Outsource Medical Billing Services to Reach New Financial Heights
With us, you can enjoy the following perks:
- Affordable outsourced billing services with transparent pricing
- A one-stop solution that handle each step of your RCM
- Advanced technology and RPA tools to boost efficiency
- Multi-specialty experts trained to handle complex claims
Outsource Medical Billing Services to Reach New Financial Heights
Struggling to handle financial sides of your practice? Outsource medical billing services to Transcure for faster insurance payments and lesser claim denials.
Challenges Faced by Healthcare Providers While Handling Medical Billing Tasks
Due to ongoing inefficiencies in in-house billing operations, outsourcing medical billing has become a growing trend. Healthcare providers continue to face rising administrative burdens, and frequent claim denials due to lack of experienced individuals. According to the MGMA reports, approximately 25% of claims are denied or delayed due to coding errors.
Other than that, a report by Healthcare Business & Technology suggests that U.S. doctors lose around $125 billion due to inefficient billing systems. However, hiring a medical billing outsourcing company like Transcure can dramatically improve collection rates and compliance.
Why Outsource Medical Billing Services Instead of Hiring In-House Billers?
Keeping in view all the challenges faced by in-house billers, outsourcing medical billing seems like an intelligent choice. Go through these points to acknowledge the superiority of the outsourced billing services.
Feature
Expertise
Technology
Claim Success Rate
Scalability
Compliance
In-House Billing
Limited
Lack advanced automation
Frequent errors
Limited
High risk of malpractice
Outsourcing Billing to Transcure
Access to 1100+ certified billers
RPA-powered billing platform
Up to 98% clean claim rate
Scalable to match growth
100% HIPAA-compliant
Cost Comparison: In-House Billing vs. Outsourcing Medical Billing to Transcure
In-House Billing
The calculations are done for small to medium-sized practices.
Annual Salary: $25000 to $35000
Overhead Cost: $15000 to $25000
Downsides
Not Cost-Efficient
Less Skilled Billers
Lacks Automation
Outsourcing to Transcure
The calculations are done for the practices earning around $100000 per year.
Transcure’s Rate: 5% on average
Total Cost: $100000 x 5/100 = $5000
Upsides
Save up to $45000 annually
Team of over 1100 skilled billers
AI-powered Billing
Affordable Medical Billing Outsourcing Services for Practices of Every Kind
Transcure offers cost-effective outsourced billing services, charging only 5% of your monthly collections. Our transparent medical billing outsourcing company partners with your team to have a synergistic effect on financial growth.
There are no hidden charges, no upfront fees, and zero onboarding costs. You only pay when we collect revenue on your behalf, so our pay-as-you-collect model is completely risk-free. Along with pocket-friendly rates, Transcure delivers full value for money with proven results of reduced denials and improved cash flow.
Core Outsourced Billing Services Offered by Transcure
As a top-rated medical billing outsourcing company, Transcure provides reliable medical billing services fit for your practice. Here are our top features you can outsource for your clinics:
Outsourced Credentialing Services
Transcure can help you get enrolled with payers faster and maintain active status with continuous compliance tracking.
Error-Free Medical Coding
With certified coders, our team performs specialty-specific CPT and ICD-10 coding to reduce denials and boost collections.
End-to-End Outsourced Medical Billing
From patient intake to claim submission, expert billers at Transcure take care of everything with its advanced automation protocols.
Accounts Receivable Follow-Up
Our outsourced billing A/R teams aggressively follow up on unpaid claims to minimize aging and maximize reimbursement.
Our Success in Numbers
Why Choose Transcure for Your Medical Billing Outsourcing Needs?
Still not convinced about hiring Transcure as your outsourced medical billing company? Take a look at these benefits offered by our team to divide in favor of hiring us.
Certified Billing and Coding Experts
Expert team with over 1100 certified professionals with multi-specialty expertise.
Industry-Leading Clean Claim Rate
Achieve up to 98% clean claims on first submission with outsourced medical billing.
