3 Myths About Outsourcing Your Medical Billing

The number one reason practices outsource their billing is the promise of higher collections. But there are a few misconceptions floating around the healthcare world about medical billing companies. Some are more harmful than others, so we decided to demystify the three that could put your practice into a compromised situation. Myth 1: You Don’t Need Service Guarantees Any billing service worth its salt will share freely share its key statistics with you. For example, how many days (on average)...

3 Tips For Selecting the Best Medical Billing Company

Choosing a vendor is never a simple task, but knowing what questions to ask makes it a lot easier. Here are three things to look for when selecting a medical billing service and the questions you should ask to determine if they fill the bill. Don’t choose a vendor based solely on price. A full service medical billing company with experienced billers and advanced revenue cycletechnology is able to command a premium for their services because their total collections are...

4 Undeniable Signs You Need a Medical Billing Expert

If you’re considering outsourcing your practice’s insurance claims to a medical billing service, this article is for you. While some physicians swear by their outsourced billing service and would never consider bringing this costly and burdensome function back in-house, others feel that engaging the services of a medical billing company would deprive them of vital control over cash flow placing critical processes into the hands of strangers. Regardless of where you are on the spectrum, it is imperative that a...

Throw Away the Box [Medical Billing Trends]

All of us in business have, at one time or another, been told to think outside the box. If you’re in healthcare, it’s time to tear the box into pieces and throw it in the trash. The enormous shifts taking place in healthcare and the pace at which they’re occurring means everyone providing services to physicians, like Revenue Cycle Management or outsourced Medical Billing, needs to completely rethink the way they do business. Until very recently, you were hemmed in...

Is Cloud-Based Billing Software Really Better?

Imagine enterprise software that’s as easy to install and access as your email — that’s what cloud-based applications are all about. Instead of purchasing servers and software and hiring IT experts to install and support them, you subscribe to a software service and pay a monthly fee, much like your cell phone or internet connection. There are many convenience factors to having your billing function “in the cloud,” and we’ll get to those, but let’s first look at the all-important...