Physicians Practice November 15, 2023
Outsourcing the billing process has become popular but it isn’t the right choice for every practice.
Managing revenue cycle management (RCM) has traditionally been a complicated process for medical practices, and it is only getting more challenging. Staffing shortages, constant changes in payer rules and regulations, and the nonstop bank-and-forth with payers to cover appropriate charges have all added layers of complexity to the process in recent years.
Outsourcing the billing process has become popular to help manage those challenges, as it can help to reduce costs and streamline processes. However, it isn’t the right choice for every practice. Before making the decision to outsource billing, it’s important to consider the pros and cons and determine if it’s the right...
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