To survive in today's environment of declining insurance reimbursement and increasing costs; all medical practices should explore the opportunities of adding to their bottom line by outsourcing their "non-core" processes. For your medical practice, the "core process" should be what generates value for your practice, which is the management of patient care, and what differentiates your practice from your competitors.
By outsourcing, your practice is shifting the responsibilities of a service to a supplier, which specializes and focuses on the one element for you practice such as state of the art technology, billing and reimbursement, finance and accounting and, human resources and data processing.
Outsourcing can turn your practice's expenses into a profit center.
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