What impact should medical billing reviews have on your practice’s purchasing decisions?
According to the 2014 Black Book Survey, 89 percent of doctors admitted their medical billing and collections systems were in need of upgrading. On top of this underlying need is another one: the need to be complaint with ICD-10 requirements and new meaningful use initiatives. All of this adds up to an industry that is seeing a majority of physicians looking to purchase Health IT such as Medical Billing and practice management software.
But selecting and implementing new software can be daunting to a small, busy practice because there are literally hundreds of software vendors in the marketplace,and many doctors put off making a purchasing decision for as long as they can.
Can you relate?