Patient Payment Service is your reliable partner in matters of financial interaction between patients and the medical institution. We provide a transparent payment system and help patients understand their financial obligations.
Patient billing is a complex task that requires proper coding, accurate data entry, and timely collection. With the ever-changing healthcare landscape, managing patient billing can be daunting for healthcare providers. Outsourcing patient billing services to an experienced medical billing provider can help healthcare providers optimize their revenue cycle, reduce denials, and improve their bottom line.
According to recent statistics, about 18-20% of medical claims are denied, resulting in significant losses for healthcare providers. Additionally, research shows that medical practices that outsource their billing services to third-party providers report fewer billing errors and higher reimbursements than those that manage their billing in-house.