1. Presented by BillingParadise Why Medical Billing In-House is
No Longer A Good Idea ? !
2. Are you a healthcare provider who thinks outsourcing is a
dirty word ? 3. Someone who feels scared of working with faceless
names? 4. A recent study by MGMA will set you thinking 5. According
to the research carried out by Medical Group Management Association
outsourcing billing proved to be highly beneficial for medical
practices. 6. 73% of practices reduced their days in AR and
increased revenue. 7. 59% of practices saw a reduction in denied
claims process . 8. 59% of practices said they now had improved
access to reporting and analytical tools. 9. Medical practices
spend almost 15% of their collections on billing alone. 10. Compare
that to the 7% a billing company charges and youll know why it
makes sense to outsource. 11. The fact that most off site firms
work 24/7 saves medical practices the 16 hours they usually lose in
a typical 8 hour workday. 12. This is no groundbreaking revelation
but now it is more clearer than ever that an in-house billing team
is not going to be as effective as an outsourced one. 13. To ramp
up your medical billing process call BillingParadise or visit
www.BillingParadise.Com
