Making the switch between in-house billing and outsourced billing isn't as difficult as you realize. There are several key differences between the two that indicate outsourced billing carries more advantages. At Mediclaim, we work hard to ensure your billing services are as smooth as possible. Here are five differences between in-house and outsourced billing.
Outsourced billing is more productive than in-house billing. That's because your in-house billing team is usually given other tasks, too. They're not devoted solely to billing services.
Outsourced billing services are. Their entire business is devoted to making billing as easy as possible. They also have more employees able to work with your billing systems than typical in-house staff.
If you want your billing done on time and processed faster, then outsourced billing is the way to go.
The best medical billing services in PA come from outsourced billing. That's because experts in billing and healthcare finances are hired. They have the budget to spend on experts while in-house staff relies on employees that are trained for the job.
With expertise comes better accuracy and compliance. Fewer mistakes mean less time wasted for everyone involved.
Outsourced billing saves you more money. For one, you don't have to worry about the start-up costs with in-house billing. Your employees can be better suited in other positions. You don't have to worry as much about having the best software to keep your billing system private.
Outsourced billing also earns you more money. Because they're more productive, accurate, and faster at their jobs, more bills are sent out. With more bills being sent out in a day, you receive your money faster.
While some may think that in-house billing has an advantage when it comes to patient communication, that isn't the case. In-house billing is too busy to handle several calls from patients. Outsourced billing has the time. Their main goal is to provide a great service to you. And since your patients are important to you, then they are also important to the billing service.
One difference between in-house and outsourced billing that leans in the favor of in-house billing is an oversight. Because the billing occurs in your facility, you can handle problems yourself.
With an outsourced billing service, you leave most of the problems for them to handle. Communication is always happening, but it's not as direct as in-house employees.
Outsourced billing and in-house billing have several differences. At the end of the day, outsourced billing has more advantages over in-house billing. If you're interested in making the switch, then give our team a call today.