Today finding a reliable outsourcing partner is next to impossible. This is because the ongoing labor shortage in the healthcare market has not only made it more difficult to find qualified staff but retaining them requires quite an effort.  

Today, the healthcare industry is grappling with a labor crisis, which is fueled by factors such as an aging population, increasing demand for healthcare services, and lack of adequate training programs.  

In fact, below are the few impacts of the Labor Crisis on Urgent Care Billing  

  • Increased billing and coding errors – The labor crisis has resulted in a shortage of skilled and experienced medical billing professionals, leading to an increased likelihood of billing and coding errors. As with limited resources chances of incorrect coding, duplicate billing, and other mistakes arise which can lead to claim denials and ultimately affect the bottom line for urgent care centers.
  • Delayed Reimbursements – With fewer experienced staff members available to manage billing, urgent care centers are not only facing delays in receiving reimbursements but also problems related to follow up and more. This is not only straining financial resources and hindering the center’s ability to ensure timely care but also is deteriorating the quality of patient care.
  • Inefficient Revenue Cycle Management – As the labor crisis persists, many urgent care centers are struggling to maintain efficient revenue cycle management processes leading to lost revenue, longer billing cycles, and increased administrative costs. This is why today urgent care centers are looking for alternative solutions like outsourcing.

 

Outsourcing Urgent Care Billing-The Sunknowledge Solution:  

Outsourcing billing services to a reliable and experienced revenue cycle management company like Sunknowledge can help urgent care practices overcome these challenges. Here’s how:  

  • Expertise in billing codes and regulations: working in the industry for more than 15+ years, Sunknowledge today is recognized as the top leading RCM solution for its highest productivity metrics, accuracy rate and seamless billing transaction. Staying up-to-date with the latest changes in billing codes and industry regulations, the expert not only work on accurate coding and timely reimbursements, better billing transaction but also constant cash flow for your urgent care practice.
  • Efficient claims processing: Outsourcing your billing processes to Sunknowledge can help you manage high patient volume with ease. Our skilled professional’s process claims promptly and accurately help in reducing the time and effort that is generally spent by in-house staff. 
  • Reduced denials and rejections: Sunknowledge’s team of experts identifies and addresses potential issues before claim submission, significantly reducing denials and rejections. This improves cash flow and saves time spent on resubmissions and appeals. 
  • Being a Cost-effective solution: Outsourcing to Sunknowledge eliminates the need for hiring, training, and maintaining an in-house billing staff which can cause many of you a hole in your pocket.   

 

Partnering with Sunknowledge will in fact, help you eliminate unnecessary costs and save a lot of money and also time for you to focus on other important jobs and grow your business furthermore. 

So what are you waiting for? Get in touch with the expert today and change your urgent care billing ROI in no time.