Benefits of Medical Billing Service For Small business
Health care providers today often struggle with the administrative side of things. After all, health care providers are trained to help people overcome illness and get back to being healthy — not for dealing with accountancy issues and chasing money. Whether you’re running a small practice between 1-5 physicians or are a bigger practice capable of treating a large number of patients, Billing Supervisor outsourcing services are probably of interest for your practice. Patients don’t always have the resources to pay for their consultations and treatments upfront and often require billing at a later stage. 73% of health care providers report that it takes longer than one month to collect payment from their insurance and even more from the patients. The growing need for external Billing Supervisor services is reflected by the pace at which the market has grown over the last several years. Statistics show that the worldwide Billing Supervisor outsourcing market was worth USD 10.2 b