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Medical Management Corporation Updates Medical Billing Services
Date:1/22/2009

earch an area, they can develop any report I want. And they are very cooperative about coming down. They continue to supply us with all the help and expertise we need. I don't have to train people and interview people or watch them. This is the way to do it with the right company."

Rivera said her firm can save doctors money because service fees are tied to collections. The fees only go up if a medical group's collections rise. Also, the firm can help physicians leave those insurance plans that may be economically harmful. "Sometimes physicians are considering opting out of insurance networks or participating with a new insurance plan, and they need consultation about rates and general directions in the industry. We offer assistance so that changes are not traumatic events that cause decreases in cash flow."

Money Left on the Operating Table

Dr. Peter D. McCann, chairman of the Department of Orthopaedic Surgery of Beth Israel Medical Center in New York City, says he has used various billing firms for his private practice. He prefers Medical Management because the fee structure will always be directly proportionate to money coming in. This is critical because physicians have only two methods of remaining profitable - increase revenue and decrease expenses. Therefore, doctors may save money by cutting the salaries of employees who may lack the expertise needed to do the billing correctly.

All of which leads to another compelling reason for outsourcing billing: many doctors don't know how much money they are leaving on the table. "If a doctor doesn't realize how much he is leaving on the table, he won't know how much more he can get," says McCann.

But patience is necessary when changing medical billing methods. "Yes, cash flow improves. Based on experience, it takes
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Source: PRWeb
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