MEDICAL BILLING OUTSOURCING
SPECIALIZING IN GROUP PRACTICES
If you are looking again for a new billing person, consider investing in a Summit-Edge outsourcing solution instead. A lot has changed in the last few years to make outsourcing the preferred billing solution for even large group practices. Very likely it will save you some money.
While outsourcing the billing to Summit-Edge is often a money saver, the best reason to outsource is to improve collections. Professional billing will almost always improve collections. Note that just a 5% improvement in collections translates to $5,000 - $15,000 per year, depending upon licensure.
Summit-Edge has been providing billing services since 2002. We are large enough to provide a high-quality and consistent solution. We are small enough to be on a first-name basis with all our customers. Here is what your practice stands to gain:
What are your billing costs per session? Here is a worksheet, to help you calculate that number. A Summit-Edge outsourcing solution will range between $3.50 and $6.50 per insured procedure - depending upon options selected.
Why are the fees so low?
Many billing services charge 8%-10% of collections for outsourcing services. So, it's understandable why so many group practices do their billing in-house. Summit-Edge fees are in the 3.5%-4.5% range, so we are often asked, "How is this possible?"
1. We own our proprietary billing software, so our system costs are minimal.
2. We've built powerful work centers into the software, for rapid processing of claims.
3. We only hire high-skilled and experienced billing persons...that are able to fly through the billing tasks.
4. We avoid data-entry as much as possible. We take advantage of digital intake forms, downloading sessions from EHR, electronic EOBs, etc. We automate everywhere possible.
4. We ask you to handle certain easy chores...like entering the sessions or entering a family payment. We always say, "You do the easy part...we'll do the hard part".