Why Principal Healthcare

In-house billing departments are a COST CENTER! Outsourcing the account receivable management process is the most powerful tool you have in managing and maximizing the profitability of your practice. Here are some real benefits you’ll quickly realize by outsourcing your medical billing and collections processes to Principal Healthcare:

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Claim processing and collections costs are fixed resulting in better cost control, budgeting, and forecasting

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Up to 75% reduction in claim processing and collections related payroll and benefits

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Significantly reduced hiring and training costs

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Accelerated cash flow – most claims are paid within 30 days or less

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Rejection rates below 5% - claims are virtually pre-approved for payment

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Increased revenues – we maximize your entitled reimbursements

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Insulated cash flow – turnover and other personnel issues won’t affect claim processing and collections

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Improved productivity – substantial reduction in your staff’s non-revenue generating activities

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Leverage additional staffing hours and funds to provide more efficient patient care, expanded services and diversified revenue streams

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Reduced office supply and postage expenses