| Statistics show that both in-house and outsourced | | | | payments to each individual client continue to |
| billing services may deliver superior or inadequate | | | | shrink because of the increasingly bad follow up. |
| billing performance. On one hand, only 5.66% of | | | | In the extreme case, when the electronic billing |
| "better-performing practices" outsource their billing. | | | | software and service provider has no ability to |
| In other words, the vast majority of | | | | follow up at all (for instance, when the service is |
| "better-performing practices" achieve adequate | | | | offered at excessively low prices, such as 4%), |
| billing performance in-house. On the other hand, | | | | the provider ends up losing twice, first, by paying |
| less than 83% of payments are paid to an | | | | a fee for the automatically paid claims, and then, |
| average practice within the first four months | | | | by receiving no service on underpayments and |
| since the date of service. Worse, 59% of | | | | leaving major part of earned compensation to the |
| in-house billers do not review explanations of | | | | insurer. On the other hand, the practice owner |
| benefits and 55% of billers have never appealed a | | | | with in-house billing operation has all of its billing |
| denied claim. In other words, the average medical | | | | capacity focused on followup for a single practice |
| practice delivers almost one fifth of its services | | | | and so the in-house billing service will necessarily |
| for free because in-house billing fails to provide | | | | bring better results than the outsourced service. |
| adequate payment performance. | | | | Counter-argument analysis |
| Can an outsourced electronic medical billing | | | | |
| software and service improve or expedite | | | | 1. Upcoding argument is irrelevant for doctors that |
| payments and reduce costs? This article revisits | | | | code themselves using an electronic or even |
| key arguments for and against billing outsourcing | | | | paper superbill. Next, if the biller is expected to |
| in light of increasing complexity and regulatory | | | | code, then the practice owner must ensure that |
| scrutiny of billing processes. | | | | its compliance process protects both the practice |
| | | | and the billing service. The penalties for |
| 1. Arguments FOR outsourced billing service: | | | | noncompliance have been steadily escalating in the |
| 2. Improved billing performance in spite of | | | | recent decade and today include financial, |
| continuously reduced fee schedules, growing billing | | | | licensure, and imprisonment aspects. A practice |
| complexity, frequent audits, and payer | | | | without a compliance process faces a higher risk |
| consolidation into larger networks | | | | of failing a random post-payment audit and paying |
| 3. Extra time and focus on patient care and/or | | | | higher penalties than a practice with a formal |
| practice development | | | | compliance process in place. Once a |
| 4. Reduced operating costs | | | | comprehensive process is implemented fully and |
| Billing performance improvement is typically | | | | reliably, the practice owner eliminates major risk |
| measured in reduced accounts receivable, faster | | | | regardless of having billing service in-house or |
| median payment, and reduced underpayment and | | | | outsourced. |
| denial ratios. The practice owner uses the extra | | | | 2. Measuring billing quality exposes the fallacy of |
| time for the family, patient care, or practice | | | | zero-sum argument. If a medical practice |
| development. The cost gains are typically | | | | performing in-house billing demonstrates lower |
| measured in salaries and benefits of reduced billing | | | | percent of accounts receivable beyond 120 days |
| personnel. It is important to keep in mind that a | | | | than the national average (17.7%) then its billers |
| 10% improvement in overall billing quality means | | | | do have better followup performance and the |
| ten times more to the practice bottom line than a | | | | comparative analysis reduces to comparing total |
| 1% reduction in billing fees. Therefore, if an | | | | in-house costs to billing office fees. Again, since a |
| outsourced billing service provider is able to | | | | 10% improvement in overall billing quality means |
| significantly improve billing performance, cost | | | | ten times more to the practice bottom line than a |
| reduction may be marginal in comparison to a | | | | 1% reduction in billing fees, an outsourced billing |
| total contribution to the practice bottom line. | | | | service provider charging a percentage of total |
| Arguments AGAINST outsourced billing service: | | | | collections has a larger incentive to improve |
| | | | overall payment performance than to sell the |
| 1. Upcoding risk | | | | service to another medical practice. |
| 2. Deficient follow up | | | | Recent progress made by industry leaders in |
| If the billing service charges a percentage of total | | | | terms of overall billing quality and included services |
| collections, then, according to the upcoding | | | | confirms this analysis. Aggressive upfront claim |
| argument, the service has an incentive to code a | | | | scrubbing, real-time compliance analysis, |
| CPT code with a higher return often contradicting | | | | automated denial followup are just a few of |
| medical notes on hand. As the practice owner is | | | | activities, provided by modern Vericle-type billing |
| ultimately responsible for the medical claims, such | | | | software to enable continuous improvement of |
| a billing service exposes the owner to upcoding | | | | billing performance in step with growing scale and |
| felony charges. On the other hand, the practice | | | | number of clients. Other important developments |
| owner with in-house billing operation pays flat | | | | include billing workflow integration with practice |
| salaries to the billing personnel eliminating the | | | | management tools, including patient scheduling, |
| incentive for upcoding. | | | | electronic medical records (EMR) or SOAP notes, |
| The deficient denial followup argument is a | | | | and real-time reporting and alert generation. |
| variation of a "zero-sum argument." It is based on | | | | In conclusion, abstract arguments for and against |
| an assumption that billing service provider's | | | | outsourced electronic medical billing are pointless |
| capacity for a followup process is limited and | | | | as both sides can be shown right or wrong |
| clients must compete for it. A win for one client | | | | depending on specific and quantitative |
| must necessarily be a loss for another. By driving | | | | performance measures. Practice owners must |
| such followup activity down to zero, the billing | | | | establish objective performance and compliance |
| service provider wins at the expense of every | | | | criteria and use them systematically and within |
| one of his clients. The larger is the client base of | | | | individual practice context when addressing the |
| the billing service, the more it wins, while the | | | | question of medical billing outsourcing. |