Outsourcing medical billing services will avoid overbilling, make claim submission faster, and maximize your cash flow. mgsi is the best solution for all your medical billing services

1. Why do You Need a
Medical Billing
Company for your
practice?

2. Introduction
 Medical Practices and Physicians are always engaged with patients and
patient care; Physicians and staffs in the healthcare facilities are always
busy already wearing multiple hats and handling various necessities for
the patient.
 It can be difficult for them to take the time out to handle Medical
Billing which requires undivided attention, leading to a lot of dips and
lags in the billing process affecting the practice revenue.
 Having a Medical Billing Company to handle your back office task and
help achieve your financial goals can be the best solution.
 Furthermore, there is a multitude of benefits in choosing to outsource
to a Medical Billing Company as discussed below.

3. •Medical Billing
Outsourcing takes away the pain
points off your shoulder and
provides the Practice with
seamless solutions to the complete
Revenue Cycle Management
Services.
•They have the required analytical
tools and process to identify
challenges and loopholes affecting
the billing process and
reimbursement and a streamlined
approach with an experienced
team to fix them at once with very
minimal supervision or
involvement of the Practice staff
or physician.
Eliminate Pain Points:

4. Reduces Overhead Costs:
•Outsourcing to a Medical Billing Company reduces the overhead
cost and standardizes the monthly expense on the billing process
based on the collections.
•This method seems to be more approved to many practices and
physicians as they end up spending only a certain percentage of
what they collect and gain a good profit compared to how
inexplicable the expense are with In-house billing.

5. Quality Medical Billing and Coding Services:
•Quality of Medical Billing Services by staffs at
established Medical Billing Companies have always been above
the standard quality metrics.
• The exposure that the Medical Coders and Billings receive by
handling various clients of different specialties and handling
claims of all types and scenarios make them experienced and
expertise to submit claims accurately and ensure maximum
reimbursement.

6. Increased Revenue:
 Medical Billing Outsourcing helps the financial
growth of the Practice by quality claims processing
resulting in a higher first pass rate and maximum
reimbursement.
 Reduced denials and efficient AR follow up and denial
management process ensure all claims are paid with no
backlogs. Constant checks with a fee schedule to keep
up with the charges and stay a top by collecting all due
money for the practice.

7. Compliant to secure PHI:
 Medical Billing Companies abide by HIPAA
Compliance and other regulatory measures to ensure
the patient’s health information is safe and secured.
 Medical Billing Outsourcing helps practices and
physician’s rest assured and focus on their core activity
as they leverage on the external support for their
business and financial growth.
 The growth of numerable Medical Billing Companies
and the increasing trend of Medical Billing
Outsourcing is by itself a testament on the very need
for Medical Billing Outsourcing.

8. About MGSI
 MGSI is a 25+-year-old national Medical Billing
and Revenue Cycle Management Company located in
Tampa, FL with cumulative years of expertise serving
more than 600 physicians across the US, MGSI has the
latest tools in place to experience working on multiple
Medical Billing Software.
 A multi-specialty Medical Billing Company
guaranteeing maximum benefits and Cost Effective
Revenue Cycle Management Solution.

9. To know more
about MGSI call
877-896-6474 or
login to Medical
Billing Companies
in Florida | MGSI,
LLC
(mgsionline.com)