It may pay for practices to take billing off their plates

With financial and administrative pressure at an all-time high for physician practices, the time may be right to consider outsources billing, according to a post from Physicians Practice. "The greater the economic pressure on a practice, the more viable outsourcing becomes," John Boland, managing director and leader of Physician Business Process Management for Chicago-based Navigant Healthcare Cymetrix, told the publication. "Outsourcing billing processes should ultimately reduce the cost of collections and maximize revenue, allowing a practice to invest in clinical resources and get better quality results." The article also described a number of recommended best practices to ensure a third-party billing solution meets the practice's goals. Article