BC Advantage - 2018 Issue 10

Using a Billing Company versus Hiring a Biller When Starting a Medical Practice

One of the most important considerations when starting a new medical practice is getting claims paid as soon as possible. The same is also true for a mature practice; however, cash flow is vital when a new practice is paying the bills with working capital from a loan and very little revenue is coming in from the insurance companies for the first 4-6 months. The last thing a new doctor wants to deal with is issues arising from unpaid medical claims.  There are numerous, and I mean numerous, companies that do medical billing. There are also vast...

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