Is outsourcing ent medical billing a right decision

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Is Outsourcing ENT Medical Billing a Right Decision?

There are several factors to be taken into account, in today’s ever changing scenario; by the healthcare providers as far as ENT practice billing is concerned. The first challenge is ensuring minimum or no denials for reimbursements, and keeping up with the changes in CPT codes, which are major obstacles for ENT practices. No wonder, most of the practitioners are entrusting their billing activities to professional ENT billing companies, so that they can stay ahead at all the times. In case you are planning to outsource your ENT billing practice to a medical billing and coding company, here are 5 great reasons that will help you decide faster. 1. Losses incurred due to denials One can’t deny the fact that denials are a nightmare that some practices have learned to live with. However, it is time to clean up your act, because denials not only cause irreparable damage to your ENT practice, the losses associated with such denials can pile up. With an average denial working upwards of $25 to $30, the math is not that difficult to work out. Moreover, calculate the time your in-house staff would have to spend following up the denial. Once you outsource your ENT billing, it is the responsibility of the company to take care of all such issues. 2. Cutting down on Staff Expenditure Needless to say that when you outsource your ENT billing to a professional company that will take care of CPT code updates, the reimbursement denials, your staffing overhead costs, get reduced. In addition to salaries, you will be saving on the benefits, office equipment, and software, which you would have to otherwise invest on. You will be saving on precious office space as well, which can be devoted for patients. 3. Training and other costs

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