How to Increase Pediatric Practice Collections

The best way to ensure that your pediatric practice can treat as many patients as possible is to increase your collections. Follow these tips to maximize your practice’s profits.

Tip #1

See More Patients

The more patients you have, the more claims you can process, which, in turn, can bring in more collections for your practice. However, pediatricians are already busy and may not have the time to add more patients. Following the rest of these tips will help you to free up that time.

Tip #2

Outsource Your Medical Billing

One option for taking the billing process off your hands is to outsource it. Hiring a professional billing service can not only free up your time but also ensure more accurate claims.

Tip #3

Streamline Your In-House Claims Process

Not everyone is comfortable outsourcing their billing process and prefers to keep it in-house instead. If you’d rather manage your own claims, you can still streamline them to free up time. The best way to do this is to dedicate a staff member or two to the billing process. That way, they can become experts in the codes and regulations required.

For informational purposes only.