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Monthly Archives: February 2015

IS MEDICAL BILLING OUTSOURCING ADVANTAGEOUS TO YOUR PRACTICE?

Medical billing is the process of submitting claims and following up on them with health insurance companies, both federal and commercial, to receive reimbursement for services rendered by a healthcare provider. Medical billing thus translates a medical service into a billing claim. A knowledgeable biller can optimize revenue performance for the practice.

Rules and regulations governing the healthcare industry are updated constantly. The code sets also undergo revisions regularly. Physicians have to devote a large part of their time to overseeing billing and follow-up. This eats into the time needed for quality patient care leading to stress and frustration.

To overcome this scenario, physicians are forced to find a solution to reduce their workload and increase the quality of patient care delivery. (more…)