7 Common Myths On Medical Billing Outsourcing

1

7 Common Myths On Medical Billing
Outsourcing
https//www.247medicalbillingservices.com
1 888-502-0537
2
7 Common Myths On Medical Billing
Outsourcing
Here at 24/7 Medical Billing Services, we always
push our prospective clients to outsource their
medical billing services. Why? Do we get more
business? Yes, that's one reason. But most
importantly, outsourcing medical billing brings
so many benefits to any practice out there. Our
NOW clients did not have an idea about these
benefits until they tried our services and are
here for years. Fortunately, we kept records of
their queries over the years and surprisingly, we
found so many myths they had in mind before they
turned to us. This article is created for our
readers where we have tried to clear up some of
the common myths about medical billing
outsourcing and why medical billing outsourcing
is a great option for you to consider. Keep
reading to learn more!
https//www.247medicalbillingservices.com
1 888-502-0537
3
7 Common Myths On Medical
Billing Outsourcing

•  
• Why do so many practices opt for outsourcing the
  medical billing process?
• Handling the process of medical billing is as
  important as treating patients, even if it seems
  to be a daunting task. Managing insurance claims
  is the single most important source of revenue
  for the practice. Most common mistakes occur when
  a beginner is handling this responsibility
  relating to medical billings, where there is a
  demand for a concrete solution to augment your
  practice by improving the revenue cycle. Various
  leading medical practitioners have trusted 24/7
  Medical Billing Services, where we have proved to
  be exceptionally beneficial. But still, there are
  some myths that some practices have, regarding
  outsourcing their medical billing.

https//www.247medicalbillingservices.com
1 888-502-0537
4
7 Common Myths On Medical
Billing Outsourcing

•  
• Myth 1. Medical coding and billing are mostly
  limited to data entry.
• Myth 2. Patients are only a small portion of the
  payer mix.
• Myth 3. Medical billing outsourcing makes
  practices lose control of their revenue process.
• Myth 4. RCM technologies don't offer any great
  returns on your investments
• Myth 5. Medical billing outsourcing is expensive
• Myth 6. Medical billing outsourcing is only for
  big practices and hospitals.
• Myth 7. Outsourcing only helps in cutting
  operational costs.

https//www.247medicalbillingservices.com
1 888-502-0537
5
7 Common Myths On Medical Billing
Outsourcing

• Conclusion
• With cloud-based technology, RCM outsourcing
  offers various benefits by integrating financials
  with patient portals. It also offers electronic
  payment options, sending electronic statements
  and reminders. Outsourcing RCM can also enable
  patients to pay for their services in advance.
  The back-office in the practices can be freed
  from recurring administration activities. A
  trusted medical billing company can reduce days
  in A/R and lower practices claim rejection rates
  at the level where they can outpace industry
  averages. Hence, outsourcing RCM can give you
  benefits like stronger reimbursement and
  strengthening cash flow.

https//www.247medicalbillingservices.com
1 888-502-0537
6
7 Common Myths On Medical Billing
Outsourcing
About 24/7 Medical Billing Services 24/7
Medical Billing Services is the nations leading
medical billing service provider catering
services to more than 43 specialties across the
entire 50 states. You can rely on us for
end-to-end revenue cycle management. We guarantee
up to 10-20 increase in the revenue with cost
reduction of your practice for up to
50.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel [phone] Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537