The 5 Best Medical Billing Outsourcing Companies 

Medical billing is a crucial task; however, it can get time-consuming and take the focus away from the actual task, that is, patient care. This is why many healthcare professionals are now outsourcing this service – reducing costs, improving billing accuracy, and expediting payments. Here are the 5 best medical billing outsourcing companies.  

1. Global Healthcare Resource 

With over 20 years of experience, Global Healthcare Resource comes at the top of the list. The company has more than 7,000 billing professionals, coders, and call center agents – all HIPAA compliant. They work with any EHR system and offer fast, 24-hour turnaround times. Moreover, they also offer a free savings calculator and free consultation. The services they offer are tailored to improve your ROI and make billing easier.  

Some of the top services offered by them are:  

• Patient scheduling 
• Insurance eligibility checks 
• Pre-authorizations 
• Medical coding 
• Charge entry and payment posting 
• Denial management 
• A/R follow-up 

2. AdvancedMD 

AdvancedMD is known best for combining expert billing services with smart software tools. Patients and staff members easily remain connected through their cloud-based system (hosted on Amazon Web Services). 

AdvancedMD combines expert billing services with smart software tools. Their cloud-based system (hosted on Amazon Web Services) makes it easy for staff and patients to stay connected. With low upfront costs and flexible contracts, AdvancedMD remains one of the top choices when it comes to outsourcing. They also offer special programs, like their “AdvancedBiller Grow,” including lead generation tools and premium support.  

Some of their top services are: 

• Claims submission 
• Collections and appeals 
• Patient statements 
• U.S.-based patient call center 

3. DrChrono 

If your clinic is looking for mobile solutions and fast payments, DrChrono is the one for you. Being a tech-forward company, DrChrono is known to have built the first EHR mobile app and for offering effective billing support. Their billing software is fully integrated, which reduces errors and boosts claim approval rates. Their exceptional Apollo Plus plan includes certified billing experts for maximum results.  

Some of their top services are: 

• Real-time insurance eligibility checks 
• Claims management 
• Patient billing statements 
• Medical code entry 
• Denial resolution 

4. Coronis Health 

For high-pressure medical fields like emergency medicine, seamless and tech-powered billing is crucial. There are plenty of challenges in the field, like staff shortage, traditional RCM, and billing operations that lack financial transparency. With decades of experience with RCM leaders, Coronis Health understands these challenges and brings forward a solution. Their focus is on automation and AI to streamline workflows and improve transparency. You get an efficient workflow delivering insights, keeping you on track with your business decisions.  

Some of their top services are: 

• Medical coding 
• Billing and A/R management 
• Eligibility checks 
• Denial management 
• Credentialing and coding audits 

5. GeBBS Healthcare Solutions 

GeBBS utilizes AI to improve revenue cycle performance. On top of that, they have over 3,000 trained coders, and with the help of AI and skill, they bring speed, reduced errors, tracked claims, and an increased cash flow to your business. Therefore, if you are a healthcare provider looking for a reliable and compliant partner, this is the one.  

Some of their top services are: 

• A/R follow-up 
• Denial management 
• Cash application 
• Credit balance resolution 
• Claims recovery 

Reasons to Outsource Medical Billing 

Outsourcing medical billing can bring you plenty of benefits, and these include:

• Reduced Costs – you pay much less to outsource as compared to hiring in-house, and skip the training hassle. 
• Better Accuracy – Working with experts means reduced errors that usually delay payments.  
• More Time – As you outsource a crucial, time-consuming task, you save more time and can focus more on patient care. 

These 5 outsourcing firms can bring complete ease to your business by providing the best medical billing services in the industry, allowing you to focus more on efficient patient care and optimizing your revenue cycle. Make the right decisions today to ease your workflow and boost your revenue.  

Please note that the information presented in this article is for educational and informational purposes only. It is not intended to provide legal, accounting, or business advice, and should not be relied upon as such. You should consult with your own independent advisor or appropriate professional before making any decisions based on the information provided herein. The author is not affiliated with, nor do they endorse, promote, or receive compensation from any businesses, products, or services referenced in this content.