In order for your hospital to thrive, you must provide your patients with the highest quality of care. It’s also imperative that you put a great deal of time and effort into managing all of the business aspects of your hospital including appointment scheduling, billing, insurance filing, accounts payable, and managing healthcare professionals. Since it can be a real challenge to balance quality patient care with business tasks, many hospitals outsource physician billing services. Let’s take a closer look at how you could benefit from physician billing services for hospitals.
What are Physician Billing Services for Hospitals?
Keeping up with insurance and patient payments is imperative for the success of your hospital, making physician billing services incredibly valuable. Physician billing services for hospitals involve filing insurance, collecting co-pays and deductibles, and ensuring that claims are paid.
Outsourcing physician billing services can keep hospital payments coming in on a regular basis and in a timely manner while decreasing the costs associated with hiring and managing a team of in-house physician billers. When you opt for physician billing services for your hospital, you can expect the following:
- Faster Payments From Insurance Companies
A quality physician billing service such as Applied Medical Systems will quickly and accurately file all of your insurance claims so that your hospital can get paid as soon as possible. This way, you can worry about providing your patients with the very best care rather than being concerned about faulty insurance claims or complex insurance denials.
- Copay and Deductible Payments from Patients
After your claims are paid, a billing service can take care of collecting any copays and deductibles that your patients owe you. They can also answer any questions or concerns that your patients may have regarding insurance payments. By outsourcing physician billing, your employees can spend their time supporting you and taking care of other day to day issues that arise in your hospital. In addition, you can ensure your phone lines aren’t clogged with billing and insurance related calls and allow your staff to focus on more important tasks such as scheduling appointments and taking care of refill requests.
Interested in Physician Billing Services for Hospitals? Contact Applied Medical Systems Today
If you’d like to improve the productivity and success of your hospital, it is in your best interest to contact Applied Medical Systems today to learn more about our physician billing services for hospitals. We pledge to ensure your claims are correctly filed in a timely manner so that your practice can thrive and you can focus on caring for your patients. Request a free quote today!