CMS has updated Merit Based Incentive Payment Program (MIPS) for the reporting year 2020 and payment year 2022. This e-book will give the reader the current information and links to resources on the program.
Managing a successful medical practice is not a simple task. It is imperative that you preserve your time and money whenever possible. APS created this calculation tool to help you put your internal billing costs into perspective.
Whether you have been considering outsourcing your billing for some time, or are just beginning to explore the idea, use this APS tool to guide you to make an informed decision.
When you select APS as your medical billing partner, you’ll save time and money. Contact one of our representatives today to compare your costs with our billing fee.
While internal billing departments require the constant investment of new technology, APS is already equipped with the best technology. From our proprietary software to our on-site programmers, APS fulfills your technology requirements with ease and efficiency. We also provide a data dashboard so that you can monitor and track your progress as needed
Hardware lease
Software lease
Maintenance contracts
Technology contractors
The main disadvantage of using in-house billing is the cost of hiring and maintaining staff. Offering competitive salaries, benefits, & educational resources to employees is expensive, and the inability to meet these demands can result in a high turnover rate.
Salary
Benefits
Leased employees
Staff training
Another costly aspect of managing an internal billing department is allocating office space for your staff. When you choose APS as your partner, you’ll never have to worry about the added expenses of housing a staff during the work day.
Rent
Utilities
Cleaning
Repair/maintenance
In addition to technology, staff, and work space overheads, an internal billing department requires many additional operational costs. When a practice partners with APS, they no longer need to worry about these office expenses and inventory management.
