Consider the provider with an outsourced medical billing model. The relatively low entry barriers of the third party medical billing industry have led to a proliferation ofMedical billing services scattered throughout the United States. Chances are the provider's medical billing service is located in another geographic area making first hand observations and assessments impossible. The role of management reporting in a third party Medical billing model is critical. A provider must regularly review charge entry, posting, write offs and account receivable balances to insure his/her cash flow is properly managed. A report as basic as 30, 60, 90 days in receivables will quickly give a provider a good idea of how well their medical billing and account receivable processes are being managed by a third party medical billing service. For More Click Here
