It’s hard to make sure insurance payers are issuing payments according to your contract. This is why it’s likely they’re not — it’s been found that medical practices typically lose about 5 to 10% of their revenue because of insurance underpayments.

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A survey recently conducted by the Medical Group Management Association (MGMA) has unearthed information that many have been expecting for a while — medical practices that rely on the services of a medical billing company enjoy several advantages over in-house billing solutions.

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It’s official — a recent study made by the Medical Group Management Association (MGMA) has shown that medical practices and facilities that use medical billing companies experience improved billing performance over those that use in-house billing systems.

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