Choose Outsourced Medical Billing for Your Pathology Practice

The overall business productivity of your pathology practice depends on how deeply involved you are in the core healthcare activities along with your medical staff. To ensure maximum and constructive involvement, you need to delegate non-core activities such as pathology medical billing to an external service provider.

Reasons for Outsourcing Your Medical Billing Process

As you know, billing process involves ongoing communication between a healthcare service such as you and the insurance payer. When you carry out the billing process at your pathology practice there are many hassles you may have to face.

• The first and important issue you need to consider is the amount of money invested in buying and installing the necessary equipment for the billing process, allocation of office space for it and hiring and training personnel for that purpose.


• The second issue is the problem of accuracy and the quality of the pathology billing results. When carrying out in-house billing, accuracy and quality of the billing tasks is likely to be low since your office staff may not be thoroughly experienced and may not have sufficient expertise in medical terminology related to pathology.


• Increased workload is another factor that adversely affects the overall functioning of your pathology practice. As your healthcare business grows so will the billing workload. You will have to add more personnel as the billing workload increases and thereby you need to spend more money on training and for compensating them.


• There is more possibility of claim disputes with your insurers when billing tasks are done in-house. To make billing reports error-free, you need more resources for proofreading, editing and quality checking. Furthermore, you must have in place all the necessary measures for maintaining complete confidentiality and security of the medical billing records.

To avoid all these hassles, the practical solution is to outsource your billing processes to a reliable medical billing company that provides pathology medical billing services including patient enrollment, scheduling, insurance verification, insurance authorizations, referrals, scheduling and re-scheduling, coding, billing and reconciling of accounts, collections and AR collections.

What You can Expect from These Services

The most important aspect of outsourcing billing is that it is cost-effective and you can save up to 30-40% of operational costs. Majority of the billing companies are compliant with HIPAA rules and regulations. An established medical billing service provider has skilled and experienced billing specialists knowledgeable in medical terminology pertaining to the pathology specialty. These billing professionals utilize the latest advanced billing software such as Lytec, Medic, Misys, Medisoft, Inception, NextGen, IDX, Eclipse, Medical Manager and e-clinical to finish the work within the specified time schedule. Some of the other features that make outsourced medical billing solutions favorable include:

• 24/7 support for technical assistance
• Weekly meetings and additional meetings on request
• Generating daily, monthly and weekly analysis reports
• Regular QA checking
• Customized turnaround time

When you outsource pathology billing tasks, you can avail of various benefits including increased revenue from your practice and establish an excellent reputation.