As a healthcare provider, your goal is to provide the best possible care to your patients. But your patients may not see it that way when your office bills incorrectly.
This is a more common issue than you think–a whopping 30-40% of medical bills contain errors. It’s an annoyance for your patients and creates an obstacle to getting paid. If you’re looking to avoid medical billing errors, keep reading for our top 16 tips to simplify the process and bill accurately the first time.
Patient spending on healthcare will reach $608 billion in 2019. Yet, many patients feel dissatisfied by the billing process. As a result, 65 percent have considered switching to providers with better billing systems. What do these patients list as their biggest issues with provider billing? Up to 70 percent of patients report feeling confused when reviewing their medical bills, and 72 percent don’t fully understand their explanation of benefits.
When it comes to medical billing, how well does your office perform? Is patient confusion and dissatisfaction a common theme? Does your office suffer from cash flow problems when billing staff is away? If so, outsourcing your medical billing could represent a solid solution. Want to know more about how it works and if it’s right for you? Read on for 10 reasons you should opt for medical billing outsourcing.
