Dipak Nandi – outsourcing your medical billing is the ideal modern day solution
Are you facing billing operational difficulties constantly? Is your practice worried about the rising healthcare cost? Are you suffering due to lost staff during the COVID pandemic? If so, then you are not alone. This is because many of the laborers have chosen to not return to work for a variety of reasons – starting from having child care or generous unemployment benefits etc. It is not only creating problems for many practices in managing their billing operation but further creating gaps in patient care.
Moreover, with the current labor environment being exacerbating, many healthcare practices are facing problems and the burden in their operation’s performance.
As the medical practices have two billing options one of which is in-house and the other being outsourcing, more providers today are looking out to opt for outsourcing. This is because finding the right team of experienced cost effective in-house billers is a real challenge today.
Outsourcing – the ultimate modern day solution:
Being the need of the hour, outsourcing medical billing has proven to be effective and beneficial from a cost perspective and also on a productivity level. Eliminating the costs for salaries, benefits, and other overheads go up every year, in-house billers have other issues like sick leave etc; which during outsourcing you no longer have to worry about. And, considering the labor shortage, outsourcing comes in handy.
Moreover, hiring, training and supervision are obvious ones along with other, IT support, training, office space, software costs; etc all can be avoided; saving a lot of your practice’s money.
In fact, given the current situation where healthcare costs are continuously increasing, the significant reduction of the operational cost helps you perform better billing management and revue generation.
With trained staff and consistent management and customized reporting, outsourcing today ensures:
- effective in a collection effort,
- are up to date on regulations,
- faster collection
- reduction in your billing and coding error
- offer an improved ROI
- Better billing approach.
Dipak Nandi, M.D. A recipient of several entrepreneurial awards Dipak Nandi is a proud member of the prestigious AIIMS alumni and a board certified psychiatrist, who is also a pioneer in the field of healthcare outsourcing and telehealth solutions in fact stated that outsourcing is a game changer, improving your reimbursement rate ensuring stability and better patient care experience.