Benefits of Outsourcing Medical Billing and Coding
- A minimum of 30% outstanding A/R will be collected
- Increase reimbursements by a minimum of 30%
- Accelerate cash flow – most claims are paid within 14 days.
- Claims are virtually pre-approved for payment – rejection rates
less than 3%
- HIPAA and OIG compliant
- Target 100% collection- Review of EOB and immediate follow-up on unpaid claims & appeals
- Reduce Management time for Doctors
- Fewer staff problems because fewer staff is required
- No maintenance of hardware/software/technical issues or dealing with
backups
- 100% of claims are submitted electronically every day which accelerates
cash flow
- Reduce processing cost by up to 60%
- Elimination of patient calls for billing issues (Hiisight looks after
this)
- Elimination of missed charges through daily tally schedule
- Negotiation of better rates with Insurance Companies on behalf of
Doctors & Analysis of insurance companies allowable amounts
- Full time professional attention to the billing process
- Increased patient satisfaction (prompt, accurate)
- Easy to understand invoices means response rate goes up by 400%
- Reduces burden on staff so it enhances patient care
- No upfront fees to start
- No hidden costs
- Eliminates backlog
“They saved our practice from closing due to poor billing practices
by our previous billing company.”
A Q., M.D.
Physician Billing of Houston took on all of our new billing as well
as our past due billing. Without their help and the services they provided
us, we would not be able to be the productive practice that we are today.
Dr. A.A.K., M.D.,P.P.A.
“Out sourcing to Physician Billing of Houston was much easier,
informative, efficient, tax deductible and reliable. And it was one of
the best decisions I have made this year; I highly recommend your organization.
J. J. D.. M.D., P.A.
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