Updated: Aug 25, 2020
Medical billing services for home care and home healthcare agencies are increasingly important in today's dynamic landscape. Medical billing is how these healthcare agencies get paid, so having an outsourced medical billing and coding partner is crucial for success. Medical billing and coding services help healthcare agencies:
Improve cash flow
Improve Revenue Cycle Management (RCM)
Get paid faster with fewer rejected claims
So you see why a professional outsourced medical billing company is important; but how does a healthcare agency find the best medical billing company for their needs? In this post we're going to uncover all the insider secrets to finding the best medical billing and coding services, how to pick the best medical billing company for your specific needs, and 3 hallmarks of a professional organization.
How to Find the Best Medical Billing Services
Medical billing services companies come in all shapes and sizes. When finding a company to outsource your medical billing to, it's important you look at things such as:
Accessibility to Your Claims Data
Monthly Reporting Options and Report Details
Pursuit of Innovation through Technology and Services
Data Security: Your patients records contain private information; your medical billing service provider should go to great lengths to keep your patients records safe and secure. Speak with a representative from your prospective medical billing company to understand what precautions are taken with your client's medical billing and coding records.
Accessibility to Claims Data: Your medical billing and coding provider should make your records easily accessible to you and your staff through software integrations and other systems. When considering outsourcing your medical billing, ask the billing company to give you details about how records are integrated across your organizations and the best way to access your records.
Monthly Reporting Options: There are a lot of moving pieces involved with medical billing and coding services, so it's important your medical billing company provides you with accurate, detailed monthly reporting options for reconciliation at the end of the month and for the future. Keeping detailed, organized reports helps improve your Revenue Cycle Management, boost cash flow, and reduce the time it takes for home healthcare agencies to get paid.
Innovation through Technology & Services: Your prospective medical billing company should always be looking to improve efficiency while maintaining the quality of their service. High-line medical billing and coding companies will have a variety of tools in their tool belt to create a solution that works best for you.
Training Opportunities: The best medical billing companies will also provide their healthcare agency clients with periodic training opportunities to enhance their working relationship and improve results.
How to Pick the Best Medical Billing & Coding Company for Your Needs
Home care and home healthcare agencies looking to outsource their medical billing services should also consider working with a medical billing company that is experienced in their niche. True North specializes in working with home care and home healthcare agencies who are looking for Veterans Administration Medical Billing services, want to improve their revenue cycle through our proven system. We also specialize in Veterans Administration (VA) community care billing. A practice dealing with VA Medical Billing should look for a medical billing company versed in the nuances of their specific discipline. This will help reduce rejected claims, improve cash flow, and help them get paid faster.
3 Hallmarks of a Professional Medical Billing Company
Since medical billing and coding services are how home care and home healthcare agencies in Pittsburgh and the Ohio Valley get paid, it's critical you hire a professional outsourced medical billing company. When looking for the best outsourced medical billing, there are 3 traits you should look for:
Responsiveness: The way a company treats you before you're a client is a good indicator of how they'll treat you after you're a client. Medical billing is very important, and it's critical the home healthcare practice and the medical billing company are in good communication. When inquiring about medical billing and coding services, your response should be prompt and professional.
Organization: There are a lot of moving pieces in medical billing and coding, which makes organization highly important. You don't want to hire a medical billing company that loses your important patient data and records when you need it most. Hire an outsourced medical billing company with a proven track record of organization.
Courteous: In a fast-paced, stressful environment like the medical industry, things can get strenuous. Make sure you hire a medical billing company who will keep their cool and work with you through the ups and downs to ensure the best possible result.
Get Paid Faster:
True North has been providing home care and home healthcare agencies with the professional, accurate, outsourced medical billing and coding services they need to improve their revenue cycle management and cash flow for nearly a decade. We know what it takes to win in the medical billing space. If you're a VA Administration Home Care or Home Healthcare agency looking for medical billing and coding services, click here to schedule a free, no risk, no obligation discovery call and get paid faster!