Why would a physician want to use a medical billing center?
Billing centers in the past were rare and physicians had no choice but to hire and supervise staff to perform the tedious task of medical billing. More and more physicians today are beginning to realize the benefits of having the work done by an outside service. A few of those benefits are: freeing themselves from the worry of staff turnover and unreliable staff, not having to supervise medical billing claims submission, medical billing software and hardware support, quicker payments,and cost savings. Let’s look at a physician who is processing claims worth $150,000 a month. The provider is filing those medical billing claims manually on paper. That same provider will wait approximately 60 days from the time they first saw the patient to the time they receive payment for that medical claim. Had they used a medical billing center to file those same claims they would receive payment on those medical billing claims within 14-21 days, thus saving 40 days waiting for their money. And possib