Outsourcing Laboratory Medical Billing Services for Profitable Results

1. Outsourcing business functions has come into use a lot compared to recent years. • Acting as a savior for business owners, while an evil job-killing tactic for job seekers. • Equipping managers with the ability to focus on growth areas. • Some of the most frequently outsourced areas are IT, Finance, Security and, Medical Billing.

2. Outsourcing is the practice of seeking help of some offshore service provider for business activities. • Increase in the number of healthcare providers have led to an increase in outsourcing laboratory billing services. • Outsourced Laboratory medical billing services are a hot chapter in the success books of a business. • From increased revenue, to improved performance it offers much more in terms of benefits.

3. Reduced cost of operations and decreased business expenditure. • Increased efficiency and improved business performance. • Scalability, as you only pay for things that you need and when you need. • Ensured confidentiality of the sensitive health information with the latest Information Security protocols.

4. Ample Resources • Outsourced laboratory medical billing services offer a team of expert billers and coders. • Focus on Core Business Aspects • With lab billing outsourcing you get the chance to better focus on your core practice aspects. • Reduced Overhead costs • The expenditure of hiring, training and infrastructure can be avoided by contacting a third party. • Increased Productivity • With reduced workload on staff they can work more comfortably to contribute to increase in productivity. • Increased Collections • With on-time claim payments the lab practices witness increased revenue collections.

5. Automation has taken the medical billing industry by storm. • Setting distinctions is a must for any automated EHR system. • Capability to identify outpatient, inpatient and other services is a must. • Identifying the correct dates of treatment like DOS, discharge date etc. is important.

6. The most dominant factor in making business related decisions. • Zero investment on recruitment, training and infrastructure. • Access to an expert knowledge base at no extra cost. • Zero hassle of managing payroll and ample chances to save on costs.

7. Selecting the right outsourcing billing partner is imperative. • Finding a right medical billing company requires patience. • Find a partner that helps in gaining profitable results. • Reviewing past performance, verifying testimonials and work history may help.

8. Bikham Healthcare is a leader in providing the most efficient laboratory medical billing at competitive rates. • A team of industry’s best medical billers take care of every step in laboratory medical billing process. • We employ double quality check to ensure elimination of the smallest error. • 14+ years of unmatched expertise in medical billing ensures that practice requirements are met. • Visit www.bikham.com to know more about our profitable lab billing services.

9. US Office 99 Wall Street #158, New York NY 10005 Healthcare Services: +1 800-935-0865 General Queries: info@bikham.com Health Care: healthcare@bikham.com