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Handling Your Medical Billing In House?
Do what you do best and outsource the rest.
Why waste your valuable time and resources such as space in your
medical facility on an administrative function that can be better
handled elsewhere? Most practices don't have a CPA on staff and more
physicians are handling their medical billing in the same way; by
outsourcing it to a team of experts available at GordanJacobs™.
Outsourcing your medical billing to an expert medical billing service
allows you to concentrate on patient care rather than administration
and operations. With limited staff, Medicare cuts, reimbursements
shrinking and costs rising, relying on experts to collect all the
monies you're owed is now more important than ever.
Behind every great Physician is
an experienced medical billing team...
That's where GordanJacobs™ comes in. We're a leading provider of
medical billing services in the U.S., providing premium service on a
local and national level through our corporate facility located in
Connecticut.
There's a reason that most of our new business comes from referrals
from other physicians and that is the excellent support and service we
give our clients.
It is our mission to obtain accurate, complete and timely payment from
all third party payors for our clients using state-of-the-art
technology, proven billing methodologies, effective control systems and
highly trained staff.
Have You Considered Your “True Costs” of In-House Billing?
Quite simply, it is just more efficient to outsource your medical
billing. When you add up the costs involved in hiring, training and
employing in-house billers (not to mention the cost of office space,
compliance plans, software, computers, etc.), these costs usually
significantly exceed that of sending your claims filing to an outside
source. Add to this the fact that your staff is paid irrespective of
the amount collected.
To calculate the true costs of billing in-house, remember that salary
is typically only about 65-70% of your employee costs when you figure
in payroll taxes, FICA and insurance. The total actual costs you need
to include when comparing to a third-party medical billing service are:
• Medical billing specialist's employee salary
• Medical billing specialist's employee benefits (to retain such talent)
• Worker's compensation and FICA
• Healthcare insurance
• Vacation, sick leave, etc.
• Performance bonus (again, to retain such talent)
• Computer hardware purchase, maintenance and upgrading
• Software purchase, training and renewal
• Claim forms, envelopes and postage
Now add in the paperwork cost of administering these employees. Plus,
when your medical billing specialists are sick or on vacation, you're
still paying them, for not working.
When you outsource your billing to our professional medical billing specialists, the overhead and paperwork is ours, not yours.
A successful practice is more then medical insurance billing. You focus
on your patients, we’ll focus on getting you paid for services provided.
••• Next, Our Medical Billing Services
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