Outsource Medical Billing
Medical practices and medical professionals often debate whether they should do their billing in-house or whether they should outsource their billing to a medical billing service.
At Vitruvian MedPro, a Massachusetts Medical Billing company, we believe that by outsourcing their medical billing, medical practitioners will benefit by having more time to provide patient care. By eliminating the worry of having to process their medical claims, medical practitioners can devote all their time to provide patient care. Moreover, medical practitioners can grow and expend their book of patients. Outsourcing to a company with a high level of expertise in medical billing and medical coding will increase collections and provide stability to the financial workflow of the practice.
Medical Billing Companies provide another advantage to medical practitioners as they are on top of all the new regulations related to the medical billing process. Following all the new changes and regulations can distract a medical practice from concentrating in providing care. A medical billing services can integrate the new changes and regulations to the practice’s billing workflow without disrupting the day to day operations of the practice.
Practices that do their billing in-house have to hire staff which becomes an additional expense to the practice. Furthermore, doing billing in-house will add costs related to software implementations, employee training and employee turnover. It has been proven that medical practices save money by outsourcing their medical billing as it the overhead costs to run the practice.
At Vitruvian MedPro we work with medical practices of all sizes with any aspect of their revenue cycle management. Besides billing, we can help practices with their coding, account receivables and make sure that practices receive the highest reimbursements from the insurance companies.
We are currently offering a free practice analysis to help medical practitioners determine whether it makes sense to outsource their billing.