Professional billing services can be lifesavers for many clinics and doctors, as insurance billing, billing compliance, and appeals become more complicated and time consuming every year. Many doctors are finding it harder to hire and retain experienced billers in-house, and are tired of constantly having to be in “training mode.” This webinar will explore the topic of whether you should consider using a professional billing service. And if you already outsource your billing, are you getting the best value for the service you are receiving?
In this hour, we will discuss the details, as well as the pros and cons of different types of billing companies, and how their services and costs are structured. You will be given a “vetting” list of questions to ask and items to investigate when choosing a billing service. We will discuss the affordability of billing services. And finally, we will discuss whether turning over your billing operations to an outside company is something you would personally be comfortable with.
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Why is the Discount Challenge prize amount $15,024? Because that is the average “per-occurrence” fine for Medicare inducements. That’s not $15,024 per patient, that’s not per provider, that’s PER VISIT. Stinks, doesn’t it? To us, the prize amount is worth the investment if we can help our profession better understand proper discounting.