As a doctor in private practice or a clinical office manager, choosing to outsource all your medical billing in Los Angeles has several significant advantages. Most of the larger clinics and practices already choose this option as it allows one specialized service company to handle the entire process from coding to appealing a claim denial, as well as everything in between.
When medical billing in Los Angeles is handled by a third-party, it frees up your staff to focus on keeping your office running smoothly and efficiently. The top companies offering medical billing in the city will even work directly with the clinic or doctor and patient to have pre-approval and authorization as well as breakdown just what insurance covers and what patients will have to pay out of pocket.
Fewer Errors and Omissions
When you select a reputable, experienced company offering medical billing in Los Angeles there will be fewer errors, mistakes and omissions on paperwork for claims. These people know just what the insurance companies need and want to see on the claims forms, something that office staff may not if they don’t routinely handle claims for that insurance company.
If there is a mistake, errors can be very quickly corrected and resubmitted electronically, minimizing any delay in payment.
Current Practices
All companies offering medical billing in Los Angeles have to be fully up to all regulations, including HIPPA requirements and other specialized requirements. It isn’t uncommon for the rules of claims to change, or the forms required by the insurance company.
When office staff isn’t aware of these changes or hasn’t been able to make it to a professional training, delays in payment to your office may be a reality. Not only does this create a problem for cash flow, but it also impacts the additional time your staff has to spend in trying to correct the problem.
Better Returns
When office staff handles medical billing in Los Angeles, they get paid based on their typical hourly rate. When a third-party handles billing and collections, they get paid based on what they actually collect. This provides an incentive to strive for 100% collections, something that is exceedingly rare when handled out of a medical office.
With third party medical billing in Los Angeles, you have the full advantage of a team of trained professionals to address any denials or issues that arise in the claims process. This level of professional service is just not possible with one or two in-house staff working on billing.
