Making the decision to outsource medical billing can be nerve-wracking. In medical school, most students are taught that billing should be done in-house to maintain control. However, recent changes to the healthcare industry, and more specifically, regarding medical billing, have made staying on top of government regulations and insurance company requirements a veritable nightmare. Outsourcing billing ENT services to a trusted provider like MD Pro Solutions can offer many benefits that you might not even imagine. One way to gain a better understanding of how outsourcing can benefit your practice is to submit to a free billing review. Certain areas of your in-house billing department may be lacking, such as clinical coding optimization and follow-up with accounts receivable. Our team of highly trained and experienced healthcare consultants certified medical coders, and educational staff can help you to overcome all of your practice problems and be more successful.
Question – How Accurate is Outsourcing Billing ENT Services?
ANSWER – When you outsource your medical billing for ENT practices to MD Pro Solutions, your accounts will be worked on by a team of highly trained and experienced, certified medical billing coders. All we do is medical coding and claims submissions, so our team has developed highly effective and efficient methods for submitting claims and collecting revenue for our clients. Outsourcing has been proven to actually reduce errors and improve cash flow to increase revenue for all the clients that we serve.
Question – Is Outsourced Medical Billing Compliant with Industry Standards?
ANSWER – Absolutely! One of the main reasons why physicians and medical practice managers choose to outsource clinical coding optimization and billing services to a third party is because they stay on top of the latest industry requirements, standards, and regulations. Outsourcing ensures better compliance to protect your practice from rejected or denied claims, as well as other potential issues that could impact the cash flow for your business.
Question – Does Outsourcing Cost More Than In-House Billing?
ANSWER – It really adds up fast when you think about how much is invested to recruit, hire, and compensate in-house staff for medical coding and billing. Not only are you paying an hourly or salary rate, but also insurance, workers compensation insurance, sick days, holidays, vacations, and other benefits. In addition, a specialized workstation needs to be created for in-house staff with computers, internet access, software, and other essentials so they can do their job. Outsourcing costs are fixed and based on the claims that are submitted and bills that are paid, making it more cost-effective across the board.
Question – Can I Get Regular Reporting for Outsourced Billing?
ANSWER – MD Pro Solutions provides a wide range of reporting and benchmarking data to our clients, which can be used to make more informed decisions about the future of your practice. We are committed to providing our clients with reports and regular communications to ensure complete satisfaction. We can deliver a variety of comprehensive standard monthly reports and produce custom reports to provide specific information about your account management on-demand. Our team can create a scheduled system or reporting designed to provide you with the information you need without adding any burdens to your already busy schedule.
Question – Do I Have to Change Billing Systems or Software?
ANSWER – At MD Pro Solutions, we do not pressure our clients to change their medical billing systems or software in order to take advantage of outsourcing billing ENT services. That being said, our consulting and outsourcing services may be limited by the software system that you currently use and might hinder potential access to your system’s core data. With over 50 years of experience working in the medical administration and billing industry and through the use of proprietary accounts receivable protocols and revenue generation applications, we have developed a series of solutions designed specifically for ENT, Ortho, and Plastic Surgery doctors and practices. We work with you and your current provider to ensure that you are accurately processing insurance claims according to provider and industry requirements.
Get a FREE Billing Review
Contact MD Pro Solutions to discuss your options for outsourcing billing ENT services at your Otolaryngology practice or clinic. We can answer any questions you might have about clinical coding optimization training and support and outsourced medical billing for ENT practices. Call today toll-free at 1-800-853-8110 and speak with one of our friendly and helpful customer service agents.