Sunday, June 28, 2009

Medical Billing: The Benefits of Technology Advancements

The ability to do medical billing and coding online is great opportunity. However, you need to be somewhat cautious before you even get started. Why? Because there are numerous scams online all trying to sell you crap. The amount of scams has even drawn the eye of the Federal Trade Commission.

Unfortunately, even the legit companies will probably let you down. It's usually not because of a shoddy product. It's because they tend to over-promise and under-deliver. For example, job placement companies promise to place you with a company, but do little more than provide you with a generic list of medical billing company.

External Resources:
Scams: A Quick Guide to Avoiding Shady Medical Billing Companies
Tech Advancements in the Medical Billing Industry

The advantages of outsourcing your medical billing?

If you're like most health care professionals, you are already overworked. Dealing with patients, staff, boring business stuff, and administrative work can eat up your entire day. You have dedicated your life to learning your craft, and focusing on your medical specialty. This is what makes you happy.

However, once you leave school and enter the real world of medicine, you 'll quickly find out you'll be spending more time hassling with insurance companies than seeing your patients! If you really just want to concentrate on your patients, it's a smart decision to outsource your medical billing and accounting to a medical bill review company.

They'll be able to handle all of your medical billing and accounting for you for a small fee. You'll have more time to focus on the things you like to do, and not worry about dealing with insurance claims and what not. All in all, outsourcing this aspect of your business is a real time-saver.

External Resources:
Medical Billing Outsourcing Overview
Medical Billing Company Overview