Improve Your Revenue Collections With Reliable Oncology Medical Billing Services

If you compare the price footprint of in-house medical billing team with outsourced resources then you’ll find that outsourcing way cost-effective than maintaining a whole medical billing department within your practice.
Following are the expenses required to run an office-based medical billing department in the USA;
● Interviewing & hiring new resources.
● Employees’ salaries.
● Paid leaves of employees.
● Public holidays.
● Annual bonuses of employees.
● Set up cost of medical billing system.
● Stationery expenses.
● Offboarding of medical billing employees.
● Continuous training of medical billing and coding employees so they compatible with the updates in billing and coding standards.
● Certifications and compliance training of employees.
On the other hand, when you outsource oncology billing services then you become able to not only cut down your cost overheads but also reduce your IT expenses to a very small fraction. When you outsource oncology billing services then it becomes the responsibility of that oncology billing company to hire, train and pay their employees. You don’t need to invest a capital amount for their individual employees. Also, you get rid of spending your resources and valuable time into training the employees because a medical billing company provides consistent training to their employees. Also, they guide and assist you to upgrade your practice management system to keep up with changes in billing and coding standards. In this way, it helps you run your practice without worrying about the administrative tasks and responsibilities. Having said that, CureCloudMD is the most cost-effective oncology billing company in the USA because we charge only fixed percentage from the revenue we collect on your behalf by filing your claims. So we get paid only when we bring revenue for your practice. In order to create better mutual success opportunities, our oncology billing specialists strive their best to increase your reimbursement collections and ensure the financial well being of your practice.

If you’d decide to submit credentialing applications and proceed with provider enrollment then it can take several months for you to become an in-network provider. Hence, it’ll cost your time & effort to contact and follow up with insurers. Also, if you won’t get your credentials on time then you’ll not be able to unleash more revenue opportunities for your medical practice for too long. Therefore, when you outsource medical credentialing and provider enrollment services to CureCloudMD then you can save your time & get better financial opportunities.

Provider Credentialing is the process of verifying a healthcare provider’s background information, skills, and competency levels. If providers want to legally pursue their medical practice then they must go through the credentialing process before starting their practice legally.

Payer Enrollment is the process of requesting a health insurance network to get registered. In this way, practitioners become in-network providers and patients can easily afford them. It helps medical providers to generate increased revenue streams by collecting payments from insurance companies and patients. CureCloudMD also helps healthcare providers to enroll with commercial payers including UnitedHealthcare, BlueCross BlueShield, Humana and Aetna, for example, regional insurance networks, or government public programs such as Medicaid and Medicare.

Credentialing is not a one-time process instead it is an ongoing aspect of medical practice. Therefore, we require your NPI and CAQH ID & Password for continued enrollment with the insurance payers. Our team may ask your NPI and CAQH ID & Password more frequently to regularly revise and update your information.

We will require your NPI ID & Password to update your outdated and previous information i.e. physician location/address and billing address. If you’ve forgotten your NPI ID and password then please call the NPI (NPPES) toll-free number: 1-800-465-3203 for assistance.

However, we would ask your CAQH credentials to submit credentialing applications for health plans, hospitals and other healthcare organizations. If you’ve forgotten your CAQH ID and Password then please call toll free number:1-888-599-1771 for assistance