Medical Billing Companies in Los Angeles, CA
Medical billing companies in Los Angeles 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 Los Angeles can transform your business. Here's what you need to know about finding a quality medical biller in Los Angeles.
Why Outsource Medical Billing in Los Angeles?
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 Los Angeles:
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, Los Angeles 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 Los Angeles
Now that you know the advantages of medical billing services in Los Angeles, how do you know which provider to choose? We recommend doing your research and comparing different companies in the Los Angeles 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 Los Angeles
The cost of a medical billing company in Los Angeles 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 Los Angeles:
|Size of Practice||Setup Fee||% of Collections||Min Monthly Charge|
|Small (< 10 Physicians)||$292.44 / Physician||3-5%||$828.58 - $1,462.20|
|Mid-Size (10-20 Physicians)||$487.40 / Physician||5-8%||$1,462.20 - $2,437.00|
|Large (> 20 Physicians)||$974.80 / Physician (capped)||8-11%||$2,437.00 - $3,411.80|
Note: Prices subject to change. These costs are based on an average of Alluvit's Los Angeles medical billing company research.
Medical Billing Companies in Los Angeles, CA
Assa Weinberg MD A Med Corp
6464 W Sunset Blvd # 1010
Los Angeles, 90028-8012
Best Health Care Medical Group
3392 Motor Ave
Los Angeles, 90034-3712
Carrola Medical Management Inc
818 S Indiana St
Los Angeles, 90023-1820
Central Medical Management Inc
2675 W Olympic Blvd
Los Angeles, 90006-2880
2643 S Halm Ave
Los Angeles, 90034-2423
11901 Santa Monica Blvd # 500
Los Angeles, 90025-2767
Esdiac Global Systems Inc
3251 W 6th St # 418
Los Angeles, 90020-5019
Garland & Assoc
1711 W Temple St # 4607
Los Angeles, 90026-7337
515 S Figueroa St # 1300
Los Angeles, 90071-3300
2535 Amherst Ave
Los Angeles, 90064-2711
LA Gay & Lesbian Ctr
1625 Schrader Blvd
Los Angeles, 90028-6213
Retinal Consultants Of So CA
12304 Sta Mon Blvd # 117
Los Angeles, 90025-2586
Sincere Allergy Asthma Med Grp
300 S Hobart Blvd # 301
Los Angeles, 90020-3693
11661 San Vicente Blvd # 110
Los Angeles, 90049-5103