“Should You Outsource Your Medical Billing”
My buddy Chris over at Software Advice recently penned a post, “Should You Outsource Your Medical Billing,” which I blogged about recently. He has a follow-up article on selecting a medical billing service which I also wanted to mention.
The first article compared outsourcing the revenue cycle management process to managing that function in-house with medical billing systems. Assuming you go for the former option – outsourcing – this post will help you make the right choice of medical billing service companies.
How can a provider tell the difference between a fly-by-night medical billing company and one to which they can hand over their patient’s medical information with confidence? If a physician knows what criteria by which to judge a medical billing service, they’ll be able to select a company that will significantly decrease their time spent on billing issues and increases their time spent on patient care.
To choose correctly, a provider will need to evaluate these five key criteria when choosing a medical billing company:
- Level of service;
- Industry experience;
- Use of technology;
- Pricing model; and,
- Capacity to take on new clients.