Remove Co-Sourcing Remove Cost Control Remove Regulations
article thumbnail

Medical Billing Outsourcing: Is It the Solution to Rising Costs?

Premier BPO

Operating costs increased nearly 7% year-over-year, driven by wage inflation, staffing gaps, and regulatory overhead. 1 Billing errors cost hospitals billions annually, leading to claim denials, delayed reimbursements, and even legal issues. Business Continuity Vulnerable to disruptions from turnover, absences, or local incidents.