Benefit from the Power and Resources of Medical Billing Services

by | Last updated May 15, 2023 | Published on Aug 26, 2011 | Medical Billing

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Medical billing outsourcing is an excellent alternative for healthcare practices struggling to balance patient care and their administrative duties such as medical billing. Practices only need to find a reliable medical billing company they can work with comfortably. Established companies providing services in this field will work as an extension to your practice, helping to increase your revenue substantially and reduce business overhead. With excellent infrastructure and staff, and a commitment to excellence a good medical billing company can be your trusted partner providing quality medical billing services.

What Is Special about an Established Medical Billing Company

A billing firm that has been working hand in hand with healthcare entities looking after their billing and coding jobs will be equipped with the latest technology and infrastructure and professional, friendly staff. They will have dedicated accounts receivable specialists and account managers to efficiently handle your medical claims. With medical billing services, you get to enjoy significant benefits such as:

  • Maximize your collections
  • Improve medical billing efficiency and productivity
  • Reduce medical billing costs
  • Reduce payer denials
  • Mitigate staffing concerns
  • No need to invest in costly computer hardware or software
  • 24×7 comprehensive support
  • Regular quality assurance procedures

Claims Processing Is Easier with Medical Billing Services

Medical billing outsourcing will ensure that you enjoy the advantages offered by the power and resources of your billing company. It is important to understand that these firms have highly experienced and certified professionals including billers and coders who will put in their best efforts when processing your claims. With advanced medical billing software, they ensure error free billing and speedy claims submission. Since they have staff dedicated to carry out particular jobs, regular follow-up on submitted claims is done so that there is no delay in securing reimbursement.

Medical Billing Services in a Nutshell

  • Patient Enrollment
    • Demographic information
    • Insurance information
  • Verification
    • Insurance verifications
    • Authorizations
  • Coding
  • Billing and Reconciling of Accounts
    • Charge entry
    • Cash posting
    • Reconciliation
  • Accounts Receivable Collections
    • Insurance collection
    • Patient collection
    • AR follow up and collections

When you decide on medical billing outsourcing, you are in fact promoting your business, and making it much more organized. Each task associated with medical coding and billing has to be carried out with the greatest attention to detail – you just can’t afford to have any errors in your claims. Moreover, the medical billing has to be strictly HIPAA compliant so that your patient data is secure. Your medical billing company will take care of all these requirements and leave you to concentrate on patient care and services with a peaceful mind.

Julie Clements

Julie Clements, OSI’s Vice President of Operations, brings a diverse background in healthcare staffing and a robust six-year tenure as the Director of Sales and Marketing at a prestigious 4-star resort.

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