Preventing billing mistakes with help of ohio expert billers
- 1. Call now 888-357-3226 (Toll Free)
info@medicalbillers.com
www.medicalbillersandcoders.com
Copyright ©-2014 MBC. All Rights Reserved1
Preventing Billing Mistakes with Help of Ohio Expert Billers
Practices in Ohio need to consider their medical billing strategies if they are above four per cent
denial rate. Claims denials are mainly caused due to billing mistakes, coding errors and issues related
to input oversight. Mistakes in billing result in delayed payments affecting the revenue cycle of
practices. Many providers in Ohio have chosen to outsource their billing requirements to expert
billing partners. This trend has gone up due to the rise in payment cuts and changes in the billing and
coding regulations.
Providers in Ohio have been able to increase their cash flow and enhance the efficiency of their
revenue cycle through outsourcing. Having a dedicated team of expert Ohio billers saves them time
and money. Since, complex billing and coding tasks are handled by an experienced team; providers
get adequate time to focus on quality care.
All medical practices lose around 25-30% of their income due to improper billing
Denial rate for a high performing practice remains below 5%
Approximately $25-30 is spent on managing the average denial
Need for an All-inclusive Billing System
Medical practices need a comprehensive billing system in order to avoid billing mistakes. This system
should include the following:
Clear policies and processes to handle claims denials
Regular update of processes to avoid recurring errors
Periodic audits for areas that need improvement
Close monitoring of the denial rates
Payer and medical industry research for identifying changes and opportunities to prevent
billing errors
Streamlined processes for insurance verification, regular reports, complete documentation
Considering the lack of time and money, physicians in Ohio have hired billing partners like
MedicaBillersandCoders.com to sail through their revenue challenges. MBC has an experienced team
of billers and coders who are well trained in offering specialized billing services. These services can
be customized as per the needs of the clinic or hospital management. With the help of expert billers at
MBC, physicians in Ohio medical billing have maximized their revenue and managed to minimize the
claims denials.
- 2. Call now 888-357-3226 (Toll Free)
info@medicalbillers.com
www.medicalbillersandcoders.com
Copyright ©-2014 MBC. All Rights Reserved2
Why Practices Need an Expert Billing Team?
Practices in Ohio have been able to save around 60% on their current cost by outsourcing vital
services like coding and billing
Providers can save on healthcare infrastructure, time and workforce expenses if they seek
assistance from Ohio expert billers. It will eliminate the need to invest in expensive technology
and software because the billing company takes care of all the management needs
As the revenue cycle is taken care of, the physicians and healthcare staff can dedicate their
time and energy to enhance the level of patient care. Gradually, this will improve the efficiency
and productivity level
By outsourcing, it has become easy to get important revenue-related tasks completed ahead of
schedule. This ensures timely payments to practices
Physicians can get complete access to the healthcare reports anytime they want
Outsourcing has improved the business performance for practices in Ohio. It has also increased the
levels of profits and productivity, boosting value and giving practices an edge over the others.