Healthcare is undergoing significant changes and one area that is impacted the most is medical billing. The billing and collection process is complex and confusing. Payers want greater scrutiny and transparency over their medical bills.
Outsourcing your medical billing to a third party is the best decision for dealing with these challenges. This allows you to focus on caring for your patients. Here are some of the advantages of using Florida’s medical billing specialists.
Specialization
Medical billing codes are constantly changing and will vary between insurance companies and plans. In-house medical billing companies are struggling to keep up with everything. This is increasing the workload and it is causing more errors.
Third-party medical billing companies specialize in coding. We are current on all of the latest changes. Our skilled coders are well-versed and experienced in all of these changes. This ensures that everything is done correctly the first time. Our knowledge and specialization are the factors that set us apart and it ensures we add value to all of your medical billing.
Fewer Errors
In-house medical billing is lacking strong quality control procedures. This is increasing the number of denials because of simple errors such as getting the address wrong.
Third-party medical billing companies have established quality control procedures to carefully check all of your medical bills. Our software uses artificial intelligence to analyze each bill. A quality control specialist follows up to make sure that everything is correct. This is when we submit everything to the insurance company electronically. We see what is happening in real-time and will address any issues quickly.
These procedures will reduce the number of errors you are seeing by 90%. You will collect your fees faster and increase your profit margins. These measures are what help us to stand out and deliver exceptional results for you.
Faster Collections
Collections require following up with the insurance company and patient. A trained specialist handles everything and addresses any issues. This increases your success rates and it lets you focus on improving the quality of care you are providing to patients.
Outsourcing to a medical billing company lets you benefit from our experience. We know what to do to ensure you are getting the full amount for your fees. This leads to faster resolutions and it improves the chances of collecting all of your fees.
You can focus on enhancing care and offering your patients more services. You will see an increase in your revenues with our team doing your collections.
Putting It All Together
These are some of the advantages of using Florida’s medical billing specialists. You will work with a team of experts that knows the law and how to get the best results for you. Your team of dedicated professionals is always available to help and answer any questions.
We will take care of everything so you can focus on more important areas. This makes your organization more flexible when adjusting to the different challenges the industry is facing. This streamlines your practice and it increases profitability.
FAQs
What are your quality control procedures?
Florida’s medical billing specialists use software with artificial intelligence that checks for any errors. This is followed up by a specialist manually checking everything before submitting it.
How much can you decrease my errors?
Florida’s medical billing specialists can decrease your errors by 90%. Our quality control procedures are effective and get results.
