Why outsource?
Medical practices are, in essence, revenue generating businesses. Everyone is looking for innovative, cost-effective ways to exceed monthly quotas, which is why it’s beneficial to find talent that is driven and passionate about succeeding. By outsourcing your billing, you’re not simply settling for someone to fill a position, you are effectively finding the best professionals out there to represent your business. There are many benefits to hiring a third-party vendor. Some of these benefits include:
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This is perhaps the biggest benefit of outsourcing your billing to a third-party company. Medical practices pay thousands of dollars each year for employee wages, training, benefits, paid time off, office equipment, and software. On top of that is the high cost of a practice management system, which can be anywhere from $80.00 - $800.00 per month, and can sometimes be charged per registered user. Outsourcing allows you to reduce or eliminate a lot of these expenses.
With Midwest Billing Solutions, LLC, there is no hourly wage or salary to pay, and you only pay for the services you need.
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Great patient care is arguably the most important factor in running a successful practice. By outsourcing your billing needs, the in-house staff can focus on patients rather than billing claims, fixing denials, or sending appeals.
Midwest Billing Solutions, LLC can do all of this and more, while also utilizing our 17+ years of customer service experience to assist your patients with any billing questions or concerns.
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Administrative staff that is overwhelmed with juggling multiple duties, can lead to avoidable errors that are time consuming to correct. Employee absence, whether expected or not, can lead to work piling up or additional stress put on the rest of the staff.
Midwest Billing Solutions, LLC, helps you eliminate these issues within your billing department. Working offsite allows us the opportunity to focus solely on the billing rather than front desk duties. It also gives us the flexibility to work the necessary days and hours that are required to get the job done right.
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The healthcare industry is ever-growing and changing; which means that, although we are certified billers and coders with over 12 years of experience, we may not always have the answers. However, more important than having the answers is knowing how to find them.
We utilize numerous, reputable resources to make sure we stay as up-to-date as possible on industry news. In turn, we provide our clients with relevant information regarding billing guideline updates and coding changes that may affect current office processes.
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Making mistakes can be easy. Owning up to those mistakes is what separates the ordinary from the extraordinary. Providers need to have a sense of trust in those they place in charge of their billing. Picking the wrong person could cost you thousands of dollars.
We take this part of our job very seriously. Our company has seen first hand what can happen if trust is placed in the hands of someone who does not value your business. When you contract with us, we want to give you back that trust, but putting things back in order and showing not only pride in the work we do, but also owing up to any mistakes made. Our word is our bound and without it, we can’t call ourselves an honest, trust-worthy business partner.
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Think about what got you into the medical industry in the first place? Was it the wealth of knowledge you would obtain to help others? Is it a passion and drive to succeed and make a difference in the health of your patients? Finding someone, be it a billing company or an individual who shares those same core values can be difficult.
We pride ourselves on having those passions. It really comes down to a simple statement: We love what we do.
Our mission is to help others succeed with our experience and knowledge of the industry. We know the struggles of getting a practice to a place of financial success. Let us help you to face those hurtles head on while avoiding issues that would otherwise slow the practice down.
“Do what you do best, and outsource the rest.” - Peter Drucker