Medical Billing Companies in Charlotte, NC
Medical billing companies in Charlotte are in high demand. As the healthcare industry continues to grow, the need for medical billing professionals increases. Across specializations, healthcare providers (and medical management consultants) realize the benefits of going out-of-house for medical billing and coding. Whether you're in the dental, psychiatric, pediatric, or dozens of other specialized health niches, finding the right medical billing company in Charlotte can transform your business. Here's what you need to know about finding a quality medical biller in Charlotte.
Why Outsource Medical Billing in Charlotte?
The benefits of outsourcing medical billing are plentiful. The medical billing and coding industry is rapidly expanding to meet the growing demand for these services. Most medical management consultants will recommend outsourcing when helping you optimize your business. In fact, as healthcare businesses increase their patient base, it is becoming increasingly difficult to effectively keep up with billing.
Here are the major reason why people choose to outsource to medical billing companies in Charlotte:
Saves Staff Time
Employees have to devote hours of their time to correctly billing patients. If they rush through the process or there are not excellent systems in place, there is a high likelihood of error. Additionally, it's not just the act of preparing and transmitting claims that takes time, it's also addressing patient questions and concerns. A professional medical billing company has in-depth knowledge and customer service skills to adequately answer any billing-related questions.
Reduces Software Cost
Medical billing calls for up-to-date technology. In general, the more advanced the software, the more efficient and time-saving it is. If you choose to do medical coding and billing in-house, you're responsible for covering those costs yourself. Instead, outsource your medical billing and let them pay the high software prices.
More Profits For Your Practice
As experts in the industry, Charlotte medical billing companies are likely to obtain a higher collection rate for your business. With years of experience, they'll know how to craft and submit claims that aren't denied and receive high reimbursements. In other words, you'll receive higher payouts faster. Over time, this will add up and the service will pay for itself.
Choosing the Right Medical Billing and Coding Company in Charlotte
Now that you know the advantages of medical billing services in Charlotte, how do you know which provider to choose? We recommend doing your research and comparing different companies in the Charlotte area. Be prepared to share your speciality, typical billing volume, and anything noteworthy about how you've handles billing in the past. Remember that a lower price may mean that you're compromising quality. There are a few things to look out for when deciding on which company to choose:
- The components of their cost breakdown
- The software that they use
- How they follow compliance rules
- The healthcare specialties they serve most
- Customer reviews
Medical Billing Cost Costs in Charlotte
The cost of a medical billing company in Charlotte is most affected by the volume of bills a practice needs to process and collect.
Below are estimated costs for medical billing company costs in Charlotte:
|Size of Practice||Setup Fee||% of Collections||Min Monthly Charge|
|Small (< 10 Physicians)||$291.42 / Physician||3-5%||$825.69 - $1,457.10|
|Mid-Size (10-20 Physicians)||$485.70 / Physician||5-8%||$1,457.10 - $2,428.50|
|Large (> 20 Physicians)||$971.40 / Physician (capped)||8-11%||$2,428.50 - $3,399.90|
Note: Prices subject to change. These costs are based on an average of Alluvit's Charlotte medical billing company research.
Medical Billing Companies in Charlotte, NC
C Mcinfusion Ctr At Abbey Plc
1601 Abbey Pl # 100
Carolina Practice Management
2108 South Blvd # 211
D J Medical Consltng-Dstrbtn
3021 Bank St # 110
1910 Abbott St # 202
Genex Services LLC
8420 Unv Exec Pk Dr # 800
PO Box 77498
10525 Granite St # D
11835 Sam Roper Dr
1420 Exchange St
2920 Htchnsn Mcdnld Rd # E
6100 Hars Tech Blvd # P
Mcgill & Hill Group
8816 Red Oak Blvd # 240
Specialized Information Mgmt
2121 Commonwealth Ave