Changes in coding and billing, along with unmanaged receivables and staff turnover can negatively impact your monthly and yearly revenue. Practices who hire MacPractice Billing Service are boosting billing to recoup more money with professional help. MacPractice Billing Services will strengthen your bottom line with professional revenue management, claims billing, and receivables management at competitive prices.
Many practices are turning to billing services like MacPractice Business Services because hiring professional help with their revenue cycle management actually saves them money over hiring an additional employee. In addition to direct help with revenue cycle management, MacPractice also provides ongoing training and mentorship to current staff, so that your current employees are enriched and improved by working with a team of billing and software experts.
You'll also save money by avoiding the need to hire and train a new biller as a staff member. According to Society of HR Management, the average cost for each new hire is $4,129 - not including benefits. It will also cost you valuable time. When you hire MacPractice Billing Services, you'll avoid costs while working with fully trained, experienced staff with expertise in coding and billing in a variety of specialties. You'll also save the cost of continuing education fees, training, equipment, and user license fees for software. You'll get an entire team for less than the cost of one new hire. A team of supervisors and managerial staff monitor your account and your practice is assigned a primary and secondary billing representative to handle your account with continued coverage, even if the primary rep is out of the office.
Specific services include sending paper and electronic claims, following up with insurance denials, claim appeals, posting insurance and patient payments, rectifying any past A/R, and sending out statements. Our expert billers also have dedicated insight into working with ICD-10 coding and excellent knowledge of medical terminology required for posting. Billers are competent in HIPAA compliance and securing office data.
Find out if your billing system is working properly. Talk to a billing expert for a free practice evaluation. Whether you need temporary or permanent assistance, we have a flexible plan that's right for you.
To learn more about how hiring MacPractice Billing Service can save you time, energy, and money, visit MacPracticeBusinessServices.com.