This document discusses the options of outsourcing medical billing versus handling billing in-house. It notes that most providers assume outsourcing billing makes the most sense to utilize expert resources, while others want to maintain control. The decision often comes down to costs and ability. Outsourcing can provide estimated annual savings of $76,000 according to statistics. While some providers feel current in-house billing is working well, taking a practice snapshot on the company's website could reveal areas being neglected. Outsourcing has proven to deliver higher net income while minimizing costs when doing an apples-to-apples comparison.

1. LMC PRACTICE MANAGEMENT,LLC – HOME OF THE FLAT FEE BILLING SERVICE
LMCPRACTICEMANAGEMENT.COM
Dear Doctor:
One of the manybusinessquestions providers face iswhethertooutsource theirmedical billingtoa
medical billingservice. Most providers assume outsourcingmakesthe mostsense. Afterall,they’re the
expertswiththe resourcestoproperlyprocessyourclaims.Othersfeeltheywanttomaintaincontrol of
collectionsanddoitall in-house. Some providershave beenseverelyharmedbyoutsourcing. Some
believetheirin-house billersare doingagreat job. The numbersare consistentmonthly,therefore
there isno reasonto believe otherwise. How doesa providerknow whatisbestfortheirpractice billing
needs?
An incompetentbillercan destroyyourpractice,while acompetentbillercangive youpiece of mindand
allowyouto focuson one thingonly,yourpatients. Whichdoyouhave? How can you tell?
For most,the decisiontooutsource boilsdowntotwothings: Costand ability. We have attacheda cost
analysisregardingin-house billingvs.outsourcing accordingto“PhysicianNews”. Clearly,outsourcing
can provided anestimatedsavingsof $76,000 annually,basedonthe size of yourpractice.
Do youbelieve yourin-housebillingisworkingwell foryou? Go to ourwebsite at
LMCpracticemanagement.com. Complete ourpractice snapshot. Thisinfowill give usaquickview of
howyour in-house billingisworkingforyou. We foundthat oftena providerbelievesall isgoingwell,
onlyto learnthatmuch is beingneglected. Numbersneverlie!
It isimportantfor a practice to factor intheirindividualcostsandpreferenceswhendecidingwhetheror
not to outsource theirmedical billing. Inan apples-to-applescomparison,outsourcinghasprovento
deliverahighernetincome,while minimizingcosts.
Retainingaccessandcontrol isoftenof great concernfor manyproviders. LMC usesyourdatabase by
logginginandworkingfromyour software. Thisallowsyoutooutsource,while maintainingcomplete
transparencyandaccess to yourbillingsystem.
Outsourcingoffersenhancedconsistencyasyouroutsourceriscontractuallyobligatedtoperform
certainservices,suchasappealingdenials,foryouwithacertainlevel of success. Plus,youneverhave
to worryabout staffing,since it istheirjobtosupportyour needsyear-round.
As billingspecialistsformore than25 years,we know we can be of great benefittoyourpractice. Please
feel free tovisitourwebsite,complete the practice snapshot,andwe willsetupa time tospeakto you
furtheraboutyour practice needs.
We lookforwardtohearingfromyou!