Benefits Of Outsourcing
Medical Billing Services
There are many benefits to outsource medical billing service to a third party medical billing company. In fact, many health care providers are able to save time and money by outsourcing their medical billing and coding services. This allows providers to better focus their time and attention on providing quality care for their patients and improving patient flow and satisfaction.
1. Medical Billing Outsourcing Allows More Focus on Patient Care
Although medical billing is essential to the healthcare industry in United States, the heart of what you do is caring for patients. When you hire Prime Care Billing, you can concentrate your resources into providing quality care. This will allow you to increase your patient flow and satisfaction from day to day, which will, in turn, provide you with more revenue. Your team cannot be effective in providing excellent care when they are bogged down by financial matters.
2. Reduced Administrative Duties by Outsourcing Medical Billing
Patient insurance eligibility verification is the first and perhaps most critical step in the billing process. That means your service provider has to be on the ball to obtain and accurately record all eligibility information. Our focus is on preventing denials and avoiding delays in payment by providing quality RCM services, which will boost revenue at time of service, save time on the back end, and also enhance patient satisfaction.
3. Medical Billing Outsourcing Enhances Cash Flow
By choosing Prime Care Billing to be your revenue cycle management company, you can boost your revenue potential as much as 30%. You will have more time for your patients and get paid faster without the need to invest in on-going training. We build clean claims, and our claim acceptance rate is 99.9%. In addition, we save you money by reducing claim processing intervals, sending daily billing and accounts receivable follow ups on already billed claims and sending out clean claims right away.
4. Reduce Billing Errors by Outsourcing Accounts Receivable
Prime Care Billing will ensure that all your claims are accurately submitted within a timely manner. We can help reduce the number of rejected claims and provide feedback to help you maximize your reimbursements.
5. Outsourcing Billing Helps Improve Patient Satisfaction
When you reduce the burden placed on office staff, then you can increase productivity, efficiency, and employee morale. Your patients will have a direct line of communication with Prime Care Billing customer service who are patient and kind when answering patient billing questions.
6. Secure Patient Data
Information on a medical file is 10 to 20 times more valuable than other types of digital data. When you outsource to Prime Care Billing, you will have experts invest the money to protect patient information and ensure that the chance of a data breach is minimal.
7. Ensure Billing Compliance
Prime Care Billing will help you stay up-to-date on compliance and regulation. The health care industry is ever-changing, and we can help with that.
Get In Touch for RCM Services
Prime Care Billing is a well-known medical billing company serving different organizations ranging from large healthcare centers to small practices. Whether you’re a bustling healthcare center or a specialized solo practice, our expertise is your gateway to streamlined revenue cycle management and maximized revenue.
