Florida Medical Billing Outsourcing Services
As a health care professional, you understand the complexities of medical billing and how time-consuming it can be. Every claim requires careful attention to ensure accuracy and enable maximum reimbursement for your services.
You may have in-house medical billing staff or manage these tasks yourself. Another option is to outsource medical billing. Outsourcing allows you to preserve more time and resources for your patients and growing your practice.
If you want to learn more about our medical billing services, please contact us. Our coding experts are based in the United States and certified by the American Academy of Professional Coders.
Types of Medical Billing Services You Can Outsource
You can outsource nearly all of the components of revenue cycle management, including the stages of medical billing. For instance, we offer the following services:
- Charge capture: We review every patient encounter and assign the most current codes and modifiers for the highest reimbursement amount.
- Claims submission: We promptly submit each claim to insurers to ensure you get paid as quickly as possible.
- Denial management: We review and correct rejected claims for a successful resubmission. We also identify trends and provide guidance to help prevent future denials.
- Accounts receivable: We can handle every aspect of accounts receivable for you, including claims follow up, appeals, reconsiderantions, and resubmissions.
- Reporting and analysis: Every month, we’ll provide a billing performance report to give you a clear and comprehensive picture of your practice’s revenue cycle.
If you need a medical billing service not listed above, let us know. We tailor our services to our customers’ needs and can find a solution that works for you.
Increase your Revenue Today!
"*" indicates required fields
Reasons to Outsource Your Practice's Medical Billing Services
It’s worth considering outsourcing medical billing tasks for the following reasons:
Increase Revenue
A medical billing outsourcing company employs coding experts. These professionals understand complex coding systems and various payer policies. This knowledge allows them to ensure claims are completed accurately to obtain full reimbursement for health care services.
An outsourcing company also follows up with insurers continually until reimbursement is received, leading to a boost in overall revenue. For example, our experts typically increase a practice’s revenue by 20% within 90 days.
Reduce Overhead
By outsourcing medical billing, you’ll remove the need to hire, train and retain billing staff. That means you’ll save time and costs related to:
- Recruiting and training employees
- Providing employee salaries and benefits
- Creating more office space
- Purchasing furniture, equipment and billing software for staff
With an outsourcing company, you’ll have access to highly skilled and trained medical billing experts without needing to handle any of the responsibilities of being an employer to these individuals.
Utilize Expertise
There are thousands of medical codes to know to complete billing requirements. For example, over 10,000 Current Procedural Terminology codes are used to describe medical services, and this system is ever-changing. The coding process can be overwhelming to someone who is not an expert.
When you outsource, you can be sure every aspect of medical billing is handled with accuracy, timeliness, experience and current knowledge.
Improve Patient Care and Satisfaction
Successful medical billing requires intense focus, careful attention to detail, dedication to ongoing learning and plenty of time. When outsourcing medical billing rather than doing it on your own, you do not have to spend your time and energy on complicated administrative tasks. Instead, you can enjoy a reduced workload and focus on patient care, increasing patient satisfaction and promoting your practice’s success.
A Medical Billing Outsourcing Company You Can Trust
Choosing an outsourcing medical billing services provider in Florida is a major decision. It’s crucial to select a company you can trust to handle your practice’s revenue cycle.
At ProMD Medical Billing, we ensure you can depend on us to manage every stage of your revenue cycle with expertise and careful attention. We can also integrate with your existing billing system, so you do not need to purchase new software or retrain staff when you partner with us.
Complete our online form or call us to learn more about our medical billing services.