In a medical billing process, it is seen that more than 40 percent of an employee’s time is consumed only hunting for documents that is related to the data entry process.
In the medical billing process, the data entry is the most vital and critical differentiators for ensuring a seamless billing process; as even the smallest mistake in data entry can lead to devastating consequences. Moreover, constant and excellent data entry services lead to a successful HME billing process and a faster reimbursement rate.
However, reports have also shown that healthcare providers have seen their employees spending more than 50 % of their time only on figuring out relevant information from the file for patients rather than of patient care. This juggling between billing and administrative process by in-house billers not only deteriorates the value of patient care but also the billing process causing more errors, delay etc.
If your healthcare practices are suffering and ending up wasting valuable time and effort on the data entry process, outsourcing is the ultimate solution for seamless HME billing services.
How outsourcing your data entry can improve your HME billing process
Reducing the struggle to sort out key data in manual documents and the paper trails, outsourcing the data entry from an operational extension ensures a faster and accurate data entry process. Maintaining a 99.9% accuracy rate there is RCM organization that puts extra attention while inserting the correct data in the systems without additional efforts and helping you focus on patient care. Reducing the overall processing time, outsourcing organization not only ensures a faster reimbursement rate but also saves a lot of time and money as inputting, verifying and reporting on data is a timely and expensive affair.
Creating an efficient customized billing solution while reducing unnecessary errors in your HME billing process, there are outsourcing organization that takes your complete billing responsibility along with the data entry process including:
Data Entry
Data Mining
Data Conversion
Data Processing
Data Capturing
Form Processing
Image Processing
In fact, there is outsourcing organization that have other benefits like providing a customized robust reporting and giving a complete analysis of the entire workflow, while processing large data volumes in less time. With its team of experienced billers and coders, the operational extension not only delegates responsibilities effectively but also ensures the highest collection rate. With the highest productivity metrics, the RCM organizations also help in decreasing your account receivable bucket and operational cost reduction by 75 percent.