Zemmedex Medical Billing Services offers highly cost-effective solutions for outsourcing your neonatology billing. We charge only a fixed percentage of the revenue we successfully collect on your behalf after claim submission. This model helps you significantly lower staffing expenses while reducing administrative overhead and IT costs.
Below is a comparison of the costs associated with an in-house medical billing department versus outsourcing your neonatology billing services.
Expenses of an In-House Medical Billing Department
Constant Recruitment: Regularly researching and sourcing suitable talent for medical billing roles.
Hiring Process: Investing time and resources to arrange interviews and onboard staff for billing and coding.
Ongoing Training: Providing continuous education for the in-house team regarding medical code book updates, billing regulations, and legal changes in the healthcare system.
Financial Obligations: Regularly allocating capital for salaries, appraisals, bonuses, paid time off, and the costs associated with employee turnover and replacements.
Expenses of Outsourcing Neonatology Billing Services
Performance-Based Fee: A fixed percentage of the revenue actually collected by Zemmedex after your claims are submitted.
Technology Integration: We incorporate cloud-based SaaS medical billing software into your practice management system, allowing you to utilize resourceful technology and efficient business functions without the heavy upfront investment.