Outsource medical billing With Bikham healthcare. Bikham is one stop solution for DME medical billing, Lab medical billing, Laboratory medical billing, Cardiology Medical Billing, Dental Medical Billing, ORTHOPEDIC Medical billing, oncology Medical billing, Physical therapy Medical billing, Chiropractic Medical billing, Radiology Medical Billing, Emergency room billing. for More visit us on https://www.bikham.com

1. Outsource Medical Billing
Presented by - Bikham Healthcare

2. Outsource Medical billing
While outsourcing is not a new concept,
it might be a tricky decision to
outsource medical billing. This is
because medical billing and coding go
hand-in-hand, and unless your service
provider is expert at identifying the
correct codes, it can result in the bills
coming out awry, thereby resulting in
large-scale losses. On the other hand,
when done correctly, outsourcing can
be a pain-free process giving you ample
amount of time to concentrate on your
core business strategies. Some of the
key reasons to outsource medical billing
include

3. Outsource Medical billing
1. Increased Control: It is a common
misconception that by outsourcing your
medical billing services you can lose
control over your business processes. In
fact many people feel that they have
better control over their medical billing
processes and the money involved due
to a trained and dedicated outsourced
billing staff. This increased control
directly ties in with your operational
benefits, which stand to benefit from
outsourcing.

4. Outsource DME Medical billing
2. Increased Revenues: By
outsourcing medical billing,
companies can save a lot of time and
money in terms of salaries, office
infrastructure, purchasing,
upgrading, and maintaining billing
software. With the reduction in
overhead costs, timely submission of
claims and increased
reimbursements will result in
increased revenues for the firm as
well.

5. Outsource Laboratory Medical billing
3. Better Safety: Outsourcing your billing
processes to a third-party service
provider is completely safe. Well-
established outsourcing companies
provide a very transparent billing
process. Most of the service providers
have a HIPAA-compliant and 100% secure
medical billing processes to safeguard
against any hacking attempts. Companies
need to have the assurance that their
data is kept confidential at all times, and
well-regarded outsourcing providers have
the desired security and infrastructure to
provide a safe haven for Laboratory
medical billing outsourcing operations.

6. Outsource Cardiology Medical billing
4. Changing Regulations: The rules and
regulations of the medical billing world
are constantly changing. Keeping up with
all the changes can be time consuming
and cumbersome for any firm. By
outsourcing Cardiology medical billing
requirements, the changes in rules and
regulations will be managed by the
outsourcing partner, as they would make
it a point to stay up-to-date with the
latest changes. This frees up time for you
to focus on other operational areas.

7. Outsource Dental Medical billing
5. Reduced Labor Costs: An average
company spends about 30-40% of their
collections on the Dental medical billing
process. By outsourcing these medical
billing tasks they can save a lot of
unnecessary costs. The need for hiring a
dedicated medical billing team is avoided
by outsourcing, as well as the money
spent on training them and keeping them
up-to-date with the latest regulations.

8. Outsource Orthopedic Medical billing
6. No Capital Investment: When a
company outsources Ourthopedic
medical billing it no longer has to buy the
billing software or any of the latest
equipment. The company has to no
longer deal with costly software upgrade
investments as well. As one does not
have to own a complete billing system,
the costs are greatly reduced, and in
many cases, they can get started easily
without any initial capital investments at
all.

9. Outsource Physical Therapy Medical billing
7. More Time for Patients: When the
Physical Therapy medical billing
processes are outsourced to a third-party,
health practitioners have more time to
concentrate on the patients rather than
spending time on their billing processes.
It makes good business sense to invest
your business time into your core
competencies like quality patient care
and outsource ancillary business
functions to service providers.

10. Outsource Chiropractic Medical billing
8. Access to Trained Specialists: Most
offshore service providers have trained
employees who are highly experienced
individuals and are well-versed with all
the business requirements of outsourced
Chiropractic medical billing and coding.
They review and follow-up all payments
and make sure all the carriers are paying
the right amount. Every outstanding
claim is tracked until it is processed and
the full amount is paid, thereby reducing
overheads.

11. Outsource Radiology Medical billing
9. Adherence to ICD 10: The latest
version of the ICD, i.e. ICD 10 is a rising
concern amongst the medical
community. The new coding changes
have had a massive impact on the time
management and payment outcomes for
health providers. Outsourcing Radiology
medical billing will mean that all the
coding changes brought in by ICD 10 will
be handled by the outsourcing company,
most of whom are already well-versed
with the sweeping regulations involved.

12. Outsource Oncology Medical billing
10. Happy Patients: For most patients, going
to the hospital itself is a time-consuming, and
in certain cases, a bad experience. Not only
do they have to come to terms with the
various medicines and care they need to
adhere to, but also understand the costs
involved. A knowledgeable and friendly staff
can ensure that your patients remain happy
throughout their stay, while all the financial
problems are handled by an expert service
provider. This means you won't have to harry
patients with financial matters and they can
deal directly with the professional medical
billing staff of the service provider. This helps
everyone to work more effectively and
efficiently.

13. Outsource Medical billing
Work Hassle-free by Opting for Bikham Healthcare Medical Billing
Outsourcing Services
The medical billing department at Bikham Healthcare ensures that all the
bills are submitted on time and with the correct information. We understand
the importance of entering the right information so there are no delays or
denials on behalf of the insurance provider. Our team is trained to
perform medical and coding related to patient demographics, CPT and ICD
codes with modifiers, etc.

14. Contact US
99 Wall Street #158,
New York NY 10005
HealthCare
+1-800-940-4943
Email Us: healthcare@bikham.com
Visit Us at: www.bikham.com
Bikham is one stop solution for DME medical billing, Lab medical billing, Laboratory medical billing,
Cardiology Medical Billing, Dental Medical Billing, ORTHOPAEDIC Medical billing, oncology Medical
billing, Physical therapy Medical billing, Chiropractic Medical billing, Radiology Medical Billing, Emergency
room billing. for More visit us on https://www.bikham.com