7 Common Myths On Medical Billing   Outsourcing
                              7 Common Myths On Medical Billing   
Out s   o  u  rcing
https://www.247medicalbillingservices.com   |   +1 888-502-0537
  
          7 Common Myths On Medical Billing   
Outsourcing
Here at 24/7 Medical Billing Services, we always push our prospective 
clients to outsource their medical billing services. Why? Do we get 
more business? Yes, that's one reason. But most importantly, 
outsourcing medical billing brings so many benefits to any practice 
out there. Our NOW clients did not have an idea about these benefits 
until they tried our services and are here for years.
Fortunately, we kept records of their queries over the years and 
surprisingly, we found so many myths they had in mind before they 
turned to us.
This article is created for our readers where we have tried to clear up 
some of the common myths about medical billing outsourcing and 
why medical billing outsourcing is a great option for you to consider. 
Keep reading to learn more!
https://www.247medicalbillingservices.com   |   +1 888-502-0537
                  7 Common Myths On Medical Billing   
Outsourcing
 
Why do so many practices opt for outsourcing the medical billing 
process?
Handling the process of medical billing is as important as treating 
patients, even if it seems to be a daunting task. Managing insurance 
claims is the single most important source of revenue for the practice. 
Most common mistakes occur when a beginner is handling this 
responsibility relating to medical billings, where there is a demand for 
a concrete solution to augment your practice by improving the revenue 
cycle. Various leading medical practitioners have trusted 24/7 Medical 
Billing Services, where we have proved to be exceptionally beneficial. 
But still, there are some myths that some practices have, regarding 
outsourcing their medical billing.
https://www.247medicalbillingservices.com   |   +1 888-502-0537
                  7 Common Myths On Medical Billing   
Outsourcing
 
 Myth 1. Medical coding and billing are mostly limited to data 
entry.
 Myth 2. Patients are only a small portion of the payer mix.
 Myth 3. Medical billing outsourcing makes practices lose 
control of their revenue process.
 Myth 4. RCM technologies don't offer any great returns on 
your investments
 Myth 5. Medical billing outsourcing is expensive
 Myth 6. Medical billing outsourcing is only for big practices 
and hospitals.
 Myth 7. Outsourcing only helps in cutting operational costs.
https://www.247medicalbillingservices.com   |   +1 888-502-0537
             7 Common Myths On Medical Billing   
Outsourcing
Conclusion:
With cloud-based technology, RCM outsourcing offers various 
benefits by integrating financials with patient portals. It also offers 
electronic payment options, sending electronic statements and 
reminders. Outsourcing RCM can also enable patients to pay for 
their services in advance. The back-office in the practices can be 
freed from recurring administration activities. A 
trusted medical billing company can reduce days in A/R and lower 
practice’s claim rejection rates at the level where they can outpace 
industry averages. Hence, outsourcing RCM can give you benefits 
like stronger reimbursement and strengthening cash flow.
https://www.247medicalbillingservices.com   |   +1 888-502-0537
          7 Common Myths On Medical Billing   
Outsourcing
About 24/7 Medical Billing Services:
24/7 Medical Billing Services is the nation’s leading medical billing 
service provider catering services to more than 43 specialties across 
the entire 50 states. You can rely on us for end-to-end revenue cycle 
management. We guarantee up to 10-20% increase in the revenue 
with cost reduction of your practice for up to 50%. 
Media Contact:
Hari Sudan, 
24/7 Medical Billing Services,
16192 Coastal Hwy, Lewes, DE – 19958
Tel: + 1 -888-502-0537
Email - [email protected]
https://www.247medicalbillingservices.com   |   +1 888-502-0537