7 Common Myths On Medical Billing Outsourcing - PowerPoint PPT Presentation

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7 Common Myths On Medical Billing Outsourcing


Should I Outsource or have an In House Medical Billing Team? Confused??? Read the 7 most common myth on medical billing outsourcing – PowerPoint PPT presentation

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Title: 7 Common Myths On Medical Billing Outsourcing


7 Common Myths On Medical Billing
1 888-502-0537
7 Common Myths On Medical Billing
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!
1 888-502-0537
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.

1 888-502-0537
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.

1 888-502-0537
7 Common Myths On Medical Billing
  • 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.

1 888-502-0537
7 Common Myths On Medical Billing
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 1 -888-502-0537 Email -
1 888-502-0537
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