Advanced Billing Concepts

Advanced Billing Concepts Launches a New Website

Customers receive a free estimate for medical billing services and a dedicated billing team for outstanding support at all times, reports ABCAdvantage.com

 

Verona, NJ -- (SBWIRE) -- 12/03/2015 -- Advanced Billing Concepts announces the launch of their brand new website, and customers visiting the site find they can obtain a free estimate for medical billing services. In addition, each client receives a dedicated billing team, and the company makes use of highly-efficient billing software, ensuring they are able to assist their clients promptly at all times. As health care costs continue to rise, providers look for new ways to reduce expenses, and this company partners with those in the health care industry to achieve this goal.

"With the help of this medical billing in nj service, health care providers find they can concentrate on what matters most, their patients. Many providers find they are unwilling to outsource this task, yet the service acts as an extension of the health care provider's own team, rather than an independent party. This is why every client receives a dedicated billing team for their account. In fact, the service visits the client's office to ensure the transition from in-house billing is seamless," Valerie Del Vecchio, spokesperson for Advanced Billing Concepts, explains.

Medical billing remains an essential part of any health care practice, yet many providers fail to recognize the expenses associated with this task. The provider must consider not only the salary of the billing personnel, but their capital investment in any items used in the process. Billing quality needs to be taken into account, along with any time spent by the actual provider on this task. Finally, many individuals fail to consider the cost of lost opportunity when it comes to developing the practice.

"When considering the cost of in-house medical billing, a provider needs to examine the adjusted collections rate, the percentage of claims paid in a timely manner and the number of accounts receivable that have exceeded 120 days. Personnel costs go far beyond the salary paid to these individuals, as providers need to add in any benefits, replacement costs, vacations, sick days, payroll taxes and more. This is in addition to the capital expense of billing, such as hardware and software, maintenance fees, disaster recovery and other tasks. Once all expenses are calculated, many health care organizations and providers find they save money by making use of a third party for this crucial task," Del Vecchio continues.

Other factors come into play when making this decision. Medical providers need to determine if their current billing process is efficient and if they are seeing collections are increasing while the time to collect has decreased. In addition, they need to look at staff turnover rates, the level of technical knowledge of current staff members and more. When all factors are taken into account, a medical practice finds it much easier to decide if this is a task they need to outsource.

"Visit the new Advanced Billing Concepts website today to request a free estimate. Providers who do so may find they can save a great deal of money by going outside of their office for this routine task. Patient care always needs to be the top priority, and Advanced Billing Concepts understands this. The company continues to search for new ways to help clients handle routine chores efficiently, and this new website is one way they are working to accomplish this goal," Del Vecchio reports.

About Advanced Billing Concepts
A medical billing company, Advanced Billing Concepts, LLC services a multitude of provider types, from mental health to internal medicine, and brings years of experience to each transaction. The company works with accounts receivable, worker's compensation, insurance billing, PIP case and collections, along with contracting and credentialing. The team has extensive experience and knowledge when it comes to occupational therapy, physical therapy and chiropractic billing together with administrative protocols.