Podiatry Coding & Billing Alert

Question: Our practice just combined with another practice, and we're thinking about outsourcing our billing to help keep up with claims for a little while. Will this actually be beneficial? What should we be aware of when looking for an outside billing company? Ohio Subscriber Answer: If you're contemplating hiring a third party to do your practice's billing, you need to ask some questions before signing on the dotted line. While outsourcing can be an excellent idea when you retain the right company, each practice will need to evaluate for itself whether the arrangement will work in its favor. Hiring an outside biller or billing company can be beneficial. Some of the advantages your practice might see are that third-party billing: • Can save the practice money; • Offers the practice access to professional financial expertise that it may not be able to afford to hire in-house; • Can provide [...]