Many companies enjoy the idea of in-house traditional billing because it seems like it would be easier than outsourcing billing. However, the transition period from having outsourced billing to in-house billing can be difficult and stressful. Also, if a medical office or residential treatment facility is only just opening, then learning how to do in-house billing can be confusing. In these moments, we at Aspen Ridge Medical may be of service to you.
What Does In-House Traditional Billing Involve?
In-house Traditional billing involves handling all of your patients accounts and insurance claims. Implementing in-house billing involves several initial sizable costs. Some of those costs include labor, technology, hardware and software, and training. In-house billing also requires maintenance which can be expensive over time. Maintenance can include updating the software and managing employees and finding people that would be willing to take care of billing as part of their schedule. However, it can be useful to have in-house billing as it allows you to have direct access to customer files and accounts.
It may not always be advisable to have in-house billing because it can be very expensive and difficult to manage. Either way, we at Aspen Ridge Medical are prepared to help you. We can aid you in your in-house billing transitional period as well as be a resource for outsourced billing.
Should I Handle My Own Billing?
A question that every business owner asks at some point is whether or not they should tackle their own billing. If this is something your company is contemplating, then Aspen Ridge’s Transitional Billing Service is a safe way to decide if doing your own billing makes sense for your facility.
We are experts in evaluating what it takes to operate in-house billing and can provide a clear assessment of the benefits and costs for your facility. In the evaluation process we will help you figure out the best way to distribute resources and whether your procedures need to be adjusted to be more cost-effective.
Should you decide that in-house traditional billing is the best direction for your facility, we will work closely with you to ensure your billing is handled properly during the transitional period. We will provide training and coaching on how certain processes work and help develop a solid back-up plan in case you feel you need to change course in the future.
Let Us Help With In-House Transitional Billing
We at Aspen Ridge Medical do not only provide you with a canned transition approach, or a planned sales pitch, but we can fully customize a comprehensive plan for you, then execute it according to an agreed upon schedule.
If your long-term goal is to have your own team handle your billing, Aspen Ridge will help you make that a reality. Your goals are our goals, and your dreams of success are what we want to fulfill. We handle the day- to-day billing as we work closely with your staff to train and educate them on the billing process. After your staff is trained, we slowly move one item at a time over to your staff – VOBs, then URs, and finally claim submission and claim follow-up. For a small monthly fee, we can audit your billing and be there for you as a consultant. Lose a staff member or a key biller? No problem. We can step back in immediately, if necessary, to keep your billing up-to-date.
If you have more questions regarding what we can do to help your company’s billing process become much easier or how to start billing on your own, we can help you here at Aspen Ridge Medical. We have many experienced, friendly, and competent experts that can help you reach all of your efficiency and billing goals. Call or connect with us today to begin a conversation or schedule a facility review!