Focus on providing best healthcare service

For a physician focused on attracting patients to their healthcare facility and providing the best healthcare service to the patients, it may get cumbersome to effectively run the tedious process of billing side-by-side. As a result, either the quality of patient care could go down or the billing and coding procedure would not run smoothly leading to errors and consequently claim rejections. On the other hand, by providing the patients the best service you have to offer, your medical facility will buy lifelong patient loyalty and might even earn many referrals as an add on.

Good utilization of EHR

Medical billing and coding companies that are authorized to access Electronic Health Record can make the most out of it. Among other benefits, EHR leads to complete documentation and reliable prescription thus preventing under coding which can seriously damage a healthcare facility from compliance perspective.

Updated knowledge of changing codes

The American Medical Association publishes the CPT coding manuals annually with numerous additions, revisions and deletions of the previous codes. Outsourcing medical billing and coding will free you from that burden since the outsourced billers have up-to-date knowledge regarding the changing CPT codes, current regulations and procedures and can provide you with work that is free of errors as well as time and cost efficient.

Error-free, time and cost efficient work

Medical billing companies are specialized to submit accurate, error-free medical bills and file the claims on time to avoid denials. They’re updated with the prevalent regulations and recently published coding manuals, therefore not only a lot of time is saved there but the chances of mistakes are minimized. In addition, lesser expenses are incurred leading to increased revenue for the company.

Increased revenue for the company

Hiring, training and maintaining an in-house billing team, office furniture and supplies, hardware and software will increase your expenses by hundreds of thousands on an annual basis whereas you only pay the medical billing company to carry out the basic operations.

Outsourcing the medical billing and coding process in the United States is on the rise. According to a report published in 2019, US Medical billing outsourcing market size is poised to reach USD 7.8 billion by 2026. The figure is projected to reach USD 23.1 billion by 2027 by another report. In the wake of the loss of revenue for medical healthcare facilities caused by the hesitation of patients to visit out of fear of contracting coronavirus, medical billing and coding companies are supporting medical facilities by offering discounted packages which contribute towards cost minimization as opposed to maintaining an in-house billing and coding personnel.

As a medical facility or solo practitioner, 2021 is the best year to jump on the bandwagon and outsource your medical billing and coding process.

At Avernus Medical Billing, we specialize in providing Medical Billing and Coding Services all over USA with the help of certified professionals who will ensure that your work is billed and charged, minimizing the risk of losing income and federal non-compliance.

Call us at at +1 817-989-6949 or send us a mail at info@avernuscorp.com and we will be eager to serve you.