Why ENT Practices Should Outsource Medical Billing Services
One of the toughest decisions for an office manager is to decide whether or not outsourcing medical billing services might be the right step. On one hand, there is the cost of outsourcing billing ENT services to consider; and on the other hand, there is the loss of income and other potential problems that can come from a medical billing system that is not working at its very best. Changes within the healthcare industry in recent years, have made it increasingly difficult for billing and coding departments to keep up.
Some practices outsource services for just a short period of time while they provide training for in-house staff to get caught up on practices, procedures, requirements and insurance verification, to ensure faster and more accurate claims submissions and payments. However, there are also other practices who are happy to turn the whole thing over to a third-party, so they can put their focus on customer service and providing medical services to customers in-need. Whatever your plans for the future, here are some of the key advantages to outsourcing medical billing services.
Reason #1 – Lower Cost
Did you know that it is actually more affordable for outsourcing billing ENT services than it is to hire an in-house billing department? Just the hiring costs, salary, benefits and insurance alone will cost more than outsourcing medical billing services, but then factor in the costs associated with having the right computer equipment, software, training, support, supplies and office space for a billing team, and it becomes even more cost-effective.
Reason #2 – More Time
If your office staff is splitting its time between making appointments, taking care of insurance verification and working with patients to focus on your medical billing system, that time might be better spent not being distracted with billing and coding work. Many offices report that they are able to more effectively and efficiently run their practice once they start outsourcing billing and ENT services to a third-party service like MD Pro Solutions.
Reason #3 – It’s Not Permanent
If you ever change your mind and decide that you no longer want to be outsourcing medical billing services, you can contact the healthcare consultant and start talking about training in-house staff to take care of the medical billing system duties. MD Pro Solutions will help you train and provide support to your new billing and coding department, to ensure that you don’t have any problems down the line. Credentialing, insurance verification, auditing and reviews, can also be outsourced through our service.
Reason #4 – The Best of the Best
When you hire a professional team to take care of outsourcing billing ENT services, you are hiring a top-notch crew that has all of the knowledge, experience and training required to provide outstanding service. Unlike a small practice or clinic, a professional team that works with outsourcing medical billing services has the resources and the means to track every single claim until it gets processed and paid, making sure that carriers are paying the correct amount. Our team works closely with your staff to ensure that all i’s are dotted and all t’s are crossed, from initial insurance verification to collections through the medical billing system.
Reason #5 – Coding Changes
One of the things that practices and clinics need to stay on top of are coding changes. Each year, a list of brand new and deleted CPT codes come out. Carrier rules and fees change constantly and, of course, there’s also the recent change to ICD-10-CM. It is hard for in-house billing staff to stay on top of all the training and coding requirements necessary to perfectly perform their duties while continuing to do all of the billing and coding required to keep money flowing into the office. Outsourcing medical billing services means hiring a team of professionals whose job it is to stay on top of all these changes in order to provide top quality services and results.
Contact MD Pro Solutions
Our team of ENT medical billing specialists are trained and experienced in ENT account management, billing and coding. We will work directly with your office manager to ensure that we are able to work as effectively and efficiently as possible, while maximizing your earning potential. From insurance verification to submitting claims, tracking claims and all other aspects of your medical billing system, MD Pro Solutions can provide you with top quality outsourcing medical billing services and support. Give us a call today at 508-946-1665 to get a FREE consultation to find out whether outsourcing billing ENT services is right for you.