Medical offices are in the business of providing high quality medical services, not in the billing business. But consider this: doctors may see 20 patients a day. In a typical five-day week, that adds up to 400 patients each and every month.
For each and every one of those patients, a doctor must enter data, document everything, file claims, respond to denials, chase down deductibles and overdue payments – it’s small wonder that a practice can easily get overwhelmed with the drudgery that keeps physicians away from what they do best. As a result, money gets left on the table. Research reveals that:
- 25% to 30% of all medical practice income is lost as a result of improper billing.
- 59% of in-house billers do not receive EOBs
- 55% of in-house billers have never appealed a denied claim
Imagine how much more profitable you could be by outsourcing your billing function to a specialist like MedIT. We bundle everything into one comprehensive package with one low predictable monthly rate based on the amount of your collections. And, we DO NOT outsource our operations overseas.
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