The benefits of dealing with a company like LM Billing are almost to numerous to mention, but from what we have found most fall into a few categories. Like any business we understand that time is money, and that your time is extremely valuable. Thats where we come in.
TIME
We can help free up your time to focus on the things that really matter, the revenue generating things. In today's world you just can't waste time on items that don't help make you money. We can help individuals to free up there time, spending more time with patients and less time with paperwork and insurance companies. We can also help you so that you are not spending all of your time on different compliance issues, and not spending all of your time on regulation changes and insurance company changes that seem to occur almost daily.
MONEY
We can help you increase your cash flow and increase your overall revenue. Thus, helping you operate your business consistently and more profitable. LM Billing knows the insurance industry and we can ensure that you are on top of account receivables and help you manage who owes you money and when. We are also experts in problem resolution. So if there is a problem, we can help you fix it ensuring you get paid faster.
MONEY: Cost Avoidance
LM Billing can not only help make you more money, but also decrease some major costs to your business. LM Billing can also help you avoid those pesky and expensive software upgrades. It seems that there are new upgrades every six months or so that can cost thousands of dollars. LM Billing uses only the most state or the art software to help you with your business.
STAFFING
By outsourcing your billing to LM Billing you can ensure that major staffing issues are avoided. Staffing and head count is one of the most costly expenses in any business. If your staff isn't trained or productive it can cost you thousands. Working with LM Billing you will not have to worry about hiring more staff if you have a sudden up tick in business. We can help you if your business increases by one time or by one thousands times!
By using LM Billing you also reduce many HR and staffing issues. You don't have to worry about employee turn over and training in your billing department. Which can grind your business to a halt. There is also not a dependency on just one person to perform your billing. Relying on one person to perform your billing can be extremely risky. What if the person thinks they deserve a large pay increase? What if the person just ups and leaves? What would happen to your business and your precious cash flow then? That is why the smarter and more sensible approach is working with a billing company like LM Billing. You will no longer be responsible for conducting interviews, training and implementing a training program, and you will also not be held hostage to unreasonable employee requests.