Blogs

Complete Revenue Cycle Management for
Medical & Dental Clinics, Practices and Hospitals

  • Shared Vision: Your Business is our Business
  • Cloud Based Billing Software or Work on Yours
  • Certified Coders: ICD 10 Coders
  • Real Support with Dedicated Managers
Contact OSI Today!
Ask about our free trial to see firsthand how our services can benefit your practice.

Outsourcing Medical Billing – Maximizes Profits

by | Jan 7, 2011 | Blog, Medical Billing

Healthcare facilities may face financial crisis due to under pricing, under coding, or missed charges. To solve this problem, outsource your medical billing claims to a medical billing company. With the help of electronic medical records (EMR) and electronic practice management (EPM) systems, medical billing experts provide HIPAA compliant medical billing solutions as per client’s requirements.

Outsourcing medical billing can deliver you a wide range of benefits – streamlines the medical billing process; maximizes profits, reduces administrative cost for hospitals, pharmacies, and other healthcare providers; increases your office efficiency and gives you more time to focus on your core medical activities.

Today, there are many experienced medical billing experts to handle your medical billing issues on time. They can work on either your medical billing software or use their own. Medical billing solutions include:

  • Medical coding
  • Medical paper and insurance electronic billing
  • Medical insurance collection
  • Charge entry
  • Cash posting and reconciliation
  • Management of old AR collections
  • Consultation
  • Recording patients’ notes
  • Providing daily, weekly and monthly reports
  • Insurance verification and authorization

Medical billing solutions can be customized to meet the requirements of any type of medical facility including individual physicians, physician groups, dental practices, multi specialty groups, clinics, home healthcare agencies, DME companies, pharmacy companies, long term care facilities, acute care facilities, hospitals and more.

Outsourcing medical billing services will provide you with the following benefits:

  • Efficient processing of claims
  • Eliminate all the hassles of medical billing and coding
  • Adherence to HIPAA guidelines
  • Higher privacy, excellent data security and confidentiality of patient data
  • Accuracy ensured by trained as well as skilled workforce
  • Save your overhead expenses such as salaries, benefits, payroll taxes, and more
  • Save resources
  • Reduce downtime
  • No need to worry about the follow-up for the submitted claims
  • Regular QA checking with readily available reports for the client
  • Increase your reimbursements and maximize your profit
  • Tailor-made medical billing solutions

Related Posts

OSI Featured Experts

  • Natalie Tornese
    Natalie Tornese
    CPC: Director of Revenue Cycle Management

    Natalie joined MOS’ Revenue Cycle Management Division in October 2011. She brings twenty five years of hands on management experience to the company.

  • Meghann Drella
    Meghann Drella
    CPC: Senior Solutions Manager: Practice and RCM

    Meghann joined MOS’ Revenue Cycle Management Division in February of 2013. She is CPC certified with the American Academy of Professional Coders (AAPC).

  • Amber Darst
    Amber Darst
    Solutions Manager: Practice and RCM

    Hired for her dental expertise, Amber brings a wealth of knowledge and understanding of the dental revenue cycle management (RCM) services to MOS.

  • Loralee Kapp
    Loralee Kapp
    Solutions Manager: Practice and RCM

    Loralee joined MOS’ Revenue Cycle Management Division in October 2021. She has over five years of experience in medical coding and Health Information Management practices.

Contact Us