Medical Billing Outsourcing

Medical Billing Outsourcing

Daven Michaels

Daven Michaels

New York Times Bestselling Author, 30-year business veteran, and Executive Chairman of CurrentC Power.

 Daven Michaels, 123Employee, Outsourcing in the Philippines, Offshore Outsourcing Services, Call Center Services, BPO Services Company, Call Center Services philippines, Philippine Call Center Services, Business Process Outsourcing Services, Outsourcing Company, Virtual assistantIn 2006 (February 16 to be precise), the Health insurance Portability and Accountability Act was introduced. The goal of this law is to establish and define national standards for healthcare transactions; it also offers healthcare information and privacy. The purpose of this Act is to significantly enhance the healthcare delivery system.

Now, how does outsourcing come into the picture? While speaking with a group of hospital management staff in New York, I had to point out the advantages of employing highly qualified individuals who can get the most out of the implementation of this legislation and also allow for meticulous compliance and also making sure that the needy get full reimbursement. I stressed the need for healthcare providers to hire qualified individuals so that grave errors that can cause serious consequences are effectively avoided.

Throughout the world, the progress of medical knowledge has progressed after WWII, thus bringing about new techniques and insights in both treatment and diagnostic processes – thus, the pressing need for these technologies to become standardized and organized. Which resulted in the evolvement of the medical code; this did not only meet these challenges but also gave way for a system of standardized communication of health information. A uniform medical language was developed and standardized codes and definitions were created for insurance companies and healthcare provider use. In this high-tech age, these medical procedures and codes have significantly increased and need to be updated regularly. This procedure is best achieved by simply outsourcing medical billing.

I know for a fact that the medical billing and the associated professions are on the rise because of the explosive increase in healthcare. Insurance companies and government agencies are determined to control the following:

• Fraud
• Frivolous claims
• Abuse and misuse of reimbursement policies

The role of medical billing professionals is vital to avoid the aforementioned. Because the consequences of poor medical billing can be catastrophic, there is a serious need to employ medical billers who are committed to ensuring accuracy in billing and can be held accountable for any errors.

Presently, there are no educational standards that have been put in place for medical coders and billers. It is important for employers to ensure that they outsource their medical billing to an American run outsourcing firm. This way, they can count on employing certified individuals who understand the issue involved and will provide proper service to clients.

Whether you choose to believe it or not, the world has its fair share of unscrupulous people who are looking for a meal ticket and would lie and cheat to get it. It is in your best interest to ensure that you outsource your medical billing to a highly reputable outsourcing company that has been in the business for years.

Daven Michaels is an award-winning outsourcer and author of the book, ‘Outsource This!’ Daven has been honored more than any other individual or outsourcing organization. You can get more information on outsourcing by visiting www.123Employee.com

3 thoughts on “Medical Billing Outsourcing”

  1. There are really issues that outsourcing is very critical. The main concern is that privacy of records of the company are at risk. Yet how can we guarantee the security of their records?

    Clients can have the assurance that they can have best staff by determining the credibility of the company. The years of service, portfolios of the staff and the reviews of their recent clients are important. With this, clients will be confident that they have the right staff working with them.

    Thank you for sharing.
    -Rachel

    Reply

Leave a Comment

SUBSCRIBE FOR ACCESS TO EXCLUSIVE CONTENT.

Recent Posts

Eradicating Global Poverty with Blockchain

Blockchain technology and Decentralized Finance platforms are powerful tools with the potential to improve nearly every aspect of society. In this post, I explore a few ways I think they might be used to revitalize struggling agriculture industries, specifically.

Read More »
This Course Is Invite Only

Sign Up To Join The Private Waiting List

I’ll send you a personal invite once you’ve been accepted.