How to Increase Sleep Center Practice Collections
Jun 13, 2022
Although your sleep center’s focus may be on the patients coming in for sleep studies, billing is also a vital part of running the practice. The following are some ways that you can maximize collections and profitability.
Tip #1
Outsource Your Medical Billing
Outsourcing your billing can help to ensure that your claims are handled promptly and accurately, which can in turn maximize your collections. Plus, hiring an external company to manage the claims process for you can free up more of your time for patients.
Tip #2
Streamline Your Collections In-House
If you prefer to keep your billing procedures in-house instead of outsourcing them, it’s a good idea to look at where you can streamline the process where possible.
Tip #3
Increase the Number of Patients
Increasing the number of patients coming into your sleep center is another way to increase your collections. In order to make time for more patients, however, you’ll also need to either streamline your in-house collections or outsource the medical billing process.
For informational purposes only.
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“My husband and I have a small practice but we were looking for a medical billing company to consult us. We originally started with a local company with some satisfaction. However, our biggest problem was that they wanted us to change our existing EMR to software that they worked with. Quest National Services worked with our existing software so that we didn’t have to make expensive changes to our infrastructure. That saved us a lot of time and headache. I would definitely say that was one of the main reasons for why we switched and why we continue to work with Quest. As a small practice, they helped us without draining our resources.”
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