Any time you are looking for a reliable medical billing service provider, you have to be extremely savvy because your choice should be based on a number of factors. This is due to the fact that, just as there are different types of medical practices out there, so are the services of the medical billing companies. A good illustration of this is, if your clinic has around 4 medics, and the number of your patients per week is around 200, you will require an EMR that performs various tasks such as pushing relevant notifications of both claims and denial, stores medical records of your patients, and of great importance it can restore data in case it is lost out of interruption of power. This means that before you engage any medical billing service provider, it is imperative for you to have a general view of their medical billing services so that you can know if it will be of superb help to your practice. the main aim of this intelligent guide is to explain critical factors that you should consider any time you are searching for a trustable medical billing service provider in the current congested and dynamic market. This advice will help you hire right company and therefore, read it very carefully.
As a wise customer, ensure that you do a good research to know if the medical billing company has been offering high quality services to the satisfaction of their customers. You should go for a medical billing company whose services have benefited their customers. Still on this, evaluate whether the medical billing solutions offered by the medical billing company meets the demands of your practice. It still a big plus to choose a medical billing firm that has been in this field for decades because it has squeak masterly in various medical billing service demands required by your facility. Such a company will be of great help to advice you accordingly.
You also have to be sure that the medical billing service provider is legitimate by checking its accreditation as well as track record. Besides, check for the site of the Better Business Bureau to ensure that they are registered and also ensure that it is in total compliance with both HCPCS and HPAA.
Lastly, always ensure that you have a precise picture of their charges from the onset. In this, there are 3 payment models which are used by different medical billing service providers where one of them is the percentage model where you pay a percentage of claims in total. There is also the partly fixed model where you pay a flat fee and there is the fixed fee model where you pay a fixed charge on every claim submitted.