I am in a solo practice in Richmond. I have a mix of insurance and cosmetic patients in my practice. I have been using eCW for a while, but have been using an outside billing company for the last 8 years. After many years of paying 8.5% and having other service issues related to the firm, I have decided change my structure and bring everything in house. I have great staff, but none are billers. My office manage is sharp and really wants to bring this all in house.
Theoretically, I have a date to do this on July 1. (about 6 weeks). I am now realizing that this change is more complex than I thought.
Here are my questions:
1. How quickly can I set up a clearinghouse and make this all happen? I need to redirect ERA and EFTs to the new setup. How long does this take to do?
2. Any suggestions on clearinghouses?
3. Is this a terrible idea?
I am also considering the RCM product from eCW. How much easier will that make my billing? It irritates me that it is $1000 just to talk with them. As I do have income outside of insurance, I assume they would not try to grab a portion of that. Anybody know?
thanks!