7 Common Myths on Outsourcing Medical Billing Services to India

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INFO HUB OUTSOURCING MEDICAL BILLING COMPANY
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7 Common Myths on Outsourcing Medical
Billing Services to India

• Medical billing is a complicated and essential
  sector of todays healthcare system.
• Submitting and following up on requests with
  health insurance firms to get paid for services
  provided by the healthcare practitioner is a
  time-consuming process.
• In addition, the medical biller in the healthcare
  facility is responsible for ensuring that the
  practices receive reimbursement for the services
  performed. As a result, having knowledgeable
  billers who can maximize revenue for the business
  is critical.
• Outsourcing medical billing services to India may
  benefit practices, but its probably vital to
  debunk a few prevalent misconceptions about it
  before dismissing the idea.

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Outsourcing is costly Youll have to pay someone
to handle your medical billing, and for many
health centers, the cost of a salary, benefits,
and office expenditures exceeds the cost of
outsourcing. Furthermore, because medical
billing company staff are highly experienced and
qualified, they can typically bill more
successfully, resulting in higher revenue as a
percentage of invoiced charges. So, in reality,
outsourcing saves money for many practices, and
its more of an investment than an expense.
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Only big companies can outsourceThis is a
common misperception among small billing
companies. While most offshore billing companies
strive to deal with the best medical billing
companies in the United States, this does not
mean they exclude small and medium-sized
businesses. Eighty percent of their clients are
small and medium-sized billing organizations.
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It Is not safe to outsource to a third party or
offshore To protect PHI, an offshore medical
billing partner is HIPPA compliant and uses a
safe and secure medical billing process. You
may need to search for a well-established
offshore medical billing partner by looking at
their years in the company, knowledge, and
adherence to safety and compliance
regulations.  Info Hub Services adheres
to HIPAA, Medicare, and Medicaid requirements to
ensure that practices data is kept safe.
Certified HIPAA Professionals, Certified Security
Compliance Specialists, and Certified HIPAA
Administrators are among our staff.
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End-to-end billing is always required when
outsourcing

• Many billing firms are concerned about a specific
  type of service that is outside their area of
  competence.
• Its usual to outsource a portion of your scope
  of work to have someone help you with the most
  time-consuming element of your billing cycle.

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8
Medical billing is little more than data entry

• Medical billing is a complicated procedure that
  entails filing claims to private and public
  insurance payers and collecting unpaid amounts
  from your patients (or for uninsured patients).
• In addition, medical coders must interpret
  physician notes, recognize nuances in a medical
  record, and ensure that all relevant information
  is in a patients chart to justify billing for
  specific treatments.
• Then they must know which codes are accessible
  and legitimate, so they dont overbill (charging
  for more or more complex services than were
  supplied) or underbill .These actions are
  illegal, and a lack of knowledge of medical
  billing and coding standards is not an excuse.

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Outsourcing isnt going to save you any time

• Because the revenue cycle management of a
  third-party companys medical billing and coding
  personnel is only focused on billing, they can
  often file claims faster than your employees.
• They can also track down refused or rejected
  claims on a timely basis, guaranteeing that you
  dont miss any appeals filing deadlines.
• The earlier you get claims submitted, the more
  seemingly they will be paid, and the more likely
  you will be able to consolidate on the patient
  responsibility portion of a bill.
• Likewise, our team at Info Hub Services is
  committed to providing our customers with
  personalized medical billing services year-round.
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Conclusion

• Hiring professionals to outsource medical
  billing and coding will allow your practice to
  focus on patient care, business operations, and
  income creation. 
• Info Hub Services provides an end-to-end medical
  billing and coding solution to fulfill all of
  your medical needs.

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