Three Main Reasons to Outsource Your Company’s Medical Coding
Medical coders read patients’ medical charts and analyze their diagnoses and the procedures that were performed on them. They then assign medical codes to these files to facilitate the billing process. If you’re a doctor or run a medical facility, it behooves you to outsource your medical coding functions. Here’s why.
When you’re outsourcing medical coding through a Los Angeles, CA, company, you’ll have a team of coders and medical billers with many years of experience. These coders learned their jobs by earning associate degrees or postsecondary certificates in medical coding; then worked at hospitals and medical buildings to gain practical experience. They’re also highly familiar with medical coding classification systems.
Keeps Costs Down
Outsourcing medical coding through a Los Angeles, CA, company is much more cost-effective than hiring a team of medical coders. That’s because medical coders earn average annual salaries of $44,010, according to the U.S. Bureau of Labor Statistics. The top 10 percent make more than $66,260 per year. By comparison, a medical coding company will charge you a reasonable monthly fee for its services.
Economies of Scale
Since most outsourcing medical coding companies advertise to get clients, they’re adamant about retaining them. That’s why your medical coding company may give you discounts on other services it provides, including HIM solutions and patient contact services.
GeBBS Healthcare Solutions is a leading healthcare BPO company with a world-class team of highly skilled medical coding and billing professionals, and you can reach the company by visiting the website.