All Medical Billing, LLC
"All Medical Billing, LLC for all your billing needs"
"All Medical Billing, LLC for all your billing needs"
| Benefits of Outsourcing |
Improved billing performance in spite of continuously reduced fee schedules,
growing billing complexity, frequent audits, and payer consolidation into larger
networks.
Outsourcing vs. employee:
* Outsourcing is cheaper
* Save money on payroll taxes, healthcare benefits and retirement plans
* Gives you extra time to focus on patient care and/or practice development
* Reduces your operating costs
growing billing complexity, frequent audits, and payer consolidation into larger
networks.
Outsourcing vs. employee:
* Outsourcing is cheaper
* Save money on payroll taxes, healthcare benefits and retirement plans
* Gives you extra time to focus on patient care and/or practice development
* Reduces your operating costs
Paper • 40-60 turnover time • 35% rejections due to clerical errors • Cost of a claim - around $7 • time on claims - 10 minutes |
Electronic • The average rejection rate of the electronic claim is only 2% • Electronic claims are considered priority and are paid between 7-21 days. • Following up to insurance companies by your staff is drastically reduced. • The electronic claim saves you an average of $7 each to file • Processors need not re-key your claim into their system, which reduces adjudication error |
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