A facility like Emergency Room Billing has unique challenges, including managing cash flows, staffing, improving efficiency, billing, and coding. This means more time and energy invested into ongoing education, new emergency billing software, and less energy dedicated to patient care.
Freestanding ER physicians must increasingly balance providing their patients the best care possible and managing the financial aspects of today’s dynamic healthcare industry. To capture some of the estimated $125 billion left on the table each year due to poor revenue cycle practices, many emergency room practices are considering outsourcing medical billing.