AI-Driven Outsourced Billing Services
Automated billing through RPA having over 4 million rules for accuracy.
Strict Regulatory Compliance
100% adherence to HIPAA and CMS guidelines to keep your practice compliant.
Real-Time Financial Reporting
Transparent insights through daily, weekly, and monthly billing reports.
Scalable Medical Billing Solutions
Outsourced billing services fit for practices of all sizes and specialties.
Complete Suite of Our Outsourced Medical Billing Services
Being one of the best outsourced medical billing services providers, Transcure delivers end-to-end solutions to reduce administrative burden. Our comprehensive outsourcing medical billing services include:
- Medical Credentialing
- Eligibility Verification
- Outsourced Prior Authorization Management
- Accurate Medical Coding (CPT, ICD-10, HCPCS)
- Claims Submission
- Payment Posting and Reconciliation
- Outsourced Denial Management
- Accounts Receivable Follow-Up
- Patient Billing and Statement Generation
- EHR Integration Services
- Real-Time Reporting and Analytics
- Outsourced Compliance Audits Support
Seamless Onboarding Process for Outsourced Billing Services
Welcome Call
Your onboarding begins with a personal welcome call from your dedicated account manager. During this session, we introduce you to our outsourced medical billing process.
Implementation Questionnaire
Afterward, you’ll receive a structured questionnaire to share critical information, such as your specialty type, clinic location, EMR requirement, and practitioners list.
Onboarding Meeting
Our expert team will walk you through a detailed onboarding meeting. During this meeting, we will ask you to provide access to your current EHR and billing platforms.
Establishing Workflow SOPs
Upon understanding your needs, we will create customized SOPs that define how every part of your billing workflow will function, from charge capture to coding.
Go-Live Date
Once everything is in place, we officially launch your outsourced billing services. On your go-live date, billing operations shift fully to Transcure’s team.
Medical Billing Outsourcing Company for Every Practice Needs
Transcure provides outsourced medical billing services for specialties of every kind. Our expert billers are trained to handle over 40 specialties, including:
Trusted Medical Billing Outsourcing Services
See why healthcare providers trust Transcure as their go-to outsourced medical billing partner
Jackie Judd
Practice Manager
Wilson Creek Internal Medicine
As a practice manager, I was looking to streamline the medical billing process. I tried other companies, but they were all complicated and took too much of my time. Fortunately, I found Transcure. They excel in tailoring solutions to fit my requirements.
Amber Vaughan
Office Manager
Idaho Kidney & Hypertension Institute
We are a large practice with 15 providers. Transcure has been working with us for the last 5 years. This billing company has been a great asset to us. I work with Transcure and they provide everything I ask for. The team is friendly and very pleasant to work with.
Ashlee Rose
Practice Manager
Harding Memorial Healthcare
We’ve been working with Transcure for 8 years now and I just wanted to say how happy we are with their services. They always get back to us quickly and are very easy to work with. They get my bills paid in record time and help us to generate millions in revenue.
Frequently Asked Questions (FAQs)
Will I receive financial performance reports after outsourcing medical billing?
Yes, our team provides detailed financial reports on a daily, weekly, and monthly basis. These reports include KPIs such as collections, claim status, and denial rates for full transparency. Through this, you get control over your revenue cycle while we handle the complexities of medical billing outsourcing.
Why should I choose Transcure outsourced billing services over in-house billers?
Transcure offers specialized expertise and advanced billing technology at less than 5% of collections. Unlike in-house teams, we eliminate staffing hassles and accelerate cash flow compromising on compliance or transparency.
Can Transcure integrate with my existing EMR system?
Yes, we can integrate with your current EMR system because our team believe in the “if it ain’t broke, don’t fix it” philosophy. During the onboarding process, our team ask if you want to continue with your current EMR or shift to another one.
Is it beneficial to outsource medical billing services?
Absolutely, we recommend outsourcing billing services for streamlined operations and reduced administrative burden. With experts handling coding and claim submission, healthcare providers can focus more on patient care.
