Medical practitioners might not have sufficient time and resources to perform the medical billing and coding work in a proper manner. In addition, U.S healthcare regularly updates the coding regulations to improve the industry standards.
“There is tremendous opportunity currently in the healthcare outsourcing vertical and as of June 2010 we are ahead of business plan and confident we will meet our budgeted growth along this specialized vertical this year."
If you are like most medical providers, you probably never had the time to work out the comparison of outsourcing your billing vs. doing it in-house. Below is a quick analysis of potential savings by outsourcing your billing needs.