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home | Progress Notes | Progress Notes Issue 54: Outsourcing . . .
 





Progress Notes Issue 54: Outsourcing your Billing

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NP Business™ Tip: Outsourcing your Billing

Early in the process of starting up your practice, or even after you have been open for a while, you will be faced with what to do about billing. Your options are limited: you hire someone to come in, you do it yourself, or you outsource the billing. My choice, when I first opened was to outsource and while I thought that I was making good choices, my experience was less than poor. Let me share with you what I've learned since then so you can avoid my mistakes.

When you are looking for a billing company to outsource to the first thing you want to do is ask around. Who are your colleagues using? Why do they like/dislike them? Check the forums and social media where they are likely to talk about billing, like the EMR support forums or the coding forums. And of course, you can check the NPBO™ forum. And don't forget to network with colleagues at conferences and gatherings.

When you find companies that you are interested in, Google them. Look for complaints as well as praises. If it's an individual, are they certified? And if they say they are, can you get proof? You'll also want to check references, but not just those listed (few people will give you the name of someone who will give them a bad reference). Again, ask around about this company or person and try and find references that are not listed.

So what are some of the questions you should ask?

  1. What are their qualifications?
  2. How long have they been in business?
  3. How many people are handling the claims?
  4. How are follow ups handled?
  5. What happens when there is a denial?
  6. Who is managing the accounts receivable (AR)? How often is it evaluated and worked? Who is responsible?
  7. Communication Issues: What forms of communication are available? Is there a time difference? Is there a language difference?
  8. Do they specialize in a particular area of billing such as primary care or surgery?
  9. What kind of reports will you receive? Can you read them? Can you get help with them?
  10. Is the company familiar with your regional issues?
  11. Does this company know about NPs and are they familiar with some of the issues in billing for us? Are they familiar with your state regulations?
  12. What other services do they provide?

This is not by any means an all inclusive list, but it will get you started when thinking about hiring a biller.

© 2010, Barbara C. Phillips, NP. All Rights Reserved.


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·  Progress Notes Issue 53:7 Ideas to diversify your practice income.
·  Progress Notes Issue 52: Should I Open a Cash Practice?
·  Progress Notes Issue 51: Taking Care of Self so you can Take Care of Business.
·  Progress Notes Issue 50: Business Taxes- An Overview
·  Progress Notes Issue 49: 10 Steps for Using Press Releases
·  Progress Notes Issue 48: Contractor or Employee?
·  Progress Notes Issue 47: Medicare 2010: How Will It Affect Your Practice?