According to the Practice Profitability Index, a survey of more than 5,000 U.S. physicians, 58% of doctors spend the equivalent of one workday a week on paperwork rather than seeing patients. Although the report didn’t address whether or not these physicians enjoy administrative tasks, it’s safe to assume most do not.
Unfortunately, the mountains of paperwork are set to grow as practices deal with upcoming reforms like the Affordable Care Act, Meaningful Use Stage 2, and ICD-10.
In response, a growing number of practices are choosing to outsource their revenue cycle management (RCM) duties to combat the administrative tedium. Still, many providers aren’t sure if it’s the right decision for their practice.
Enter Ralph Catalano, Vice President of Operations, and Christina Ferreira, Director of Billing and Solutions, at CareCloud to help make the choice a little easier. On December 17 at 1 p.m. EST, they will lead a webinar covering the most commonly asked questions about outsourced medical billing.
In this free webinar, you’ll learn:
- The key drivers behind the decision to outsource
- Effects of outsourcing on a medical practice’s staff
- About CareCloud’s own RCM solution: Concierge
- And more…
Toward the end of the session, the two billing experts will also answer any additional questions attendants may have.
Do you know what you need when setting up a new medical practice?
