Medical Billing Services Survey: Providers and practice administrators

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Medical Billing Services Survey: Providers and practice administrators

  • Only 59% of secondary claims are filed.
  • 79% of providers deal with 10 or more payers, making it difficult to follow up with claims.
  • Only 32% of patients who owe money receive a collection letter. Most patients likely won’t send payment without prompting.
  • 12% of practices never update payer fee schedules, potentially leaving money on the table.
  • Only 55% of practices use analytics to identify patients due or overdue for recommended services. Linking clinical processes with financial processes can drive big improvements in a practice’s financial performance.

If you fall into any of these buckets, our medical billing services can help you improve collections, cash flow, and profitability.

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