outsourcing FAQs
What is medical billing outsourcing?
Medical billing outsourcing involves hiring a third-party company to handle the billing and revenue cycle management (RCM) processes for healthcare providers.
Why should i outsource my medical billing?
Outsourcing can reduce administrative burdens, increase billing accuracy, improve cash flow, ensure compliance with regulations, and allow healthcare providers to focus on patient care.
What services are included in outsourced medical billing?
Services typically include claims submission, denial management, payment posting, coding, insurance verification, patient billing, reporting.
How much does it cost to outsource medical billing?
Costs vary but are usually charged as a percentage of collections or a flat fee, depending on the service provider.
Is outsourcing more cost-effective than in-house billing?
Yes, in many cases. Outsourcing eliminates costs associated with hiring, training, and maintaining an in-house billing team and reduces errors that can lead to lost revenue.
What kind of support can i expect?
We provide dedicated account managers and support teams for ongoing assistance.