Outsourcing Medical Billing is no more a newfangled method. Many billing companies in the US are well-informed and knowledgeable of the benefits of outsourcing Medical Billing Services to India and have started implementing it as a tool to acquire broader business benefits. Outsourcing has not only emerged as a cost-cutting savior for many companies but it also aids spruce up bottom lines.
The growing number of Offshore based medical billing companies and increased trend of utilizing offshore outsourcing billing partner is by itself an evidence of added advantages and benefits of Outsourcing Medical Billing Services to India. This article concentrates on highlighting the benefits of Outsourcing Medical Billing Services to India.
Cost Saving and Improved Cash Flow
Cost saving is primary reason for opting outsourced medical billing services. Outsourcing to an offshore based medical billing company, does not only saves on your overhead cost like Staffing, training, infrastructure, salaries, investments on billing software or upgrade; it also augment quicker collection and consistent cash flow.
Quality Billing and Coding
An outsourced medical billing company has experienced staffs to handle every scope of medical billing process productively to enhance the overall quality of billing and coding process; thereby submitting cleaner claims in a timely manner, aimed to achieve maximized reimbursement.
Trained and Experienced Staff
Billers and Coders from Outsourced Medical billing company are extensively trained and well experienced to handle even complex claims effortlessly. They ensure to be updated with the constant changes and pass through domain driven assessment successfully to meet the quality standards. By leveraging on these experts for your billing process you not only decrease your denial percentage but also increase cash flow.
Advantage of Time Difference
Indian Standard Time (IST) is almost 9 to 12 hours ahead of the time zones in the US. This time difference turns out to be an additional benefit of outsourcing your medical billing services to India as most of your billing and coding process are completed before the turnaround time (TAT).
Adheres to Safety Regulations and HIPAA Compliance
It is a well-known fact that Outsourcing to offshore based medical billing companies are equally safe and secure as they follow and abide by all the required rules, regulations and compliances to protect PHI and is confidential in handling every data shared by their end clients. You can be credulous on the integrity of an offshore based medical billing company as they handle every data shared confidentially abiding by all Standard regulations and HIPPA compliances.
Improved Control and Better Access
With a dedicated offshore medical billing team handling your claims, you can still access all your claims and reports from anywhere as and when required. Offshore outsourcing provides better control over your billing process and the offshore billing team is just a phone call away for any clarification you require. Also, a strong offshore medical billing partner will reduce your time in monitoring and evaluating every single and trivial issues, allowing your time and bandwidth to focus on Client Relations and Business Expansion!
About e-care:
e-care is one of the leading medical billing company in India providing complete RCM services to more than 100+ clients across US. e-care has been in the industry since 2000, and have expertise handling 25+ major specialties. Twin certified by ISO for quality process and information security management to be in compliance with HIPAA, e-care ensures to work as a virtual back office to all your Medial billing and coding needs. To know more about the benefits of outsourcing to e-care, call us today at 813-666-0028 or log on the Website.