How To Choose A Medical Billing Services Company
Choosing a medical billing services company is one of the most important decisions you can make for your medical practice, clinic, group or hospital.
How quickly claims are processed and how much money is collected on each claim can dramatically affect not only your cash flow, but also your net profit. Collecting just 5% more per claim can add up to tens of thousands of dollars by the end of the year; and shortening collection times from 60 days or more to less than 30 days can mean the difference between being able to pay your bills on time or having to borrow money.
Below are criteria to use when choosing a medical billing services company.
Average Collection Rate For Medical Billing
At Clinic Service, we collect an average of 99.7% for our doctors, clinics, and physician groups – which is one of the highest collection rates in the industry.
Average Processing Rate For Medical Billing
We have an average claims process rate of just 22 days, which is one of the best in the medical billing industry.
Number Of Years Of Experience In The Medical Billing Industry
We’ve been offering medical billing services for over 40 years. We’ve developed our own proprietary medical billing / EMR and EHR (Electronic Medical Records / Electronic Health Records) software that we’ve been using and refining for more than 16 years.
Quality Of Medical Billing Specialists
We’re based in Denver, Colorado, and each of the medical billing specialists on our staff receives more than 40 hours of training per year.
Ease Of Medical Billing / EMR and EHR Software And Training
Our medical billing software is extremely easy to use, and we also offer medical billing training for your staff, at no charge.
Support And Follow-Through
At Clinic Service, our practice management services extend far beyond medical billing services. In fact, we can serve as your trusted advisor and coach, helping identify ways to improve profitability in your practice.
When you’re choosing a medical billing services company, don’t hesitate to ask the tough questions and demand specifics. After all, this is one of the most important practice management decisions you’ll make.
At Clinic Service, we’re happy to share case studies, client references, testimonials, and more, and you’ll be able to see for yourself that we’re are one of the best medical billing companies in the industry.