Often, medical practices might benefit from having an on-site biller or billing team. Closer collaboration and fast communication can contribute to streamlining the process of billing and resolving problems. In addition, over time, a biller’s understanding of the practice’s revenue cycle can develop into a valuable asset in optimizing revenue and maintaining profitability.
Outsourcing medical billing is an excellent choice for some practices, particularly those with limited resources to devote to revenue cycle management.