When you consider the advantages of outsourcing, you'll realize there's a lot to gain by using it as an intrinsic part of your business strategy.
Medical billing service business must boost your reimbursements. In fact, a medical billing service should be more efficient and effective at medical billing than your own office. A medical billing company should allow you and your personnel to focus on practicing medicine.
Billing Paradise medical billing service will allow you to save on overhead expenses such as salaries, payroll taxes, benefits, and printing/office supplies. You will not need to invest in expensive billing software or train your staff every time there is a software update or change. You will eliminate all worries about billing staff turnover.
According to a recent article in Dermatology Times, a claims adjustment rate with a value between 20% and 35% is considered good and acceptable. Our account executives have an average of eight years in medical billing at Preferred Health Resources. Their knowledge, ability, and dedicated follow-up are why at PHR; our adjustment rate is consistently low, as low as 12% with Medicare. At PHR we achieve A/R rates for our practices that are higher than the industry average. Simply put, you and your medical practice will get a higher average return on your processed claims.
Our clients decrease their back office expenses by using our Practice Management Software package. All you need is a PC and access to the Internet to get to your management information. Our Practice Management Software is all-inclusive, even our Palm/PDA billing application is part of our standard service. There are no costly software updates or training fees and even hidden costs or additional charges to get access to information about your medical claims.
Practices lose thousands of dollars each year due to untimely filing and inexperienced staff. Our focus is to provide you with maximum reimbursement for your services by making sure that your insurance claims are billed correctly, the first time itself. Our staff will work like an extension of your staff, that is, they will work with your staff to achieve maximum reimbursement for you.
Billing Paradise Medical Billing Service offers you:
• Maximum reimbursement of your claims.
• Collection on your aged accounts receivable.
• Electronic processing of medical claims.
• Significant reduction in your practice cost and dramatic improvement of your cash flow.
• Guaranteed satisfaction.
In addition to processing your claims, our staff will be alert at spotting any problems in your office with regards to proper preparation and delivery of billing information. This extra care assures you that no matter how hectic your office becomes there is someone watching the financial end of your practice.
With rapidly changing billing needs and regulations, our staff provides security and confidence that, at all times your financial interests are being given full attention they deserve, so that you can focus on what you do best i.e. providing quality healthcare.
Billing Paradise Medical Billing Service strives to develop long-term relationships by earning trust through dedication and results. We hope that we have the opportunity to provide our services to you.
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