Welcome to Medaxcel
Here at Medaxcel we Provide that platform to obtain this GOAL
Almost every independent medical practise faces the decision of pursuing in-house billing vs. outsourcing to a billing company for the ultimate drive for optimisation. And a lot depends also on the New comers taking that right decision or the experienced ones taking it later but in fact what is the correct path is a personal choice.
But before one decides its prudent to discover and check several factors to consider, such as the HIDDEN COSTS in the existing in-house billing system. There are around 7 major costs connected to the in house billing which the medical practioners can forgo in order to target quantum gains.
- ✔55% Salary Costs
- ✔45% Other Costs
- 12% Technology Cost
- 5% Staff Turnover
- 8% Cost of Errors
- 10% Cost of Aging receivable
- 5% Employee benefit cost
- 5% Real estate cost
Accelerate
Our Services will affirm the overall upkeep and seamless medical billing and keep with OPTIMISAITON to enhance the turnover so that YOUR TIME is spent FOCUSING ON Patient CARE and increase the PATIENT TURNOVER
advantages of Medical billing
✔ Reduce billing errors
✔ Accurate claims submission
✔ Faster reimbursements
✔ Increase Revenues and Profit
✔ Reduce Accounts Receivable
✔ Increase cash flow
✔ Reduce time spent on payroll
✔ Reduce expenses paid on salaries & benefits
