Medical Billing Companies in Spokane, WA
Medical billing companies in Spokane are in high demand. As the healthcare industry continues to grow, the need for medical billing professionals increases. Across specializations, healthcare providers (and medical management consultants) realize the benefits of going out-of-house for medical billing and coding. Whether you're in the dental, psychiatric, pediatric, or dozens of other specialized health niches, finding the right medical billing company in Spokane can transform your business. Here's what you need to know about finding a quality medical biller in Spokane.
Why Outsource Medical Billing in Spokane?
The benefits of outsourcing medical billing are plentiful. The medical billing and coding industry is rapidly expanding to meet the growing demand for these services. Most medical management consultants will recommend outsourcing when helping you optimize your business. In fact, as healthcare businesses increase their patient base, it is becoming increasingly difficult to effectively keep up with billing.
Here are the major reason why people choose to outsource to medical billing companies in Spokane:
Saves Staff Time
Employees have to devote hours of their time to correctly billing patients. If they rush through the process or there are not excellent systems in place, there is a high likelihood of error. Additionally, it's not just the act of preparing and transmitting claims that takes time, it's also addressing patient questions and concerns. A professional medical billing company has in-depth knowledge and customer service skills to adequately answer any billing-related questions.
Reduces Software Cost
Medical billing calls for up-to-date technology. In general, the more advanced the software, the more efficient and time-saving it is. If you choose to do medical coding and billing in-house, you're responsible for covering those costs yourself. Instead, outsource your medical billing and let them pay the high software prices.
More Profits For Your Practice
As experts in the industry, Spokane medical billing companies are likely to obtain a higher collection rate for your business. With years of experience, they'll know how to craft and submit claims that aren't denied and receive high reimbursements. In other words, you'll receive higher payouts faster. Over time, this will add up and the service will pay for itself.
Choosing the Right Medical Billing and Coding Company in Spokane
Now that you know the advantages of medical billing services in Spokane, how do you know which provider to choose? We recommend doing your research and comparing different companies in the Spokane area. Be prepared to share your speciality, typical billing volume, and anything noteworthy about how you've handles billing in the past. Remember that a lower price may mean that you're compromising quality. There are a few things to look out for when deciding on which company to choose:
- The components of their cost breakdown
- The software that they use
- How they follow compliance rules
- The healthcare specialties they serve most
- Customer reviews
Medical Billing Cost Costs in Spokane
The cost of a medical billing company in Spokane is most affected by the volume of bills a practice needs to process and collect.
Below are estimated costs for medical billing company costs in Spokane:
Size of Practice | Setup Fee | % of Collections | Min Monthly Charge |
---|---|---|---|
Small (< 10 Physicians) | $292.98 / Physician | 3-5% | $830.11 - $1,464.90 |
Mid-Size (10-20 Physicians) | $488.30 / Physician | 5-8% | $1,464.90 - $2,441.50 |
Large (> 20 Physicians) | $976.60 / Physician (capped) | 8-11% | $2,441.50 - $3,418.10 |
Note: Prices subject to change. These costs are based on an average of Alluvit's Spokane medical billing company research.
Medical Billing Companies in Spokane, WA
-
Iron Mountain
4330 S Grove Rd
Spokane, 99224-5344(509) 624-4138
-
Iron Mountain
501 W 2nd Ave
Spokane, 99201-4301(509) 744-8579
-
Kids Clinic
319 W 8th Ave
Spokane, 99204-2505(509) 448-7337
-
Medical Prime Option
2925 N Nevada St
Spokane, 99207-2761(509) 489-6553
-
QTC Medical Svc
5901 N Lidgerwood St # 119
Spokane, 99208-1122(509) 482-0240
-
Unify Community Health Nrthst
4001 N Cook St
Spokane, 99207-5879(509) 326-4343