Improve Your Revenue With Podiatry Medical Billing Services

Podiatry is one of the crucial aspects of the healthcare field enabling patients to improve their motion and recover from acute diseases. If you’re struggling with generating enough income even after providing services to all your patients then there is a 50% chance that your medical billing cycle isn’t performing well.

You can meet your revenue goals by optimizing the functions of your reimbursement model. For this purpose, you need a reliable workforce for podiatry medical billing and coding services. There are 2 ways you can manage your resources i.e. hire medical billers and coders in your office or outsource podiatry billing services to a reliable medical billing company.

Yes, we help you recover your outstanding balance balance by providing innovative claim denial management solutions. Our account receivable (AR) recovery team examine your accounts, identify errors and eliminate them. After processing through your claim denials, we appeal insurance payers to collect your hard-earned money. Claim denial management services is also inclusive in our cardiology billing services so we can also adopt preventive measures to avoid claim denials in the future. We remove every loophole in your revenue cycle management to prevent revenue loss.

Here is the comparison of expenses of both models of medical billing services;

1. Outsourcing Helps You Reduce Staffing Expenses
When practitioners tend to hire medical billers and coders for their offices then they have to invest a capital amount in the following:
● Employees’ interview, hiring, and onboarding.
● Employees’ salaries.
● Appraisals.
● Annual bonuses.
● Paid holidays.

2. You Can Reduce IT Expenses By Outsourcing Podiatry Billing Services
You have to invest capital to buy hardware, software, and IT system maintenance for an office-based medical billing department. Setting up a computer system for your individual employees and maintaining these systems could be very expensive. However, when you outsource medical billing services then you can avoid these expenses and reduce cost overheads. CureCloudMD doesn’t ask you to set up a new medical billing and EHR/EMR software or charge you any extra cost for IT expenses. We integrate our medical billing solutions into your existing practice management system to work as an extension of your office. We clearly mention our charges in the agreement contract because we only charge a fixed percentage from the revenue we collect from the reimbursement generated from the claims that we submit on your behalf. CureCloudMD provides the most cost-effective podiatry billing services to all sizes of podiatry practices.