How to Increase Radiology Practice Collections

Increasing the collections of your radiology practice can help you make more money, see more patients, and grow your business. Here are three ways you can start increasing your radiology collections.

#1

See More Patients

One of the main ways you can increase your radiology practice’s income is to see more patients. Not only is increasing your patient load a matter of marketing, but also a matter of time. If you don’t have the time to take on more patients, there’s no way to increase your patient load. One way to free up your time is to outsource some of your other responsibilities, such as medical coding and billing or hiring assistants.

#2

Streamline Your Medical Billing Process

Streamlining your medical billing process is one way to increase your collections and make your practice run smoother. If you do not wish to outsource your medical billing, ensure your employees are well-trained and knowledgeable about the necessary billing steps. For example, you can put one employee in charge of billing and another employee in charge of receiving. By doing so, each employee can become an expert in their area and help minimize errors.

#3

Outsource to a Medical Billing Service

Alternatively, you can outsource your medical billing to a professional company such as Quest National Services. Outsourcing helps free up your time to see more patients. Additionally, you can run your practice with fewer employees, lowering your overhead costs. Professional medical billers are trained to make few errors and follow up on all claims, so you can rest assured that your radiology practice can bring in more money.

For informational purposes only.