Accurate medical billing plays an important role in the success of any behavioral mental health practice. Even the smallest medical coding errors, missing data fields, data collection errors, discrepancies, can lead to claim rejections or denials. This can cause drastic inconsistencies in any medical practice’s revenue stream. Though it can be especially detrimental to small practices and solo practitioners who rely on their revenue stream to maintain and grow their practice.
There are a lot of good reasons why most practices outsource their medical billing needs. This starts with reducing the need for in-house administrative staff or freeing administrative staff to focus on more important duties to help grow your practice.
As time goes on a lot of small medical practices that outsource their medical billing to a third-party agency find that they have lower employee expenses as well as more time available to serve more patients or even expand the scale of their clinical services.
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