receivables, Inc. (ORI) provides innovative software solutions for convenient electronic medical records keeping, billing, coding, payer management, receivables and more. The ORI system is absolutely one of the most efficient and easy to use medical billing solutions for all types of medical practices. Partnering clinics can choose to integrate ORI revenue cycle management expertise using an existing medical records and practice management system or utilize our state-of-the-art system at no extra charge.
