Why Outsourcing?
Outsourcing billing can improve how much of a practice's invoiced work is actually collected. Any gain depends on the practice's case mix, schemes and current processes.
In more detail, if we consider the ratio between ‘Accounts Invoiced’ and ‘Accounts Received’ less the Recovery costs involved we get a useful measure of how effective your practice’s account management is.
• Whether accounts are managed by the doctor, by a dedicated in-house account manager, or outsourced to Forte Medical, the aim is the same: more of the work you invoice is actually collected.