Medical Billing Companies in Orlando, FL
Medical billing companies in Orlando 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 Orlando can transform your business. Here's what you need to know about finding a quality medical biller in Orlando.
Why Outsource Medical Billing in Orlando?
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 Orlando:
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, Orlando 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 Orlando
Now that you know the advantages of medical billing services in Orlando, how do you know which provider to choose? We recommend doing your research and comparing different companies in the Orlando 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 Orlando
The cost of a medical billing company in Orlando 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 Orlando:
|Size of Practice||Setup Fee||% of Collections||Min Monthly Charge|
|Small (< 10 Physicians)||$291.99 / Physician||3-5%||$827.31 - $1,459.95|
|Mid-Size (10-20 Physicians)||$486.65 / Physician||5-8%||$1,459.95 - $2,433.25|
|Large (> 20 Physicians)||$973.30 / Physician (capped)||8-11%||$2,433.25 - $3,406.55|
Note: Prices subject to change. These costs are based on an average of Alluvit's Orlando medical billing company research.
Medical Billing Companies in Orlando, FL
2909 N Orange Ave # 105
Health Flights Solutions
1360 Lake Baldwin Ln # B
Innovative Medical Staffing
100 S Orange Ave # 800
PO Box 590295
3600 Shader Rd
3608 Shader Rd
7466 Chancellor Dr
7558 Southland Blvd # 100
Laser Center Of Orlando
891 Outer Rd # C
12901 Science Dr
Medusind Solutions Inc
7083 Grand National Dr # 102
Net Medical Solutions Inc
2501 N Orange Ave # 505
Orlando Health Info Mgmt Dept
1414 Kuhl Ave
Orlando Regional Med Ctr Med
52 W Underwood St
P Phillips Hosp Med Records
9400 Turkey Lake Rd # R