Any practice that's been managing its own claims processing has a nagging feeling that it could be getting more money from its payors. As the rate of automation and regulation grow in the Insurance industry, outsourcing of Medical Billing has shown itself to be one area where a Medical Practice can still realize increased cash flow while significantly reducing in-office expenses. 

The emergence of the internet coupled with the advances in computerization, have given the health care industry better alternatives to reduce overhead expenses and minimize rejected reimbursement claims.

How? By retaining a medical billing outsourcing company.

Here are three valid reasons why:

1. To improve reimbursement collection - the foremost responsibility of outsourcing medical billing companies is to handle their clients billing and collection responsibilities. To be effective and bring the most benefit to our clients, Alaska Billing Services drives accurate, timely and complete processing of all medical Claims.  We do this through clear production Benchmarks, continuing education, investment in the latest technology solutions, upgrading software and the skills of our personnel.

2. To avail of proper professional support - managing medical billing and coding claims are not core services of many health care providers. The HIPAA has created set transactions standards with which all physicians and payors must comply. When a physician or insurance company bills improperly, not only will can they lose revenue but worse, they may run afoul of industry or HIPAA standards.

3. To Free the practice staff to dedicate their efforts to patient care - Tracking reimbursement claims is tedious and time consuming. When physicians and healthcare providers hire a medical billing outsourcing company, they are freed from this. They can instead, pay focused attention to their patients care. Alaska Billing Services will assume the duties of managing, tracking and transacting with insurance companies; to have these reimbursement claims successfully processed.

Most practices feel they are getting squeezed from both sides. Their expenses are skyrocketing (particularly in the malpractice insurance area) while their reimbursements are being minimized by Insurance payers and the Federal government. An experienced billing company can negotiate the Insurance claim bureaucracy and relieve that pressure.

Dedicated, experienced Billers will be able to move claims through the Insurance maze much more quickly that someone who does it only when time permits. Alaska Billing Services will supply your office with the necessary tools, technology, resources and staff-support to accomplish timely payment of your Medical Claims.

Alaska Billing Services maintains an overall Collection rate of 97%. 

In 2006 and 2007, 98.5% of Electronic Claims were filed timely and complete.  Our Denial Rate is standardly less than 2% - Though, all errors or rejections, regardless of source, are corrected and resubmitted within one business day.

We expect our clients to hold us accountable for exceeding their financial expectations.  The management of timely, accurate Medical Billing Claims is our role and we are exceptional in its execution!