Why Outsource?
Control
Many people fear that by outsourcing they lose control. How much control do you currently have if you are looking into outsourcing? By outsourcing your billing needs to OPBS you will regain control of the most important aspect of your business, your business' lifeline! You choose the frequency and type of reports you want to keep you informed. There is constant communication between OPBS and you on patient releases, payment plans as well as your A/R.
Reallocation of current resources
You will typically pay less to OPBS for its billing services than you are currently writing off for bad debt or timely filing. The time your staff dedicates to billing activities can be redirected to other tasks without an increase in staffing/payroll. Your current staff will be freed up to complete neglected tasks. These may include inventory control (do you know how much money you have tied up in inventory or even what you have in inventory?) purchasing (instead of your technicians' or practitioners' valuable time, have somebody else do purchasing/shipping/receiving) marketing (increase your visibility within your market to doctors, therapists, nursing homes, hospitals, etc.).
Reduction of resources
By outsourcing your billing you can reduce payroll and the associated expenses; employer matching taxes, medicare and social security as well as the cost of benefits. You only pay OPBS based on what money is collected which in turn allows you to reduce this type of high fixed expense. You can now pay the front office staff to be receptionists vs. office managers and billing specialists.
Dependability
No longer worry if your billing specialists decide to leave your employment. You will not have a disruption in your billing. By having OPBS as your billing department you do not have to worry about the time involved in finding new staff. There is also no investment of time and resources in costly training. Outsourcing to OPBS will also prevent your billing from being put on hold for staff illness or family emergencies. We are there with a full staff of specialists to continue to meet your billing needs.
