24/7 MBS signs a contract with South Carolina Company

2024-04-17 03:32:41 Health and Fitness

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South Carolina: 24/7 Medical Billing Services has proved to be a pioneer in the field of medical billing and revenue cycle management (RCM) services for over a decade. It has been a key pillar of support for several healthcare organizations and medical billing companies through quality outsourcing services. Its recent contract with a South Carolina based medical billing company is a successful stride in the same direction poised to take both stakeholders to new heights.
The healthcare industry has seen a paradigm shift over the last couple of years, leading organizations to rethink many traditional aspects of their daily work keeping resource efficiency in mind.
?While having separate in-house departments for each function of an organization could seem like a mark of size and success, it poses a huge challenge in terms of humongous resources spent on hiring?s, management, operations, and replacements in-house,? notes Hariharsudan, Founder & CEO, 24/7 Medical Billing Services.
?More and more organizations are feeling the need to switch to a smarter solution instead, that allows you to focus on your core competencies while drawing assistance from external experts at a fraction of the traditional costs. This is where outsourcing steps in.?
The major challenges faced by the medical billing company that 24/7 Medical Billing Services strategic alliance intends to solve ?
At its core, the South Carolina based medical billing company tries to ensure sound financial health for its clients, typically healthcare organizations. This makes the maintenance and management of billing and revenue records on a day-to-day basis both a foremost priority and a formidable challenge for them. To achieve this, the medical billing company has always worked with experienced minds, equipped with the requisite expertise for complete revenue cycle management.

However, with a flourishing clientele and expanding services, the company had been finding it difficult to scale up in tandem. More clients and more work translated into the need for more resources, and hence greater expenses and management needs.
Besides, with the current climate fuelled by information and digitalization, Family Billing found itself in a sudden wave of technology and powerful analytics. The market is hyped with all-new data-driven processes that require technologically proficient individuals constantly updating themselves with the latest advancements for the best outcomes.
Having to hire separate resources with such varied skills was proving to be costly for the medical billing company, though the need of a dedicated and expert medical billing team was vital. The medical billing and coding company also did not want to take the risk of hiring temporary consultants and exposing their financial details to a fleeting outsider.

Now, by associating with 24/7 Medical Billing Services outsourcing solutions, the South Carolina based medical billing company is in for all-round financial services assistance sustainable in the longer term. This collaboration has answered many of the predominating challenges that the family billing company had been struggling with for long while being affordable and trustworthy at the same time.

How is 24/7 Medical Billing Services helping the billing company tackle the problems of scalability and resources?
?Spending hefty amounts in hiring and operational management was something we were not confident of, though the requirement of skilled resources and end-to-end revenue cycle management was only growing with our expanding clientele,? shares an official spokesperson, from the billing company.
?We were looking for an option that guaranteed scalability without taking much time, affordability without compromising on expertise and absolute trust without having to risk exposing financial and patient details. That?s when we found 24/7 Medical Billing Services and decided to take the stride.?
24/7 Medical Billing Services has had a long history of helping small, medium, and large healthcare organizations gain access to the experience and expertise of a dedicated medical billing and revenue cycle management team. Our collaboration with Family Billing Solutions is on these very lines, as we offer them round-the-clock support for chiropractic, pathology, pharmacy billing and more.
Experienced Specialists:
24/7 Medical Billing Services is an array of revenue management specialists available on demand. The diverse team has specialists across niches and healthcare practices, besides generalists to take the cue of the entire spectrum and render end-to-end medical billing services for clients. This way, clients no longer have to invest discretely in external consultants while burning a hole in their pocket.
Affordability and Speed in One:
Working with 24/7 Medical Billing Services ensures the dual benefit of saving costs and time while refraining from making poor financial decisions that could harm the medical billing company?s reputation in the short- and long term. Our clients get a chance at greater resources, flexible budget allocations, and an expert point of view. All this is possible at 24/7 Medical Billing services without any unnecessarily expense where they take care hiring, maintenance, operational, and replacement costs.