Medical billing, as previously stated is the Lifeblood of your practice and is essential for your financial health and success.
Yet, almost on a routine basis, providers are giving away their checkbook to strangers as they constantly hire new medical billing staff within their offices to handle their medical billing and collection functions.
In today’s medical billing world outsourcing seems to be the only logical choice if you want to obtain the highest level of reimbursement, consistent cash flow and regulatory compliance. Don’t continue to have this process disrupted by employee turnover and lack of expertise.
Employee management problems
Staffing turnover is a major issue in the medical billing workflow and can affect the efficiencies needed for it to be done successfully. By entrusting your medical billing solely to your office staff you are exposing yourself to such things as absenteeism, theft, lack of education in regulatory changes and their distraction from other office responsibilities.
As you experience staff turnover from resignations, terminations etc., the learning curve can be very steep and expensive since training time can usually be accounted for in lost revenues and extended days in A/R. Obviously with MGSI this can be avoided as we have many employees capable and crossed trained to handle your account.