Physicians Mediclaims’ goal is to establish a healthy business relationship in assisting you to reach your business goals and financial health allowing you to focus on what is most important to you, your family, patient care, and your career.
The struggle between payers and providers over insurance compensation continues to escalate as payers apply more resources toward reducing their reimbursements. Miscoding and errors cause rejected claims and delayed payments. Physicians Mediclaims medical billing and coding process ensures accuracy from data entry to claims submission. Insuring your reimbursements arrive faster. We do the job right from start to finish. We do not get paid if you do not get paid!
Eliminate medical billing and coding salaries and associated employee benefits such as workers compensation, FICA, health insurance, vacation and sick pay, bonuses, raises, billing computer hardware and maintenance, billing software updates and renewals, continuing education or training fees, clearinghouse fees, postage, office space, decreased cash flow due to billing errors, denials, and office conflicts.
Employee turnover is a common problem for many medical offices. When a medical biller leaves, your cash flow is compromised. Inexperienced medical billers make errors. Even experienced medical billers new to a practice make errors that at a minimum delay payments. Training medical billers to learn your practice is an ineffective use of your time and drains resources from other staff members. Outsourcing medical billing can quickly resolve these issues. An experienced and professional medical billing service is a more reliable solution.
Outsourcing your medical billing to Physicians Mediclaims is based on a cost percentage that varies with your medical billings. In outsourcing, your cost will fluctuate with your collections. As your practice and revenues grow, so does the medical billing workload. However, in house employee cost are fixed, while billings and receivables are not fixed. Therefore, when you need to add another biller, you drastically increase your fixed cost. Over staffing can be a common problem in billing departments.
Increased revenue, fewer headaches, less administrative duties result in more valuable time to devote to clinical needs. You can utilize your medical training and do what you do best, providing the best possible medical care to your friends and patients. Interested in learning more about how Physicians Mediclaims can help your practice be more successful? Please contact us for more information.
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