Outsourcing in the healthcare industry involves the delegation of specific tasks or services to external providers, enabling healthcare organizations to improve their operations and focus on core functions.
Many healthcare facilities choose to outsource non-core activities for workers comp, so they can enhance efficiency, reduce costs, and improve patient care. Despite that, there is still misunderstanding about outsourcing leading medical providers to believe that having an in-house team to manage collection and billing benefits their practices rather than outsourcing a legal representative.
An in-house team might need more specialized skills or knowledge to deal with workers comp. Not only do you need to be well informed with workers comp guidelines, limitations, and due diligence but also it needs constant tracking since the guidelines update frequently. Another aspect that an expert can provide to your medical facility is technical insights. From writing detailed PR-2 reports to benefit your payout to having complete knowledge of labour codes that support your case, a professional outsource can benefit in numerous ways. But most of all, collections and billing are different from the expertise of people working in healthcare. They might be getting the job done but you cannot reach the efficiency level an expert might provide.
Experience the pinnacle of workers’ comp billing and collections with Medical Lien Management. Our team of certified coders and billers guarantees precision in billing your services and submitting them to the insurance company. Our team promptly manages lien filing, SBR filing, RFA filings, DOR filing, and NOR filing with accuracy. Our expert negotiators excel in collections and billing, maintaining regular follow-ups, and staying updated with WCAB regulations and legal developments to maximize your payout.
One thing about workers comp billing is that it needs back-to-back follow-ups which medical facilities keep up with. Without persistent inquiry, you will end up with minimum or no settlements. Additionally, our seasoned attorneys, with extensive backgrounds in insurance, expertly handle your hearings and legal matters, ensuring you receive the best possible outcome. Choose Medical Lien Management for professional, reliable, and comprehensive workers’ comp billing and collections services.
Outsource to Medical Lien Management (MLM) for a comprehensive solution that allows you to focus on your core activities while we expertly manage your cases. MLM has been in the workers comp industry for more than 30 years, managing 150+ clients with expertise and professionalism. Keeping your practice in-house might seem like the best choice, but exploring alternatives can open new possibilities. Take it from our clients;
Schedule a call with MLM today to discover the transformative impact we can bring to your practice.