Medical Billing and Coding is becoming more popular nowadays as the new practitioners need help for their Claims processing and Benefits Verification to enable and smoothen their Cash flow, which keeps their business running. You can have a brief look at the Revenue Cycle Management well explained on my site: www.redenginesystems.com

1. A perfect solution to Practice management needs
A Guide to Outsourced
Medical Billing and Coding Services
Presented By
Denise Miller

2. Topics Covered
• Why Outsourcing?
• Increased productivity
• Complex nature of the task
• Knowledge and expertise
• Flexibility
• Integration with your existing system
• Cost effective

3. Why Outsourcing?
• In today's world, a doctor or
practitioner no longer simply
treats illnesses or diseases but
has to be involved in a
plethora of administrative
work to ensure that he gets
paid for doing his or her real
job of treating people.
• The huge array of health
insurance companies and their
policies has made revenue
cycle management and billing
an extremely important part
of every doctor's practice, if
only to ensure proper cash
flow within the business.
• While this may seem simple
enough up front, the sheer
number of forms and other
factors that go into getting
their claims often leaves
the doctor with little
time to do his or her
real work, which is
treating patients.
• Hence, to reduce this burden
and pressure on doctors,
medical billing services have
become extremely popular
today.

4. Increased Productivity
• Outsourcing will not only help
ensure that you get it done on
time but will also help you do
what you love doing best.
• Medicare claims processing or
any other claims processing can
seem simple but they are
actually tedious and time
consuming, which often leaves
doctors with very little time to
do their own work.
• Most of the Cash Flow which is
essential to sustain a Healthcare
business is dependent on such
claims and thus cannot be
ignored at all.

5. Complex Nature of the Task
• However, in order to avoid
such huge losses, it is always
better to seek expert
assistance and be assured of
error free cash flow.
• Medicare claims processing or
any other claims processing can
seem simple but they are
actually tedious and time
consuming.
• If a doctor with no knowledge,
himself files a claim, it could get
REJECTED.
• Which will also cost him/her
millions of dollars due a single
silly mistake.

6. Knowledge & Expertise
• Let it be benefits verification, Medicare
claims processing or any other service
that you require under coding and billing
hiring people who are experts and
knowledgeable in that regard is always
your best bet.
• Given that it is their chosen field of
work, they will be abreast about the
regular changes and other modifications
that occur in the field, which will make it
easier for you to ensure that your claims
are cleared and payments are made on
time.

7. Flexibility
• Medical billing services
are flexible.
• That is what makes them
unique.
• Reason why, these service
providers can actually
offer you customized
services and product to
meet your need in the
best possible way.

8. Integration with Existing Systems
• They will surely take care about the integration of the software
used for billing and coding as per your existing systems and
standards.
• In this manner, you need not to invest more on the excessive
cost of new hardware and software.

9. Cost Effective
• As discussed in earlier slide, the most important reason why
you should opt for outsourced coding and billing is that these
services are extremely cost effective.
• But the scenario would be different if you wish to do your
Billing and coding on your own.
• Outsourcing is the best option to opt
for in order to save time as well as
money.

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