There are many good reasons for outsourcing your medical billing. Here are 5 reasons to consider when outsourcing your medical billing that can save your practice time and money, thus improving cash flow.

1. Your patient charts will be coded properly. Our medical coding experts have extensive knowledge of the entire reimbursement cycle including: the coding, billing, charge and reimbursement components for Medicare, Medicaid, as well as managed care and commercial payers.

2. You will receive a faster turn around on your reimbursements. If you or your hospital is doing medical billing it is taking 30-45 days longer to get your payments. By partnering with HBS, you will be taking advantage of our electronic claims submission and remittance with most carriers. Therefore receiving 14 to 21 day turnaround in process of collecting your reimbursement.

3. Payer expected & actual reimbursement tracking. Not only should your rejected claims rate fall dramatically, but you could be missing up to one fourth of your reimbursements due to rejected or partially paid medical claims. With outsourcing through HBS we work to make sure that you are actually reimbursed what is expected.

4. By partnering with Horizon Billing Services your employees will have more time to run your practice or emergency group, your staff doesn´t have the time to double check coding on claims forms, or balance E.D. logs. HBS will educate your physicians on their documentations, evaluate and implement your fee schedule and handle all physicians credentialing.

5. Horizon Billing Specialists will help you control your malpractice insurance costs. By working with HBS and using our continuous quality improvement, CQI reporting and monitoring system, standards are set for high risk patients, thus keeping your claims in check and letting you know areas you might be vulnerable.