Managing billing functions in-house can become a hassle for small practices. It's important for small practice owners to research different options and select the company that best suits their needs. A practice's financial stability depends on efficient billing management, which guarantees that payments are received on time, claims are handled, and claims are paid. One of those responsibilities is medical billing. When medical facilities provide services to patients, they file an insurance claim with the firm. Without proper billing management, a practice can lose revenue, encounter delays in payment, and even face legal consequences. Billing companies can provide customized billing services based on individual practice needs.
What is billing management