Why Outsourced Medical Billing Offers More Benefits Than Ever Before

Demand to rise 168 percent over next eight years as more physicians outsource billing

More physicians and medical practices are choosing to outsource their medical billing. According to a recently released report by Grand View Research, Inc., the demand is expected to result in the rapid growth of the medical billing outsourcing market — from $6.3 billion in 2015 to $16.9 billion by 2024 — surpassing demand for in-house billing.

This new data echoes similar 2014 research that found that Continue Reading →

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Medical Billing for Private Practices: Don’t You Want to Get Paid?

You know medical billing is a crucial part of your private practice, but why exactly, is it so vital? There are many reasons that all boil down to the same thing: it’s a matter of survival.

The majority of patients do not pay in full for private practice office visits with cash. Sure, some patients may pay copays by credit card before they leave your office but, in most cases, you must bill the individual’s insurance company for reimbursement for services ...

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