An unprecedented rate of change is taking place in the healthcare sector. With the rise in technology, many medical billing companies and large physician groups are turning to seek virtual assistants in low-cost countries such as India to help them stay competitive. Here are top 5 most impactful benefits of hiring a virtual medical assistant!

1. Virtual Medical Billing Staff is Cost-effective

Virtual staff is available at 50% less costs than the staff on payroll when we include, benefits and insurance expenses, overhead expenses, and cost for office space. A ratio of 40% internal staff and 60% outsourced staff is good ratio to get the best of both the worlds. While looking for outsourcing partner make sure the staff and trained.

2. Virtual Medical Billing Staff provide More Flexibility

Business is full of surprises. A medical billing company might get a call from a practice to start doing the billing service on a 2 weeks’ notice. Such a time frame is not adequate to hire a new staff. Outsourcing provides the flexibility to hire on a short notice. Similarly, it is possible that a practice has decides to take the billing in-house and wants to terminate the contract by giving 1- or 2-months’ notice. In such a case, the outsourcing staff can be reduced accordingly.

3. Virtual Medical Billing Staff brings more focus on Productivity

When medical billing outsources to a virtual staffing company, they expect weekly status report and measure productivity to get the most out of their outsourcing investments. This brings a focus on data and measurement. This helps improve productivity not only for the outsourced staff but also for inhouse employees.

4. Virtual Medical Billing Staff helps improve Quality

Outsourcing partners such as Probilling have been providing outsourcing services for many-many years to clients across United States. They have established and proven quality and audit checks for the transactions they carry out such as eligibility checks, charge entry, account receivable management, payment posting etc. This helps build a quality mindset, helps put the checks and controls and continually improves the process.

5. Virtual Medical Billing Staff frees up Management Bandwidth

When a medical billing leverages the outsourced staff, they spent less time on hiring, training and managing internal staff. Even the oversight required to manage the productivity and quality is reduced as the outsourcing partner provides the quality and productivity reports. This frees up critical management bandwidth that can be spent on marketing, business development and building client relationships.

It is very obvious that the benefit of outsourcing medical billing staffing or seeking virtual staff for medical billing is a very compelling strategy. It has multiple advantages as outline above. The only word of caution is to choose the partner wisely and choose the partner for long-term.

ProBilling is one of the most preferred choice of medical billing companies and physician group that are looking to take the advantage of trained virtual medical billing staff. Talk to one of our experts and start saving 50% right away.