Use of external billing company by medical practices increased the collection rates for almost 73% of survey respondents according to survey conducted by MGMA (Medical Group Management Associations). 

Respondents noted the use of an external billing company has:

·         72.7% reduced days in accounts receivable:

·         72.7% increased collection rates;

·         59.1% decreased the rate of lost and denied claims;

·         59.1% gained better insight into the practice’s financials, physician performance and drive; and

·         45.5% increased staff productivity.