Medical Bureau Services

Intro into our bureau services

Today's medical practices are under pressure to provide the best possible care while also managing complex billing and administrative processes. Outsourcing to professional bureau services is a strategic decision that helps maintain high standards of care and practice efficiency.

Bureau services are offered by companies specialising in billing, coding, claims submission, and other medical practice administration. For practices with small staff or those with complex billing needs, outsourcing to a professional bureau service is a solid strategy for success.

Services include: 

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Why practices should outsource billing & admin to bureau services

Outsourcing billing and administrative tasks allows medical staff to focus on providing excellent patient care, thereby increasing the time available for patient interactions. This approach can also be more cost-effective compared to hiring and training in-house staff to manage billing and administration, leading to significant cost reductions. Practices that lack adequate resources and capacity are often at risk of losing revenue; however, outsourcing ensures that claims are submitted accurately, and payments are collected efficiently, minimising the chances of lost income. Additionally, outsourcing helps medical practices comply with complex billing and administrative regulations, thereby reducing the risks of fraud and bad debt.

Benefits of partnering with us

1. Improved Claims Management: By outsourcing claims submission and management, practices ensure that claims are processed accurately and promptly, reducing delays and maximising reimbursements.
2. Expert Billing and Coding: Specialised billing and coding services minimise errors and optimise revenue. Accurate coding ensures that practices receive the correct payments for the services provided.
3. Reduced Rejection Rates: Thorough analysis and resubmission of rejected claims help reduce revenue loss and improve overall cash flow. This proactive approach ensures that fewer claims are denied.
4. Accurate Patient Verification: Verifying patient eligibility with medical aid schemes before appointments ensures coverage and reduces financial risk, preventing unexpected costs for both the practice and patients.
5. Timely Payment Collections: Following up on outstanding payments ensures that practices receive timely collections, reducing bad debt and improving financial stability.
6. Comprehensive Reporting: Detailed reporting and analysis provide valuable insights into financial and operational performance, helping practices identify areas for improvement and make informed decisions.

By choosing NovaMed for your bureau services, you can be confident that your practice’s administrative operations are in capable hands, ensuring smooth and efficient functioning of your practice.