6 Operational Threats to Your Medical Billing Business

Does it seem like it gets harder to turn a profit on your medical billing services every year? There are many reasons for that, and we’ll explore them all in this post. But first, let us assure you that medical billing companies with the right strategy and the right technology can turn those threats into opportunities. Labor costs are high and rising. The cost to hire an experienced biller has risen over the past few years, and experienced billers will...

5 Threats That Can End Your Medical Billing Business in 2014

There are times when continuing to do business the way you always have is an acceptable choice. You may not be as successful as some competitors, but you’ll still be in business. This is not one of those times. The threats to medical billing companies using a traditional model are so severe that most (if not all) that choose the status quo will not survive. There are five major external threats: Low rates. Billing companies with software that automates claims...