Medical Insurance Billing Bulletin
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if you are not outsourcing,
you are not in control

Account receivable is the most valuable asset of your practice, if not managed properly it could cause huge financial burden.

A new era has arrived for the medical practitioner -- an era that will require a reduction of expenses to insure survival and profitability into the next decade. In an effort to curb runaway costs, many practitioners have begun to explore the outsourcing of traditional office procedures. That is, hiring service bureaus to perform office procedures that would normally be done by in-house personnel.

how common is outsourcing?

In a recent survey of businesses with less than $5 million in sales, 53% fo the respondents said their companies now outsource one or more traditional office procedures. The most popular areas for outsourcing are payroll, patient billing, administration of employee benefits and maintenance services. Service bureaus can perform these functions more efficiently and economically because they are specialists in these areas.

benefits of outsourcing