The global COVID 19 pandemic attack has gone far beyond thousands of infections and deaths and has affected almost all sectors. Healthcare organizations and medical billing companies being in the vanguard during this travail state are most vulnerable. The pandemic has resulted in the closure of businesses and job losses on a scale that hasn’t been seen in the U.S. in recent history. Since the physicians are fighting at the forefront by disposing themselves to the death-dealing coronavirus and working extended hours, the billing companies are struggling to get accustomed to the new billing and coding guidelines, altered insurance policy guidelines, CMS rules and regulations, etc.
COVID 19 has put the entire medical billing business into a stressful situation and keeping the business afloat has become a challenge. Recent reports show 35% decline in patient value. There is a major impact on costs and that is the reason most of the companies are looking to outsource their medical billing functions to offshore partner. Following this one simple step will prevent your business and the revenue loss substantially.
Keeping your practice financially healthy is critical, and we’re here to help. If you’re looking for assistance and a cost-effective way to streamline billing and coding for boosting your bottom line, you should definitely opt for outsourcing medical billing to India. Viaante is one of the top medical billing companies in India havingexperience and expertise in the medical billing and coding procedures. With over years of experience especially in the Healthcare BPO domain, Viaante provides comprehensive medical billing and coding services.
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