Outsourcing Medical Billing Services for Orthopedic Practices
It can be challenging to consider moving your medical billing services outside of your office. However, many different types of medical specialties are now enjoying the advantages that come from outsourcing medical billing to a reputable third-party source. There are many benefits associated with hiring MD Pro Solutions for your Ortho billing and coding services. Our team of highly trained, specialized, and experienced billing professionals has the knowledge and expertise required to provide you with effective billing services. When you outsource Orthopedic billing and coding, you can reap the benefits that come from moving billing and collections outside of your office so you can focus on providing quality patient care.
Taking Control of Your Billing
One common misconception about outsourcing medical billing is that you are “giving up control” over this portion of your business to an outside service. The truth is that when you hire a company like MD Pro Solutions to provide professional Ortho billing and coding services, you are actually taking control over your billing department. Instead of all the stress, worry, long hours, and issues faced by most practices to keep up with the day-to-day medical billing services tasks, you and your team can focus on providing quality patient care. In addition, you will get all of the reports and data necessary to effectively and efficiently keep taps on your billing services so you can maximize your earning potential and make better, more informed administrative decisions.
Our team of highly trained and experienced billing and coding experts work closely with all of the top insurance companies and understand what it takes to ensure industry compliance while improving the claims submission process. When you outsource Orthopedic billing and coding, you can rest assured that your team has your best interests in mind. We only get paid when you get paid. Instead of a fixed rate for hiring and maintaining billing staff, your cost for outsourcing medical billing is based on results. This is why outsourcing saves money and reduces billing errors to improve cash flow and boost revenue across the board. Taking care of your business is our business, and we continually work to provide our clients with new service options designed to save them both time and money.
Reduce Overhead Costs
Not only will you save money on Ortho billing and coding services when you outsource medical billing services with MD Pro Solutions, but you will also lower your overhead costs. We can help you to reduce human resources (HR) work and coverage issues, eliminate costly training, retraining, and support for your billing staff, and even free up much-needed office space that can be used for more storage, patient exam rooms, or waiting areas. Instead of having to purchase a bunch of billing department hardware, software, desks, chairs, and office supplies, we take care of all that for you and send you reporting and benchmarking data that you can use to keep tabs on your business without all of the associated costs and risks.
Outsourcing works to reduce payroll taxes and overhead by eliminating the need for hiring qualified and trained billing staff. No more sick days or vacation time having to be covered for your billing department, and no more reduced output when your staff is overwhelmed with other administrative or billing duties. When you separate the services you provide to your patients with the billing and collections end of running a medical practice or clinic; you make it easier for everyone involved. Studies show that outsourcing can even improve patient satisfaction, boost employee morale, and increase industry compliance with billing and coding requirements. When you outsource Orthopedic billing and coding with MD Pro Solutions, you will receive a level of audit oversight from the separation of duties that will help you to maintain an effective business that you can grow into the future.
Reduce Office Stress
Industry studies reveal that more than 60 percent of physicians spend more than one day a week taking care of administrative tasks, such as dealing with medical billing services. When you outsource Orthopedic billing and coding to a reputable team of experts and technicians, all those tasks and worries go right out the window. Your time can be better spent taking care of patients and growing your practice, instead of worrying about Ortho billing and coding services. If you would like to learn more about the advantages of outsourcing medical billing, give us a call toll-free at 1-800-853-8110.