If I decide to outsource my medical billing how will I keep track of it?
Many physicians today question whether or not outsourcing their medical billing to a professional medical billing service is the right way to go. These same physician credentialing services ask themselves if their medical billing is not in-house how they will really know the true status of their receivables. Prior to making a decision regarding your medical billing, it's imperative to locate a billing service with the necessary experience and with whom you feel comfortable working.
It's also very important to make certain that they provide you monthly reports that accurately reflect exactly what amounts they billed, how much was collected and what amount is still outstanding. Your accounts receivable should be worked on a weekly basis so that is does not go beyond the 90-day mark (there are some cases when the insurance companies take longer than 90 days).