Medical billing is the backbone of financial health for small practices. With limited staff and growing administrative demands, inefficient billing processes can silently drain revenue and compromise patient care. This white paper highlights the key pain points—including coding complexities, high denial rates, and outdated systems—that small providers face daily. It emphasizes the hidden costs of billing inefficiencies and offers insight into the in-house vs. outsourced billing decision, equipping providers with the knowledge to choose the right approach for their practice.
Beyond identifying challenges, this guide delivers actionable strategies to streamline the revenue cycle. From adopting best practices in data collection and coding to leveraging AI-driven tools and tracking key performance metrics like FPR and DSO, small practices can modernize their billing without adding to staff burden. A 90-day action plan and monthly checklist provide a practical roadmap for sustainable billing improvements that protect compliance, boost collections, and support long-term growth.
