Not all radiologists are experts in radiology billing services. At the same time, it’s even more essential to notice the huge impact that billing staff has on revenue profits, which can’t be ignored. This article states the basic formulas and benchmarks radiologists need to gauge the performance of their billing operation. It’s not a very comprehensive study of the various facets of medical billing, and moreover not intended to replace expert guidance.
The concept here will enable radiology professionals in any practice environment to quickly understand key billing measurements and apply them in their proper context.
Practices also vary widely depending on their approach towards radiology billing services. Some groups have outsourced their radiology billing services to third parties while the others have a billing manager to take care of radiology billing.
We will look at few issues that relates specifically to billing staff who are practice employees and those who work for radiology billing services in a billing company.