Outsourcing your claims to a third party medical billing service can make or break your healthcare organization. A very good medical billing service will get you on the path to making tens or hundreds of thousands of dollars every month, but a company with ineffective practices could cripple any existing revenue your practice makes.

Here’s what I can say: the best billing service will never compromise on rates. If you’re seriously looking for a company who charges less than 4% from your monthly collections, chances are you’ll end up with a company who cuts corners and hurts not just your revenue but your practice in the longer run.

That said, a high percentage doesn’t guarantee you quality output. As long as you know what to look for in a medical billing service company, you should be able to find the right revenue partner.