Why Outsource

Why Outsourcing Makes Sense.

Billing, as you know, is the lifeblood of your practice and you must take all precautions and safeguards to protect that lifeblood.

Yet on almost a routine basis, providers are giving away their checkbook to strangers as they constantly hire new billing staff within their offices to handle their billing and collection functions.

Your cash flow is totally dependent upon how your patient receivables are managed. Entrusting your receivables management to a billing service would eliminate the disruption you experience in your cash flow with your personnel turnover.

The Advantages Of Outsourcing.

Using a professional billing service has many advantages:

• Experienced billing service professionals who have received advanced training and education
• Fee schedules and contracts are constantly updated
• Prompt and accurate follow up on denials and appeals
• Detailed report capabilities to properly monitor accounts receivables
• Electronic claims and remittance
• No need to purchase and maintain computer hardware, software, or annual support services

Freedom From Staff Management Problems.

By entrusting cash flow to one or two office staff members, you are totally financially dependent upon your personnel. If a billing staff member decides to leave your practice, you face the stress of assuring that the accounts receivable function is maintained appropriately and is transferred in a timely fashion to someone else.

Training time is usually required and can result in a substantial decrease of cash. In addition, you will be required to invest more time and money into training a new billing staff member. In many instances, an increase in salary costs will also occur.

Timely Maximum Payment.

At MGSI, we know that keeping up with the growing complexities of medical reimbursement is absolutely critical for timely maximum payment of medical services rendered.

As a trained and experienced multi-specialty billing service, we are your vital link between providing healthcare services and receiving payment for those services.

Key Objectives.

Our outsource billing services accomplish three principal objectives:

• Increase and accelerate revenue
• Provide the opportunity to better utilize employee time, talent, and experience for enhanced services related to your core mission - providing effective, efficient treatment and service programs for your patients
• Reduce denials

Flexible Options.

MGSI offers a wide range of outsource billing and financial services. You may contract either for specific services or for the full service.

Contact Us For More Information.

Call toll free at 1-877-785-8801 or email us to find out more about MGSI and how we can help your practice.