 Outsource Medical Billing
- What are the different stages?
- How does the vendor ensure
security?
- How will the vendor address the
concerns one may have?
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Outsourcing medical billing is a
popular option in today's highly competitive healthcare industry.
Outsourcing your medical billing process to India ensures that you get
high quality services in addition to cost benefits. India is an
established player in the outsourcing world. Substantial investments
have been made in technology, methodology and people. Proficiency has
been gained by obtaining US training in all aspects of medical
billing. The expertise offered by Indian Service Providers in medical
billing and technology can help you obtain a competitive edge and save
on your current staffing related expenditures.
How Can Outsourcing Medical Billing
to India Help Your Business?
Indian Providers work with billing
companies and use their existing process and software to give them
prompt turnaround time on their data processing functions with
assurance of a high quality product.
They offer a variety of medical
billing services like:
Data Entry:
- Patient Enrollment - manual
- Patient Enrollment - automated with
staff updates as necessary
Working - Accounts Receivable
- Denials/rejections analysis,
re-billing
- Systemic A/R projects, re-billing
- Insurance Follow Up
- Collection Agency Reporting
Quality of Medical Billing in India
Indian Service Providers are trained
in regulations pertinent to Medicare, Medicaid, blue products, managed
care, third party liability, workers compensation, Preferred Provider
organizations, indemnity insurers and have a complete understanding of
CPT, HCPCS, ICD-9 coding Level I, II, III. They also have the ability
to identify data as relates to submitting a clean insurance claim for
reimbursement by insurers.
A 100% quality control program is
instituted on the start up of a new client contract. This is to assure
the accuracy of the data entry matches the specifications initially
outlined. After this a random program is maintained as a mechanism to
monitor staff and for ongoing personnel training.
Productivity statistics are compiled
and communicated with the client as a tool for measuring the
outsourcing arrangement. Indian companies are experienced and the
outcome will provide the client with a higher quality product at a
reduced cost.
Advantage of Outsourcing Medical
Billing to India
The low-cost structure allows US
billing agencies a reduction in their staff operating expenses by
outsourcing their data entry to qualified team members who have
expertise in the medical billing field.
Here are just some of the things that
Indian Service Providers pay careful attention to:
- Advanced Technology
- Human Resources
- Clear understanding of billing
agent's needs
- Methods to resolve issues quickly
and fairly
- Financial Stability
- Cultural Fit
- Proven track record
- Reasonable price
- Performance measures
- Communication, initial and ongoing
- Site visits
- Data Confidential, retention,
destruction protocols
- Contract agreement – with service
levels and consequences
They also use the latest technology to
ensure the seamless flow of information between the parties. With
digitally encrypted data circuits connecting the two, the transfer of
dedicated data to the staff in India is made possible. Indian Service
Providers can also adapt to any software that you have. This way you,
the client, do not have to purchase new software to accommodate the
billing process.
This billing process requires very
little from the client and has many advantages like cost and time
control with no special software requirement. |