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- May 26, 2010
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I'm just over 3 years into my own practice and I think I finally understand most of billing. It took me a long to get this point and I know I've lost lots of revenue moving through the process. I don't really see how practices can't lose money. Most doctors know little regarding billing and even fewer audit the billing process. Billers, whether in-house or out-sourced, can't go through every claim. It would go against human nature.
So, my questions are:
Do you think every practice loses revenue to billing issues? If so, how much do you think practices lose as a percentage?
Should this just be considered a part of doing business as a small practice and the loss would just need to be taken?
Does anyone care to contribute their thoughts on this?
So, my questions are:
Do you think every practice loses revenue to billing issues? If so, how much do you think practices lose as a percentage?
Should this just be considered a part of doing business as a small practice and the loss would just need to be taken?
Does anyone care to contribute their thoughts on this?