Find a business that specializes in billing for small practices like yours and is knowledgeable about the insurance market in your area. Unfortunately, this can occasionally leave little time for billing and collections, two of your practice's most crucial aspects. In addition to practice management and consulting services, they provide a variety of billing services, such as coding, billing, and collections. Some companies have a fixed percentage, while others may vary depending on the services rendered. Small medical practices often do not have the resources to manage billing in-house, which is why outsourcing to a medical billing company is an excellent solution.
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