Jennyvergeese1111
Uploaded on Aug 7, 2020
Category
Health & Medicine
At 24/7 Medical Billing Services, as a part of an on-going promotional offer, we are providing free insurance credentialing to doctors, hospitals, and small practices who partner with u as a part of the medical billing services. We verify and update the credentials of healthcare providers with insurance companies at regular time intervals. Credentialing serves as an effective medium to be recognized by insurance companies and get paid by them for the services rendered to patients.
Category
Health & Medicine
Common challenges faced by Physicians and Practitioners with Medical Billing
Common challenges faced by Physicians and
Practitioners with Medical Billing
http://www.247medicalbillingservices.com
Common challenges faced by Physicians and
Practitioners with Medical Billing
What is Medical Billing?
Medical billing refers to the process of filing and following up
on claims with health insurance companies / providers in
order to receive payments for the healthcare services
rendered to patients by the practices / physicians. Medical
billing serves as an effective channel between medical service
providers and insurance companies.
Need of Medical Billing Services
With time, as the medical practice scales to new heights and
grows, medical practitioners, doctors, and healthcare
providers would need to delegate the medical billing task by
hiring an in-house team of experts or outsourcing the task to
a medical billing service provider.
http://www.247medicalbillingservices.com
Common challenges faced by Physicians and
Practitioners with Medical Billing
Cons of In-house Medical Billing:
In-house billing refers to the process of handling all the
medical billing aspects by a medical practitioner’s own expert
in-house team.
However, keeping everything in-house has a lot of
disadvantages.
1) Highly Expensive
2) Support Issues
3) Liabilities
http://www.247medicalbillingservices.com
Common challenges faced by Physicians and
Practitioners with Medical Billing
Benefits of Medical Billing Outsourcing:
1) Boost in revenue generation
2) Compliance with ICD-10
3) Saves money
4) Improved focus on patients
5) A/R follow-up
6) Denial management
7) HIPPA Compliance
8) Reduced Billing Errors
24/ Medical Billing Services has been in the industry for more
than 12 years now & We have been offering end-to-end Revenue
Cycle Management services for huge practices & multi-specialty
clinics.
http://www.247medicalbillingservices.com
Common challenges faced by Physicians and
Practitioners with Medical Billing
About 24/7 Medical Billing Services:
24/7 Medical Billing Services is the nation’s leading medical billing
service provider catering services to more than 43 specialties
across the entire 50 states. You can rely on us for end-to-end
revenue cycle management. We guarantee up to 10-20% increase
in the revenue with cost reduction of your practice for up to 50%.
Call us today at 888-502-0537 to know more on how we
can help boost profitability for your practice.
Media Contact –
24/7 Medical Billing Services,
16192 Coastal Hwy, Lewes, DE – 19958
Tel: + 1 -888-502-0537
Email - [email protected]
Website – www.247medicalbillingservices.com
http://www.247medicalbillingservices.com
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